# Allied Benefit Systems, LLC 401(k) Plan
Source: https://planprovider.pro/companies/allied-benefit-systems-llc-401k-plan

> Allied Benefit Systems, LLC's 401(k) plan: 809 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/morgan-stanley) — PLAN SPONSOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — 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|

## Similar Plans

- [The Chartis Group, LLC](https://planprovider.pro/companies/the-chartis-group-llc-plan-001) — 947 participants

- [Trustmark Health Benefits, INC.](https://planprovider.pro/companies/trustmark-health-benefits-inc-401k-plan) — 977 participants

- [Old Republic International Corp](https://planprovider.pro/companies/old-republic-international-corp-plan-001) — 565 participants

- [Body Shop Bids D/B/A Snapsheet](https://planprovider.pro/companies/body-shop-bids-d-b-a-snapsheet-401k-plan) — 529 participants

- [Peak6 Insurtech Services LLC](https://planprovider.pro/companies/peak6-investments-llc-401k-plan-001-8383) — 402 participants

- [Multiplan, INC.](https://planprovider.pro/companies/multiplan-inc-401k-plan) — 2,790 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/allied-benefit-systems-llc-401k-plan)

© 2026 PlanProvider.Pro