Other · DOL Form 5500 · 2022

Florida Institute of Technology Retirement Plan

Data updated 2026-08-11

$136M
Total assets
1,320
Participants
94th
Percentile by assets
$102,762
Avg per participant
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Official DOL plan name: Florida Tech Retirement Plan · Sponsored by Florida Institute of Technology · Florida · Educational Services

$136M in assets, 1,320 participants

Florida Institute of Technology's Florida Tech Retirement Plan reported $136M in total assets and 1,320 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #3,611 in Educational Services (4,024 peers)

Coverage in Florida

Florida Tech Retirement Plan covers 1,320 participants in Florida, 2.1x the typical Florida plan (state average ~628 per filing). Assets: $136M.

$136M
total plan assets (2022 EOY)
1,320
covered participants
94th
percentile by assets (of 139,126 plans)
$102,762
avg assets per participant

The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Florida Tech Retirement Plan sits by total assets

Florida Tech Retirement Plan vs every filed plan by assets

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

$135,645,345 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Florida Tech Retirement Plan reports 1,320 participants - 2.1x that state average ($136M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$156M
Net Assets (End of Year)$136M
Net Income-$21M
Employer EIN596046500
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Florida Institute of Technology)

$120M$140M$160M$180M$200M 202220232024 $136M $180M ▲ +32.4%
Total plan assets by year, all Florida Institute of Technology plans on file
Year Plans Participants Total Assets
2022 1 1,320 $136M
2023 1 1,291 $160M
2024 1 1,329 $180M

Nearby Other Plans in Florida

Peer Other plans, same state, same plan type, ranked by total assets.

Florida Tech Retirement Plan vs. nearby Other plans in Florida, assets vs. participants

Florida Tech Retirement Plan vs. nearby Other plans in Florida, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 00.511.522.5 Total assets ($B) Participants Florida Tech Retirem…Baptist Health South…University of Miami …Orlando Health Retir…Defined Contribution…The Nemours Foundati…
Florida Tech Retirement Plan vs. nearby Other plans in Florida, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Florida Tech Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Florida Tech Retirement Plan assets move in 2022?
Florida Tech Retirement Plan pulled back noticeably - down 13.2% during 2022, from $156M to $136M. Reported net income was -$21M.
How have Florida Institute of Technology plan assets changed over time?
Across 3 plan years on file (2022-2024), Florida Institute of Technology's sponsor-wide assets grew 32.4%, from $136M to $180M.
Where does Florida Tech Retirement Plan rank by assets among Form 5500 filers?
Florida Tech Retirement Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Florida Tech Retirement Plan?
Among Other plans in other states, the closest by assets is Illinois Wesleyan University 403(b) Retirement Plan in IL ($135M, 361 participants).

Filing takeaways

Ways to act on Florida Tech Retirement Plan's numbers.