ALERUS CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ALERUS FINANCIAL MANAGED STRATEGIES FUND
| Measure | Date | Value |
|---|
| 2022 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-146,906 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-146,906 |
| Total transfer of assets to this plan | 2022-12-31 | $1,444,946 |
| Total transfer of assets from this plan | 2022-12-31 | $776,228 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $6,492 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $555,319 |
| Total income from all sources (including contributions) | 2022-12-31 | $-439,804 |
| Total loss/gain on sale of assets | 2022-12-31 | $-414,741 |
| Total of all expenses incurred | 2022-12-31 | $14,636 |
| Value of total assets at end of year | 2022-12-31 | $3,249,410 |
| Value of total assets at beginning of year | 2022-12-31 | $3,583,959 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $14,636 |
| Total interest from all sources | 2022-12-31 | $2,922 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $118,921 |
| Administrative expenses professional fees incurred | 2022-12-31 | $14,636 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2022-12-31 | $144,855 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2022-12-31 | $52,374 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $14,005 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $551,669 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $557 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $549,266 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $5,935 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $6,053 |
| Value of net income/loss | 2022-12-31 | $-454,440 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,242,918 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,028,640 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,671,135 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,395,335 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $2,922 |
| Asset value of US Government securities at end of year | 2022-12-31 | $278,512 |
| Asset value of US Government securities at beginning of year | 2022-12-31 | $62,506 |
| Income. Dividends from common stock | 2022-12-31 | $118,921 |
| Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $39,925 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $1,100,978 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $522,075 |
| Aggregate proceeds on sale of assets | 2022-12-31 | $6,233,065 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $6,647,806 |
| 2021 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $-44,128 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $-44,128 |
| Total transfer of assets to this plan | 2021-12-31 | $591,801 |
| Total transfer of assets from this plan | 2021-12-31 | $483,957 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $555,319 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $25,480 |
| Total income from all sources (including contributions) | 2021-12-31 | $311,295 |
| Total loss/gain on sale of assets | 2021-12-31 | $282,983 |
| Total of all expenses incurred | 2021-12-31 | $14,687 |
| Value of total assets at end of year | 2021-12-31 | $3,583,959 |
| Value of total assets at beginning of year | 2021-12-31 | $2,649,668 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $14,687 |
| Total interest from all sources | 2021-12-31 | $17 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $72,423 |
| Administrative expenses professional fees incurred | 2021-12-31 | $14,687 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2021-12-31 | $52,374 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2021-12-31 | $151,251 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $551,669 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $5,354 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $549,266 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $18,958 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $6,053 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $6,522 |
| Value of net income/loss | 2021-12-31 | $296,608 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,028,640 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,624,188 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,395,335 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,768,096 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $17 |
| Asset value of US Government securities at end of year | 2021-12-31 | $62,506 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $122,063 |
| Income. Dividends from common stock | 2021-12-31 | $72,423 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $522,075 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $602,904 |
| Aggregate proceeds on sale of assets | 2021-12-31 | $2,608,739 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $2,325,756 |
| 2020 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $47,003 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $47,003 |
| Total transfer of assets to this plan | 2020-12-31 | $1,044,565 |
| Total transfer of assets from this plan | 2020-12-31 | $1,243,917 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $25,480 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $25,300 |
| Total income from all sources (including contributions) | 2020-12-31 | $117,111 |
| Total loss/gain on sale of assets | 2020-12-31 | $-7,247 |
| Total of all expenses incurred | 2020-12-31 | $6,583 |
| Value of total assets at end of year | 2020-12-31 | $2,649,668 |
| Value of total assets at beginning of year | 2020-12-31 | $2,738,312 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $6,583 |
| Total interest from all sources | 2020-12-31 | $945 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $76,410 |
| Administrative expenses professional fees incurred | 2020-12-31 | $6,583 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2020-12-31 | $151,251 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2020-12-31 | $297,868 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $5,354 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $5,154 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $18,958 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $18,717 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $6,522 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $6,583 |
| Value of net income/loss | 2020-12-31 | $110,528 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,624,188 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,713,012 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,768,096 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,685,717 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $945 |
| Asset value of US Government securities at end of year | 2020-12-31 | $122,063 |
| Asset value of US Government securities at beginning of year | 2020-12-31 | $194,853 |
