Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

IAICU MULTIPLE EMPLOYER PLAN

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

IOWA INDEPENDENT HIGHER EDUCATION RESEARCH FOUNDATION

This Profit Sharing plan holds $593M in total assets and serves 2,396 participants as of 2023. It is sponsored by IOWA INDEPENDENT HIGHER EDUCATION RESEARCH FOUNDATION in Iowa. The plan reported positive net income of $33M for the year.

Total Assets (2023)
$593M
Participants
2,396
State
Industry
Educational Services

What the Filing Says About IAICU MULTIPLE EMPLOYER PLAN

IAICU MULTIPLE EMPLOYER PLAN is a Profit Sharing retirement plan sponsored by IOWA INDEPENDENT HIGHER EDUCATION RESEARCH FOUNDATION, headquartered in Iowa. As of the 2023 Form 5500 filing, the plan reports $593M in total end-of-year assets and covers 2,396 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 421420268, and the plan has been effective since 2021-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $496M at the beginning of 2023 to $593M at year-end — a gain of 19.6%. Net assets (after liabilities) closed the year at $593M, with reported net income of $33M 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)$496M
Total Assets (End of Year)$593M
Net Assets (End of Year)$593M
Net Income$33M
Plan TypeProfit Sharing
Employer EIN421420268
Plan Effective Date2021-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IOWA INDEPENDENT HIGHER EDUCATION RESEARCH FOUNDATION)

Year Plans Participants Total Assets
2022 1 2,131 $496M
2023 1 2,396 $593M
2024 1 2,554 $621M

Nearby Profit Sharing Plans in Iowa

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

Frequently Asked Questions

How much money is in the IAICU MULTIPLE EMPLOYER PLAN?
As of the 2023 Form 5500 filing, IAICU MULTIPLE EMPLOYER PLAN holds $593M in total assets with 2,396 participants. It is sponsored by IOWA INDEPENDENT HIGHER EDUCATION RESEARCH FOUNDATION.
What type of plan is IAICU MULTIPLE EMPLOYER PLAN?
IAICU MULTIPLE EMPLOYER PLAN is a Profit Sharing plan. It has been effective since 2021-10-01. The plan is filed with the U.S. Department of Labor under EIN 421420268.
Who sponsors the IAICU MULTIPLE EMPLOYER PLAN?
IAICU MULTIPLE EMPLOYER PLAN is sponsored by IOWA INDEPENDENT HIGHER EDUCATION RESEARCH FOUNDATION, located in Iowa. The sponsor's EIN is 421420268 and the plan operates in the Educational Services industry.
How did IAICU MULTIPLE EMPLOYER PLAN perform in 2023?
IAICU MULTIPLE EMPLOYER PLAN grew by 19.6% during 2023, moving from $496M to $593M in total assets. Net income was $33M.
Where can I find official filings for IAICU MULTIPLE EMPLOYER PLAN?
Official Form 5500 filings for IAICU MULTIPLE EMPLOYER PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421420268 or plan name at efast.dol.gov.
How does IAICU MULTIPLE EMPLOYER PLAN compare to other plans?
You can compare IAICU MULTIPLE EMPLOYER PLAN against other Profit Sharing plans on the plan type page, or view plans in Iowa 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 421420268.

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 official public datasets. See our methodology for details.