Plan5500

Alerus Financial — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Alerus Financial (EIN 45-0140105) is a plan sponsor located in Grand Forks, ND with 5 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
45-0140105
Location
Grand Forks, ND
Loaded plans
6
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Alerus Financial

  • 6 loaded plans hold $790.9K in reported assets.
  • The largest, Benefit Focused Pooled Employer Plan, holds 100% of this company's reported plan assets.
  • Plans cover 2,524 reported participants.
  • 1 of 6 plans report full financial statements.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$790.9KSummed across loaded plans$790,937
Total reported assets$790.9K$790,937
Total reported participants2.5K2,524
Total reported liabilitiesNot reported

Reported net position

Reported assets = net assets + liabilities (summed)$790.9K total assets
Net assets$790.9KLiabilities—
Contributions & income
Employer contributions$99.7K
Participant contributions$120.4K
Total income / additions$325.8K
Expenses & distributions
Benefits paid / distributions$6.7K
Total expenses$8.4K
Net increase / (decrease)$317.5K

Data coverage

Plans with financial statements1 / 6 (17%)
Plans with provider compensation0 / 6 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Benefit Focused Pooled Employer Plan
Participants per plan421Average across loaded plans
Loaded plans6
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Benefit Focused Pooled Employer Plan$790.9K
    Plan #004 · 1 participants · 2023
  2. 2
    Alerus Financial Life / Ad&D / Ltd Insurance Plannot reported in the loaded dataset
    Plan #507 · 821 participants · 2023
  3. 3
    Alerus Financial Dental Plannot reported in the loaded dataset
    Plan #505 · 699 participants · 2023
  4. 4
    Alerus Financial Self-Insured Health Plannot reported in the loaded dataset
    Plan #502 · 650 participants · 2023
  5. 5
    Alerus Financial Cafeteria Plannot reported in the loaded dataset
    Plan #506 · 253 participants · 2023
  6. 6
    Alerus Financial Flexible Spending Accountnot reported in the loaded dataset
    Plan #508 · 100 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Alerus Financial. Open one for its full reported snapshot.

  1. 2023
    Benefit Focused Pooled Employer Plan1 participants · 3Sch I
    View filing →
  2. 2023
    Alerus Financial Cafeteria Plan253 participants · 2No schedules
    View filing →
  3. 2023
    Alerus Financial Dental Plan699 participants · 2No schedules
    View filing →
  4. 2023
    Alerus Financial Life / Ad&D / Ltd Insurance Plan821 participants · 2No schedules
    View filing →
  5. 2023
    Alerus Financial Self-Insured Health Plan650 participants · 2No schedules
    View filing →
  6. 2023
    Alerus Financial Flexible Spending Account100 participants · 2No schedules
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Alerus Financial report on Form 5500?
Alerus Financial (EIN 45-0140105) reports 5 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Alerus Financial?
The Employer Identification Number (EIN) reported for Alerus Financial is 45-0140105.
What is the latest Form 5500 filing year for Alerus Financial?
The latest loaded Form 5500 filing year for Alerus Financial is 2023.

Related Form 5500 pages