Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Icuf Multiple Employer Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Florida Independent College Fund · Florida · Educational Services

What the 2023 filing shows

Icuf Multiple Employer Plan holds $17M for 269 participants — about $61,982 per participant.

$17M
total plan assets (2022 EOY)
269
covered participants
$61,982
avg assets per participant
$-444,392
reported net income

The plan reported a net loss of $444K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$17M
Participants
269
State
Industry
Educational Services

What the Filing Says About Icuf Multiple Employer Plan

Icuf Multiple Employer Plan is a Profit Sharing retirement plan sponsored by Florida Independent College Fund, headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 269 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 591919098, and the plan has been effective since 2022-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2022 to $17M at year-end. Net assets (after liabilities) closed the year at $17M, with reported net income of $-444,392 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)N/A
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$-444,392
Plan TypeProfit Sharing
Employer EIN591919098
Plan Effective Date2022-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Florida Independent College Fund)

Year Plans Participants Total Assets
2022 1 269 $17M
2023 1 306 $26M
2024 1 385 $23M

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Icuf Multiple Employer Plan?
As of the 2022 Form 5500 filing, Icuf Multiple Employer Plan holds $17M in total assets with 269 participants. It is sponsored by Florida Independent College Fund.
What type of plan is Icuf Multiple Employer Plan?
Icuf Multiple Employer Plan is a Profit Sharing plan. It has been effective since 2022-06-01. The plan is filed with the U.S. Department of Labor under EIN 591919098.
Who sponsors the Icuf Multiple Employer Plan?
Icuf Multiple Employer Plan is sponsored by Florida Independent College Fund, located in Florida. The sponsor's EIN is 591919098 and the plan operates in the Educational Services industry.
How did Icuf Multiple Employer Plan perform in 2022?
Icuf Multiple Employer Plan held $17M in total assets at the end of 2022. Net income was $-444,392.
Where can I find official filings for Icuf Multiple Employer Plan?
Official Form 5500 filings for Icuf Multiple Employer Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 591919098 or plan name at efast.dol.gov.
How does Icuf Multiple Employer Plan compare to other plans?
You can compare Icuf Multiple Employer Plan against other Profit Sharing plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 591919098.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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