Other · DOL Form 5500 · 2023

Iowa Independent Higher Education Research Foundation Retirement Plan

Data updated 2026-08-25

$593M
Total assets Above avg plan size
2,396
Participants Above avg headcount
98th
Percentile by assets National rank
$247,598
Avg per participant Above avg balance/head
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Official DOL plan name: Iaicu Multiple Employer Plan · Sponsored by Iowa Independent Higher Education Research Foundation · Iowa · Educational Services

$593M in assets, 2,396 participants

Iowa Independent Higher Education Research Foundation's Iaicu Multiple Employer Plan reported $593M in total assets and 2,396 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #3,620 in Educational Services (3,735 peers)

Coverage in Iowa

Iaicu Multiple Employer Plan covers 2,396 participants in Iowa, 3.9x the typical Iowa plan (state average ~609 per filing). Assets: $593M.

#3,620
in Educational Services (3,735 peers)
+19.6%
assets growth YoY
6.0×
vs typical plan assets (national mean)

Iaicu Multiple Employer Plan's outsized position by total assets

Iaicu Multiple Employer Plan vs every filed plan by assets

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

$593,244,111 Top 2% higher than 98% 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

Iaicu Multiple Employer 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. Iaicu Multiple Employer Plan lands in the large band (2,396 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iaicu Multiple Employer Plan reported net income rose from -$72M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Iaicu Multiple Employer Plan end-of-year assets rose from $496M in the plan year 2022 filing to $593M in the plan year 2023 filing.
  • Iaicu Multiple Employer Plan reported participants rose from 2,131 in the plan year 2022 filing to 2,396 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 421420268 · Iowa Independent Higher Education Research Foundation PY 2023 · Other

Iaicu Multiple Employer Plan · $593M · 2,396 · 98th

  • SCH $593M
  • EBSA 2,396
  • PART 98th
  • TYPE Other
  • NET near Ithaca College 403(b) Retirement Plan
  • BOOK ind #3620

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 Iowa →

Iaicu Multiple Employer Plan in the asset neighbourhood

IBEW Local 351 Surety Plan$602MIthaca College 403(b) Retirement PlanIthaca College 403(b) Retire…$597MIaicu Multiple Employer Plan$593MThe Retirementplus Retirement Plan for Employees of Mount AuburnThe Retirementplus Retiremen…$588MUmass Memorial Health Care 403(b) PlanUmass Memorial Health Care 4…$585M
End-of-year total assets ($M) among Iaicu Multiple Employer Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$496M
Net Assets (End of Year)$593M
Net Income$33M
Employer EIN421420268
Plan Effective Date2021-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iowa Independent Higher Education Research Foundation)

Sponsor-wide plan assets over time

All Iowa Independent Higher Education Research Foundation plans reported in each filing year

Latest sponsor-wide plan assets
$621M 25.296017015123322% vs 2022
2024 filing year
$450M$500M$550M$600M$650M 202220232024 $496M $621M ▲ +25.3%
Year Plans Participants Total Assets
2022 1 2,131 $496M
2023 1 2,396 $593M
2024 1 2,554 $621M

Nearby Other Plans in Iowa

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

Iaicu Multiple Employer Plan vs. nearby Other plans in Iowa, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0200400600800 Total assets ($M) Participants Iaicu Multiple Employer Plan, Total assets ($M): 593.244111 · Participants: 2396Iaicu Multiple Employer PlanAct, Inc. Defined Contribution Retirement Plan, Total assets ($M): 425.690125 · Participants: 1043Act, Inc. Defined Contribution Retirement PlanGrinnell College Employees Retirement Savings Plan, Total assets ($M): 352.550863 · Participants: 810Grinnell College Employees Retirement Savings PlanGenesis Health System Retirement Savings Plan, Total assets ($M): 344.594954 · Participants: 4651Genesis Health System Retirement Savings PlanDrake University Mandatory Tax-Deferred Annuity Retirement Plan, Total assets ($M): 277.013704 · Participants: 1224Drake University Mandatory Tax-Deferred Annuity Retirement PlanSt. Ambrose University Defined Contribution Plan, Total assets ($M): 117.936138 · Participants: 686St. Ambrose University Defined Contribution Plan
Iaicu Multiple Employer Plan vs. nearby Other plans in Iowa, assets vs. participants
Compare Iaicu Multiple Employer Plan side-by-side with 3 peers →

Iaicu Multiple Employer Plan's out-of-state Other peers by assets and headcount

Outside Iowa, the nearest Other by assets is Ithaca College 403(b) Retirement Plan in NY ($597M); by covered participants it is Froedtert South, Inc. Matched 403(b) Retirement Savings Plan in WI (2,397 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($593M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,396 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 Iaicu Multiple Employer Plan assets move in 2023? ▼
Iaicu Multiple Employer Plan grew sharply - up 19.6% during 2023, from $496M to $593M. Reported net income was $33M.
How have Iowa Independent Higher Education Research Foundation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iowa Independent Higher Education Research Foundation's sponsor-wide assets grew 25.3%, from $496M to $621M.
Where does Iaicu Multiple Employer Plan rank by assets among Form 5500 filers? ▼
Iaicu Multiple Employer Plan ranks in the 98th 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 Other plans are similar in size to Iaicu Multiple Employer Plan? ▼
Among Other plans in other states, the closest by assets is Ithaca College 403(b) Retirement Plan in NY ($597M, 1,569 participants).
Which Other plans cover a similar participant headcount to Iaicu Multiple Employer Plan? ▼
Among Other plans in other states, the closest by covered participants is Froedtert South, Inc. Matched 403(b) Retirement Savings Plan in WI (2,397 participants, $77M 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 421420268.

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.