Plan Snapshot
- Plan Sponsor: Alera Group, INC.
- Sponsor EIN: 814473358
- Sponsor Address: 3 PARKWAY NORTH, DEERFIELD, IL, 600152567
- Plan Type: 401(k)
- Total Participants: 4,571
- Total Assets: $499.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,571 | $499.7M | $16.9M | $45.1M |
| 2023 | 4,566 | $414.3M | $15.2M | $40.1M |
| 2022 | 4,144 | $305.3M | $12.4M | $32.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,128,807 | $74,892 | $1,053,915 | — | — |
| 2023 | $436,637 | $74,920 | $361,717 | — | — |
| 2022 | $375,177 | $74,919 | $300,258 | — | — |