Plan Snapshot
- Plan Sponsor: The Art Institute Of Chicago
- Sponsor EIN: 362167725
- Sponsor Address: 111 S MICHIGAN AVENUE, CHICAGO, IL, 60603
- Plan Type: 403(b)
- Total Participants: 2,042
- Total Assets: $19.7M
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 | 2,042 | $19.7M | $0 | $137,620 |
| 2023 | 1,940 | $17.7M | $0 | $139,534 |
| 2022 | 1,855 | $15.4M | $0 | $145,563 |
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 |
|---|---|---|---|---|
| GRANT THORNTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,210 | $93 | — | — | — |
| 2023 | $1,941 | $7 | — | — | — |
| 2022 | $1,731 | — | — | — | — |