Plan Snapshot
- Plan Sponsor: Legal Aid Chicago
- Sponsor EIN: 362754650
- Sponsor Address: 120 SOUTH LASALLE STREET SUITE 900, CHICAGO, IL, 60603
- Plan Type: 403(b)
- Total Participants: 228
- Total Assets: $18.0M
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. |
|---|---|---|---|---|
| 2024 | 228 | $18.0M | $413,999 | $992,123 |
| 2023 | 238 | $15.8M | $308,376 | $909,275 |
| 2022 | 238 | $13.8M | $324,411 | $781,838 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $17,673 | — | $17,673 |
| ROTHSCHILD INVESTMENT CORPORATION | Investment Advisor | $12,500 | — | $12,500 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,332 | — | $5,332 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,505
- Estimated Expense Ratio: 0.198% 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 |
|---|---|---|---|---|---|
| 2024 | $35,593 | $17,832 | — | — | — |
| 2023 | $29,419 | $14,868 | — | — | — |
| 2022 | $28,462 | $82 | $28,380 | — | — |