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Company:
The Art Institute of Chicago Defined Contrib Retirement Plan
Plan:
The Art Institute of Chicago Defined Contribution Retirement Plan
 

The Art Institute of Chicago Defined Contrib Retirement Plan

72 Plan:

 
 
72
3
53
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (72) and the top rated plan (84) could equate to:
[How is this calculated?]
6 additional years of work
Up to $132,700 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

The Art Institute of Chicago Defined Contribution Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 72, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost. The Art Institute of Chicago Defined Contribution Retirement Plan currently has over 800 active participants and over $50.6M in plan assets.

 

 Retirement Plan Details

Address 111 S Michigan Avenue
Chicago, IL 60603 
Industry Arts, Entertainment, and Recreation
Administrator Michael Nicolai
Net Plan Assets $50,600,000
Total Participants 840
Avg Account Balance $60,000

 Top 3 Funds in this 403b

1. TIAA-CREF Traditional Annuity 34%
2. TIAA-CREF Stock 22%
3. BlackRock LifePath 2020 4%

  Plan Service Providers

Insurance Carrier Tiaa-Cref
Recordkeeper ABN AMRO Trust Services Company
Auditor Washington, Pittman & Mckeever LLC

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