Plan Snapshot
- Plan Sponsor: Illinois College Of Optometry
- Sponsor EIN: 362310478
- Sponsor Address: 3241 SOUTH MICHIGAN AVENUE, CHICAGO, IL, 60616
- Plan Type: 403(b)
- Plan Number: 006
- Total Participants: 477
- Total Assets: $118.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 477 | $118.2M | $0 | $0 |
| 2024 | 218 | $108.5M | $1.8M | $1.3M |
| 2023 | 224 | $99.6M | $1.8M | $1.3M |
| 2022 | 259 | $88.5M | $1.6M | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TIAA | Other Service Provider | $36,568 | — | $36,568 |
| MARQUETTE ASSOCIATES | Other Service Provider | $21,042 | — | $21,042 |
| PW PARTNERS LLC | Other Service Provider | $11,000 | — | $11,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,610
- Estimated Expense Ratio: 0.058% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $7,064,112 | $21,194 | $2,040 | $11,000 | — |
| 2024 | $32,524 | $11,547 | $7,712 | $11,000 | — |
| 2023 | $33,022 | $15,012 | — | $15,360 | — |
| 2022 | $25,821 | $15,000 | — | — | $8,190 |