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Original filing (PDF)20250828112805NAL0010312177001
ALLIED BENEFIT SYSTEMS, LLC
Form 5500
FILING_RECEIVED
ALLIED BENEFIT SYSTEMS, LLC RETIREMENT SAVINGS PLAN
401(k) retirement plan
Active participants
809
Accounts w/ balance
787
Plan assets (EOY)
$33.3M
Net assets (EOY)
$33.3M
How this plan invests
This plan
1 pooled trust
Schedule D
31 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
95
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
100
Participation health
100
Knocking points off
- 35 bps in Schedule C fees — modestly above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ALLIED BENEFIT SYSTEMS, LLC.
Plan sponsor
Name
ALLIED BENEFIT SYSTEMS, LLC
EIN
36-3086057
Address
200 WEST ADAMS STREET SUITE 500 · CHICAGO, IL · 60606
Phone
(312) 261-9352
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-08-28
Pension benefit codes
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
2R · Participant-directed brokerage (SDBA)
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
CHERRY BEKAERT
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $39K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CHERRY BEKAERT LLP | 56-0574444 | — | CONSULTANT | $37K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | 20-8764829 | — | PLAN SPONSOR | $41K | — |
Investments
30 direct securities · 1 pooled fund· $33.3M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$33.2M
30 holdings
Common Collective Trust
$94K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Retirement 2040 Fund | — | — | — | $5.4M | 16.1% | |
| Vanguard Target Retirement 2045 Fund | — | — | — | $4.2M | 12.5% | |
| Fidelity 500 Index Fund | — | — | — | $3.9M | 11.6% | |
| Vanguard Target Retirement 2035 Fund | — | — | — | $3.5M | 10.6% | |
| Vanguard Target Retirement 2030 Fund | — | — | — | $3.1M | 9.4% | |
| Vanguard Target Retirement 2050 Fund | — | — | — | $2.5M | 7.4% | |
| Vanguard Target Retirement 2055 Fund | — | — | — | $2.3M | 6.9% | |
| Vanguard Target Retirement 2025 Fund | — | — | — | $1.6M | 4.9% | |
| Vanguard Target Retirement 2060 Fund | — | — | — | $999K | 3.0% | |
| Vanguard Target Retirement Income Fund | — | — | — | $727K | 2.2% | |
| Fidelity International Index Fund | — | — | — | $568K | 1.7% | |
| Notes receivable Maturity dates through November 2029; from participants interest rates ranging from 3.25% to 9.50% | — | — | — | $567K | 1.7% | |
| MFS Massachusetts Investors Growth Stock Fund - Class R6 | — | — | — | $556K | 1.7% | |
| Fidelity Mid Cap Index Fund | — | — | — | $430K | 1.3% | |
| Fidelity U.S. Bond Index Fund | — | — | — | $357K | 1.1% | |
| Vanguard Target Retirement 2020 Fund | — | — | — | $320K | 1.0% | |
| American Funds New Perspective Fund ‐ Class R‐6 | — | — | — | $267K | 0.8% | |
| Vanguard Target Retirement 2065 Fund | — | — | — | $265K | 0.8% | |
| Fidelity BrokerageLink | — | — | — | $224K | 0.7% | |
| Vanguard Mid‐Cap Value Index Fund ‐ Admiral Shares | — | — | — | $205K | 0.6% | |
| Vanguard Explorer Fund ‐ Admiral Shares | — | — | — | $204K | 0.6% | |
| American Funds American Balanced Fund - Class R-6 | — | — | — | $198K | 0.6% | |
| American Funds American Mutual Fund - Class R-6 | — | — | — | $187K | 0.6% | |
| Fidelity Small Cap Index Fund | — | — | — | $184K | 0.6% | |
| Janus Henderson Enterprise Fund ‐ Class I | — | — | — | $165K | 0.5% | |
| PIMCO Income Fund - Institutional Class | — | — | — | $164K | 0.5% | |
| Dimensional Fund Advisors U.S. Targeted Value Portfolio ‐ Institutional Class | — | — | — | $112K | 0.3% | |
| MELLON STABLE VAL M THE BANK OF NEW YORK MELLON · EIN 11-3152987 / PN 000 | Common Collective Trust | — | — | $94K | 0.3% | |
| Fidelity Government Money Market Fund - Class K6 | — | — | — | $12K | <0.1% | |
| American Funds Capital Income Builder Fund - Class R-6 | — | — | — | $6K | <0.1% | |
| Vanguard Target Retirement 2070 Fund | — | — | — | $5K | <0.1% |
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