How big is CIC Innovation Services, LLC's plan?

CIC Innovation Services, LLC's plan reported $18.5M in assets and 164 participants for 2024.

Original filing (PDF)20250707170133NAL0001741939001

CIC Innovation Services, LLC

Name: CIC Innovation Services, LLC — CIC Innovation, Form 5500 (2024)
Creator: CIC Innovation Services, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

CIC Innovation Services, LLC 401(k) Plan

401(k) retirement plan · CIC Innovation Services, LLC's CIC Innovation Services, LLC 401(k) Plan held $18.5M in plan assets for 164 participants in 2024, with Fidelity as recordkeeper.

Signals · 1

Corrective distributions issued

Active participants

164

Accounts w/ balance

247

Plan assets (EOY)

$18.5M

Net assets (EOY)

$18.5M

People on this filing

Timothy D Rowe signed CIC Innovation Services, LLC's 2024 Form 5500 as plan administrator.

Timothy D Rowe — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

CIC Innovation Services, LLC's EIN is 37-1769536.

EIN 37-1769536

Plan number 001

Plan year 2024

ACK ID 20250707170133NAL0001741939001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for CIC Innovation Services, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

CIC Innovation Services, LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for CIC INNOVATION SERVICES, LLC.

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How this plan invests

This plan

31 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Bottom-decile employer contributions per participant (3rd percentile).

Helping the score

Below-peer total plan cost (89th percentile).

Plan sponsor

Name

CIC INNOVATION SERVICES, LLC

EIN

all filings

Address

1 BROADWAY STE 14 · CAMBRIDGE, MA · 021421187

Phone

(617) 758-4100

Industry

Admin Support & Waste Mgmt

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-07

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3H · Sponsor in controlled / affiliated group

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$550	—

Investments

31 direct securities· $18.0M(97% of reported assets)

Mutual Funds

$15.9M

24 holdings

Common Collective Trusts

$1.8M

2 holdings

Other securities

$228K

4 holdings

Bonds / Notes

$60K

1 holding

					% of plan
Fidelity Freedom Index 2055 Mutual Fund	Mutual Funds	—	—	$3.0M	16.1%
Fidelity Freedom Index 2050 Mutual Fund	Mutual Funds	—	—	$2.4M	12.8%
Fidelity Extended Market Index Mutual Fund	Mutual Funds	—	—	$2.1M	11.3%
Fidelity Total Market Index Fund Mutual Fund	Common Collective Trusts	—	—	$1.6M	8.6%
Fidelity Freedom Index 2035 Mutual Fund	Mutual Funds	—	—	$1.1M	5.8%
Fidelity Freedom Index 2040 Mutual Fund	Mutual Funds	—	—	$1.1M	5.7%
Fidelity OTC Portfolio Mutual Fund	Mutual Funds	—	—	$961K	5.2%
Fidelity Blue Chip Growth Fund Mutual Fund	Mutual Funds	—	—	$946K	5.1%
Fidelity Freedom Index 2060 Mutual Fund	Mutual Funds	—	—	$898K	4.9%
Fidelity Government Money Market Fund Mutual Fund	Mutual Funds	—	—	$493K	2.7%
Fidelity Freedom Index 2045 Mutual Fund	Mutual Funds	—	—	$471K	2.6%
Fidelity Overseas Fund Mutual Fund	Mutual Funds	—	—	$370K	2.0%
Fidelity International Cap Appreciation Fund Mutual Fund	Mutual Funds	—	—	$339K	1.8%
American Funds American Mutual Fund Mutual Fund	Mutual Funds	—	—	$311K	1.7%
Fidelity Large Cap Stock Fund Mutual Fund	Mutual Funds	—	—	$297K	1.6%
Fidelity Investment Grade Bond Fund Mutual Fund	Mutual Funds	—	—	$235K	1.3%
Fidelity Puritan Fund Mutual Fund	Mutual Funds	—	—	$229K	1.2%
Vanguard FTSE Social Index Fund Mutual Fund	Common Collective Trusts	—	—	$224K	1.2%
Fidelity Intermediate Bond Fund Mutual Fund	Mutual Funds	—	—	$165K	0.9%
Principal SmallCap Fund Mutual Fund	Other securities	—	—	$126K	0.7%
Fidelity Growth Strategies Fund Mutual Fund	Mutual Funds	—	—	$107K	0.6%
Fidelity Freedom Index 2020 Mutual Fund	Mutual Funds	—	—	$97K	0.5%
Fidelity Freedom Index 2065 Mutual Fund	Mutual Funds	—	—	$96K	0.5%
Fidelity Real Estate Investment Portfolio Mutual Fund	Mutual Funds	—	—	$90K	0.5%
Fidelity Freedom Index 2030 Mutual Fund	Mutual Funds	—	—	$86K	0.5%
Invesco Diversified Dividend A Fund Mutual Fund	Mutual Funds	—	—	$76K	0.4%
Victory Sycamore Established Value Fund Mutual Fund	Other securities	—	—	$73K	0.4%
Participant Loans Loan (9.50% Interest Rate) 0	Bonds / Notes	—	—	$60K	0.3%
Fidelity Small Cap Value Mutual Fund	Mutual Funds	—	—	$43K	0.2%
Principal Short-Term Income Instl. Fund Mutual Fund	Other securities	—	—	$18K	<0.1%
AB Small Cap Growth Portfolio Fund Mutual Fund	Other securities	—	—	$11K	<0.1%