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ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 401k Plan overview

Plan NameALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN
Plan identification number 003

ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ALERUS FINANCIAL has sponsored the creation of one or more 401k plans.

Company Name:ALERUS FINANCIAL
Employer identification number (EIN):450375407
NAIC Classification:511210
NAIC Description:Software Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01TERESA WASVICK2023-07-17 TERESA WASVICK2023-07-17
0032021-01-01TERESA WASVICK2022-07-26 TERESA WASVICK2022-07-26
0032020-01-01TERESA WASVICK2021-07-27 TERESA WASVICK2021-07-27
0032019-01-01TERESA WASVICK2020-07-23 TERESA WASVICK2020-07-23
0032018-01-01TERESA WASVICK2019-08-19 TERESA WASVICK2019-08-19
0032018-01-01 TERESA WASVICK2019-08-19
0032017-01-01
0032016-01-01DAN CHEEVER
0032015-01-01DAN CHEEVER
0032014-01-01
0032013-01-01ERIC CARLSON
0032012-01-01ERIC CARLSON
0032011-01-01ERIC CARLSON
0032009-01-01ERIC CARLSON

Plan Statistics for ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN

401k plan membership statisitcs for ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN

Measure Date Value
2022: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011,177
Total number of active participants reported on line 7a of the Form 55002022-01-01775
Number of retired or separated participants receiving benefits2022-01-017
Number of other retired or separated participants entitled to future benefits2022-01-01330
Total of all active and inactive participants2022-01-011,112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-016
Total participants2022-01-011,118
Number of participants with account balances2022-01-011,091
2021: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011,160
Total number of active participants reported on line 7a of the Form 55002021-01-01782
Number of retired or separated participants receiving benefits2021-01-0114
Number of other retired or separated participants entitled to future benefits2021-01-01348
Total of all active and inactive participants2021-01-011,144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-017
Total participants2021-01-011,151
Number of participants with account balances2021-01-011,113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011,130
Total number of active participants reported on line 7a of the Form 55002020-01-01813
Number of retired or separated participants receiving benefits2020-01-0111
Number of other retired or separated participants entitled to future benefits2020-01-01323
Total of all active and inactive participants2020-01-011,147
Total participants2020-01-011,147
Number of participants with account balances2020-01-011,109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011,100
Total number of active participants reported on line 7a of the Form 55002019-01-01752
Number of retired or separated participants receiving benefits2019-01-0110
Number of other retired or separated participants entitled to future benefits2019-01-01338
Total of all active and inactive participants2019-01-011,100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011,100
Number of participants with account balances2019-01-011,068
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011,046
Total number of active participants reported on line 7a of the Form 55002018-01-01738
Number of retired or separated participants receiving benefits2018-01-0111
Number of other retired or separated participants entitled to future benefits2018-01-01321
Total of all active and inactive participants2018-01-011,070
Total participants2018-01-011,070
Number of participants with account balances2018-01-01992
2017: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01770
Total number of active participants reported on line 7a of the Form 55002017-01-01729
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01292
Total of all active and inactive participants2017-01-011,021
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011,021
Number of participants with account balances2017-01-01947
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01788
Total number of active participants reported on line 7a of the Form 55002016-01-01565
Number of retired or separated participants receiving benefits2016-01-018
Number of other retired or separated participants entitled to future benefits2016-01-01166
Total of all active and inactive participants2016-01-01739
Total participants2016-01-01739
Number of participants with account balances2016-01-01632
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01757
Total number of active participants reported on line 7a of the Form 55002015-01-01530
Number of retired or separated participants receiving benefits2015-01-0157
Number of other retired or separated participants entitled to future benefits2015-01-01166
Total of all active and inactive participants2015-01-01753
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01753
Number of participants with account balances2015-01-01717
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01726
Total number of active participants reported on line 7a of the Form 55002014-01-01532
Number of retired or separated participants receiving benefits2014-01-0150
Number of other retired or separated participants entitled to future benefits2014-01-01154
Total of all active and inactive participants2014-01-01736
Total participants2014-01-01736
Number of participants with account balances2014-01-01695
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01666
Total number of active participants reported on line 7a of the Form 55002013-01-01501
Number of retired or separated participants receiving benefits2013-01-0152
Number of other retired or separated participants entitled to future benefits2013-01-01146
Total of all active and inactive participants2013-01-01699
Total participants2013-01-01699
Number of participants with account balances2013-01-01624
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01702
Total number of active participants reported on line 7a of the Form 55002012-01-01462
Number of retired or separated participants receiving benefits2012-01-0149
Number of other retired or separated participants entitled to future benefits2012-01-01144
Total of all active and inactive participants2012-01-01655
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01655
Number of participants with account balances2012-01-01616
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01658
Total number of active participants reported on line 7a of the Form 55002011-01-01504
Number of retired or separated participants receiving benefits2011-01-0147
Number of other retired or separated participants entitled to future benefits2011-01-01143
Total of all active and inactive participants2011-01-01694
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01694
