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THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameTHE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN
Plan identification number 003

THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

THE ART INSTITUTE OF CHICAGO has sponsored the creation of one or more 401k plans.

Company Name:THE ART INSTITUTE OF CHICAGO
Employer identification number (EIN):362167725
NAIC Classification:712100
NAIC Description: Museums, Historical Sites, and Similar Institutions

Additional information about THE ART INSTITUTE OF CHICAGO

Jurisdiction of Incorporation: Oklahoma Secretary Of State
Incorporation Date:
Company Identification Number: 4312273123

More information about THE ART INSTITUTE OF CHICAGO

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01MICHAEL NICOLAI
0032016-01-01MICHAEL NICOLAI
0032015-01-01MICHAEL NICOLAI
0032014-01-01MICHAEL NICOLAI
0032013-01-01MICHAEL NICOLAI
0032012-01-01MICHAEL NICOLAI
0032011-01-01MICHAEL NICOLAI
0032009-01-01MICHAEL NICOLAI

Plan Statistics for THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN

Measure Date Value
2022: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01350
Total number of active participants reported on line 7a of the Form 55002022-01-01176
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-01141
Total of all active and inactive participants2022-01-01318
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-014
Total participants2022-01-01322
Number of participants with account balances2022-01-01311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01358
Total number of active participants reported on line 7a of the Form 55002021-01-01207
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-01137
Total of all active and inactive participants2021-01-01345
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-015
Total participants2021-01-01350
Number of participants with account balances2021-01-01328
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01364
Total number of active participants reported on line 7a of the Form 55002020-01-01218
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01137
Total of all active and inactive participants2020-01-01355
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-013
Total participants2020-01-01358
Number of participants with account balances2020-01-01345
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01397
Total number of active participants reported on line 7a of the Form 55002019-01-01231
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01131
Total of all active and inactive participants2019-01-01362
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-012
Total participants2019-01-01364
Number of participants with account balances2019-01-01364
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01416
Total number of active participants reported on line 7a of the Form 55002018-01-01253
Number of retired or separated participants receiving benefits2018-01-015
Number of other retired or separated participants entitled to future benefits2018-01-01138
Total of all active and inactive participants2018-01-01396
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01397
Number of participants with account balances2018-01-01397
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01438
Total number of active participants reported on line 7a of the Form 55002017-01-01275
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01139
Total of all active and inactive participants2017-01-01414
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-01416
Number of participants with account balances2017-01-01416
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01470
Total number of active participants reported on line 7a of the Form 55002016-01-01309
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01128
Total of all active and inactive participants2016-01-01437
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01438
Number of participants with account balances2016-01-01438
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01498
Total number of active participants reported on line 7a of the Form 55002015-01-01346
Number of retired or separated participants receiving benefits2015-01-012
Number of other retired or separated participants entitled to future benefits2015-01-01122
Total of all active and inactive participants2015-01-01470
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01470
Number of participants with account balances2015-01-01470
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01511
Total number of active participants reported on line 7a of the Form 55002014-01-01377
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01121
Total of all active and inactive participants2014-01-01498
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01498
Number of participants with account balances2014-01-01498
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01530
Total number of active participants reported on line 7a of the Form 55002013-01-01406
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-01104
Total of all active and inactive participants2013-01-01511
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01511
Number of participants with account balances2013-01-01511
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01571
Total number of active participants reported on line 7a of the Form 55002012-01-01442
Number of retired or separated participants receiving benefits2012-01-011
Number of other retired or separated participants entitled to future benefits2012-01-0185
Total of all active and inactive participants2012-01-01528
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012
Total participants2012-01-01530
Number of participants with account balances2012-01-01530
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01635
Total number of active participants reported on line 7a of the Form 55002011-01-01484
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0185
Total of all active and inactive participants2011-01-01569
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-01571
Number of participants with account balances2011-01-01571
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01687
Total number of active participants reported on line 7a of the Form 55002009-01-01603
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0139
Total of all active and inactive participants2009-01-01642
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01643
Number of participants with account balances2009-01-01643
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN

