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ESOP Professionals Meeting ERISA's High Standards While Providing Hands-On, Practical Solutions

Employee Stock Ownership Plans

Employee stock ownership plans (ESOPs) are a popular way for private companies to share the benefits of ownership with employees. ESOPs have significant advantages for companies and their employees, but  with these retirement benefits come significant and complicated oversight of fiduciary duties, administrative tasks, and government regulation. To help your employee-owned company succeed, Alerus provides a broad array of fiduciary and administrative services delivered by a season team focused on ESOPs and their related transactions.

Our experienced fiduciary professionals have completed a wide variety of transactions from the simplest ESOP stock purchase to complicated buy/sell structures. The combination of our technical knowledge and practical business proficiency helps us meet stringent regulatory requirements.

By focusing on our fiduciary responsibilities to ESOP participants, Alerus strives to become business partners with our clients. Our ongoing services include ERISA compliance monitoring, debt service accounting, trust reporting, repurchase obligation review and more.

Our ESOP plan administration team strives to provide accurate, timely, and proactive service. Broad and deep consulting expertise is available to address ESOP issues including design, benefit modeling, allocation scenarios, compliance testing, and repurchase obligations.

Ready to learn more?

An Alerus ESOP professional would be happy to discuss how we can help meet your goals. 

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612.963.2302

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Alerus Retirement and Benefits is a division of Alerus Financial, N.A. and does not provide tax or legal advice. Please consult with your tax or legal advisor to determine how this information may impact your own situation.

Investment products 1)Not FDIC insured 2)Not guaranteed by bank 3)May lose value.


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