Other · DOL Form 5500 · 2024

Governing Committee of the Illinois Independent Colleges and Universi Retirement Plan

Data updated 2026-07-24

$504M
Total assets
1,508
Participants
97th
Percentile by assets
$333,906
Avg per participant
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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.

  • 97th percentile by assets (of 116,472 plans)

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.

$504M
total plan assets (2024 EOY)
1,508
covered participants
97th
percentile by assets (of 116,472 plans)
$333,906
avg assets per participant

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 →

Illinois Independent Colleges and Universities Multiple Employer Plan vs the 2024 asset distribution

By assets, Illinois Independent Colleges and Universities Multiple Employer Plan outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 5.0x the national average plan size of $100M (730 average participants).

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)

$100M$200M$300M$400M$500M$600M 202220232024 $205M $504M ▲ +146.2%
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

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…Northwestern Univers…The University of Ch…Endeavor Health Lega…The University of Ch…Rush University Medi…
Illinois Independent Colleges and Universities Multiple Employer Plan vs. nearby Other plans in Illinois, assets vs. participants

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.

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 116,472 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).

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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200174619.

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