Plan Ledger DOL Form 5500 · updated monthly

Chicago Urban League401(k)

CHICAGO URBAN LEAGUE 401(K) PROFIT SHARING PLAN & TRUST · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Chicago Urban League reported $10,360 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $848 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 rose from 0.33% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (3,166th of 3,702), and 2,563rd of 3,341 in other services. In 2023, employees put in $1.18 for every $1.00 the employer contributed; active participation has grown from 130 to 156 since 2022.

Plan summary
Net assets, end of year$3,461,507
Participants with balances128
Active participants156
Employer contributions$132,213
Employee contributions$156,658
Employer contribution per active participant$848
Average account balance$27,043
Benefits paid to participants$88,643
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 118 accts · $125K emplr
2023$3.5M · 128 accts · $132K emplr
2022$2.8M · 115 accts · $97K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$445
Investment management$9,055
Trustee / custodial$860
Total administrative$10,360
The Chicago Urban League 401(k) match · 2023
Employer contribution per active participant$848
Median for plans this size$1,308
2024$784 per active participant
2023$848 per active participant
2022$745 per active participant

Chicago Urban League's 2023 employer contribution ran below the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ROTHSCHILD INVESTMENT CORP · Investment advisory (participants)$9,055

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

Administrative cost history3
2024$13,597 · 0.40%
2023$10,360 · 0.33%
2022$9,714 · 0.33%
Similar plansOther Services · Illinois
The Resurrection Project IL$3.5M · 0.14%
Pinnacle Fit Clubs, LLC IL$3.4M · 1.03%
Linen King IL$2.7M · 0.97%
Lechner & Sons, Inc. IL$2.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362225483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.