Alerus Financial
59
Plan:
10
70
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (59) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $149,800 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
Alerus Financial Corporation Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Total Plan Cost. Alerus Financial Corporation Employee Stock Ownership Plan currently has over 400 active participants and over $13.3M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 6001
Grand Forks, ND 58206-6001 |
| Industry | Software Publishers |
| Administrator | Eric Carlson |
| Net Plan Assets | $13,300,000 |
| Total Participants | 470 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Metastorm | 81.0 |
| OPNET Technologies | 80.2 |
| RealNetworks | 79.6 |
| Vital Images | 77.9 |
| Brightcove | 70.5 |
| Altair Engineering | 65.9 |
Comments