Alliance Benefit Group Reaches $2 Billion in Assets
Alliance Benefit Group of Illinois (ABG) reached a corporate milestone in the first quarter of 2011, surpassing $2 billion in assets under administration.

PEORIA, IL, April 11, 2011 /24-7PressRelease/ -- Alliance Benefit Group of Illinois (ABG) reached a corporate milestone in the first quarter of 2011, surpassing $2 billion in assets under administration. As of March 31, the company reported over $2.1 billion of retirement plan assets for which it provides daily valuation recordkeeping and administration service.

Achieving the $2 billion asset mark has placed ABG in very select company among retirement plan administrators across the country. The Peoria based company is now in the top 1% (ranked by assets under administration) of retirement plan advisors in the USA (as reported by RIADatabase.com). A recent survey of member firms of the American Society of Pension Professionals and Actuaries, ASPPA, showed the company serves more than twice the average assets under administration among those firms who serve at least $500 million in assets.

John Blossom, CEO of ABG of Illinois, said that this is an achievement the organization has pursued for many years.

"This is a continuation of our overall business strategy." said Blossom. "As we have focused on providing exceptional service and cutting-edge retirement tools, we are seeing a marked increase in the assets in which our clients have entrusted us to administer. As one of the larger providers in the country, we have the real capability of handling plans of all types and sizes."

Reaching this level is also a reflection of the renewed focus that many employers are placing on retirement plan strategies.

"We are seeing more focus in recent years from progressive employers who truly care about the success of their employee's future retirements. These companies understand the value of assisting in these efforts as best they can. When you couple that with the improving business climate, we believe that we are well positioned to continue this growth."

Press Release Contact Information:

Michael Price
Alliance Benefit Group of IL
COO/CFO
456 Fulton Street, Suite 345
Peoria, IL
USA 61602
Voice: 309-671-4200
Fax: 309-671-9933
Website: Visit Our Website