Measure Date Value
2022 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-4,094,602
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,846,074
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,809,421
Expenses. Certain deemed distributions of participant loans2022-12-31$241
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,257,828
Value of total assets at end of year2022-12-31$26,847,728
Value of total assets at beginning of year2022-12-31$32,788,404
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$36,412
Total interest from all sources2022-12-31$7,189
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,112,479
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,112,479
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,257,828
Participant contributions at end of year2022-12-31$168,442
Participant contributions at beginning of year2022-12-31$132,767
Participant contributions at end of year2022-12-31$31,283
Participant contributions at beginning of year2022-12-31$33,586
Other income not declared elsewhere2022-12-31$241
Administrative expenses (other) incurred2022-12-31$36,412
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-5,940,676
Value of net assets at end of year (total assets less liabilities)2022-12-31$26,847,728
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$32,788,404
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$26,648,003
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$32,622,051
Interest on participant loans2022-12-31$7,189
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-6,472,339
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,809,421
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31GRANT THORNTON, LLP
Accountancy firm EIN2022-12-31366055558
2021 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$5,453,636
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$2,130,493
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,090,132
Expenses. Certain deemed distributions of participant loans2021-12-31$145
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,318,031
Value of total assets at end of year2021-12-31$32,788,404
Value of total assets at beginning of year2021-12-31$29,465,261
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$40,216
Total interest from all sources2021-12-31$4,842
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,428,077
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,428,077
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,318,031
Participant contributions at end of year2021-12-31$132,767
Participant contributions at beginning of year2021-12-31$96,890
Participant contributions at end of year2021-12-31$33,586
Other income not declared elsewhere2021-12-31$145
Administrative expenses (other) incurred2021-12-31$40,216
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,323,143
Value of net assets at end of year (total assets less liabilities)2021-12-31$32,788,404
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$29,465,261
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$32,622,051
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$29,368,371
Interest on participant loans2021-12-31$4,842
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,702,541
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,090,132
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31GRANT THORNTON, LLP
Accountancy firm EIN2021-12-31366055558
2020 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$5,272,718
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,295,015
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,263,741
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,436,477
Value of total assets at end of year2020-12-31$29,465,261
Value of total assets at beginning of year2020-12-31$25,487,558
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$31,274
Total interest from all sources2020-12-31$8,372
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$838,882
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$838,882
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,436,477
Participant contributions at end of year2020-12-31$96,890
Participant contributions at beginning of year2020-12-31$187,394
Administrative expenses (other) incurred2020-12-31$31,274
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,977,703
Value of net assets at end of year (total assets less liabilities)2020-12-31$29,465,261
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$25,487,558
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$29,368,371
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$25,300,164
Interest on participant loans2020-12-31$8,372
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,988,987
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,263,741
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31GRANT THORNTON, LLP
Accountancy firm EIN2020-12-31366055558
2019 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$6,295,406
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,925,087
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,894,677
Expenses. Certain deemed distributions of participant loans2019-12-31$452
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,844,751
Value of total assets at end of year2019-12-31$25,487,558
Value of total assets at beginning of year2019-12-31$21,117,239
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$29,958
Total interest from all sources2019-12-31$10,481
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$791,761
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$791,761
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$10,000,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,577,316
Participant contributions at end of year2019-12-31$187,394
Participant contributions at beginning of year2019-12-31$209,827
Participant contributions at beginning of year2019-12-31$47,503
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$267,435
Other income not declared elsewhere2019-12-31$452
Administrative expenses (other) incurred2019-12-31$29,958
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,370,319
Value of net assets at end of year (total assets less liabilities)2019-12-31$25,487,558
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$21,117,239
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$25,300,164
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$20,853,111
Interest on participant loans2019-12-31$10,481
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$6,798
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$6,798
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$3,647,961
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,894,677
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31MITCHELL & TITUS, LLP
Accountancy firm EIN2019-12-31132781641
2018 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2018 401k financial data
Total transfer of assets to this plan2018-12-31$4,165
Total income from all sources (including contributions)2018-12-31$416,359
Total of all expenses incurred2018-12-31$1,573,149
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,523,949
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,639,014
Value of total assets at end of year2018-12-31$21,117,239
Value of total assets at beginning of year2018-12-31$22,269,864
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$49,200
Total interest from all sources2018-12-31$9,030
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$504,563
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$504,563
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$10,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,639,014
Participant contributions at end of year2018-12-31$209,827
Participant contributions at beginning of year2018-12-31$170,916
Participant contributions at end of year2018-12-31$47,503
Participant contributions at beginning of year2018-12-31$46,115
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$408
Administrative expenses (other) incurred2018-12-31$49,200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,156,790
Value of net assets at end of year (total assets less liabilities)2018-12-31$21,117,239
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$22,269,864
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$20,853,111
