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Original filing (PDF)20251014123713NAL0005857282001
GOVERNING COMMITTEE OF THE ILLINOIS INDEPENDENT COLLEGES AND UNIVERSI
Form 5500
FILING_RECEIVED
ILLINOIS INDEPENDENT COLLEGES AND UNIVERSITIES MULTIPLE EMPLOYER PLAN
403(b) retirement plan
Signals · 2
No recordkeeper disclosed7 service providers
Active participants
1,567
Accounts w/ balance
3,991
Plan assets (EOY)
$503.5M
Net assets (EOY)
$503.5M
How this plan invests
This plan
1 pooled trust
Schedule D
59 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 18 bps in Schedule C fees — 198% above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GOVERNING COMMITTEE OF THE ILLINOIS INDEPENDENT COLLEGES AND UNIVERSI.
Plan sponsor
Name
GOVERNING COMMITTEE OF THE ILLINOIS INDEPENDENT COLLEGES AND UNIVERSI
EIN
20-0174619
Address
1123 S. SECOND STREET · SPRINGFIELD, IL · 62704
Phone
(217) 522-8655
Industry
Educational Servicessee all
Plan administrator
Name
PENTEGRA SERVICES, INC.
EIN
13-3745616
City
WHITE PLAINS, NY
Phone
(844) 367-2848
Plan characteristics
Plan number
333
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
Audit & trust (Schedule H)
Auditor
SIKICH CPA LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
7 rowsAdvisor / Consultant
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MILLENNIUM ADVISORY SERVICES, INC. | 54-2020086 | GLEN ALLEN, VA | INVESTMENT ADVISOR | $400K | — |
| PLANPILOT, LLC | 45-4168388 | CHICAGO, IL | ADVISOR | $195K | — |
| TIAA-TEACHERS INSURANCE AND ANNUITY | 13-1624203 | NEW YORK, NY | INVESTMENT ADVISOR | $152K | — |
| PRM CONSULTING | 52-2156813 | WASHINGTON, DC | ADVISOR | $14K | — |
| RIGGS CNSLMN MICHAELS & DOWNES INC | 52-0555835 | BALTIMORE, MD | ADVISOR | $11K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PENTEGRA SERVICES, INC. | 13-3745616 | WHITE PLAINS, NY | TPA | $83K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SIKICH LLP | 36-3168081 | NAPERVILLE, IL | AUDITOR | $46K | — |
Investments
58 direct securities · 1 pooled fund· $503.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$474.2M
57 holdings
Mutual Funds
$19.0M
1 holding
Pooled Separate Account
$10.1M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Non-Fully Benefit-Responsive Investment Contracts * TIAA Traditional Non Benefit Responsive | — | — | — | $92.7M | 18.4% | |
| Registered Investment Companies * CREF Stock R2 | — | — | — | $90.1M | 17.9% | |
| Vanguard Inst Idx Inst | — | — | — | $69.3M | 13.8% | |
| CREF Growth R2 | — | — | — | $28.7M | 5.7% | |
| TIAA Traditional Benefit Responsive 2 | — | — | — | $23.3M | 4.6% | |
| CREF Equity Index R2 | — | — | — | $22.7M | 4.5% | |
| Fully Benefit-Responsive Investment Contracts * TIAA Traditional Benefit Responsive | — | — | — | $22.5M | 4.5% | |
| CREF Global Equities R2 | — | — | — | $22.3M | 4.4% | |
| and Money Market Mutual Fund American Funds American EuroPac Growth R6 | Mutual Funds | — | — | $19.0M | 3.8% | |
| CREF Social Choice R2 | — | — | — | $17.0M | 3.4% | |
| TIAA REAL ESTATE TIAA-CREF · EIN 13-1624203 / PN 004 | Pooled Separate Account | — | — | $10.1M | 2.0% | |
