Other · DOL Form 5500 · 2024

Independent Colleges of Indiana Association, Inc Retirement Plan

Data updated 2026-07-24

$481M
Total assets
2,722
Participants
97th
Percentile by assets
$176,568
Avg per participant

Official DOL plan name: Ici Multiple Employer Plan · Sponsored by Independent Colleges of Indiana Association, Inc · Indiana · Educational Services

Independent Colleges of Indiana Association, Inc's Ici Multiple Employer Plan reported $481M in total assets and 2,722 participants in its 2024 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.

What the 2024 filing shows

Ici Multiple Employer Plan holds $481M for 2,722 participants - about $176,568 per participant, in the top 5% of all filed plans by assets, up 7.2% over the 2024 plan year.

$481M
total plan assets (2024 EOY)
2,722
covered participants
97th
percentile by assets (of 116,472 plans)
$176,568
avg assets per participant
State
Industry
Educational Services

Other · DOL Form 5500 · 2024

What the Filing Says About Ici Multiple Employer Plan

Ici Multiple Employer Plan is an Other retirement plan sponsored by Independent Colleges of Indiana Association, Inc, headquartered in Indiana. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $481M in total end-of-year assets and covers 2,722 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 grew at a solid clip from $449M at the beginning of 2024 to $481M at year-end - up 7.2%. Net assets (after liabilities) closed the year at $481M, with reported net income of $32M 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.

Across the 3 plan years Independent Colleges of Indiana Association, Inc has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $409M to $481M, a gain of 17.6%, while reported participants moved from 2,630 to 2,722 (+3.5%). The strongest year on file by total sponsor assets was 2024 at $481M; the softest was 2022 at $409M. Year-by-year, sponsor-wide filings show: 2022 - $409M in assets across 1 plan covering 2,630 participants; 2023 - $449M in assets across 1 plan covering 2,656 participants; 2024 - $481M in assets across 1 plan covering 2,722 participants.

By assets, Ici Multiple Employer Plan outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.8x the national average plan size of $100M and 730 average participants.

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.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Ici Multiple Employer Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$449M
Total Assets (End of Year)$481M
Net Assets (End of Year)$481M
Net Income$32M
Plan TypeOther
Employer EIN310901001
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Colleges of Indiana Association, Inc)

$400M$450M$500M 202220232024 $409M $481M ▲ +17.6%
Total plan assets by year, all Independent Colleges of Indiana Association, Inc 401(k) plans on file
Year Plans Participants Total Assets
2022 1 2,630 $409M
2023 1 2,656 $449M
2024 1 2,722 $481M

Nearby Other Plans in Indiana

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

Ici Multiple Employer Plan vs. nearby Other plans in Indiana, assets vs. participants

Ici Multiple Employer Plan vs. nearby Other plans in Indiana, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 2004006008001000 Total assets ($M) Participants Ici Multiple Employe…Parkview Health Syst…Beacon Retirement Sa…Community Foundation…Butler University Re…Depauw University Re…
Ici Multiple Employer Plan vs. nearby Other plans in Indiana, assets vs. participants

Frequently Asked Questions

How much money is in the Ici Multiple Employer Plan?
As of the 2024 Form 5500 filing, Ici Multiple Employer Plan holds $481M in total assets with 2,722 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 an Other 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 2024?
Ici Multiple Employer Plan grew at a solid clip - up 7.2% during 2024, moving from $449M to $481M in total assets. Net income was $32M.

What this filing means

Ways to act on Ici Multiple Employer Plan's numbers.

  • By total assets, Ici 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 Indiana. Compare plans
  • Independent Colleges of Indiana Association, Inc's sponsor-wide assets have grown 17.6% since 2022 across 3 plan years on file. More Educational Services plans
  • An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-24.