Plan Ledger DOL Form 5500 · updated monthly

Lyric Opera of Chicago401(k)

LYRIC OPERA 401(K) SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Lyric Opera of Chicago reported $21,358 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $4,530 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 0.14% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Illinois (2,029th of 3,702), and the 530th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,548,634
Participants with balances174
Active participants128
Employer contributions$579,867
Employee contributions$909,761
Employer contribution per active participant$4,530
Average account balance$83,613
Benefits paid to participants$2,570,929
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 174 accts · $580K emplr
2023$13.7M · 180 accts · $612K emplr
2022$12.8M · 173 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,358
Total administrative$21,358
The Lyric Opera of Chicago 401(k) match · 2024
Employer contribution per active participant$4,530
Median for plans this size$2,416
2024$4,530 per active participant
2023$5,062 per active participant
2022$4,815 per active participant

Lyric Opera of Chicago's 2024 employer contribution ran above the $2,416 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 · 20241
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$21,358

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,358 · 0.15%
2023$17,340 · 0.13%
2022$18,967 · 0.14%
Same employer
Similar plansArts, Entertainment & Recreation · Illinois
Intersport Inc IL$18.1M · 0.32%
University Club of Chicago IL$14.8M · 0.23%
Lnproduction, Inc. IL$11.4M · 0.36%
Museum of Contemporary Art IL$10.1M · 0.65%
Navy Pier, Inc. IL$9.4M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366008929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.