401(k) · DOL Form 5500 · 2022

International Transmission Company 401(k) Plan

Data updated 2026-08-11

$249M
Total assets
711
Participants
96th
Percentile by assets
$350,005
Avg per participant
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Official DOL plan name: Itc Savings & Investment Plan · Sponsored by International Transmission Company · Michigan · Utilities

$249M in assets, 711 participants

International Transmission Company's Itc Savings & Investment Plan reported $249M in total assets and 711 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 139,126 plans)
  • #562 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Itc Savings & Investment Plan ranks #562 of 738 2022 filers by assets (216% of the sector average)-$249M for 711 participants.

$249M
total plan assets (2022 EOY)
711
covered participants
96th
percentile by assets (of 139,126 plans)
$350,005
avg assets per participant

The plan reported a net loss of $53M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Rank #562 in Utilities

Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Itc Savings & Investment Plan ranks #562 by end-of-year assets - about 216% of the sector average of $537M. Nationally it sits in the 96th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$302M
Net Assets (End of Year)$249M
Net Income-$53M
Employer EIN810596181
Plan Effective Date2003-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Transmission Company)

$350M$400M$450M$500M$550M 202220232024 $370M $525M ▲ +42.0%
Total plan assets by year, all International Transmission Company plans on file
Year Plans Participants Total Assets
2022 2 1,418 $370M
2023 2 1,460 $447M
2024 2 1,509 $525M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Itc Savings & Investment Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Itc Savings & Investment Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Itc Savings & Invest…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Itc Savings & Investment Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Itc Savings & Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Itc Savings & Investment Plan assets move in 2022?
Itc Savings & Investment Plan declined sharply - down 17.6% during 2022, from $302M to $249M. Reported net income was -$53M.
How have International Transmission Company plan assets changed over time?
Across 3 plan years on file (2022-2024), International Transmission Company's sponsor-wide assets grew 42.0%, from $370M to $525M.
Where does Itc Savings & Investment Plan rank by assets among Form 5500 filers?
Itc Savings & Investment Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Itc Savings & Investment Plan?
Among 401(k) plans in other states, the closest by assets is Hydraforce, Inc. Employee Savings and Stock Ownership Plan in IL ($249M, 937 participants).

Next read for Itc Savings & Investment Plan

Filing takeaways

Ways to act on Itc Savings & Investment Plan's numbers.

  • By total assets, Itc Savings & Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • International Transmission Company's sponsor-wide assets have grown 42.0% since 2022 across 3 plan years on file. More Utilities plans