Number of participants with account balances2011-01-01615
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2009: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01601
Total number of active participants reported on line 7a of the Form 55002009-01-01385
Number of retired or separated participants receiving benefits2009-01-0149
Number of other retired or separated participants entitled to future benefits2009-01-01130
Total of all active and inactive participants2009-01-01564
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01564
Number of participants with account balances2009-01-01523
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN

Measure Date Value
2022 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-192,841
Total unrealized appreciation/depreciation of assets2022-12-31$-192,841
Total transfer of assets to this plan2022-12-31$1,789,666
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$484,917
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$862,031
Total income from all sources (including contributions)2022-12-31$-17,778,767
Total of all expenses incurred2022-12-31$11,997,757
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$11,898,050
Expenses. Certain deemed distributions of participant loans2022-12-31$73,216
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$11,937,056
Value of total assets at end of year2022-12-31$152,328,714
Value of total assets at beginning of year2022-12-31$180,692,686
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$26,491
Total interest from all sources2022-12-31$125,951
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$3,361,096
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$3,361,096
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$6,791,582
Participant contributions at end of year2022-12-31$1,431,089
Participant contributions at beginning of year2022-12-31$1,492,150
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$163,036
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,997,467
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$41,121
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$219,632
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$484,917
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$862,031
Total non interest bearing cash at end of year2022-12-31$443,795
Total non interest bearing cash at beginning of year2022-12-31$404,188
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-29,776,524
Value of net assets at end of year (total assets less liabilities)2022-12-31$151,843,797
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$179,830,655
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$26,491
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$104,974,472
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$127,227,499
Interest on participant loans2022-12-31$69,399
Value of interest in common/collective trusts at end of year2022-12-31$34,307,897
Value of interest in common/collective trusts at beginning of year2022-12-31$40,984,715
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$10,318,147
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$9,123,438
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$9,123,438
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$56,552
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-26,268,505
Net investment gain or loss from common/collective trusts2022-12-31$-6,741,524
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$3,148,007
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$76,333
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$11,898,050
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$812,193
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$1,001,695
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31EIDE BAILLY LLP
Accountancy firm EIN2022-12-31450250958
2021 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$-156,377
Total unrealized appreciation/depreciation of assets2021-12-31$-156,377
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$862,031
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$587,083
Total income from all sources (including contributions)2021-12-31$35,660,058
Total of all expenses incurred2021-12-31$10,428,104
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$10,349,190
Expenses. Certain deemed distributions of participant loans2021-12-31$63,837
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$12,825,057
Value of total assets at end of year2021-12-31$180,692,686
Value of total assets at beginning of year2021-12-31$155,185,784
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$15,077
Total interest from all sources2021-12-31$72,572
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$5,874,131
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$5,874,131
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$3,123,050
Participant contributions at end of year2021-12-31$1,492,150
Participant contributions at beginning of year2021-12-31$1,296,079
Participant contributions at end of year2021-12-31$163,036
Participant contributions at beginning of year2021-12-31$150,826
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$2,991,464
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$219,632
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$862,031
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$587,083
Total non interest bearing cash at end of year2021-12-31$404,188
Total non interest bearing cash at beginning of year2021-12-31$361,785
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$25,231,954
Value of net assets at end of year (total assets less liabilities)2021-12-31$179,830,655
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$154,598,701
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$15,077
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$127,227,499
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$106,282,263
Interest on participant loans2021-12-31$70,314
Value of interest in common/collective trusts at end of year2021-12-31$40,984,715
Value of interest in common/collective trusts at beginning of year2021-12-31$34,564,340
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$9,123,438
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$11,825,842
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$11,825,842
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$2,258
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$11,736,129
Net investment gain or loss from common/collective trusts2021-12-31$5,308,546
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$6,710,543
Employer contributions (assets) at end of year2021-12-31$76,333
Employer contributions (assets) at beginning of year2021-12-31$73,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$10,349,190
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$1,001,695
