Other · DOL Form 5500 · 2024

Georgia Independent College Association, Inc Retirement Plan

Data updated 2026-07-24

$91M
Total assets
862
Participants
90th
Percentile by assets
$105,360
Avg per participant
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Official DOL plan name: Gica Multiple Employer Plan · Sponsored by Georgia Independent College Association, Inc · Georgia · Educational Services

$91M in assets, 862 participants

Georgia Independent College Association, Inc's Gica Multiple Employer Plan reported $91M in total assets and 862 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 116,472 plans)

Where Gica Multiple Employer Plan sits by assets

Gica Multiple Employer Plan sits in the top 10% of all filed plans by assets, $91M for 862 participants (~$105,360/participant), up 4.2% in 2024.

$91M
total plan assets (2024 EOY)
862
covered participants
90th
percentile by assets (of 116,472 plans)
$105,360
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gica Multiple Employer Plan reported participants rose from 755 in the plan year 2023 filing to 862 in the plan year 2024 filing.
  • Gica Multiple Employer Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Gica Multiple Employer Plan end-of-year assets rose from $87M in the plan year 2023 filing to $91M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Gica Multiple Employer Plan vs the 2024 asset distribution

By assets, Gica Multiple Employer Plan outranks 90% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$91M
Net Income$4M
Employer EIN580684740
Plan Effective Date2023-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Georgia Independent College Association, Inc)

$86M$88M$90M$92M 20232024 $87.2M $90.8M ▲ +4.2%
Total plan assets by year, all Georgia Independent College Association, Inc plans on file
Year Plans Participants Total Assets
2023 1 755 $87M
2024 1 862 $91M

Nearby Other Plans in Georgia

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

Gica Multiple Employer Plan vs. nearby Other plans in Georgia, assets vs. participants

Gica Multiple Employer Plan vs. nearby Other plans in Georgia, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 00.511.52 Total assets ($B) Participants Gica Multiple Employ…Northside Hospital 4…Childrens Healthcare…IBEW Local 613 Defin…Navicent Health 403(…Mercer University De…
Gica Multiple Employer Plan vs. nearby Other plans in Georgia, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Gica Multiple Employer Plan by total assets, not by location.

Frequently Asked Questions

How did Gica Multiple Employer Plan assets move in 2024?
Gica Multiple Employer Plan edged up modestly - up 4.2% during 2024, from $87M to $91M. Reported net income was $4M.
How have Georgia Independent College Association, Inc plan assets changed over time?
Across 2 plan years on file (2023-2024), Georgia Independent College Association, Inc's sponsor-wide assets grew 4.2%, from $87M to $91M.
Where does Gica Multiple Employer Plan rank by assets among Form 5500 filers?
Gica Multiple Employer Plan ranks in the 90th 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 Gica Multiple Employer Plan?
Among Other plans in other states, the closest by assets is Hopkins School Defined Contribution Retirement Plan in CT ($91M, 197 participants).

Scale reading

Ways to act on Gica Multiple Employer 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 580684740.

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