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Balance Concentration

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Balance Concentration
A practice in which several companies use the same bank account. Balance concentration is intended to reduce the likelihood of an accidental overdraft from their separate accounts.


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BenefitStreet's 401(k)EarlyWarningSystem(TM) is a proven system used by employees and managers of 401(k) plans across the country to monitor investment balance concentrations.
The contracts represent a geographically diverse obligor base with California, the only state exceeding a 10% pool balance concentration.
The contracts represent a geographically diverse obligor base with California, the only state exceeding a 10% pool balance concentration.
 
 
 
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