Alerus Retirement and Benefits ranks among Top 25 recordkeepers in U.S.

Alerus Retirement and Benefits ranks among the Top 25 recordkeepers in the U.S. in terms of assets by plan type, participants by plan size, and plans by count, according to results of the 2024 PlanSponsor Recordkeeping Survey.

The survey results also ranked Alerus among the Top 10 providers in a number of areas within the recordkeeping business, including pooled employer plan assets and participants, governmental 457(b) plans, and NQDC plans (excluding 457s).

Survey participants reported on their U.S. defined contribution recordkeeping business as of December 31, 2023, and represent 99% of the overall 401(k) defined contribution market, according to the publication’s analysis.