401(k) · DOL Form 5500 · 2023

International Transmission Company 401(k) Plan

Data updated 2026-08-11

$309M
Total assets
732
Participants
96th
Percentile by assets
$422,314
Avg per participant
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Official DOL plan name: Itc Savings & Investment Plan · Sponsored by International Transmission Company · Michigan · Utilities

$309M in assets, 732 participants

International Transmission Company's Itc Savings & Investment Plan reported $309M in total assets and 732 participants in its 2023 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 127,072 plans)
  • #553 in Utilities (721 peers)

Where Itc Savings & Investment Plan sits by assets

Itc Savings & Investment Plan sits in the top 5% of all filed plans by assets, $309M for 732 participants (~$422,314/participant), up 24.2% in 2023.

$309M
total plan assets (2023 EOY)
732
covered participants
96th
percentile by assets (of 127,072 plans)
$422,314
avg assets per participant

Where Itc Savings & Investment Plan sits by total assets

Itc Savings & Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$309,134,106 Top 4% higher than 96% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Itc Savings & Investment Plan reported net income rose from -$53M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Itc Savings & Investment Plan end-of-year assets rose from $249M in the plan year 2022 filing to $309M in the plan year 2023 filing.
  • Itc Savings & Investment Plan reported participants rose from 711 in the plan year 2022 filing to 732 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Michigan
Industry
Utilities

Itc Savings & Investment Plan vs the 2023 asset distribution

By assets, Itc Savings & Investment Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$309M
Net Income$60M
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 Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Itc Savings & Invest…, Total assets ($B): 0.309134106 · Participants: 732Itc Savings & Invest…General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Itc Savings & Investment Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Itc Savings & Investment Plan side-by-side with 3 peers →

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 2023? ▼
Itc Savings & Investment Plan grew sharply - up 24.2% during 2023, from $249M to $309M. Reported net income was $60M.
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 127,072 plans that reported assets for plan year 2023 (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 Oklahoma Heart Hospital and Affiliates 401(k) Plan in OK ($309M, 2,353 participants).

Next read for Itc Savings & Investment Plan

Scale reading

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 810596181.

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.