| CREF Core Bond R2 | — | — | — | $9.8M | 1.9% | |
| American Funds American Fd New Perspective R6 | — | — | — | $8.6M | 1.7% | |
| Vanguard Small-Cap Idx Adm | — | — | — | $8.1M | 1.6% | |
| PIMCO High Yield Institutional | — | — | — | $6.7M | 1.3% | |
| Vanguard Ttl Intl Stk Idx Inst | — | — | — | $6.0M | 1.2% | |
| CREF Inflation-Linked Bond R2 | — | — | — | $5.8M | 1.1% | |
| CREF Money Market R2 | — | — | — | $5.7M | 1.1% | |
| PIMCO Intl Bd USDolHed Inst | — | — | — | $4.9M | 1.0% | |
| Vanguard Intr-Trm Bnd Idx Adm | — | — | — | $4.8M | 1.0% | |
| Baird Aggregate Bond Inst | — | — | — | $4.1M | 0.8% | |
| Vanguard Mid-Cap Idx Adm | — | — | — | $2.4M | 0.5% | |
| PIMCO Income Fd Institutional | — | — | — | $2.4M | 0.5% | |
| Vanguard Infl Protect Sec Adm | — | — | — | $1.7M | 0.3% | |
| TIAA Traditional Non Benefit Responsive 2 | — | — | — | $1.5M | 0.3% | |
| Eaton Vance EatonVanceEmergingMrktsLclIncI | — | — | — | $1.5M | 0.3% | |
| TIAA Access Nuv LifCyc 2045 T4 | — | — | — | $1.4M | 0.3% | |
| TIAA Access Nuv LifCyc 2050 T4 | — | — | — | $1.2M | 0.2% | |
| TIAA Stable Value | — | — | — | $1.1M | 0.2% | |
| TIAA Access Nuv LifCyc 2035 T4 | — | — | — | $942K | 0.2% | |
| PIMCO Total Return Instl | — | — | — | $719K | 0.1% | |
| Parnassus Core Equity Inst | — | — | — | $648K | 0.1% | |
| TIAA Access Nuv LifCyc 2030 T4 | — | — | — | $635K | 0.1% | |
| TIAA Access Nuv Intl Equity T4 | — | — | — | $578K | 0.1% | |
| TIAA Access Nuv LifCyc 2040 T4 | — | — | — | $523K | 0.1% | |
| Participant loans Interest rates from 4.25% to 9.50% - 0 - | — | — | — | $462K | <0.1% | |
| TIAA Access Nuv LifCyc 2055 T4 | — | — | — | $443K | <0.1% | |
| TIAA Access Nuv Lrg Cap Val T4 | — | — | — | $438K | <0.1% | |
| TIAA Access Nuv Mid Cap Val T4 | — | — | — | $340K | <0.1% | |
| TIAA Access Nuv Qt Sm Cp Eq T4 | — | — | — | $336K | <0.1% | |
| TIAA Access Nuv RlEstSecSel T4 | — | — | — | $244K | <0.1% | |
| Vanguard Cash Rsv Fed MMkt Adm | — | — | — | $225K | <0.1% | |
| TIAA Access Nuv LifCyc 2020 T4 | — | — | — | $225K | <0.1% | |
| TIAA Access Nuv LifCyc 2060 T4 | — | — | — | $167K | <0.1% | |
| Principal Real Estate Sec Inst | — | — | — | $155K | <0.1% | |
| TIAA Access Nuv LifCyc 2025 T4 | — | — | — | $134K | <0.1% | |
| Macquarie Delaware Small Cap Value Inst | — | — | — | $124K | <0.1% | |
| TIAA-CREF Nuveen Core Impact Bond R6 | — | — | — | $114K | <0.1% | |
| ClearBridge Small Cp Growth IS | — | — | — | $109K | <0.1% | |
| TIAA Access Nuv Core Equity T4 | — | — | — | $90K | <0.1% | |
| TIAA Access Nuv Sm Cp Bl Ix T4 | — | — | — | $82K | <0.1% | |
| TIAA Access Nuv LifCyc 2015 T4 | — | — | — | $58K | <0.1% | |
| TIAA Access Nuv Mid Cap Grw T4 | — | — | — | $54K | <0.1% | |
| TIAA Access Nuv LfCy Rt Inc T4 | — | — | — | $52K | <0.1% | |
| TIAA Access Nuv Lrg Cap Gr T4 | — | — | — | $47K | <0.1% | |
| Variable Annuity Conracts * TIAA Access Nuv Core Pl Bd T4 | — | — | — | $44K | <0.1% | |
| TIAA Access Nuv LgCp Res Eq T4 | — | — | — | $28K | <0.1% | |
| TIAA Access Nuv Equity Idx T4 | — | — | — | $7K | <0.1% | |
| TIAA Access Nuv LifCyc 2010 T4 | — | — | — | $2K | <0.1% |