Plan Snapshot
- Plan Sponsor: Allied Benefit Systems, LLC
- Sponsor EIN: 363086057
- Sponsor Address: 200 WEST ADAMS STREET SUITE 500, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Total Participants: 809
- Total Assets: $33.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 809 | $33.3M | $2.3M | $3.6M |
| 2023 | 626 | $25.9M | $1.8M | $2.8M |
| 2022 | 548 | $19.0M | $521,711 | $1.8M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | PLAN SPONSOR | $41,241 | — | $41,241 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $39,203 | — | $39,203 |
| CHERRY BEKAERT LLP | CONSULTANT | $36,520 | — | $36,520 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — PLAN SPONSOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,964
- Estimated Expense Ratio: 0.352% of plan assets
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 | $119,564 | $2,600 | — | $36,520 | — |
| 2023 | $65,623 | $13,135 | $31,193 | — | — |
| 2022 | $105,853 | $25,435 | $61,378 | — | $19,040 |