Plan Ledger DOL Form 5500 · updated monthly

The Chicago Community Trust401(k)

EMPLOYEE BENEFIT PLAN OF THE CHICAGO COMMUNITY TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Chicago Community Trust reported $1,298 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,890 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 rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,491st-largest of 3,702 plans among Illinois employers on file, and the 878th of 3,341 in other services. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 124 to 149 since 2022.

Plan summary
Net assets, end of year$24,828,987
Participants with balances195
Active participants149
Employer contributions$1,026,657
Employee contributions$1,029,061
Employer contribution per active participant$6,890
Average account balance$127,328
Benefits paid to participants$3,931,293
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 195 accts · $1.0M emplr
2023$23.3M · 192 accts · $918K emplr
2022$18.4M · 180 accts · $805K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$644
Total administrative$1,298
The The Chicago Community Trust 401(k) match · 2024
Employer contribution per active participant$6,890
Median for plans this size$2,416
2024$6,890 per active participant
2023$6,850 per active participant
2022$6,491 per active participant

The Chicago Community Trust'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$963

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,298 · 0.01%
2023$1,188 · 0.01%
2022$607 · 0.00%
Same employer
Similar plansOther Services · Illinois
Mkd Electric LLC IL$27.4M · 0.15%
Evans Scholars Foundation IL$24.1M · 0.03%
Trinity Services Inc. IL$23.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.