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$630,806
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31EIDE BAILLY LLP
Accountancy firm EIN2021-12-31450250958
2020 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$104,922
Total unrealized appreciation/depreciation of assets2020-12-31$104,922
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$587,083
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$472,368
Total income from all sources (including contributions)2020-12-31$28,704,492
Total of all expenses incurred2020-12-31$15,779,752
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$15,678,405
Expenses. Certain deemed distributions of participant loans2020-12-31$88,710
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$9,828,827
Value of total assets at end of year2020-12-31$155,185,784
Value of total assets at beginning of year2020-12-31$142,146,329
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$12,637
Total interest from all sources2020-12-31$174,803
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$2,614,672
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$2,614,672
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$2,960,153
Participant contributions at end of year2020-12-31$1,296,079
Participant contributions at beginning of year2020-12-31$1,493,974
Participant contributions at end of year2020-12-31$150,826
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$609,823
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$142,783
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$587,083
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$472,368
Total non interest bearing cash at end of year2020-12-31$361,785
Total non interest bearing cash at beginning of year2020-12-31$330,685
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$12,924,740
Value of net assets at end of year (total assets less liabilities)2020-12-31$154,598,701
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$141,673,961
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$12,637
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$106,282,263
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$100,596,754
Interest on participant loans2020-12-31$174,803
Value of interest in common/collective trusts at end of year2020-12-31$34,564,340
Value of interest in common/collective trusts at beginning of year2020-12-31$29,970,628
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$11,825,842
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$9,265,673
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$9,265,673
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$11,474,885
Net investment gain or loss from common/collective trusts2020-12-31$4,506,383
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$6,258,851
Employer contributions (assets) at end of year2020-12-31$73,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$15,678,405
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$630,806
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$345,832
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31EIDE BAILLY LLP
Accountancy firm EIN2020-12-31450250958
2019 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$70,761
Total unrealized appreciation/depreciation of assets2019-12-31$70,761
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$472,368
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$2,048,711
Total income from all sources (including contributions)2019-12-31$36,442,078
Total of all expenses incurred2019-12-31$7,794,337
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$7,678,475
Expenses. Certain deemed distributions of participant loans2019-12-31$103,579
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$10,757,952
Value of total assets at end of year2019-12-31$142,146,329
Value of total assets at beginning of year2019-12-31$115,074,931
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$12,283
Total interest from all sources2019-12-31$127,371
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$3,955,244
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$3,955,244
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$9,100,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$5,542,888
Participant contributions at end of year2019-12-31$1,493,974
Participant contributions at beginning of year2019-12-31$1,269,903
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$9,927,155
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$2,615,704
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$142,783
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$15,673
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$472,368
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$2,048,711
Total non interest bearing cash at end of year2019-12-31$330,685
Total non interest bearing cash at beginning of year2019-12-31$2,033,038
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$28,647,741
Value of net assets at end of year (total assets less liabilities)2019-12-31$141,673,961
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$113,026,220
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$12,283
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$100,596,754
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$77,476,209
Interest on participant loans2019-12-31$127,371
Value of interest in common/collective trusts at end of year2019-12-31$29,970,628
Value of interest in common/collective trusts at beginning of year2019-12-31$24,352,953
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$9,265,673
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$16,137,008
Net investment gain or loss from common/collective trusts2019-12-31$5,393,742
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$2,599,360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$7,678,475
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$345,832
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31EIDE BAILLY LLP
Accountancy firm EIN2019-12-31450250958
2018 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-45,435
Total unrealized appreciation/depreciation of assets2018-12-31$-45,435
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$2,048,711
Total income from all sources (including contributions)2018-12-31$1,817,044
Total of all expenses incurred2018-12-31$5,852,011
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$5,801,584
Expenses. Certain deemed distributions of participant loans2018-12-31$44,415
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$8,622,637
Value of total assets at end of year2018-12-31$115,074,931
Value of total assets at beginning of year2018-12-31$117,061,187
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$6,012
Total interest from all sources2018-12-31$62,210
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$4,578,084
