Other · DOL Form 5500 · 2024

Florida Institute of Technology Retirement Plan

Data updated 2026-07-24

$180M
Total assets
1,329
Participants
94th
Percentile by assets
$135,181
Avg per participant
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Official DOL plan name: Florida Tech Retirement Plan · Sponsored by Florida Institute of Technology · Florida · Educational Services

$180M in assets, 1,329 participants

Florida Institute of Technology's Florida Tech Retirement Plan reported $180M in total assets and 1,329 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 116,472 plans)

Coverage in Florida

Florida Tech Retirement Plan covers 1,329 participants in Florida, 2.1x the typical Florida plan (state average ~631 per filing). Assets: $180M.

$180M
total plan assets (2024 EOY)
1,329
covered participants
94th
percentile by assets (of 116,472 plans)
$135,181
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Florida Tech Retirement Plan reported net income fell from $24M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Florida Tech Retirement Plan end-of-year assets rose from $160M in the plan year 2023 filing to $180M in the plan year 2024 filing.
  • Florida Tech Retirement Plan reported participants rose from 1,291 in the plan year 2023 filing to 1,329 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Florida Tech Retirement Plan reports 1,329 participants - 2.1x that state average ($180M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$160M
Net Assets (End of Year)$180M
Net Income$20M
Employer EIN596046500
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Florida Institute of Technology)

$120M$140M$160M$180M$200M 202220232024 $136M $180M ▲ +32.4%
Total plan assets by year, all Florida Institute of Technology plans on file
Year Plans Participants Total Assets
2022 1 1,320 $136M
2023 1 1,291 $160M
2024 1 1,329 $180M

Nearby Other Plans in Florida

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

Florida Tech Retirement Plan vs. nearby Other plans in Florida, assets vs. participants

Florida Tech Retirement Plan vs. nearby Other plans in Florida, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 0123 Total assets ($B) Participants Florida Tech Retirem…Baptist Health South…University of Miami …Orlando Health Retir…The Nemours Foundati…Lee Health System 40…
Florida Tech Retirement Plan vs. nearby Other plans in Florida, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Florida Tech Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Florida Tech Retirement Plan assets move in 2024?
Florida Tech Retirement Plan grew at a solid clip - up 12.6% during 2024, from $160M to $180M. Reported net income was $20M.
How have Florida Institute of Technology plan assets changed over time?
Across 3 plan years on file (2022-2024), Florida Institute of Technology's sponsor-wide assets grew 32.4%, from $136M to $180M.
Where does Florida Tech Retirement Plan rank by assets among Form 5500 filers?
Florida Tech Retirement Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Florida Tech Retirement Plan?
Among Other plans in other states, the closest by assets is El Rio Santa Cruz Neighborhood Health Center, Inc. Retirement Plan in AZ ($180M, 1,976 participants).

Filing takeaways

Ways to act on Florida Tech Retirement Plan's numbers.

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 596046500.

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