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Company:
Altru Health System
Plan:
Altru Health System Retirement Savings Plan
 

Altru Health System

67 Plan:

 
 
67
1
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (67) and the top rated plan (79) could equate to:
[How is this calculated?]
6 additional years of work
Up to $45,000 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Altru Health System Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances and Total Plan Cost. Altru Health System Retirement Savings Plan currently has over 3,700 active participants and over $188.1M in plan assets.


 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Alerus Common Stock 24%
2. Alerus Diversified Bond 20%
3. Federated MDT All Cap Core 12%

 Retirement Plan Details

Address 1200 S Columbia Rd
Grand Forks, ND 58201 
Industry Health Care and Social Assistance
Administrator Dwight Thompson
Net Plan Assets $188,000,000
Total Participants 3,700
Avg Account Balance $64,000

  Plan Service Providers

Corporate Trustee Alerus Financial
Auditor Brady Martz & Associates, P.C.