How many benefit plans does Alerus Financial report on Form 5500?

Alerus Financial (EIN 45-0375407) reports 2 benefit plan(s) in the loaded Form 5500 dataset.

What is the EIN for Alerus Financial?

The Employer Identification Number (EIN) reported for Alerus Financial is 45-0375407.

What is the latest Form 5500 filing year for Alerus Financial?

The latest loaded Form 5500 filing year for Alerus Financial is 2023.

Alerus Financial — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Alerus Financial (EIN 45-0375407) is a plan sponsor located in Grand Forks, ND with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN: 45-0375407
Location: Grand Forks, ND
Loaded plans: 2
Latest filing year: 2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY): $199,573,420
Total reported liabilities (EOY): $502,288
Total reported net assets (EOY): $199,071,132

Contributions & income

Employer contributions: $4,670,635
Participant contributions: $6,384,922
Total income / additions: $41,337,026

Expenses & distributions

Benefits paid / distributions: $23,917,531
Total expenses: $24,132,010
Net increase / (decrease): $17,205,016

Coverage

Total reported participants: 2,004
Plans with financial statements: 2
Plans with provider compensation: 0

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

Largest loaded plans by reported assets

Alerus Financial plans by reported end-of-year assets
Plan	Plan #	Participants	Reported assets (EOY)	Year
Alerus Financial Corporation Safe Harbor 401k Plan	003	1,149	$170,141,037	2023
Alerus Financial Employee Stock Ownership Plan	001	855	$29,432,383	2023

Search all 2 loaded plans for this company →

Latest loaded filings

Most recent loaded Form 5500 filings for Alerus Financial
Year	Plan	Participants	Schedules	Filing
2023	Alerus Financial Employee Stock Ownership Plan	855	H	20240722102711NAL0009795633004
2023	Alerus Financial Corporation Safe Harbor 401k Plan	1,149	H	20240722104220NAL0017311792005