Alerus Financial — Form 5500 Schedule C service provider compensation
Reported service provider summary
According to public Form 5500 Schedule C data published through public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Alerus Financial is reported as a service provider on 38 loaded Form 5500 filing(s) across 37 plan sponsor(s) and 38 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $1,689,960 and reported indirect compensation totals $67,704.
Reported compensation summary
- Reported direct compensation
- $1,689,960
- Reported indirect compensation
- $67,704
- Total reported compensation
- $1,757,664
- Filings
- 38
- Plan sponsors
- 37
- Plans
- 38
- Latest filing year
- 2023
Figures are reported Schedule C service provider compensation as disclosed by plan sponsors. They are presented objectively and are not a statement about whether any compensation is high, low, or reasonable.
Top plan sponsors by reported compensation
| Sponsor | State | Plans | Reported compensation |
|---|---|---|---|
| Altru Health System | ND | 2 | $348,220 |
| Davis Memorial Hospital | WV | 1 | $119,601 |
| Nutramax Laboratories, Inc. | SC | 1 | $110,044 |
| Valley Senior Living | ND | 1 | $105,309 |
| Access Plans LLC | TX | 1 | $98,623 |
| Minnesota Twins, LLC | MN | 1 | $87,046 |
| Bergstrom Electric, Inc. | ND | 1 | $65,626 |
| Border States Industries, Inc. | ND | 1 | $60,000 |
| Penn A Kem LLC | TN | 1 | $57,481 |
| The Eye Center Of Central Pa, Llp | PA | 1 | $57,252 |
State footprint
Plans reporting Alerus Financial are sponsored in ND (11), MN (5), VA (3), FL (3), PA (3), SC (2), OH (1), TN (1), TX (1), WI (1), AZ (1), WV (1).
Plans reporting this provider
| Sponsor | Plan | Year | Direct comp. | Indirect comp. |
|---|---|---|---|---|
| Altru Health System | Altru Health System Retirement Savings Plan 401k | 2023 | $278,567 | not reported in the loaded dataset |
| Davis Memorial Hospital | Davis Health System 401(K) Profit Sharing Plan | 2023 | $119,601 | $0 |
| Nutramax Laboratories, Inc. | Nutramax Laboratories, Inc. 401(K) Profit Sharing Plan | 2023 | $69,069 | $40,975 |
| Valley Senior Living | Valley Senior Living Retirement Plan | 2023 | $105,309 | $0 |
| Access Plans LLC | The Access Pooled Employer Plan - Series 1 | 2023 | $98,623 | not reported in the loaded dataset |
| Minnesota Twins, LLC | Minnesota Twins Pension Plan | 2023 | $87,046 | not reported in the loaded dataset |
| Altru Health System | Altru Health System Cash Balance Plan | 2023 | $69,653 | not reported in the loaded dataset |
| Bergstrom Electric, Inc. | Bergstrom Electric, Inc. 401(K) Plan | 2023 | $65,626 | $0 |
| Border States Industries, Inc. | Border States Industries, Inc. Employee Stock Ownership Plan | 2023 | $60,000 | not reported in the loaded dataset |
| Penn A Kem LLC | Pennakem Employees' Savings Plan | 2023 | $57,481 | $0 |
| The Eye Center Of Central Pa, Llp | The Eye Center Of Central Pa, Llp 401k Profit Sharing Plan | 2023 | $57,252 | not reported in the loaded dataset |
| Rydell Auto Center, Inc. | Rydell 401(K) Plan | 2023 | $53,681 | not reported in the loaded dataset |
| Blue Ridge Bankshares, Inc. | Blue Ridge Bankshares, Inc. 401(K) Plan | 2023 | $52,156 | $0 |
| The Walman Optical Company | The Walman Optical Company 401(K) Plan | 2023 | $52,000 | not reported in the loaded dataset |
| Red Lake Gaming Enterprises, Inc. | Red Lake Gaming Enterprises, Inc Retirement Plan | 2023 | $48,570 | $0 |
| Brown, Edwards & Company, L.L.P. | Brown, Edwards & Company, L.L.P. 401k Profit Sharing Plan | 2023 | $42,942 | $0 |
| Adfinitas Management, LLC | Adfinitas Health 401(K) Retirement Plan | 2023 | $35,911 | not reported in the loaded dataset |
| Community Health Professionals | Community Health Professionals 403(B) Plan | 2023 | $32,734 | $0 |
| Northwood Deaconess Health Center | Northwood Deaconess Health Center 401 (K) Plan | 2023 | $30,955 | $0 |
| California Western School Of Law | California Western School Of Law Defined Contribution Retirement Plan | 2023 | $30,000 | not reported in the loaded dataset |
| North Dakota Grain Dealers Association Benefit Plan And Trust | North Dakota Grain Dealers Association Benefit Pla | 2023 | $27,900 | $0 |
| Luther Memorial Home | Luther Memorial Home 401k Plan | 2023 | $26,938 | $0 |
| D. L. George & Sons Construction Company | D. L. George & Sons 401(K) Plan | 2023 | $23,314 | not reported in the loaded dataset |