| Income. Dividends from common stock | 2020-12-31 | $76,410 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $602,904 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $554,720 |
| Aggregate proceeds on sale of assets | 2020-12-31 | $2,954,544 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $2,961,791 |
| 2019 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $298,107 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $298,107 |
| Total transfer of assets to this plan | 2019-12-31 | $631,308 |
| Total transfer of assets from this plan | 2019-12-31 | $863,218 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $25,300 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $10,887,158 |
| Total income from all sources (including contributions) | 2019-12-31 | $431,313 |
| Total loss/gain on sale of assets | 2019-12-31 | $50,532 |
| Total of all expenses incurred | 2019-12-31 | $5,298 |
| Value of total assets at end of year | 2019-12-31 | $2,738,312 |
| Value of total assets at beginning of year | 2019-12-31 | $13,406,065 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $5,298 |
| Total interest from all sources | 2019-12-31 | $2,679 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $79,995 |
| Administrative expenses professional fees incurred | 2019-12-31 | $5,298 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2019-12-31 | $297,868 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2019-12-31 | $254,148 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $5,154 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $142,107 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $18,717 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $10,881,860 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $6,583 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $5,298 |
| Value of net income/loss | 2019-12-31 | $426,015 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,713,012 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $2,518,907 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,685,717 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,525,328 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $10,743,905 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $10,743,905 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $2,679 |
| Asset value of US Government securities at end of year | 2019-12-31 | $194,853 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $154,247 |
| Income. Dividends from common stock | 2019-12-31 | $79,995 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $554,720 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $586,330 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $1,530,108 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $1,479,576 |
| 2018 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-261,436 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-261,436 |
| Total transfer of assets to this plan | 2018-12-31 | $287,136 |
| Total transfer of assets from this plan | 2018-12-31 | $410,676 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $10,887,158 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $10,369,748 |
| Total income from all sources (including contributions) | 2018-12-31 | $-187,267 |
| Total loss/gain on sale of assets | 2018-12-31 | $-11,618 |
| Total of all expenses incurred | 2018-12-31 | $7,419 |
| Value of total assets at end of year | 2018-12-31 | $13,406,065 |
| Value of total assets at beginning of year | 2018-12-31 | $13,206,881 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $7,419 |
| Total interest from all sources | 2018-12-31 | $1,998 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $83,789 |
| Administrative expenses professional fees incurred | 2018-12-31 | $7,419 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2018-12-31 | $254,148 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2018-12-31 | $340,194 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $142,107 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $4,150 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $10,881,860 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $10,364,166 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $5,298 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $5,582 |
| Value of net income/loss | 2018-12-31 | $-194,686 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $2,518,907 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $2,837,133 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,525,328 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,520,395 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $10,743,905 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $10,665,949 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $10,665,949 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,998 |
| Asset value of US Government securities at end of year | 2018-12-31 | $154,247 |
| Income. Dividends from common stock | 2018-12-31 | $83,789 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $586,330 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $676,193 |
| Aggregate proceeds on sale of assets | 2018-12-31 | $928,751 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $940,369 |
| 2017 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $75,144 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $75,144 |
| Total transfer of assets to this plan | 2017-12-31 | $485,485 |
| Total transfer of assets from this plan | 2017-12-31 | $411,446 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $10,369,748 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $10,587,115 |
| Total income from all sources (including contributions) | 2017-12-31 | $282,567 |
| Total loss/gain on sale of assets | 2017-12-31 | $120,449 |
| Total of all expenses incurred | 2017-12-31 | $5,592 |
| Value of total assets at end of year | 2017-12-31 | $13,206,881 |
| Value of total assets at beginning of year | 2017-12-31 | $13,073,234 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $5,592 |
| Total interest from all sources | 2017-12-31 | $805 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $86,169 |
| Administrative expenses professional fees incurred | 2017-12-31 | $5,592 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2017-12-31 | $340,194 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2017-12-31 | $624,424 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $4,150 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $2,548 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $10,364,166 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $10,583,851 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $5,582 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $3,264 |
