Plan Snapshot
- Plan Sponsor: The Art Institute Of Chicago
- Sponsor EIN: 362167725
- Sponsor Address: C/O HUMAN RESOURCES - BENEFITS, CHICAGO, IL, 60603
- Plan Type: DB
- Total Participants: 164
- Total Assets: $123.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 164 | $123.9M | $2.0M | $0 |
| 2023 | 170 | $122.4M | $2.0M | $0 |
| 2022 | 187 | $117.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NONE | $336,057 | — | $336,057 |
| BANK OF AMERICA | NONE | $190,854 | — | $190,854 |
| NORTHERN TRUST COMPANY | NONE | $48,726 | — | $48,726 |
| EAGLE CAPITAL MANAGEMENT, LLC | NONE | $29,912 | — | $29,912 |
| JP MORGAN INVESTMENT MGT, INC | NONE | $26,502 | — | $26,502 |
| GRANT THORNTON LLP | NONE | $26,475 | — | $26,475 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- EAGLE CAPITAL MANAGEMENT, LLC — NONE
- JP MORGAN INVESTMENT MGT, INC — NONE
- GRANT THORNTON LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $658,526
- Estimated Expense Ratio: 0.531% 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 | $734,873 | $221,462 | — | $24,900 | — |
| 2023 | $1,309,328 | $350,502 | $173,104 | $25,775 | — |
| 2022 | $1,391,080 | $424,827 | — | — | $312,495 |