CIC INNOVATION SERVICES, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of CIC INNOVATION SERVICES, LLC 401(K) PLAN is $12,565,114.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in CIC INNOVATION SERVICES, LLC 401(K) PLAN is 314

In 2022, the average participant retirement account value for CIC INNOVATION SERVICES, LLC 401(K) PLAN is $40,016

In 2022, the estimated average employee contribution amount per participant for CIC INNOVATION SERVICES, LLC 401(K) PLAN is $6,419

In 2022, the estimated average employer match for an employee in CIC INNOVATION SERVICES, LLC 401(K) PLAN is approximately $1,775

In 2022, CIC INNOVATION SERVICES, LLC 401(K) PLAN allocates $557,593 to match its employees’ contributions, providing an employer match rate of 29.05% of their contributions

In 2022, the total retirement plan asset growth rate of CIC INNOVATION SERVICES, LLC 401(K) PLAN is -2.85%

In 2022, the estimated aggregate retirement account investment gain/loss for CIC INNOVATION SERVICES, LLC 401(K) PLAN is -19.27%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CIC INNOVATION SERVICES, LLC 401(K) PLAN is 0.03%.

Enrollment Features

CIC INNOVATION SERVICES, LLC 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.