Illinois › Health care and social assistance › 250 to 499 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
YWCA Metropolitan Chicago 401(k) Plan
Sponsored by YWCA Metropolitan Chicago, Chicago, IL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
YWCA Metropolitan Chicago 401(k) Plan is a 401(k) plan sponsored by YWCA Metropolitan Chicago of Chicago, Illinois. For the plan year ending 30 Jun 2025 it reported 317 participants, 244 of them active, and net assets of $2.4M.
Net assets came to $7,485 per participant, well below the $48,746 median for defined contribution plans with 250 to 499 participants and well below the $30,764 median for defined contribution plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $52K: $163 per participant, above the same-size median of $141. Administrative expenses charged to the plan were $50K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $638K in 2021 to $2.4M in 2024 (up 272%), and participants from 346 to 317 (down 8%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $7,485 | $48,746 | $30,764 | $53,102 |
| Employer contributions per active participant | — | $2,017 | $1,536 | $2,175 |
| Schedule C compensation per participant | $163 | $141 | $93.85 | $123 |
| Schedule C compensation, share of net assets | 2.2% | 0.30% | 0.31% | 0.26% |
| Administrative expenses per participant | $158 | $133 | $86.53 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), health care and social assistance (9,402) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 317 | $2.4M | $7,486 | — | $564K | $52K |
| 2023 | 465 | $2.4M | $5,077 | — | $642K | $25K |
| 2022 | 416 | $1.6M | $3,748 | $157K | $629K | $16K |
| 2021 | 346 | $638K | $1,844 | $151K | $585K | $6,000 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$2,361,193
- Employer contributions—
- Participant contributions$563,502
- Rollovers and other contributions—
- Total contributions$563,502
- Total income, including investment results$839,809
- Benefits paid$778,133
- Administrative expenses$50,056
- Total expenses$828,189
- Net income$11,620
- Net transfers$0
- Net assets, end of year$2,372,813
Participants
- Active participants244
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits73
- Participants with account balances228
- Total participants, end of year317
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| North American Ktrade Alliance, LLC | Recordkeeping and information management; Participant loan processing | $23,247 | $130 |
| Centric Wealth Management, LLC | Investment advisory (plan) | $14,878 | $0 |
| Retirement Solutions Advisors, LLC | Contract Administrator | $12,015 | $0 |
| Mid-Atlantic Trust Company | Custodial (other than securities); Trustee (bank, trust company, or similar financial institution) | $0 | $1,418 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$50,056
- Total administrative expenses$50,056
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Other investments$2.3M · 98.2%
- Participant loans$24K · 1.0%
- Receivables$20K · 0.8%
- Registered investment companies (mutual funds)$80 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmPlante & Moran PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $250,000
- Blackout period during the yearYes
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 624100: Individual & Family Services.
Similar plans in Illinois
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Counseling Connection, Inc. 401(k) Savings Plan | Counseling Connection, Inc. | 318 | $7.7M | $24,137 |
| 403(b) Thrift Plan for Employees of Ep!c | Ep!c, Inc. | 314 | $4.6M | $14,796 |
| Fox Valley Orthopaedic Associates, S.C. Profit Sharing and Savings Plan | Fox Valley Orthopaedic Associates, S.C. | 319 | $45.6M | $143,096 |
| Norwood Life Society Employees' Retirement Plan | Norwood Life Society | 314 | $11.2M | $35,780 |
| Vitality Management Company, LLC 401(k) Plan | Vitality Management Company, LLC | 319 | $40.9M | $128,220 |
| Near North Health Service Corporation | Near North Health Service Corporation | 312 | $8.3M | $26,650 |
Defined contribution plans in health care and social assistance closest in size.
Questions and answers
How big is YWCA Metropolitan Chicago 401(k) Plan?
317 participants at the end of the plan year ending 30 Jun 2025, of whom 244 were active employees, with net assets of $2,372,813. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does YWCA Metropolitan Chicago contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $51,688 in compensation to service provider organisations, $163 per participant or 2.2% of net assets. The same-size median among plans reporting any Schedule C compensation was $141 per participant. Administrative expenses on Schedule H were $50,056. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is YWCA Metropolitan Chicago. Recordkeeping or administration: North American Ktrade Alliance, LLC and Retirement Solutions Advisors, LLC. Investment advisory or management: Centric Wealth Management, LLC. Trustee or custodian: Mid-Atlantic Trust Company. The financial statements were audited by Plante & Moran PLLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 25 Mar 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 36-2179765, plan 001, received 25 Mar 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.