Other · DOL Form 5500 · 2023

Governing Committee of the Illinois Independent Colleges and Universi Retirement Plan

Data updated 2026-08-11

$460M
Total assets: 1,467
Participants: 97th
Percentile by assets: $313,764
Avg per participant

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

$460M in assets, 1,467 participants

Governing Committee of the Illinois Independent Colleges and Universi's Illinois Independent Colleges and Universities Multiple Employer Plan reported $460M in total assets and 1,467 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#3,588 in Educational Services (3,735 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, $460M for 1,467 participants (~$313,764/participant), up 125.1% in 2023.

$460M
total plan assets (2023 EOY): 1,467
covered participants: 97th
percentile by assets (of 127,072 plans): $313,764
avg assets per participant

Illinois Independent Colleges and Universities Multiple Employer Plan reported net income rose from -$7M in the plan year 2022 filing to $31M in the plan year 2023 filing.
Illinois Independent Colleges and Universities Multiple Employer Plan end-of-year assets rose from $204M in the plan year 2022 filing to $460M in the plan year 2023 filing.
Illinois Independent Colleges and Universities Multiple Employer Plan reported participants rose from 843 in the plan year 2022 filing to 1,467 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Educational Services

Illinois Independent Colleges and Universities Multiple Employer Plan vs the 2023 asset distribution

By assets, Illinois Independent Colleges and Universities Multiple Employer Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$204M
Net Assets (End of Year)	$460M
Net Income	$31M
Employer EIN	200174619
Plan Effective Date	2022-12-01
Filing Status	FILING RECEIVED

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

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

Northwestern University Retirement Plan $4.0B · 9,440
The University of Chicago Contributory Retirement Plan $3.5B · 4,796
Endeavor Health Legacy 403(b) Tax Deferred Annuity Plan for Northshore University Healthsystem Employees $2.0B · 13,705
The University of Chicago Supplemental Retirement Plan $1.7B · 8,254
Argonne National Laboratory 403(b) Employee Retirement Plan $1.6B · 3,798

Compare Illinois Independent Colleges and Univer… side-by-side with 3 peers →

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.

Noblis, Inc. Tax Sheltered Annuity Plan (VA) $458M · 2,170
Nova Southeastern University 403(b) Plan (F/K/a Nova Southeastern University Defined Contribution Retirement Plan) (FL) $457M · 1,563
All Childrens Health System, Inc. 403(b) Savings Plan (FL) $455M · 3,419
Northbay Healthcare 403(b) Retirement Plan (CA) $454M · 2,508

Frequently Asked Questions

How did Illinois Independent Colleges and Universities Multiple Employer Plan assets move in 2023? ▼

Illinois Independent Colleges and Universities Multiple Employer Plan surged - up 125.1% during 2023, from $204M to $460M. Reported net income was $31M.

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 97th 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 Illinois Independent Colleges and Universities Multiple Employer Plan? ▼

Among Other plans in other states, the closest by assets is Noblis, Inc. Tax Sheltered Annuity Plan in VA ($458M, 2,170 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.

By total assets, Illinois Independent Colleges and Universities Multiple Employer Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Other plans in Illinois. Compare plans
Governing Committee of the Illinois Independent Colleges and Universi's sponsor-wide assets have grown 146.2% since 2022 across 3 plan years on file. More Educational Services plans

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 200174619.