Other · DOL Form 5500 · 2022
The Governing Board of the Mi Independent Colleges and Universities Retirement Plan
Data updated 2026-08-25
- $288M
- Total assets Near avg plan size
- 1,223
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $235,268
- Avg per participant Above avg balance/head
Official DOL plan name: Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan · Sponsored by The Governing Board of the Mi Independent Colleges and Universities · Michigan · Educational Services
$288M in assets, 1,223 participants
The Governing Board of the Mi Independent Colleges and Universities's Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan reported $288M in total assets and 1,223 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- #3,810 in Educational Services (4,024 peers)
Where Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan sits by assets
Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan sits in the top 5% of all filed plans by assets, $288M for 1,223 participants (~$235,268/participant), down 15.5% in 2022.
- #3,810
- in Educational Services (4,024 peers)
- -15.5%
- assets change YoY
- 2.9×
- vs typical plan assets (national mean)
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.
Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan's outsized position by total assets
Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$287,733,005 Top 3% higher than 97% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan lands in the large band (1,223 participants).
Plan-year Form 5500 strip
Filing strip 842495214 · The Governing Board of the Mi Independent Colleges and Universities PY 2022 · Other
Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan · $288M · 1,223 · 97th
- EBSA $288M
- EBSA 1,223
- EBSA 97th
- EBSA Other
- EBSA near Metal Lathers Local 46 Annuity Fund
- EBSA ind #3810
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Michigan →
Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $341M |
|---|---|
| Net Assets (End of Year) | $288M |
| Net Income | -$53M |
| Employer EIN | 842495214 |
| Plan Effective Date | 2019-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Governing Board of the Mi Independent Colleges and Universities)
Sponsor-wide plan assets over time
All The Governing Board of the Mi Independent Colleges and Universities plans reported in each filing year
- Latest sponsor-wide plan assets
- $335M 16.39790402216805% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,223 | $288M |
| 2023 | 1 | 1,222 | $315M |
| 2024 | 1 | 1,239 | $335M |
Nearby Other Plans in Michigan
Peer Other plans, same state, same plan type, ranked by total assets.
- Fca US LLC Salaried Employees' Savings Plan $4.3B · 17,796
- Fca US LLC UAW Savings Plan $4.1B · 52,211
- Spectrum Health System 403(b) Plan $2.3B · 26,631
- Beaumont Health 403(b) Retirement Savings Plan $2.2B · 33,585
- Mclaren Employees' 403(b) Retirement Plan $1.4B · 21,255
Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan's out-of-state Other peers by assets and headcount
Outside Michigan, the nearest Other by assets is Metal Lathers Local 46 Annuity Fund in NY ($288M); by covered participants it is Ucp Matched Savings Plan in FL (1,225 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($288M here).
- Metal Lathers Local 46 Annuity Fund (NY) $288M · 1,970
- Kpmg Personal Account for Retirement (NJ) $289M · 600
- Hamilton College 403(b) Retirement Plan (NY) $290M · 701
- Rider University Defined Contribution Retirement Plan (NJ) $291M · 825
Similar participant headcount
Nearest other-state filings by covered participants (1,223 participants); asset peers above are excluded.
- Ucp Matched Savings Plan (FL) 1,225 · 2 off
- The Children's Hospital of Philadelphia Retirement Savings Plan for Union-Represented Employees (PA) 1,220 · 3 off
- Summit Health Care Regional Medical Center Performance Based Flexible Contribution Retirement Plan (AZ) 1,220 · 3 off
- Southwestern Vermont Health Care 403(b) Retirement Savings Plan (VT) 1,227 · 4 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.