Plan Ledger DOL Form 5500 · updated monthly

Chicago Charter School Foundatio401(k)

CHICAGO INTERNATIONAL CHARTER SCHOOL 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
1.32%

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

Chicago Charter School Foundatio reported $25,937 in plan administrative expenses for 2022: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $307 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 has held roughly steady near 1.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (3,345th of 3,702), and 2,838th of 3,091 in educational services. In 2022, employees put in $3.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,130,150
Participants with balances105
Active participants282
Employer contributions$86,500
Employee contributions$330,892
Employer contribution per active participant$307
Average account balance$20,287
Benefits paid to participants$240,255
Plan auditUnmodified (clean) audit opinion
AuditorORBA
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 46 accts · $62K emplr
2022$2.1M · 105 accts · $87K emplr
The Chicago Charter School Foundatio 401(k) match · 2022
Employer contribution per active participant$307
Median for plans this size$1,114
2023$1,676 per active participant
2022$307 per active participant

Chicago Charter School Foundatio's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$24,861 · 1.26%
2022$25,937 · 1.32%
Similar plansEducational Services · Illinois
St. Augustine College IL$2.8M · 1.09%
Redshelf, Inc. IL$2.8M · 0.12%
Keshet IL$2.2M · 1.10%
Edblox, Inc. IL$2.1M · 0.10%
Aspira, Inc. of Illinois IL$1.9M · 1.07%
Rce, International IL$1.8M · 1.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364141583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.