Retirement plan

AIDS FOUNDATION OF CHICAGO PROFIT SHARING 401(K) PLAN AND TRUST

Name: AIDS FOUNDATION OF CHICAGO - AIDS FOUNDATION OF CHICAGO PROFIT SHARING 401(K) PLAN AND TRUST (2024) Form 5500
Creator: AIDS FOUNDATION OF CHICAGO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIDS FOUNDATION OF CHICAGO PROFIT SHARING 401(K) PLAN AND TRUST, AIDS FOUNDATION OF CHICAGO

AIDS FOUNDATION OF CHICAGOEIN 36-3412054Plan #001PY 2024

200 WEST MONROE STREET, SUITE 1150 - CHICAGO, IL 60606312-922-2322aidschicago.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.7M

+23.3% from 2023

Total participants

265

+3.5% from 2023

Average account balance

$29,140

+19.6% from 2023

Annual return

14.04%

-3.09 pp from 2023

Benchmarks

See 2,063 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,063 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.69M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$29K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

264

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$928K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$50

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION9 years Service code 13 · EIN 35-1140070 1301 S HARRISON STREET · FORT WAYNE, IN 46801	Contract Administrator	$22,625
CARNOW AND ASSOCIATES, LTD.6 years Service code 15 · EIN 36-3493622 2201 WAUKEGAN ROAD, SUITE 150 · BANNOCKBURN, IL 60015	Recordkeeping	$19,531
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH Service code 27 PIERCE FENNER AND SMITH · CHARLOTTE, NC 282022271	Advisory (Plan)	$17,353

Plan features & details

Pension benefit codes2A2E2F2G2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$13K

$84 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.172%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI, LLP
Auditor EIN: 390758449
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,140

$60,261-51.6%

$81,783-64.4%

$74,546-60.9%

Participation rate

99.4%

62.9%+36.5pp

72.4%+27.0pp

67.2%+32.2pp

Annual return

14.04%

16.88%-2.8pp

775.05%-761.0pp

1366.03%-1352.0pp

Employer contribution / active EE

$2,890

$2,622+10.2%

$2,913-0.8%

$2,624+10.1%

Participant deferral / active EE

$2,987

$3,388-11.8%

$4,320-30.9%

$4,347-31.3%

Admin fee / account holder

$50

$1,482-96.6%

$7,380-99.3%

$1,944-97.4%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION9 years

Service code 13 · EIN 35-1140070

1301 S HARRISON STREET · FORT WAYNE, IN 46801

Contract Administrator

$22,625

CARNOW AND ASSOCIATES, LTD.6 years

Service code 15 · EIN 36-3493622

2201 WAUKEGAN ROAD, SUITE 150 · BANNOCKBURN, IL 60015

Recordkeeping

$19,531

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH

Service code 27

PIERCE FENNER AND SMITH · CHARLOTTE, NC 282022271

Advisory (Plan)

$17,353

AIDS FOUNDATION OF CHICAGO PROFIT SHARING 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIDS FOUNDATION OF CHICAGO PROFIT SHARING 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion