Help your employees invest in their futures.
Your employees are your most valuable asset. Providing them with the ability to save through a qualified retirement plan can help them feel more confident and prepared for retirement.
Our clients appreciate having a single-source provider for retirement planning and fiduciary services. Alerus is consistently recognized on a national level for retirement service and asset management.
- Defined contribution plans
Setting up your company or rolling your plan to Alerus is easy with our dedicated teams assigned to your onboarding and ongoing plan administration. We can accommodate your needs and provide a better plan experience for both you and your employees. Our plans utilize open architecture and provide the option to offer your employees a managed account program (MAP).
- Employee tools to support financial wellness
With MY ALERUS, employees have a personalized financial wellness hub that allows them to integrate all of their financial accounts. Assist your employees in the pursuit of financial fitness by providing them with a holistic wellness program and customized guidance. Alerus supports plan sponsors with materials and ideas to promote financial health topics like will include debt management, budgeting, investment guidance, college savings, and retirement planning.
- Employee stock ownership plans
An ESOP is a unique benefit designed to give your employees ownership – and a vested interest in the success – of your company. An ESOP can also offer tax advantages for the owners and a vehicle for transitioning ownership.While ESOPs offer significant advantages for companies and their employees, plan management can be complicated due to expanded fiduciary duties, administrative challenges, and government regulations. Alerus provides an experienced team of professionals to handle the complexities of your ESOP plan administration.