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$4,578,084
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$9,100,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$5,165,224
Participant contributions at end of year2018-12-31$1,269,903
Participant contributions at beginning of year2018-12-31$1,097,708
Assets. Other investments not covered elsewhere at end of year2018-12-31$9,927,155
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$1,055,869
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$15,673
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$2,048,711
Total non interest bearing cash at end of year2018-12-31$2,033,038
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-4,034,967
Value of net assets at end of year (total assets less liabilities)2018-12-31$113,026,220
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$117,061,187
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$6,012
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$77,476,209
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$80,128,868
Interest on participant loans2018-12-31$55,401
Interest earned on other investments2018-12-31$6,809
Value of interest in common/collective trusts at end of year2018-12-31$24,352,953
Value of interest in common/collective trusts at beginning of year2018-12-31$35,540,176
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-10,133,596
Net investment gain or loss from common/collective trusts2018-12-31$-1,266,856
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$2,401,544
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$4,033
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$5,801,584
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$290,402
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31EIDE BAILLY LLP
Accountancy firm EIN2018-12-31450250958
2017 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$9,999,176
Total unrealized appreciation/depreciation of assets2017-12-31$9,999,176
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$193,996
Total income from all sources (including contributions)2017-12-31$25,160,411
Total of all expenses incurred2017-12-31$8,248,316
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$8,248,316
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$8,660,578
Value of total assets at end of year2017-12-31$117,061,187
Value of total assets at beginning of year2017-12-31$100,343,088
Total interest from all sources2017-12-31$51,397
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$9,100,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$4,934,384
Participant contributions at end of year2017-12-31$1,097,708
Participant contributions at beginning of year2017-12-31$1,205,493
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$1,402,755
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$199,093
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$16,912,095
Value of net assets at end of year (total assets less liabilities)2017-12-31$117,061,187
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$100,149,092
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$80,128,868
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$68,820,154
Interest on participant loans2017-12-31$51,397
Value of interest in common/collective trusts at end of year2017-12-31$35,540,176
Value of interest in common/collective trusts at beginning of year2017-12-31$29,856,057
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$3,441,341
Net investment gain or loss from common/collective trusts2017-12-31$3,007,919
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$2,323,439
Employer contributions (assets) at end of year2017-12-31$4,033
Income. Dividends from common stock2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$8,248,316
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$290,402
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$262,291
Liabilities. Value of benefit claims payable at end of year2017-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$193,996
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2017-12-31450310328
2016 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$3,583,765
Total unrealized appreciation/depreciation of assets2016-12-31$3,583,765
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$193,996
Total income from all sources (including contributions)2016-12-31$21,963,892
Total of all expenses incurred2016-12-31$4,425,575
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$4,425,575
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$14,321,004
Value of total assets at end of year2016-12-31$100,343,088
Value of total assets at beginning of year2016-12-31$82,610,775
Total interest from all sources2016-12-31$46,289
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$701
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$9,100,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$4,825,639
Participant contributions at end of year2016-12-31$1,205,493
Participant contributions at beginning of year2016-12-31$892,851
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$7,205,397
Total non interest bearing cash at end of year2016-12-31$199,093
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$17,538,317
Value of net assets at end of year (total assets less liabilities)2016-12-31$100,149,092
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$82,610,775
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$68,820,154
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$59,120,847
Interest on participant loans2016-12-31$46,289
Value of interest in common/collective trusts at end of year2016-12-31$29,856,057
Value of interest in common/collective trusts at beginning of year2016-12-31$22,460,265
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$2,343,832
Net investment gain or loss from common/collective trusts2016-12-31$1,668,301
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$2,289,968
Income. Dividends from common stock2016-12-31$701
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$4,425,575
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$262,291
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$136,812
Liabilities. Value of benefit claims payable at end of year2016-12-31$193,996
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2016-12-31450310328
2015 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-2,402,527
Total unrealized appreciation/depreciation of assets2015-12-31$-2,402,527
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$87,378
Total income from all sources (including contributions)2015-12-31$8,256,146
Total of all expenses incurred2015-12-31$4,334,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$4,334,604
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$7,956,926
Value of total assets at end of year2015-12-31$82,610,775
