Retirement plan

CCC INTELLIGENT SOLUTIONS INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN

Name: CCC INTELLIGENT SOLUTIONS INC. - CCC INTELLIGENT SOLUTIONS INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN (2024) Form 5500
Creator: CCC INTELLIGENT SOLUTIONS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CCC INTELLIGENT SOLUTIONS INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN, CCC INTELLIGENT SOLUTIONS INC.

CCC INTELLIGENT SOLUTIONS INC.EIN 36-3073579Plan #001PY 2024

167 N. GREET STREET, 9TH FLOOR - CHICAGO, IL 60607312-222-4636cccis.comLinkedIn1001-5000 employeescomputer software

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$373.5M

-12.3% from 2016

Total participants

2,718

+24.0% from 2016

Average account balance

$141,438

-22.8% from 2016

Annual return

13.62%

-5.99 pp from 2016

Benchmarks

See 176 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort176 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$373.54M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$141K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,641

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.62%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$109

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC10+ years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$194,691
IFP ADVISORS INC DBA INDEPENDENT FI9 years Filed as: IFP ADVISORS, INC. Service code 16 3030 N ROCKY POINT DR WEST · TAMPA, FL 33607	Consulting	$59,000
THE LAMPO GROUP, INC.7 years Service code 26 1749 MALLORY LANE · BRENTWOOD, TN 37027	Advisory (Participants)	$34,518

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$288K

$142 / participant

Recordkeeping$195K67.6%
Investment mgmt$35K12.0%
Other / not subdivided$59K20.5%

% of EOY assets

0.077%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$141,438

$115,744+22.2%

$100,415+40.9%

$200,096-29.3%

Participation rate

96.2%

85.7%+10.5pp

81.5%+14.7pp

72.0%+24.2pp

Annual return

13.62%

17.79%-4.2pp

49.47%-35.9pp

34.26%-20.6pp

Employer contribution / active EE

$3,292

$3,657-10.0%

$3,943-16.5%

$3,038+8.4%

Participant deferral / active EE

$9,968

$9,844+1.3%

$8,091+23.2%

$5,090+95.8%

Admin fee / account holder

$109

$93+17.5%

$7,906-98.6%

$269-59.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC10+ years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$194,691

IFP ADVISORS INC DBA INDEPENDENT FI9 years

Filed as: IFP ADVISORS, INC.

Service code 16

3030 N ROCKY POINT DR WEST · TAMPA, FL 33607

Consulting

$59,000

THE LAMPO GROUP, INC.7 years

Service code 26

1749 MALLORY LANE · BRENTWOOD, TN 37027

Advisory (Participants)

$34,518

CCC INTELLIGENT SOLUTIONS INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CCC INTELLIGENT SOLUTIONS INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion