Employee Benefits News | Alerus RB

Employee Benefits News

Monday, July 22, 2013
ABGNCS Hires Account Executive for HSA/FSA/HRA

Alliance Benefit Group North Central States, Inc. is pleased to announce a new addition to our HSA, FSA and HRA team; Terri Simonelic has been hired as an additional Account Executive supporting our expanding HSA/FSA/HRA services.

Monday, June 17, 2013
ABG ranks in the Top 10 DC Recordkeepers by PLANSPONSOR
Alliance Benefit Group has ranked in the Top 10 DC Recordkeepers by PlanSponsor's 2012 Annual Survey.  Along with top 401(k) recordkeepers, the top 403(b), 457, ESOP and Non-Qualified providers are listed along with those that have the most assets and participants per plan. 

Of the 12 categories, Alliance Benefit Group ranked #1 for "Net % Increase in Plans (2012 vs. 2011)" and #9 for "Total Profit-Sharing Assets." 

Click here to review all Top 10 DC Recordkeepers.

Thursday, May 9, 2013
ABG honored once again as one of the “Best Places to Work in Southeast Minnesota”
For the second consecutive year, Alliance Benefit Group has been honored as one of the “Best Places to Work” by Workforce Development, Inc. in the Mid-Size Employer category.  15 Southeast Minnesota companies - small to large - were recognized at an event held on April 25, 2013 in Rochester, MN.  There were only four other companies honored with Alliance Benefit Group in the Mid-Size Employer category.

Read the entire Albert Lea Tribune article here.

Tuesday, February 26, 2013

ABGNCS Hires Vice President of Sales & Marketing
Alliance Benefit Group North Central States, Inc. is pleased to announce a new addition to our leadership team; Wade Dykema has been hired as Vice President of Sales and Marketing.

Read the entire press release.

Monday, December 17, 2012
Save My 401(k)

With the retirement security of Americans already in question, Congress is about to consider dramatic contribution cuts to 401(k) and 403(b) plans as part of tax reform. Help protect America's retirement future; email your members of Congress through this national Save My 401(k) campaign.

Get involved by visiting www.savemy401k.com.

Tuesday, November 20, 2012
DOL Issues Relief for Victims of Hurricane Sandy

In wake of Hurricane Sandy, the Department of Labor has issued compliance guidance for employee benefit plans which offers relief for victims. This announcement details information about relief of certain verification procedures that may be required for loans and hardships. It also addresses late deposits, blackout notices, and information pertaining to filing benefit claims and COBRA elections.

Read the detailed DOL guidance here.

Friday, October 26, 2012
ABG Named Large Business of the Year

The Albert Lea-Freeborn County Chamber of Commerce named Alliance Benefit Group Large Business of the Year at their annual membership celebration held on Thursday, October 25, 2012. With a commitment to work site wellness, community involvement, and the ongoing contributions made to numerous organizations, Alliance Benefit Group and another local company were proud to share this top honor.

Read the entire Albert Lea Tribune article.

Friday, June 15, 2012
ABG ranks in the top 5 as largest third-party benefit administrators in MN

The Minneapolis/St. Paul Business Journal has recognized Alliance Benefit Group North Central States, Inc. as a leader in the benefits industry, ranking in the top 5 largest third party benefit administrators in Minnesota. Our own Steven W. Pulley, President, was also acknowledged as a "top Minnesota executive," leading a team of over 100 employees to provide recordkeeping and administrative services to more than 2,000 plans.

Read more from the Minneapolis/St. Paul Business Journal

Monday, May 07, 2012
ABG's Roger Jorgensen awarded the "John J. Symanitz Award" by MAHU.

On Thursday, May 3, 2012 at the annual Minnesota Association of Health Underwriters (MAHU) 2012 Sales Convention Gala, Alliance Benefit Group's Roger Jorgensen was the recipient of the distinguished "John J. Symanitz Award." This award was established in recognition and appreciation of John J. Symanitz, an outstanding lifetime member and founder of the MAHU. This award is presented annually at the MAHU Sales Congress and selected by a nominating committee made up of MAHU members.

Click here to read more about ABG's Roger Jorgensen and his tremendous honor.

Friday, April 27, 2012
ABG Submits Comment Letter to DOL Requesting Clarification of "Designated Investment Alternative"

Alliance Benefit Group has submitted a comment letter to the Department of Labor (DOL) asking for clarification of the term "Designated Investment Alternative." The new 404(a)(5) Disclosure Regulations defines information that must be provided to participants for each Designated Investment Alternative (DIA) in a retirement plan. Each asset allocation model, or portfolio, designed by an advisor for the plan, as a Designated Investment Alternative (DIA) is subject to the requirements.

Read the ABG Comment Letter here.

Thursday, April 26, 2012
ABG honored as one of the “Best Places to Work in Southeast Minnesota”

Alliance Benefit Group North Central States was honored as one of the “Best Places to Work in Southeast Minnesota” by Workforce Development, Inc. The award was presented at a banquet held in Rochester. Alliance Benefit Group is one of five employers in Southeast Minnesota recognized in the Mid-Size Employer category.

Read the KAAL TV coverage of the story here.

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