Value of total assets at beginning of year2015-12-31$78,776,611
Total interest from all sources2015-12-31$34,743
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$2,108
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$9,100,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$4,068,546
Participant contributions at end of year2015-12-31$892,851
Participant contributions at beginning of year2015-12-31$855,219
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$2,021,360
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$13,628
Total non interest bearing cash at end of year2015-12-31$0
Total non interest bearing cash at beginning of year2015-12-31$17,228
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$3,921,542
Value of net assets at end of year (total assets less liabilities)2015-12-31$82,610,775
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$78,689,233
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$59,120,847
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$57,183,324
Interest on participant loans2015-12-31$34,743
Value of interest in common/collective trusts at end of year2015-12-31$22,460,265
Value of interest in common/collective trusts at beginning of year2015-12-31$20,517,528
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$2,653,983
Net investment gain or loss from common/collective trusts2015-12-31$10,913
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$1,867,020
Income. Dividends from common stock2015-12-31$2,108
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$4,334,604
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$136,812
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$203,312
Liabilities. Value of benefit claims payable at end of year2015-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$73,750
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2015-12-31450310328
2014 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$87,378
Total income from all sources (including contributions)2014-12-31$11,794,769
Total of all expenses incurred2014-12-31$3,641,659
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$3,641,659
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$6,814,424
Value of total assets at end of year2014-12-31$78,776,611
Value of total assets at beginning of year2014-12-31$70,536,123
Total interest from all sources2014-12-31$29,347
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$1,279
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$9,100,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$3,433,971
Participant contributions at end of year2014-12-31$855,219
Participant contributions at beginning of year2014-12-31$672,595
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$1,776,808
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$13,628
Total non interest bearing cash at end of year2014-12-31$17,228
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$8,153,110
Value of net assets at end of year (total assets less liabilities)2014-12-31$78,689,233
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$70,536,123
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$57,183,324
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$50,740,041
Interest on participant loans2014-12-31$29,347
Value of interest in common/collective trusts at end of year2014-12-31$20,517,528
Value of interest in common/collective trusts at beginning of year2014-12-31$19,046,107
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$4,011,512
Net investment gain or loss from common/collective trusts2014-12-31$938,207
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$1,603,645
Income. Dividends from common stock2014-12-31$1,279
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$3,641,659
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$203,312
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$77,380
Liabilities. Value of benefit claims payable at end of year2014-12-31$73,750
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2014-12-31450310328
2013 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2013 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$2,687
Total income from all sources (including contributions)2013-12-31$15,817,237
Total of all expenses incurred2013-12-31$4,117,140
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$4,117,140
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$5,830,588
Value of total assets at end of year2013-12-31$70,536,123
Value of total assets at beginning of year2013-12-31$58,838,713
Total interest from all sources2013-12-31$28,419
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$747
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$9,100,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$3,257,978
Participant contributions at end of year2013-12-31$672,595
Participant contributions at beginning of year2013-12-31$635,768
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$1,029,777
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$11,700,097
Value of net assets at end of year (total assets less liabilities)2013-12-31$70,536,123
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$58,836,026
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$50,740,041
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$26,118,201
Interest on participant loans2013-12-31$28,419
Value of interest in common/collective trusts at end of year2013-12-31$19,046,107
Value of interest in common/collective trusts at beginning of year2013-12-31$32,077,105
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$7,145,016
Net investment gain or loss from common/collective trusts2013-12-31$2,812,467
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,542,833
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$7,639
Income. Dividends from common stock2013-12-31$747
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$4,117,140
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$77,380
Liabilities. Value of benefit claims payable at end of year2013-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$2,687
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2013-12-31450310328
2012 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$2,687
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$138,462
Total income from all sources (including contributions)2012-12-31$11,533,830
Total of all expenses incurred2012-12-31$2,420,303
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,420,303
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$5,736,177
Value of total assets at end of year2012-12-31$58,838,713
Value of total assets at beginning of year2012-12-31$49,860,961
Total interest from all sources2012-12-31$26,691
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$9,100,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$2,991,656
Participant contributions at end of year2012-12-31$635,768
