More Than 60 Years of Service
Since the beginning, we’ve been based in the Midwest with our headquarters in the West Des Moines, Iowa, area. Today, our company is a completely independent provider of employee plans for over 100 employers across the midwest.
ABC is governed by the cooperatives we serve.
Our nine-member board of directors represents the local cooperatives and regional organizations we serve. We are also governed by the laws and regulations of the Internal Revenue Service (IRS), the Department of Labor and the Pension Benefit Guaranty Corporation, as they cover the field of employee benefits.
ABC administers employee benefits at reasonable costs.
As a not-for-profit organization, ABC collects only enough administrative fees from the cooperatives we serve to cover the cost of plan administration. Thanks to this, along with economies of scale, our fees have remained at levels well below those of local, regional and national administrative firms.
ABC can help minimize your fiduciary responsibilities.
When ABC administers a plan, we are named in the plan document as the administrator. Principal is named as the trustee.