ALERUS FINANCIAL has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ALERUS FINANCIAL DIVERSIFIED BOND FUND
| Measure | Date | Value |
|---|
| 2011 : ALERUS FINANCIAL DIVERSIFIED BOND FUND 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $1,136,357 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $1,136,357 |
| Total transfer of assets to this plan | 2011-12-31 | $13,079,063 |
| Total transfer of assets from this plan | 2011-12-31 | $29,423,680 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $114,244,669 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $108,312,004 |
| Total income from all sources (including contributions) | 2011-12-31 | $7,492,544 |
| Total loss/gain on sale of assets | 2011-12-31 | $-577,702 |
| Total of all expenses incurred | 2011-12-31 | $5,928 |
| Value of total assets at end of year | 2011-12-31 | $240,333,283 |
| Value of total assets at beginning of year | 2011-12-31 | $243,258,619 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $5,928 |
| Total interest from all sources | 2011-12-31 | $4,838,422 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $1,064,106 |
| Administrative expenses professional fees incurred | 2011-12-31 | $5,928 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2011-12-31 | $21,000 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2011-12-31 | $7,725 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $864,290 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $899,565 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $114,241,361 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $108,309,091 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $3,308 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $2,913 |
| Value of net income/loss | 2011-12-31 | $7,486,616 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $126,088,614 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $134,946,615 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $474,463 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $19,479,534 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $115,748,750 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $112,755,005 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $112,755,005 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $4,838,422 |
| Asset value of US Government securities at end of year | 2011-12-31 | $53,188,824 |
| Asset value of US Government securities at beginning of year | 2011-12-31 | $40,425,388 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $1,031,361 |
| Income. Dividends from common stock | 2011-12-31 | $1,064,106 |
| Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $70,035,956 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2011-12-31 | $69,691,402 |
| Aggregate proceeds on sale of assets | 2011-12-31 | $24,788,588 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $25,366,290 |
| 2010 : ALERUS FINANCIAL DIVERSIFIED BOND FUND 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $9,005,747 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $9,005,747 |
| Total transfer of assets to this plan | 2010-12-31 | $13,850,418 |
| Total transfer of assets from this plan | 2010-12-31 | $31,785,792 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $108,312,004 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $101,109,068 |
| Total income from all sources (including contributions) | 2010-12-31 | $14,843,015 |
| Total loss/gain on sale of assets | 2010-12-31 | $-1,221,351 |
| Total of all expenses incurred | 2010-12-31 | $5,523 |
| Value of total assets at end of year | 2010-12-31 | $243,258,619 |
| Value of total assets at beginning of year | 2010-12-31 | $239,153,565 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $5,523 |
| Total interest from all sources | 2010-12-31 | $5,860,240 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $1,159,640 |
| Administrative expenses professional fees incurred | 2010-12-31 | $5,523 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2010-12-31 | $7,725 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2010-12-31 | $15,300 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $899,565 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $1,087,965 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $108,309,091 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $101,106,244 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $2,913 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $2,824 |
| Value of net income/loss | 2010-12-31 | $14,837,492 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $134,946,615 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $138,044,497 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $19,479,534 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $15,293,326 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $112,755,005 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $103,428,000 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $103,428,000 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $5,860,240 |
| Asset value of US Government securities at end of year | 2010-12-31 | $40,425,388 |
| Asset value of US Government securities at beginning of year | 2010-12-31 | $35,268,083 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $38,739 |
| Income. Dividends from common stock | 2010-12-31 | $1,159,640 |
| Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $69,691,402 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $84,060,891 |
| Aggregate proceeds on sale of assets | 2010-12-31 | $29,953,642 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $31,174,993 |