| Value of net income/loss | 2017-12-31 | $276,975 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $2,837,133 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $2,486,119 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $1,520,395 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $1,261,837 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $10,665,949 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $10,679,498 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $10,679,498 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $805 |
| Income. Dividends from common stock | 2017-12-31 | $86,169 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $676,193 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $504,927 |
| Aggregate proceeds on sale of assets | 2017-12-31 | $1,803,431 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $1,682,982 |
| 2016 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $-182,007 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $-182,007 |
| Total transfer of assets to this plan | 2016-12-31 | $318,519 |
| Total transfer of assets from this plan | 2016-12-31 | $8,719,721 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $10,587,115 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $10,475,878 |
| Total income from all sources (including contributions) | 2016-12-31 | $-118,903 |
| Total loss/gain on sale of assets | 2016-12-31 | $-38,104 |
| Total of all expenses incurred | 2016-12-31 | $2,458 |
| Value of total assets at end of year | 2016-12-31 | $13,073,234 |
| Value of total assets at beginning of year | 2016-12-31 | $21,484,560 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,458 |
| Total interest from all sources | 2016-12-31 | $694 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $100,514 |
| Administrative expenses professional fees incurred | 2016-12-31 | $2,458 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2016-12-31 | $624,424 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2016-12-31 | $2,450,707 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $2,548 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $18,164 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $10,583,851 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $10,472,622 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $3,264 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $3,256 |
| Value of net income/loss | 2016-12-31 | $-121,361 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $2,486,119 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $11,008,682 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $1,261,837 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $5,558,616 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $10,679,498 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $10,557,020 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $10,557,020 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $694 |
| Income. Dividends from common stock | 2016-12-31 | $100,514 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $504,927 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $2,900,053 |
| Aggregate proceeds on sale of assets | 2016-12-31 | $10,573,789 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $10,611,893 |
| 2015 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-481,335 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-481,335 |
| Total transfer of assets to this plan | 2015-12-31 | $611,777 |
| Total transfer of assets from this plan | 2015-12-31 | $1,252,598 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $10,475,878 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $10,093,925 |
| Total income from all sources (including contributions) | 2015-12-31 | $436,500 |
| Total loss/gain on sale of assets | 2015-12-31 | $531,613 |
| Total of all expenses incurred | 2015-12-31 | $9,957 |
| Value of total assets at end of year | 2015-12-31 | $21,484,560 |
| Value of total assets at beginning of year | 2015-12-31 | $21,316,885 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $9,957 |
| Total interest from all sources | 2015-12-31 | $126 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $386,096 |
| Administrative expenses professional fees incurred | 2015-12-31 | $9,957 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2015-12-31 | $2,450,707 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2015-12-31 | $2,362,924 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $18,164 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $17,182 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $10,472,622 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $10,093,599 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $3,256 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $326 |
| Value of net income/loss | 2015-12-31 | $426,543 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $11,008,682 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $11,222,960 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $5,558,616 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $5,214,205 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $10,557,020 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $10,337,092 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $10,337,092 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $126 |
| Income. Dividends from common stock | 2015-12-31 | $386,096 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $2,900,053 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $3,385,482 |
| Aggregate proceeds on sale of assets | 2015-12-31 | $6,307,105 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $5,775,492 |
| 2014 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $-267,724 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $-267,724 |
| Total transfer of assets to this plan | 2014-12-31 | $645,044 |
| Total transfer of assets from this plan | 2014-12-31 | $3,339,446 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $10,093,925 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $9,634,621 |
| Total income from all sources (including contributions) | 2014-12-31 | $967,048 |
| Total loss/gain on sale of assets | 2014-12-31 | $777,476 |
| Total of all expenses incurred | 2014-12-31 | $2,058 |
| Value of total assets at end of year | 2014-12-31 | $21,316,885 |
| Value of total assets at beginning of year | 2014-12-31 | $22,586,993 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $2,058 |
| Total interest from all sources | 2014-12-31 | $6,027 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $451,269 |
| Administrative expenses professional fees incurred | 2014-12-31 | $2,058 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2014-12-31 | $2,362,924 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2014-12-31 | $2,667,274 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $17,182 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $37,673 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $10,093,599 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $9,630,578 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $326 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $4,043 |
