401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$34M
Total assets Below avg plan size
411
Participants Below avg headcount
81st
Percentile by assets National rank
$83,609
Avg per participant Below avg 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

$34M in assets, 411 participants

I.C. System, Inc.'s I.C. System, Inc. Savings Plus Plan reported $34M in total assets and 411 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #3,955 in Administrative & Support Services (4,372 peers)

Coverage in Minnesota

I.C. System, Inc. Savings Plus Plan covers 411 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $34M.

#3,955
in Administrative & Support Services (4,372 peers)
+5.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$34,363,459 Top 19% higher than 81% of 127,068 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 2023

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

Plan-year 2023 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 (411 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.C. System, Inc. Savings Plus Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • I.C. System, Inc. Savings Plus Plan reported participants fell from 575 in the plan year 2022 filing to 411 in the plan year 2023 filing.
  • I.C. System, Inc. Savings Plus Plan end-of-year assets rose from $33M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410739183 · I.C. System, Inc. PY 2023 · 401(k)

I.C. System, Inc. Savings Plus Plan · $34M · 411 · 81st

  • SCH $34M
  • EBSA 411
  • PART 81st
  • TYPE 401(k)
  • NET near Savantage Financial Services, Inc. 401(k) Savings Plan
  • BOOK ind #3955

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

Savantage Financial Services, Inc. 401(k) Savings PlanSavantage Financial Services…$34MAvports LLC 401(k) Plan$34MI.C. System, Inc. Savings Plus PlanI.C. System, Inc. Savings Pl…$34MCountry Pure Foods 401(k) PlanCountry Pure Foods 401(k) Pl…$34MHaag Engineering Co. Employees Profit Sharing/401(k) Plan and TrustHaag Engineering Co. Employe…$34M
End-of-year total assets ($M) among I.C. System, Inc. Savings Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$34M
Net Income$2M
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 -50510152025 Total assets ($B) Participants I.C. System, Inc. Savings Plus Plan, Total assets ($B): 0.034363459 · Participants: 411I.C. System, Inc. Savings Plus PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.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 Savantage Financial Services, Inc. 401(k) Savings Plan in MD ($34M); by covered participants it is Mcguire Management Group 401(k) Plan in FL (411 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (411 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
I.C. System, Inc. Savings Plus Plan edged up modestly - up 5.0% during 2023, from $33M to $34M. Reported net income was $2M.
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 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Savantage Financial Services, Inc. 401(k) Savings Plan in MD ($34M, 116 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 Mcguire Management Group 401(k) Plan in FL (411 participants, $2M in assets).

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 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.