# The Chicago Lighthouse For People Who Are Blind Or Visually Impaired 401(k) Plan
Source: https://planprovider.pro/companies/the-chicago-lighthouse-for-people-who-are-blind-or-visually-impaired-401k-plan

> The Chicago Lighthouse For People Who Are Blind Or Visually Impaired&#39;s 401(k) plan: 719 participants, plan year 2024 financials, providers, and benchmarks fr…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Chicago Lighthouse For People Who Are Blind Or Visually Impaired

- **Sponsor EIN:** 362169139

- **Sponsor Address:** 1850 W ROOSEVELT, CHICAGO, IL, 606081200

- **Plan Type:** 401(k)

- **Total Participants:** 719

- **Total Assets:** $10.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|719|$10.3M|$990,566|$1.6M|

| 2023|690|$7.8M|$1.0M|$1.4M|

| 2022|594|$4.7M|$515,311|$341,434|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$111,575|—|$111,575|

| GRANT THORNTON|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GRANT THORNTON](https://planprovider.pro/provider/grant-thornton-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $111,575

- **Estimated Expense Ratio:** 1.078% 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|$111,576|—|$111,576|—|—|

| 2023|$86,001|—|$86,001|—|—|

| 2022|—|—|—|—|—|

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