Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

The Art Institute of Chicago Tax Deferred Savings Program

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by The Art Institute of Chicago · Illinois · Arts, Entertainment & Recreation

What the 2023 filing shows

The Art Institute of Chicago Tax Deferred Savings Program holds $15M for 1,440 participants — about $10,703 per participant, down 19.5% over the 2022 plan year.

$15M
total plan assets (2022 EOY)
1,440
covered participants
$10,703
avg assets per participant
-19.5%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$15M
Participants
1,440
State
Industry
Arts, Entertainment & Recreation

What the Filing Says About The Art Institute of Chicago Tax Deferred Savings Program

The Art Institute of Chicago Tax Deferred Savings Program is a Profit Sharing retirement plan sponsored by The Art Institute of Chicago, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 1,440 participants across the Arts, Entertainment & Recreation industry. The sponsor's EIN on file with the U.S. Department of Labor is 362167725, and the plan has been effective since 1975-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $19M at the beginning of 2022 to $15M at year-end — a decline of 19.5%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-3,732,069 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$19M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-3,732,069
Plan TypeProfit Sharing
Employer EIN362167725
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Art Institute of Chicago)

Year Plans Participants Total Assets
2022 4 3,031 $318M
2023 4 3,423 $357M
2024 4 3,551 $390M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the The Art Institute of Chicago Tax Deferred Savings Program?
As of the 2022 Form 5500 filing, The Art Institute of Chicago Tax Deferred Savings Program holds $15M in total assets with 1,440 participants. It is sponsored by The Art Institute of Chicago.
What type of plan is The Art Institute of Chicago Tax Deferred Savings Program?
The Art Institute of Chicago Tax Deferred Savings Program is a Profit Sharing plan. It has been effective since 1975-01-01. The plan is filed with the U.S. Department of Labor under EIN 362167725.
Who sponsors the The Art Institute of Chicago Tax Deferred Savings Program?
The Art Institute of Chicago Tax Deferred Savings Program is sponsored by The Art Institute of Chicago, located in Illinois. The sponsor's EIN is 362167725 and the plan operates in the Arts, Entertainment & Recreation industry.
How did The Art Institute of Chicago Tax Deferred Savings Program perform in 2022?
The Art Institute of Chicago Tax Deferred Savings Program declined by 19.5% during 2022, moving from $19M to $15M in total assets. Net income was $-3,732,069.
Where can I find official filings for The Art Institute of Chicago Tax Deferred Savings Program?
Official Form 5500 filings for The Art Institute of Chicago Tax Deferred Savings Program are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362167725 or plan name at efast.dol.gov.
How does The Art Institute of Chicago Tax Deferred Savings Program compare to other plans?
You can compare The Art Institute of Chicago Tax Deferred Savings Program against other Profit Sharing plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 362167725.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.