Our firm was founded in 1967. The firm's 70 employees
provide benefits administration to nearly 1000 companies.
From 1996 through 1999 our ownership was in the hands of a
NY Stock Exchange traded bank holding company. This gave us
the opportunity to hone our skills as a highly organized and
disciplined benefits administrator.
In 1999 we had the good fortune to become owned by our
employees. As a result, all members of our firm take pride
in our services as owners of the company.
Our objective is to provide our client plan sponsors
and participants with world class retirement plan service
and investment education. We measure our success in terms of
increased plan participation and contribution levels. We are
committed to providing the tools that will equip plan
participants for retirement with adequate retirement income.
We offer comprehensive services to meet our clients’ needs
for total benefit outsourcing. We provide consulting
actuarial services, administration and operational support
for defined benefit and defined contribution plans, both
qualified and non-qualified plans. Our daily valuation
recordkeeping service is SAS 70 audited by an independent
auditing firm for “certified quality”. We administer
Flexible Spending Accounts, Health Savings Accounts, and
other cafeteria benefit programs. Our “flex” plans offer
direct deposit, debit card payment, and check reimbursements
for benefit payments. Our payroll service bureau integrates
taxable compensation payments, benefit plan contributions,
and maintenance of the client human resources database into
single pass payroll processing.
Our staff is our most important asset. They are committed to
personal attention to each client’s needs for prompt,
thorough response to regular administration, reporting, and
compliance issues and other special needs.
The highly trained, capable administrators, consultants and
actuaries at Alliance Benefit Group of Illinois have earned
a variety of professional designations and offer clients
many years of experience in the field of employee benefits.
The professional accreditation and certifications
represented are:
Minimum training standards are established for all staff.
Ongoing continuing education is required and tracked during
their tenure with our firm. The knowledge and experience of
our consulting and administrative staff of 60 is enhanced
through active participation in professional associations
and regular input from the following national organizations
to which the firm belongs: