# Alerus Finanical, N.A. 401(k) Plan
Source: https://planprovider.pro/companies/alerus-finanical-n-a-401k-plan

> Alerus Finanical, N.A.'s 401(k) plan: 40 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Alerus Finanical, N.A.

- **Sponsor EIN:** 450140105

- **Sponsor Address:** 2300 S. COLUMBIA, GRAND FORDS, ND, 58201

- **Plan Type:** 401(k)

- **Total Participants:** 40

- **Total Assets:** $1.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|40|$1.4M|$138,574|$340,512|

| 2023|33|$790,937|$99,731|$120,371|

## Similar Plans

- [Farmers Union Holding Company](https://planprovider.pro/companies/farmers-union-holding-company-plan) — 48 participants

- [Alerus Financial, N.A.](https://planprovider.pro/companies/alerus-financial-n-a-401k-plan) — 31 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/alerus-finanical-n-a-401k-plan)

© 2026 PlanProvider.Pro