Plan Ledger DOL Form 5500 · updated monthly

Aids Foundation of Chicago401(k)

AIDS FOUNDATION OF CHICAGO PROFIT SHARING 401(K) PLAN AND TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Aids Foundation of Chicago reported $13,220 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,890 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.66% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (2,638th of 3,702), and 1,909th of 3,341 in other services. In 2024, employees put in $1.03 for every $1.00 the employer contributed; active participation has grown from 120 to 158 since 2022.

Plan summary
Net assets, end of year$7,693,003
Participants with balances264
Active participants158
Employer contributions$456,568
Employee contributions$471,890
Employer contribution per active participant$2,890
Average account balance$29,140
Benefits paid to participants$351,663
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 264 accts · $457K emplr
2023$6.2M · 256 accts · $517K emplr
2022$4.8M · 213 accts · $418K emplr
The Aids Foundation of Chicago 401(k) match · 2024
Employer contribution per active participant$2,890
Median for plans this size$1,313
2024$2,890 per active participant
2023$3,445 per active participant
2022$3,482 per active participant

Aids Foundation of Chicago's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CARNOW AND ASSOCIATES, LTD. · Recordkeeping$19,531
LINCOLN NATIONAL CORPORATION · Contract administrator$22,625
MERRILL LYNCH · Investment advisory (plan)$17,353

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CARNOW AND ASSOCIATES, LTD.
2023CARNOW AND ASSOCIATES, LTD.

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Administrative cost history3
2024$13,220 · 0.19%
2023$35,071 · 0.63%
2022$34,561 · 0.66%
Same employer
Similar plansOther Services · Illinois
USA Environment LP IL$8.3M · 0.07%
The Anti-Cruelty Society IL$6.9M · 0.25%
Agencyea IL$6.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363412054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.