Georgia Independent College Association 403(b) match, vesting and fees

Plan year 2024 filingGica Multiple Employer Plan · Plan 333 · EIN 58-0684740Updated Oct 2026

What Georgia Independent College Association's 403(b) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $852K in employer contributions, about $671 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$71,512
Average account balance
1,476
Participants (end of year)
$90.8M
Plan assets (end of year)
0.26%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperTiaa-Teachers Ins and Annuity AssocSchedule C ↗
Independent auditorCarr Riggs & Ingram LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status403(b) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 441 defined-contribution plans in educational services with 1,000 to 4,999 participants.

Georgia Independent College Association: employer contribution per participant$671
Peer median$2,130
Georgia Independent College Association: average balance$71,512
Peer median$126,258
Georgia Independent College Association: admin expenses ÷ assets0.26%
Peer median0.07%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $87.2M at the end of plan year 2023 to $90.8M at the end of plan year 2024.

$87.2M2023$90.8M2024
End-of-year figures from each plan year's Form 5500 filing for the Georgia Independent College Association plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20241,476$90.8M$852K$6710.26%Not publishedForm 5500 ↗
20231,564$87.2M$819K$6050.38%Not publishedForm 5500 ↗

Other Georgia Independent College Association plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

The Georgia Foundation for Independent Colleges Inc Defined Contribution Retirement Plan

Plan 001 · EIN 58-0684740 · plan year 2023 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.83%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and status403(b) · Terminated (final filing)Form 5500 ↗

Common questions

Does Georgia Independent College Association match 401(k) contributions?

The match terms for the Gica Multiple Employer Plan have not been published from its filing yet. The plan year 2024 filing reports $852K in employer contributions, about $671 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Georgia Independent College Association 401(k) match vested?

The vesting schedule for the Gica Multiple Employer Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Georgia Independent College Association 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Tiaa-Teachers Ins and Annuity Assoc. The plan administrator is Pentegra Services, Inc.

I left Georgia Independent College Association. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Pentegra Services, Inc, (844) 367-2848) or the recordkeeper, Tiaa-Teachers Ins and Annuity Assoc. The Georgia Independent College Association old 401(k) page lists the contacts from every plan filing. Find an old Georgia Independent College Association 401(k)

Data from the public Form 5500 annual reports Georgia Independent College Association filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Georgia Independent College Association. Not financial advice. Report a correction · Methodology