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WHY CHOOSE ALERUS RETIREMENT
SOLUTIONS?
Alerus offers a flexible product. Since the plan sponsor can choose from an open architecture menu, you are always in a position to compete favorably with respect to investment options. Combine that with customized pricing for each plan sponsor, and you have the ability to create the best product at the best price.
Alerus offer the following:
TPA connectivity: Alerus offers an administrative access web site (click admin access demo for review) enabling TPA’s to have daily access to the accounts. Alerus populates the admin. access site with the necessary administrative forms for each plan. Alerus also supplies testing data (typically in an excel format) needed for year end or mid stream testing.
Open architecture: Alerus offers a multi-fund family platform with no proprietary funds requirements. Click here for a listing of the fund families currently available.
Enrollment materials and participant communication: Alerus provides all enrollment materials. Alerus also offers participants daily access to both a participant website and a toll free voice response unit. Alerus provides quarterly statements and quarterly newsletters to participants.
Reporting: Alerus completes 1099R’s and sends them directly to the participants. |
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