Other · DOL Form 5500 · 2024

Governing Committee of the Illinois Independent Colleges and Universi Retirement Plan

Data updated 2026-08-25

$504M
Total assets Above avg plan size
1,508
Participants Near avg headcount
97th
Percentile by assets National rank
$333,906
Avg per participant High balance/head
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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

$504M in assets, 1,508 participants

Governing Committee of the Illinois Independent Colleges and Universi's Illinois Independent Colleges and Universities Multiple Employer Plan reported $504M in total assets and 1,508 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.

  • #3,486 in Educational Services (3,638 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, $504M for 1,508 participants (~$333,906/participant), up 9.4% in 2024.

#3,486
in Educational Services (3,638 peers)
+9.4%
assets growth YoY
5.1×
vs typical plan assets (national mean)

Illinois Independent Colleges and Universities Multiple Employer Plan's outsized position by total assets

Illinois Independent Colleges and Universities Multiple Employer Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$503,529,815 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Illinois Independent Colleges and Universities Multiple Employer Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Illinois Independent Colleges and Universities Multiple Employer Plan lands in the large band (1,508 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Illinois Independent Colleges and Universities Multiple Employer Plan reported net income fell from $31M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Illinois Independent Colleges and Universities Multiple Employer Plan end-of-year assets rose from $460M in the plan year 2023 filing to $504M in the plan year 2024 filing.
  • Illinois Independent Colleges and Universities Multiple Employer Plan reported participants rose from 1,467 in the plan year 2023 filing to 1,508 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 200174619 · Governing Committee of the Illinois Independent Colleges and Universi PY 2024 · Other

Illinois Independent Colleges and Universities Multiple Employer Plan · $504M · 1,508 · 97th

  • VS-ST $504M
  • VS-ST 1,508
  • VS-ST 97th
  • VS-ST Other
  • VS-ST near Stamford Health System Defined Contribution Retirement Plan
  • VS-ST ind #3486

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Illinois →

Illinois Independent Colleges and Universities Multiple Employer Plan in the asset neighbourhood

New York Blood Center Retirement PlanNew York Blood Center Retire…$505MStamford Health System Defined Contribution Retirement PlanStamford Health System Defin…$504MIllinois Independent Colleges and Universities Multiple Employer PlanIllinois Independent College…$504MNorthbay Healthcare 403(b) Retirement PlanNorthbay Healthcare 403(b) R…$501MBentley University Retirement PlanBentley University Retiremen…$500M
End-of-year total assets ($M) among Illinois Independent Colleges and Universities Multiple Employer Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$460M
Net Assets (End of Year)$504M
Net Income$27M
Employer EIN200174619
Plan Effective Date2022-12-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Governing Committee of the Illinois Independent Colleges and Universi plans reported in each filing year

Latest sponsor-wide plan assets
$504M 146.2267520024201% vs 2022
2024 filing year
$100M$200M$300M$400M$500M$600M 202220232024 $205M $504M ▲ +146.2%
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 Scatter plot of 6 data points. 050001000015000 012345 Total assets ($B) Participants Illinois Independent Colleges and Universities Multiple Employer Plan, Total assets ($B): 0.503529815 · Participants: 1508Illinois Independent Colleges and Universities Multiple Employer PlanNorthwestern University Retirement Plan, Total assets ($B): 4.444912336 · Participants: 9328Northwestern University Retirement PlanThe University of Chicago Contributory Retirement Plan, Total assets ($B): 3.844546742 · Participants: 5144The University of Chicago Contributory Retirement PlanEndeavor Health Legacy 403(b) Tax Deferred Annuity Plan for Northshore University Healthsystem Employees, Total assets ($B): 2.087217637 · Participants: 13718Endeavor Health Legacy 403(b) Tax Deferred Annuity Plan for Northshore University Healthsystem EmployeesThe University of Chicago Supplemental Retirement Plan, Total assets ($B): 1.928510315 · Participants: 8635The University of Chicago Supplemental Retirement PlanRush University Medical Center 403(b) Retirement Savings Plan, Total assets ($B): 1.809110747 · Participants: 13592Rush University Medical Center 403(b) Retirement Savings Plan
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's out-of-state Other peers by assets and headcount

Outside Illinois, the nearest Other by assets is Stamford Health System Defined Contribution Retirement Plan in CT ($504M); by covered participants it is Jewish Federation of Southern New Jersey 403(b) Plan in NJ (1,507 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($504M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,508 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Illinois Independent Colleges and Universities Multiple Employer Plan assets move in 2024?
Illinois Independent Colleges and Universities Multiple Employer Plan grew at a solid clip - up 9.4% during 2024, from $460M to $504M. Reported net income was $27M.
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 123,622 plans that reported assets for plan year 2024 (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 Stamford Health System Defined Contribution Retirement Plan in CT ($504M, 3,706 participants).
Which Other plans cover a similar participant headcount to Illinois Independent Colleges and Universities Multiple Employer Plan?
Among Other plans in other states, the closest by covered participants is Jewish Federation of Southern New Jersey 403(b) Plan in NJ (1,507 participants, $12M in assets).