| Minnesota Nurses Association | Minnesota Nurses Association Pension Plan And Trust | 2023 | $22,836 | $0 |
| Acme Electric Motor, Inc | Acme Tools 401(K) Plan | 2023 | $22,423 | $0 |
| Teals Express Inc | Teals Express Inc 401k Profit Sharing Plan | 2023 | $22,374 | not reported in the loaded dataset |
| Foam Fabricators, Inc. | Altor Solutions 401(K) Plan | 2023 | $0 | $21,175 |
| Sunset Automotive Group | Sunset Automotive Group 401(K) Plan | 2023 | $20,534 | not reported in the loaded dataset |
| Jewish Family Service Of Tidewater, Inc. | Jewish Family Service 403b Tax Deferred Annuity Plan | 2023 | $13,598 | $0 |
| Life Management Center Of Northwest Florida, Inc. | Life Management Center Of Northwest Florida, Inc. Money Accumulation Pension Plan And Trust | 2023 | $12,200 | $0 |
| Fargo-Moorhead Home Builders Health Plan And Trust | Fm Home Builders Health Plan And Trust | 2023 | $10,000 | not reported in the loaded dataset |
| Ellsworth Cooperative Creamery | Ellsworth Cooperative Creamery Retirement Savings Plan | 2023 | $9,410 | not reported in the loaded dataset |
| Daniel Island Golf Club, LLC. | Daniel Island Golf Club 401(K) Profit Sharing Plan | 2023 | $8,769 | not reported in the loaded dataset |
| Sound Health Services, P.C. | Sound Health 401(K) Plan | 2023 | $7,631 | not reported in the loaded dataset |
| Pve, LLC | Pve, LLC 401k Plan | 2023 | $6,728 | $0 |
| Donor Alliance, Inc. | Donor Alliance, Inc. , 401k Plan And Trust | 2023 | $0 | $5,554 |
| Radio Training Network, Inc. | Radio Training Network, Inc. 401(K) Plan | 2023 | $5,461 | not reported in the loaded dataset |
| Alula, LLC | Alula 401(K) Plan | 2023 | $2,668 | not reported in the loaded dataset |
Related Form 5500 pages
- Altru Health System Retirement Savings Plan 401k (plan 003)
- Altru Health System — all reported plans
- Davis Health System 401(K) Profit Sharing Plan (plan 002)
- Davis Memorial Hospital — all reported plans
- Nutramax Laboratories, Inc. 401(K) Profit Sharing Plan (plan 001)
- Nutramax Laboratories, Inc. — all reported plans
- Valley Senior Living Retirement Plan (plan 002)
- Valley Senior Living — all reported plans
- The Access Pooled Employer Plan - Series 1 (plan 333)
- Access Plans LLC — all reported plans
- Minnesota Twins Pension Plan (plan 002)
- Minnesota Twins, LLC — all reported plans
- Altru Health System Cash Balance Plan (plan 001)
- Bergstrom Electric, Inc. 401(K) Plan (plan 001)
- Bergstrom Electric, Inc. — all reported plans
- Border States Industries, Inc. Employee Stock Ownership Plan (plan 002)
- Border States Industries, Inc. — all reported plans
- Pennakem Employees' Savings Plan (plan 001)
- Penn A Kem LLC — all reported plans
- The Eye Center Of Central Pa, Llp 401k Profit Sharing Plan (plan 001)
- The Eye Center Of Central Pa, Llp — all reported plans
- Rydell 401(K) Plan (plan 001)
- Rydell Auto Center, Inc. — all reported plans
- Blue Ridge Bankshares, Inc. 401(K) Plan (plan 004)
- Blue Ridge Bankshares, Inc. — all reported plans
- The Walman Optical Company 401(K) Plan (plan 002)
- The Walman Optical Company — all reported plans
- Red Lake Gaming Enterprises, Inc Retirement Plan (plan 001)
- Red Lake Gaming Enterprises, Inc. — all reported plans
- Brown, Edwards & Company, L.L.P. 401k Profit Sharing Plan (plan 001)
- Brown, Edwards & Company, L.L.P. — all reported plans
- Adfinitas Health 401(K) Retirement Plan (plan 001)
- Adfinitas Management, LLC — all reported plans
- Community Health Professionals 403(B) Plan (plan 001)
- Community Health Professionals — all reported plans
- Northwood Deaconess Health Center 401 (K) Plan (plan 002)
- Northwood Deaconess Health Center — all reported plans
- California Western School Of Law Defined Contribution Retirement Plan (plan 001)
- California Western School Of Law — all reported plans
- North Dakota Grain Dealers Association Benefit Pla (plan 501)
- North Dakota Grain Dealers Association Benefit Plan And Trust — all reported plans
- Luther Memorial Home 401k Plan (plan 002)
- Luther Memorial Home — all reported plans
- D. L. George & Sons 401(K) Plan (plan 002)
- D. L. George & Sons Construction Company — all reported plans
- Minnesota Nurses Association Pension Plan And Trust (plan 001)
- Minnesota Nurses Association — all reported plans
- Acme Tools 401(K) Plan (plan 001)
- Acme Electric Motor, Inc — all reported plans
- Form 5500 Schedule C explained
- Methodology
- Data sources