2023 Form 5500 filing — Alerus Financial Corporation Safe Harbor 401k Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240722104220NAL0017311792005) for Alerus Financial Corporation Safe Harbor 401k Plan, reported by Alerus Financial under EIN 45-0375407 and plan number 003. It reports 1,149 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20240722104220NAL0017311792005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Alerus Financial
- EIN
- 45-0375407
- Plan number
- 003
- Location
- Grand Forks, ND
- Participants
- 1,149
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $170,141,037
- Total liabilities (EOY)
- $502,288
- Net assets (EOY)
- $169,638,749
- Employer contributions
- $2,920,359
- Participant contributions
- $6,384,922
- Total income / additions
- $39,328,983
- Benefits paid
- $21,319,708
- Administrative expenses
- $26,254
- Total expenses
- $21,534,031
- Net increase / (decrease)
- $17,794,952
- Schedule source
- Schedule H