| Value of net income/loss | 2014-12-31 | $964,990 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $11,222,960 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $12,952,372 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $5,214,205 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $3,248,649 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $10,337,092 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $9,878,215 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $9,878,215 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $6,027 |
| Income. Dividends from common stock | 2014-12-31 | $451,269 |
| Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $400,172 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $3,385,482 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $6,355,010 |
| Aggregate proceeds on sale of assets | 2014-12-31 | $7,314,375 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $6,536,899 |
| 2013 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $307,702 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $307,702 |
| Total transfer of assets to this plan | 2013-12-31 | $3,378,434 |
| Total transfer of assets from this plan | 2013-12-31 | $25,943,807 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $9,634,621 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $8,485,762 |
| Total income from all sources (including contributions) | 2013-12-31 | $-519,314 |
| Total loss/gain on sale of assets | 2013-12-31 | $-363,066 |
| Total of all expenses incurred | 2013-12-31 | $6,035 |
| Value of total assets at end of year | 2013-12-31 | $22,586,993 |
| Value of total assets at beginning of year | 2013-12-31 | $44,528,856 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $6,035 |
| Total interest from all sources | 2013-12-31 | $262,841 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $739,311 |
| Administrative expenses professional fees incurred | 2013-12-31 | $6,035 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2013-12-31 | $2,667,274 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2013-12-31 | $4,528,226 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $37,673 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $741,716 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $9,630,578 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $8,482,036 |
| Liabilities. Value of operating payables at end of year | 2013-12-31 | $4,043 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $3,726 |
| Value of net income/loss | 2013-12-31 | $-525,349 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $12,952,372 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $36,043,094 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $3,248,649 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $12,824,931 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $9,878,215 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $10,151,494 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $10,151,494 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $262,841 |
| Asset value of US Government securities at end of year | 2013-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2013-12-31 | $7,301,485 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $-1,466,102 |
| Income. Dividends from common stock | 2013-12-31 | $739,311 |
| Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $400,172 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $2,919,801 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $6,355,010 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $6,061,203 |
| Aggregate proceeds on sale of assets | 2013-12-31 | $16,786,286 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $17,149,352 |
| 2012 : ALERUS FINANCIAL MANAGED STRATEGIES FUND 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $594,940 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $594,940 |
| Total transfer of assets to this plan | 2012-12-31 | $3,941,680 |
| Total transfer of assets from this plan | 2012-12-31 | $9,098,318 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $8,485,762 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $7,160,192 |
| Total income from all sources (including contributions) | 2012-12-31 | $2,014,851 |
| Total loss/gain on sale of assets | 2012-12-31 | $805,039 |
| Total of all expenses incurred | 2012-12-31 | $6,025 |
| Value of total assets at end of year | 2012-12-31 | $44,528,856 |
| Value of total assets at beginning of year | 2012-12-31 | $46,351,098 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $6,025 |
| Total interest from all sources | 2012-12-31 | $546,783 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $804,526 |
| Administrative expenses professional fees incurred | 2012-12-31 | $6,025 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2012-12-31 | $4,528,226 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2012-12-31 | $1,173,450 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $741,716 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $170,437 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $8,482,036 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $7,156,891 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $3,726 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $3,301 |
| Value of net income/loss | 2012-12-31 | $2,008,826 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $36,043,094 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $39,190,906 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $12,824,931 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $21,140,693 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $10,151,494 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $8,356,461 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $8,356,461 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $546,783 |
| Asset value of US Government securities at end of year | 2012-12-31 | $7,301,485 |
| Asset value of US Government securities at beginning of year | 2012-12-31 | $2,771,625 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $-736,437 |
| Income. Dividends from common stock | 2012-12-31 | $804,526 |
| Asset. Corporate debt instrument debt (other) at end of year | 2012-12-31 | $2,919,801 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2012-12-31 | $5,250,759 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $6,061,203 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $7,487,673 |
| Aggregate proceeds on sale of assets | 2012-12-31 | $10,174,890 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $9,369,851 |