Participant contributions at beginning of year2012-12-31$649,389
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$64,246
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$1,290,038
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$104,470
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$9,113,527
Value of net assets at end of year (total assets less liabilities)2012-12-31$58,836,026
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$49,722,499
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$26,118,201
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$19,316,868
Interest on participant loans2012-12-31$26,691
Value of interest in common/collective trusts at end of year2012-12-31$32,077,105
Value of interest in common/collective trusts at beginning of year2012-12-31$29,773,178
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$56,876
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$56,876
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$-2,280,976
Net investment gain or loss from common/collective trusts2012-12-31$8,051,938
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,454,483
Employer contributions (assets) at end of year2012-12-31$7,639
Employer contributions (assets) at beginning of year2012-12-31$404
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,420,303
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Liabilities. Value of benefit claims payable at end of year2012-12-31$2,687
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$33,992
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2012-12-31450310328
2011 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$138,462
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$126,196
Total income from all sources (including contributions)2011-12-31$2,631,333
Total of all expenses incurred2011-12-31$3,837,769
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$3,837,769
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,985,519
Value of total assets at end of year2011-12-31$49,860,961
Value of total assets at beginning of year2011-12-31$51,055,131
Total interest from all sources2011-12-31$26,113
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$9,100,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$2,531,870
Participant contributions at end of year2011-12-31$649,389
Participant contributions at beginning of year2011-12-31$512,162
Participant contributions at end of year2011-12-31$64,246
Participant contributions at beginning of year2011-12-31$53,488
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$412,119
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$104,470
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$122,162
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-1,206,436
Value of net assets at end of year (total assets less liabilities)2011-12-31$49,722,499
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$50,928,935
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$19,316,868
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$19,992,036
Value of interest in common/collective trusts at end of year2011-12-31$29,773,178
Value of interest in common/collective trusts at beginning of year2011-12-31$30,436,480
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$56,876
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$28,482
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$28,482
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$26,113
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$3,493,887
Net investment gain or loss from common/collective trusts2011-12-31$-3,874,186
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$41,530
Employer contributions (assets) at end of year2011-12-31$404
Employer contributions (assets) at beginning of year2011-12-31$32,483
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$3,837,769
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Liabilities. Value of benefit claims payable at end of year2011-12-31$33,992
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$4,034
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2011-12-31450310328
2010 : ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$126,196
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$127,801
Total income from all sources (including contributions)2010-12-31$10,751,440
Total of all expenses incurred2010-12-31$2,246,746
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,246,746
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$5,276,562
Value of total assets at end of year2010-12-31$51,055,131
Value of total assets at beginning of year2010-12-31$42,552,042
Total interest from all sources2010-12-31$22,038
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$2,450,490
Participant contributions at end of year2010-12-31$512,162
Participant contributions at beginning of year2010-12-31$357,857
Participant contributions at end of year2010-12-31$53,488
Participant contributions at beginning of year2010-12-31$55,326
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$1,556,906
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$122,162
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$127,801
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$8,504,694
Value of net assets at end of year (total assets less liabilities)2010-12-31$50,928,935
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$42,424,241
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$19,992,036
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$14,409,207
Value of interest in common/collective trusts at end of year2010-12-31$30,436,480
Value of interest in common/collective trusts at beginning of year2010-12-31$27,667,429
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$28,482
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$32,465
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$32,465
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$22,038
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,203,319
Net investment gain or loss from common/collective trusts2010-12-31$3,249,521
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,269,166
Employer contributions (assets) at end of year2010-12-31$32,483
Employer contributions (assets) at beginning of year2010-12-31$29,758
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,246,746
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Liabilities. Value of benefit claims payable at end of year2010-12-31$4,034
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31BRADY MARTZ & ASSOCIATES, P.C.
Accountancy firm EIN2010-12-31450310328

Form 5500 Responses for ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN

2022: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: ALERUS FINANCIAL CORPORATION SAFE HARBOR 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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