Form 5500 · Employee benefit plan · GRAND FORKS, ND
ALERUS FINANCIAL
ALERUS FINANCIAL of GRAND FORKS, ND is a 844-participant finance and insurance employer whose group benefits are disclosed in its annual Form 5500 filing. Its broker of record is HOLMES, MURPHY & ASSOCS, LLC. Coverage is written through HARTFORD LIFE AND ACCIDENT. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 45-0140105 · plan 507 · as of Aug 2026
Plan brief
Schedule A lists 1 insured contract covering life and disability; the largest, with HARTFORD LIFE AND ACCIDENT, covers 827 people.
Reported premium across the insured contracts is $577,623, with $11,693 in disclosed broker commissions — about 2% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| HARTFORD LIFE AND ACCIDENT | Life, Disability | 827 | December | $577,623 | $11,693 |
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