401(k) · DOL Form 5500 · 2024

Alera Group, Inc. 401(k) Plan

Data updated 2026-08-11

$500M
Total assets
4,588
Participants
97th
Percentile by assets
$108,916
Avg per participant
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Official DOL plan name: Alera Group, Inc. Savings Plan · Sponsored by Alera Group, Inc. · Illinois · Finance & Insurance

$500M in assets, 4,588 participants

Alera Group, Inc.'s Alera Group, Inc. Savings Plan reported $500M in total assets and 4,588 participants in its 2024 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 123,622 plans)
  • #8,122 in Finance & Insurance (8,549 peers)

Coverage in Illinois

Alera Group, Inc. Savings Plan covers 4,588 participants in Illinois, 5.9x the typical Illinois plan (state average ~779 per filing). Assets: $500M.

$500M
total plan assets (2024 EOY)
4,588
covered participants
97th
percentile by assets (of 123,622 plans)
$108,916
avg assets per participant

Where Alera Group, Inc. Savings Plan sits by total assets

Alera Group, Inc. Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$499,707,443 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Alera Group, Inc. Savings Plan reported net income fell from $109M in the plan year 2023 filing to $85M in the plan year 2024 filing.
  • Alera Group, Inc. Savings Plan end-of-year assets rose from $414M in the plan year 2023 filing to $500M in the plan year 2024 filing.
  • Alera Group, Inc. Savings Plan reported participants rose from 4,292 in the plan year 2023 filing to 4,588 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Alera Group, Inc. Savings Plan reports 4,588 participants - 5.9x that state average ($500M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$414M
Net Assets (End of Year)$500M
Net Income$85M
Employer EIN814473358
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alera Group, Inc.)

$200M$300M$400M$500M$600M 202220232024 $305M $500M ▲ +63.7%
Total plan assets by year, all Alera Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,966 $305M
2023 1 4,292 $414M
2024 1 4,588 $500M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Alera Group, Inc. Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Alera Group, Inc. Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Alera Group, Inc. Sa…Accenture United Sta…State Farm 401(k) Sa…United Airlines Pilo…Abbott Laboratories …Walgreens Retirement…
Alera Group, Inc. Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Alera Group, Inc. Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Alera Group, Inc. Savings Plan assets move in 2024?
Alera Group, Inc. Savings Plan grew sharply - up 20.6% during 2024, from $414M to $500M. Reported net income was $85M.
How have Alera Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alera Group, Inc.'s sponsor-wide assets grew 63.7%, from $305M to $500M.
Where does Alera Group, Inc. Savings Plan rank by assets among Form 5500 filers?
Alera Group, Inc. Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Alera Group, Inc. Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sempra Savings Plan in CA ($500M, 987 participants).

Next read for Alera Group, Inc. Savings Plan

Filing takeaways

Ways to act on Alera Group, Inc. Savings Plan's numbers.