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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $54,674 |
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS INVESTMENT ADVIORS, INC. Service code 26 · EIN 42-1378382 | Advisory (Participants) | $7,095 |
21 funds hold $24.1M of the plan's $24.9M. From the 2025 filing. Recordkeeper: Alerus Financial.
Target-date series: American Funds Target Date, mutual fund, 23% of fund dollars
| Fund | Dollars | % of funds% |
|---|---|---|
| American Funds Target Date Capital Group · Mutual fund Target-date, 9 vintages | $5.6M | 23.2% |
| Fidelity 500 Index Fund Fidelity (FMR) · Mutual fund Index | $3.8M | 15.6% |
| American Mutual R6 Manager not matched · Mutual fund | $2.4M | 10.0% |
| Fidelity Advisor Equity Growth Fund Class Z Fidelity (FMR) · Mutual fund | $2.0M | 8.5% |
| Vanguard Global Equity Portfolio Fund 129 Vanguard · Mutual fund | $1.8M | 7.5% |
| American Balanced Fund R6 Capital Group · Mutual fund | $1.5M | 6.2% |
| U.S. Targeted Value Portfolio - Institutional Class Dimensional · Mutual fund | $1.1M | 4.4% |
| Vanguard Index Trust Mid-Cap Index Fund Admiral Vanguard · Collective trust Index | $960K | 4.0% |
| Alerus Mmkt For Participant Accounts Money market mutual fund Manager not matched · Money market | $667K | 2.8% |
| Fidelity Nasdaq Composite Index Fund Fidelity (FMR) · Mutual fund Index | $643K | 2.7% |
No lineup changes between the 2024 and 2025 filings.
Stable value and insurance contract lines, renames and class changes are not counted.
Changes of at least $250K and 0.1% of the plan between the 2024 and 2025 filings. Values are year-end holdings, not money moved.
Covers 71,097 large plans that list their funds in their annual filing. Updated Nov 3, 2026. Shares describe these plans, not the whole market.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.