Filings through .
2 of 18 flags tripped on the 2025 filing.
Low returns
Annual investment return is in the bottom quintile of the peer cohort.
Few collective trusts
1% of fund dollars in collective trusts, which often cost less than the same strategy as a mutual fund.
This section compares the plan with plans of the same size, type and industry, and shows how it moved year over year.
We rank each metric against plans of the same size, type and industry.
Peer percentiles for 6 metrics are on Pro. Pro is free for 7 days and then costs $49 a month.
Showing the 2025 filing, 1 of 10 years on record. Charts need 3 years.
Older filings: assets, participants, contributions and return for each year are on Pro.
9 more years of history are on Pro. Pro is free for 7 days and then costs $49 a month.
$37K in admin expenses, $230 per participant (all participants, line 6f).
This section lists the funds on the plan's investment schedule and what changed since the prior filing.
17 funds hold $23.6M of the plan's $23.7M. Recordkeeper: Alerus Financial.
Target-date series: Vanguard Target Retirement, mutual fund, 37% of fund dollars
| Fund | Dollars | % of funds% |
|---|---|---|
| Vanguard Target Retirement Vanguard · Mutual fund Target-date, 11 vintages | $8.8M | 37.2% |
| Fidelity 500 Index Fund Fidelity (FMR) · Mutual fund Index | $2.8M | 12.0% |
| Fidelity Advisor Equity Growth Fund Fidelity (FMR) · Mutual fund | $2.5M | 10.6% |
| Vanguard Mid-Cap Index Fund Investor Shares Vanguard · Mutual fund Index | $1.8M | 7.7% |
| American A Balanced Fund Manager not matched · Mutual fund | $1.5M | 6.2% |
| Vanguard Explorer Fund Investor Shares Vanguard · Mutual fund | $1.3M | 5.6% |
| Wells Fargo Bk Declaration Trust Stable Value C Mutual Fund Allspring · Insurance contract | $1.1M | 4.8% |
| Vanguard Equity Income Fund Investor Shares Vanguard · Mutual fund | $1.1M | 4.7% |
| Vanguard Total Bond Market Index Fund Investor Shares Vanguard · Mutual fund Index | $731K | 3.1% |
| Dodge & Cox Income Fund Dodge & Cox · Mutual fund | $550K | 2.3% |
| Fund | Manager | Vehicle | Dollars | % of funds |
|---|---|---|---|---|
| Name available on Pro | Dollar amount available on Pro | Percentage available on Pro | ||
| Name available on Pro | Dollar amount available on Pro | Percentage available on Pro | ||
| Name available on Pro | Dollar amount available on Pro | Percentage available on Pro |
7 more funds in this lineup: name, manager, vehicle, dollars and share are on Pro.
Added 2 funds, dropped 2 funds. Moved 1 fund from collective trust to mutual fund. Changed share class on 5 funds.
| Fund | Year-end value |
|---|---|
| Collective trust to mutual fundAlerus Financial, N.A. to Vanguard Mid-Cap Index Fund Investor Shares | $1.5M to $1.8M |
| Share class changeAmerican A Balanced American Balanced R6 to American A Balanced Fund | $1.2M to $1.5M |
| Share class changeVanguard Explorer Fund Admiral Shares to Vanguard Explorer Fund Investor Shares | $1.2M to $1.3M |
Stable value and insurance contract lines, renames and class changes are not counted. Left out here: 2 stable value or insurance lines, 2 renames.
Changes of at least $250K and 0.1% of the plan between the 2024 and 2025 filings. Values are year-end holdings. They do not show money moved.
7 more lines and 7 more changes in this lineup are on Pro. Pro is free for 7 days and then costs $49 a month.
Covers 71,410 large plans that list their funds in their annual filing. Updated Nov 6, 2026. Shares describe these plans, not the whole market.
This section shows who is paid to serve the plan, who audits it and who signs the filing.
Top 2 by compensation.
| Provider | Compensation |
|---|---|
ALERUS FINANCIAL, N.A.3 years Filed as: ALERUS INVESTMENT ADVISORS, INC. Service code 26 · EIN 42-1378382 Advisory (Participants) | $32,046 |
ALERUS FINANCIAL, N.A.5 years Service code 15 · EIN 45-6062081 Recordkeeping | $5,255 |
The auditor signed off without reservation. This is the cleanest opinion.
Plan features from the filing, actuarial disclosures and related pages.
7 feature codes on the 2025 filing.
2 contacts
11 filings · 2015 to 2025