Massachusetts › Real estate and rental and leasing › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Copyright Clearance Center, Inc. Savings and Retirement Plan
Sponsored by Copyright Clearance Center, Inc., Danvers, MA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Copyright Clearance Center, Inc. Savings and Retirement Plan covered 538 participants and held $143M in net assets. The plan is a 401(k) plan sponsored by Copyright Clearance Center, Inc. of Danvers, Massachusetts.
Net assets came to $265,385 per participant, well above the $46,267 median for defined contribution plans with 500 to 999 participants and well above the $40,415 median for defined contribution plans in real estate and rental and leasing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $2.6M during the year, or $6,853 per active participant against a same-size median of $1,934; participants contributed $4.6M and $287K arrived as rollovers and other contributions. Benefits paid out totalled $13.0M.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were −$179K.
Across the filings on record, net assets went from $19.7M in 2009 to $143M in 2024 (up 624%), and participants from 286 to 538 (up 88%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $265,385 | $46,267 | $40,415 | $53,102 |
| Employer contributions per active participant | $6,853 | $1,934 | $1,625 | $2,175 |
| Schedule C compensation per participant | — | $113 | $126 | $123 |
| Schedule C compensation, share of net assets | — | 0.25% | 0.34% | 0.26% |
| Administrative expenses per participant | — | $109 | $123 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), real estate and rental and leasing (1,578) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 538 | $143M | $265,385 | $2.6M | $4.6M | $0 |
| 2023 | 532 | $130M | $244,630 | $2.5M | $4.5M | $0 |
| 2022 | 535 | $107M | $200,288 | $2.4M | $4.1M | $9,000 |
| 2021 | 519 | $129M | $249,326 | $2.2M | $3.9M | $22K |
| 2020 | 512 | $111M | $217,434 | $2.2M | $3.8M | $24K |
| 2019 | 517 | $94.3M | $182,485 | $1.9M | $3.6M | $24K |
| 2018 | 520 | $74.1M | $142,413 | $2.2M | $3.5M | $24K |
| 2017 | 543 | $80.9M | $149,053 | $2.3M | $3.6M | $22K |
| 2016 | 465 | $64.8M | $139,374 | $1.8M | $3.0M | $11K |
| 2015 | 459 | $57.0M | $124,096 | $1.8M | $3.1M | $8,000 |
| 2014 | 333 | $49.5M | $148,727 | $1.6M | $2.7M | $4,000 |
| 2013 | 323 | $43.5M | $134,786 | $1.5M | $2.6M | $4,000 |
| 2012 | 313 | $34.3M | $109,518 | $1.3M | $2.4M | $1,000 |
| 2011 | 277 | $27.7M | $99,888 | $1.1M | $2.1M | $21K |
| 2010 | 276 | $25.2M | $91,174 | $1.1M | $2.1M | $20K |
| 2009 | 286 | $19.7M | $68,979 | $1.0M | $2.0M | $3,000 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$130,143,166
- Employer contributions$2,597,107
- Participant contributions$4,608,452
- Rollovers and other contributions$287,137
- Total contributions$7,492,696
- Total income, including investment results$25,415,497
- Benefits paid$12,961,070
- Administrative expenses−$179,379
- Total expenses$12,781,691
- Net income$12,633,806
- Net transfers$0
- Net assets, end of year$142,776,972
Participants
- Active participants379
- Retired or separated, receiving benefits2
- Retired or separated, entitled to future benefits156
- Participants with account balances538
- Total participants, end of year538
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Fidelity Investments Institutional | Participant loan processing | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$88.9M · 62.3%
- Common/collective trusts$49.2M · 34.5%
- Cash (interest and non-interest bearing)$3.0M · 2.1%
- Corporate stocks$930K · 0.7%
- Participant loans$707K · 0.5%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmBaker Newman & Noyes LLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account2EProfit-sharing plan3DPre-approved pension plan2RParticipant-directed brokerage accounts provided as an investment option under the plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 533110: Lessors of Nonfinancial Intangible Assets (except copyrighted works).
Other plans of Copyright Clearance Center, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Copyright Clearance Center, Inc. Defined Benefit Plan | 221 | $56.6M |
Similar plans in Massachusetts
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Maloney Properties, Inc. 401(k) Plan | Maloney Properties, Inc. | 548 | $24.0M | $43,791 |
| Corcoran Companies Profit Sharing Plan | Corcoran Management Company, Inc. | 530 | $51.1M | $96,454 |
| Claremont Companies, LLC 401(k) Retirement Plan | Claremont Companies, LLC | 553 | $11.2M | $20,212 |
| Summit Management Partners, LLC 401(k) Plan | Summit Management Partners, LLC | 528 | $2.8M | $5,369 |
| Dolben Employee 401(k) Plan | The Dolben Company, Inc. | 581 | $31.3M | $53,915 |
| The Trustees of Reservations 401(k) Retirement Plan | The Trustees of Reservations | 496 | $26.5M | $53,368 |
Defined contribution plans in real estate and rental and leasing closest in size.
Questions and answers
How big is Copyright Clearance Center, Inc. Savings and Retirement Plan?
538 participants at the end of the plan year ending 31 Dec 2024, of whom 379 were active employees, with net assets of $142,776,972. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Copyright Clearance Center, Inc. contribute per participant?
The filing reports $2,597,107 in employer contributions for the year, which is $6,853 per active participant; the median for plans of the same type and size was $1,934 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were −$179,379. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Copyright Clearance Center, Inc.. Recordkeeping or administration: Fidelity Investments Institutional. The financial statements were audited by Baker Newman & Noyes LLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 12 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 13-2922432, plan 002, received 12 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.