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$22,045,648
Income. Interest from loans (other than to participants)2018-12-31$9,030
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$6,798
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$6,777
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$6,777
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,736,248
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,523,949
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31MITCHELL & TITUS, LLP
Accountancy firm EIN2018-12-31132781641
2017 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2017 401k financial data
Total transfer of assets to this plan2017-12-31$94,743
Total income from all sources (including contributions)2017-12-31$4,809,933
Total of all expenses incurred2017-12-31$1,757,211
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,708,391
Expenses. Certain deemed distributions of participant loans2017-12-31$359
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,716,920
Value of total assets at end of year2017-12-31$22,269,864
Value of total assets at beginning of year2017-12-31$19,122,399
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$48,461
Total interest from all sources2017-12-31$7,547
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$433,260
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$433,260
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$10,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,605,228
Participant contributions at end of year2017-12-31$170,916
Participant contributions at beginning of year2017-12-31$146,115
Participant contributions at end of year2017-12-31$46,115
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$111,692
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$408
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$57
Administrative expenses (other) incurred2017-12-31$48,461
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$3,052,722
Value of net assets at end of year (total assets less liabilities)2017-12-31$22,269,864
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$19,122,399
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$22,045,648
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$18,970,564
Interest on participant loans2017-12-31$7,547
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$6,777
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$5,663
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$5,663
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$2,652,206
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,708,391
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2017-12-31364189747
2016 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2016 401k financial data
Total transfer of assets to this plan2016-12-31$27,178
Total income from all sources (including contributions)2016-12-31$3,249,341
Total of all expenses incurred2016-12-31$2,123,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$2,075,604
Expenses. Certain deemed distributions of participant loans2016-12-31$603
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,747,823
Value of total assets at end of year2016-12-31$19,122,399
Value of total assets at beginning of year2016-12-31$17,969,034
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$46,947
Total interest from all sources2016-12-31$6,275
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$375,923
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$375,923
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,728,376
Participant contributions at end of year2016-12-31$146,115
Participant contributions at beginning of year2016-12-31$139,402
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$19,447
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$57
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$49
Administrative expenses (other) incurred2016-12-31$46,947
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,126,187
Value of net assets at end of year (total assets less liabilities)2016-12-31$19,122,399
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$17,969,034
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$18,970,564
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$17,823,920
Interest on participant loans2016-12-31$6,275
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$5,663
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$5,663
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$5,663
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$1,119,320
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$2,075,604
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2016-12-31364189747
2015 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2015 401k financial data
Total transfer of assets to this plan2015-12-31$3,947
Total income from all sources (including contributions)2015-12-31$1,823,223
Total of all expenses incurred2015-12-31$819,508
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$771,041
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,887,207
Value of total assets at end of year2015-12-31$17,969,034
Value of total assets at beginning of year2015-12-31$16,961,372
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$48,467
Total interest from all sources2015-12-31$5,422
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$359,383
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$359,383
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,819,524
Participant contributions at end of year2015-12-31$139,402
Participant contributions at beginning of year2015-12-31$135,751
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$4,111
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$67,683
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$49
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$81
Administrative expenses (other) incurred2015-12-31$48,467
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$1,003,715
Value of net assets at end of year (total assets less liabilities)2015-12-31$17,969,034
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$16,961,372
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$17,823,920
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$16,815,768
Interest on participant loans2015-12-31$5,422
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$5,663
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$5,661
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$5,661
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-428,789
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$771,041
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2015-12-31364189747
2014 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2014 401k financial data
Total transfer of assets to this plan2014-12-31$241,487
Total income from all sources (including contributions)2014-12-31$2,889,503
Total of all expenses incurred2014-12-31$635,984
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$586,661
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,815,337
Value of total assets at end of year2014-12-31$16,961,372
Value of total assets at beginning of year2014-12-31$14,466,366
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$49,323
Total interest from all sources2014-12-31$4,678
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$336,780
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$336,780
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,776,338
Participant contributions at end of year2014-12-31$135,751
Participant contributions at beginning of year2014-12-31$72,126
Participant contributions at end of year2014-12-31$4,111
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$38,978
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$81
Administrative expenses (other) incurred2014-12-31$49,323
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$2,253,519
Value of net assets at end of year (total assets less liabilities)2014-12-31$16,961,372
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$14,466,366
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$16,815,768
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$14,388,632
Interest on participant loans2014-12-31$4,678
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$5,661
