Other · DOL Form 5500 · 2023

Florida Institute of Technology Retirement Plan

Data updated 2026-08-25

$160M
Total assets Near avg plan size
1,291
Participants Near avg headcount
94th
Percentile by assets National rank
$123,579
Avg per participant Near avg balance/head
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Official DOL plan name: Florida Tech Retirement Plan · Sponsored by Florida Institute of Technology · Florida · Educational Services

$160M in assets, 1,291 participants

Florida Institute of Technology's Florida Tech Retirement Plan reported $160M in total assets and 1,291 participants in its 2023 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.

  • #3,341 in Educational Services (3,735 peers)

Coverage in Florida

Florida Tech Retirement Plan covers 1,291 participants in Florida, 2.1x the typical Florida plan (state average ~628 per filing). Assets: $160M.

#3,341
in Educational Services (3,735 peers)
+17.6%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Florida Tech Retirement Plan's outsized position by total assets

Florida Tech Retirement Plan vs every filed plan by assets

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

$159,539,880 Top 6% higher than 94% 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

Florida Tech Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Florida Tech Retirement Plan lands in the large band (1,291 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Florida Tech Retirement Plan reported net income rose from -$21M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Florida Tech Retirement Plan end-of-year assets rose from $136M in the plan year 2022 filing to $160M in the plan year 2023 filing.
  • Florida Tech Retirement Plan reported participants fell from 1,320 in the plan year 2022 filing to 1,291 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 596046500 · Florida Institute of Technology PY 2023 · Other

Florida Tech Retirement Plan · $160M · 1,291 · 94th

  • PCT $160M
  • PCT 1,291
  • PCT 94th
  • PCT Other
  • PCT near Hamline University 403(b) Retirement Plan
  • PCT ind #3341

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 Educational Services retirement plans → · Plans in Florida →

Florida Tech Retirement Plan in the asset neighbourhood

Local Union 317 Electrical Pension PlanLocal Union 317 Electrical P…$160MBank Street College of Education Defined Contribution PlanBank Street College of Educa…$160MAppalachian Regional Healthcare, Inc. Thrift PlanAppalachian Regional Healthc…$160MFlorida Tech Retirement Plan$160MHamline University 403(b) Retirement PlanHamline University 403(b) Re…$160M
End-of-year total assets ($M) among Florida Tech Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$136M
Net Assets (End of Year)$160M
Net Income$24M
Employer EIN596046500
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Florida Institute of Technology)

Sponsor-wide plan assets over time

All Florida Institute of Technology plans reported in each filing year

Latest sponsor-wide plan assets
$180M 32.44480597546492% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $136M $180M ▲ +32.4%
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 Scatter plot of 6 data points. -100000100002000030000 00.511.522.5 Total assets ($B) Participants Florida Tech Retirement Plan, Total assets ($B): 0.15953988 · Participants: 1291Florida Tech Retirement PlanBaptist Health South Florida, Inc. 403(b) Employee Retirement Plan, Total assets ($B): 2.330892261 · Participants: 25214Baptist Health South Florida, Inc. 403(b) Employee Retirement PlanUniversity of Miami Retirement Savings Plan, Total assets ($B): 1.720804746 · Participants: 12683University of Miami Retirement Savings PlanOrlando Health Retirement Savings Plan 403b, Total assets ($B): 1.55865765 · Participants: 26087Orlando Health Retirement Savings Plan 403bDefined Contribution Retirement Plan for Faculty of the University of Miami, Total assets ($B): 1.145895297 · Participants: 972Defined Contribution Retirement Plan for Faculty of the University of MiamiThe Nemours Foundation Section 403(b) Plan, Total assets ($B): 1.13466821 · Participants: 8505The Nemours Foundation Section 403(b) Plan
Florida Tech Retirement Plan vs. nearby Other plans in Florida, assets vs. participants

Florida Tech Retirement Plan's out-of-state Other peers by assets and headcount

Outside Florida, the nearest Other by assets is Hamline University 403(b) Retirement Plan in MN ($160M); by covered participants it is Goodwill Industries of North Central Wisconsin, Inc. 403(b) Retirement Plan in WI (1,290 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,291 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 Florida Tech Retirement Plan assets move in 2023?
Florida Tech Retirement Plan grew sharply - up 17.6% during 2023, from $136M to $160M. Reported net income was $24M.
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 127,072 plans that reported assets for plan year 2023 (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 Hamline University 403(b) Retirement Plan in MN ($160M, 432 participants).
Which Other plans cover a similar participant headcount to Florida Tech Retirement Plan?
Among Other plans in other states, the closest by covered participants is Goodwill Industries of North Central Wisconsin, Inc. 403(b) Retirement Plan in WI (1,290 participants, $23M in assets).