401(k) · DOL Form 5500 · 2022

I.C. System, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
575
Participants Below avg headcount
84th
Percentile by assets National rank
$56,930
Avg per participant Low balance/head
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Official DOL plan name: I.C. System, Inc. Savings Plus Plan · Sponsored by I.C. System, Inc. · Minnesota · Administrative & Support Services

$33M in assets, 575 participants

I.C. System, Inc.'s I.C. System, Inc. Savings Plus Plan reported $33M in total assets and 575 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #4,566 in Administrative & Support Services (4,927 peers)

Where I.C. System, Inc. Savings Plus Plan sits by assets

I.C. System, Inc. Savings Plus Plan sits in the top quartile of all filed plans by assets, $33M for 575 participants (~$56,930/participant), down 15.1% in 2022.

#4,566
in Administrative & Support Services (4,927 peers)
-15.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

I.C. System, Inc. Savings Plus Plan's outsized position by total assets

I.C. System, Inc. Savings Plus Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$32,734,687 Top 16% higher than 84% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

I.C. System, Inc. Savings Plus Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. I.C. System, Inc. Savings Plus Plan sits mid-pack in the medium band (575 participants).

EBSA filing schedule strip

Filing strip 410739183 · I.C. System, Inc. PY 2022 · 401(k)

I.C. System, Inc. Savings Plus Plan · $33M · 575 · 84th

  • TYPE $33M
  • TYPE 575
  • TYPE 84th
  • TYPE 401(k)
  • TYPE near 401(k) Profit Sharing Plan for Employees of Welllife Network Inc.
  • TYPE ind #4566

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 Administrative & Support Services retirement plans → · Plans in Minnesota →

I.C. System, Inc. Savings Plus Plan in the asset neighbourhood

The Rasmussen Group, Inc. 401(k) Retirement PlanThe Rasmussen Group, Inc. 40…$33MI.C. System, Inc. Savings Plus PlanI.C. System, Inc. Savings Pl…$33M401(k) Profit Sharing Plan for Employees of Welllife Network Inc.401(k) Profit Sharing Plan f…$33MCacique Foods LLC Profit Sharing /Salary Savings PlanCacique Foods LLC Profit Sha…$33MThe Arclight Capital Holdings Retirement Savings PlanThe Arclight Capital Holding…$33M
End-of-year total assets ($M) among I.C. System, Inc. Savings Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$33M
Net Income-$6M
Employer EIN410739183
Plan Effective Date1969-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (I.C. System, Inc.)

Sponsor-wide plan assets over time

All I.C. System, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$37M 12.868316107620032% vs 2022
2024 filing year
$32M$34M$36M$38M 202220232024 $32.7M $37M ▲ +12.9%
Year Plans Participants Total Assets
2022 1 575 $33M
2023 1 411 $34M
2024 1 338 $37M

Nearby 401(k) Plans in Minnesota

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

I.C. System, Inc. Savings Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants I.C. System, Inc. Savings Plus Plan, Total assets ($B): 0.032734687 · Participants: 575I.C. System, Inc. Savings Plus PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
I.C. System, Inc. Savings Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare I.C. System, Inc. Savings Plus Plan side-by-side with 3 peers →

I.C. System, Inc. Savings Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. in NY ($33M); by covered participants it is Labcon, Inc. 401(k) Plan in TX (575 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (575 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did I.C. System, Inc. Savings Plus Plan assets move in 2022? ▼
I.C. System, Inc. Savings Plus Plan declined sharply - down 15.1% during 2022, from $39M to $33M. Reported net income was -$6M.
How have I.C. System, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), I.C. System, Inc.'s sponsor-wide assets grew 12.9%, from $33M to $37M.
Where does I.C. System, Inc. Savings Plus Plan rank by assets among Form 5500 filers? ▼
I.C. System, Inc. Savings Plus Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to I.C. System, Inc. Savings Plus Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. in NY ($33M, 2,176 participants).
Which 401(k) plans cover a similar participant headcount to I.C. System, Inc. Savings Plus Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Labcon, Inc. 401(k) Plan in TX (575 participants, $3M in assets).

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 410739183.

Read our methodology - how this data is sourced, computed, and verified.

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