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$5,608
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$5,608
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$732,708
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$21
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$586,661
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2014-12-31364189747
2013 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2013 401k financial data
Total transfer of assets to this plan2013-12-31$463,255
Total income from all sources (including contributions)2013-12-31$3,955,829
Total of all expenses incurred2013-12-31$473,760
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$438,030
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,732,972
Value of total assets at end of year2013-12-31$14,466,366
Value of total assets at beginning of year2013-12-31$10,521,042
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$35,730
Total interest from all sources2013-12-31$2,921
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$314,882
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$314,882
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,714,449
Participant contributions at end of year2013-12-31$72,126
Participant contributions at beginning of year2013-12-31$71,974
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$18,523
Administrative expenses (other) incurred2013-12-31$30,730
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$3,482,069
Value of net assets at end of year (total assets less liabilities)2013-12-31$14,466,366
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$10,521,042
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$5,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$14,388,632
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$10,443,709
Interest on participant loans2013-12-31$2,921
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$5,608
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$5,359
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$5,359
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,905,054
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$438,030
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2013-12-31364189747
2012 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2012 401k financial data
Total transfer of assets to this plan2012-12-31$133,152
Total income from all sources (including contributions)2012-12-31$2,643,539
Total of all expenses incurred2012-12-31$177,567
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$176,292
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,715,515
Value of total assets at end of year2012-12-31$10,521,042
Value of total assets at beginning of year2012-12-31$7,921,918
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$1,275
Total interest from all sources2012-12-31$2,178
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$171,478
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$171,478
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,684,038
Participant contributions at end of year2012-12-31$71,974
Participant contributions at beginning of year2012-12-31$36,233
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$31,477
Administrative expenses (other) incurred2012-12-31$1,275
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,465,972
Value of net assets at end of year (total assets less liabilities)2012-12-31$10,521,042
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$7,921,918
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$10,443,709
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$7,880,328
Interest on participant loans2012-12-31$2,177
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$5,359
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$5,357
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$5,357
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$754,368
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$176,292
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2012-12-31364189747
2011 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2011 401k financial data
Total transfer of assets to this plan2011-12-31$56,264
Total income from all sources (including contributions)2011-12-31$1,604,581
Total of all expenses incurred2011-12-31$365,179
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$364,204
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,628,401
Value of total assets at end of year2011-12-31$7,921,918
Value of total assets at beginning of year2011-12-31$6,626,252
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$975
Total interest from all sources2011-12-31$1,284
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$154,534
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$154,534
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,628,401
Participant contributions at end of year2011-12-31$36,233
Participant contributions at beginning of year2011-12-31$14,678
Participant contributions at beginning of year2011-12-31$62,704
Administrative expenses (other) incurred2011-12-31$975
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,239,402
Value of net assets at end of year (total assets less liabilities)2011-12-31$7,921,918
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$6,626,252
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$7,880,328
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$6,548,802
Interest on participant loans2011-12-31$1,284
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$5,357
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$68
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$68
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-179,638
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Employer contributions (assets) at beginning of year2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$364,204
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2011-12-31364189747
2010 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2010 401k financial data
Total transfer of assets to this plan2010-12-31$183,901
Total income from all sources (including contributions)2010-12-31$2,299,424
Total of all expenses incurred2010-12-31$234,098
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$233,723
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,655,293
Value of total assets at end of year2010-12-31$6,626,252
Value of total assets at beginning of year2010-12-31$4,377,025
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$375
Total interest from all sources2010-12-31$702
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$101,545
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$101,545
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,644,398
Participant contributions at end of year2010-12-31$14,678
Participant contributions at beginning of year2010-12-31$17,479
Participant contributions at end of year2010-12-31$62,704
Participant contributions at beginning of year2010-12-31$66,349
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$10,895
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$375
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$2,065,326
Value of net assets at end of year (total assets less liabilities)2010-12-31$6,626,252
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$4,377,025
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$6,548,802
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$4,293,171
Interest on participant loans2010-12-31$702
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$68
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$26
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$26
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$541,884
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Employer contributions (assets) at end of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$233,723
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31WASHINGTON, PITTMAN & MCKEEVER, LLC
Accountancy firm EIN2010-12-31364189747
2009 : THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN

2022: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: THE ART INSTITUTE OF CHICAGO RETIREMENT SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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