Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

ICI MULTIPLE EMPLOYER PLAN

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

INDEPENDENT COLLEGES OF INDIANA ASSOCIATION, INC

This Profit Sharing plan holds $449M in total assets and serves 2,656 participants as of 2023. It is sponsored by INDEPENDENT COLLEGES OF INDIANA ASSOCIATION, INC in Indiana. The plan reported positive net income of $40M for the year.

Total Assets (2023)
$449M
Participants
2,656
State
Industry
Educational Services

What the Filing Says About ICI MULTIPLE EMPLOYER PLAN

ICI MULTIPLE EMPLOYER PLAN is a Profit Sharing retirement plan sponsored by INDEPENDENT COLLEGES OF INDIANA ASSOCIATION, INC, headquartered in Indiana. As of the 2023 Form 5500 filing, the plan reports $449M in total end-of-year assets and covers 2,656 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 310901001, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $409M at the beginning of 2023 to $449M at year-end — a gain of 9.7%. Net assets (after liabilities) closed the year at $449M, with reported net income of $40M 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)$409M
Total Assets (End of Year)$449M
Net Assets (End of Year)$449M
Net Income$40M
Plan TypeProfit Sharing
Employer EIN310901001
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (INDEPENDENT COLLEGES OF INDIANA ASSOCIATION, INC)

Year Plans Participants Total Assets
2022 1 2,630 $409M
2023 1 2,656 $449M
2024 1 2,722 $481M

Nearby Profit Sharing Plans in Indiana

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

Frequently Asked Questions

How much money is in the ICI MULTIPLE EMPLOYER PLAN?
As of the 2023 Form 5500 filing, ICI MULTIPLE EMPLOYER PLAN holds $449M in total assets with 2,656 participants. It is sponsored by INDEPENDENT COLLEGES OF INDIANA ASSOCIATION, INC.
What type of plan is ICI MULTIPLE EMPLOYER PLAN?
ICI MULTIPLE EMPLOYER PLAN is a Profit Sharing plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 310901001.
Who sponsors the ICI MULTIPLE EMPLOYER PLAN?
ICI MULTIPLE EMPLOYER PLAN is sponsored by INDEPENDENT COLLEGES OF INDIANA ASSOCIATION, INC, located in Indiana. The sponsor's EIN is 310901001 and the plan operates in the Educational Services industry.
How did ICI MULTIPLE EMPLOYER PLAN perform in 2023?
ICI MULTIPLE EMPLOYER PLAN grew by 9.7% during 2023, moving from $409M to $449M in total assets. Net income was $40M.
Where can I find official filings for ICI MULTIPLE EMPLOYER PLAN?
Official Form 5500 filings for ICI MULTIPLE EMPLOYER PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 310901001 or plan name at efast.dol.gov.
How does ICI MULTIPLE EMPLOYER PLAN compare to other plans?
You can compare ICI MULTIPLE EMPLOYER PLAN against other Profit Sharing plans on the plan type page, or view plans in Indiana 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 310901001.

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.