Children's Home & Aid Society of Illinois 401(k) Review & Grade
Children's Home & Aid Society of Illinois 401(k) Plan · d/b/a Brightpoint
Chicago, ILHealth Care & Social Assistance968 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$889Employer $ per active participant
$3,028Employee $ saved per active participant
0.32%Direct admin cost, % of plan assets
$35.7MNet plan assets, end of year
$28,462Average balance per account
Score breakdown
- Employer generosity23.8 / 5048th percentile for employer $ per participant
- Low cost9.6 / 2538th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 38th |
| Employee saving | 57th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($195,711 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $16,407 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Children's Home & Aid Society of Illinois put in about $889 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $860,075 |
| Participant (employee) contributions | $2,930,039 |
| Other contributions (incl. rollovers in) | $103,538 |
| Administrative expenses paid from the plan | $105,802 |
| Benefits paid out | $2,681,217 |
| Net assets, start / end of year | $30.5M / $35.7M |
| Active participants, start / end of year | 996 / 939 |
| Participants with account balances | 1,255 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Miller Cooper & Co., LTD |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $105,802 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260403112215NAL0001690515001, received 2026-04-03, EIN 36-2167743, plan #002, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.