Other · DOL Form 5500 · 2022

Governing Committee of the Illinois Independent Colleges and Universi Retirement Plan

Data updated 2026-08-11

$204M
Total assets
843
Participants
96th
Percentile by assets
$242,584
Avg per participant
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Official DOL plan name: Illinois Independent Colleges and Universities Multiple Employer Plan · Sponsored by Governing Committee of the Illinois Independent Colleges and Universi · Illinois · Educational Services

$204M in assets, 843 participants

Governing Committee of the Illinois Independent Colleges and Universi's Illinois Independent Colleges and Universities Multiple Employer Plan reported $204M in total assets and 843 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #3,733 in Educational Services (4,024 peers)

Where Illinois Independent Colleges and Universities Multiple Employer Plan sits by assets

Illinois Independent Colleges and Universities Multiple Employer Plan sits in the top 5% of all filed plans by assets, $204M for 843 participants (~$242,584/participant).

$204M
total plan assets (2022 EOY)
843
covered participants
96th
percentile by assets (of 139,126 plans)
$242,584
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Illinois Independent Colleges and Universities Multiple Employer Plan vs the 2022 asset distribution

By assets, Illinois Independent Colleges and Universities Multiple Employer Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$204M
Net Income-$7M
Employer EIN200174619
Plan Effective Date2022-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Governing Committee of the Illinois Independent Colleges and Universi)

$100M$200M$300M$400M$500M$600M 202220232024 $205M $504M â–˛ +146.2%
Total plan assets by year, all Governing Committee of the Illinois Independent Colleges and Universi plans on file
Year Plans Participants Total Assets
2022 1 843 $204M
2023 1 1,467 $460M
2024 1 1,508 $504M

Nearby Other Plans in Illinois

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

Illinois Independent Colleges and Universities Multiple Employer Plan vs. nearby Other plans in Illinois, assets vs. participants

Illinois Independent Colleges and Universities Multiple Employer Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants Illinois Independent…Washington Universit…Northwestern Univers…The University of Ch…Northshore Universit…The University of Ch…
Illinois Independent Colleges and Universities Multiple Employer Plan vs. nearby Other plans in Illinois, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Illinois Independent Colleges and Universities Multiple Employer Plan by total assets, not by location.

Frequently Asked Questions

How have Governing Committee of the Illinois Independent Colleges and Universi plan assets changed over time?
Across 3 plan years on file (2022-2024), Governing Committee of the Illinois Independent Colleges and Universi's sponsor-wide assets grew 146.2%, from $204M to $504M.
Where does Illinois Independent Colleges and Universities Multiple Employer Plan rank by assets among Form 5500 filers?
Illinois Independent Colleges and Universities Multiple Employer Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Illinois Independent Colleges and Universities Multiple Employer Plan?
Among Other plans in other states, the closest by assets is Public Health Institute 403(b) Retirement Plan in CA ($205M, 1,040 participants).

Next read for Illinois Independent Colleges and Univer…

Scale reading

Ways to act on Illinois Independent Colleges and Universities Multiple Employer Plan's numbers.