Cibc Retirement Savings Plan For U.S. Employees — Form 5500 plan (Canadian Imperial Bank Of Commerce)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Cibc Retirement Savings Plan For U.S. Employees is a benefit plan reported by Canadian Imperial Bank Of Commerce under EIN 13-1942440 and plan number 006. The latest loaded filing year is 2023. The filing reports 4,523 participants and $929,845,156 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$929.8MPlan net assets, end of year$929,845,156
Participants4.5KCovered participants reported4,523
Assets / participant$205.6KComputed: assets ÷ participants$205,582 (computed)
Provider compensation$285.8K2 Schedule C provider row(s)$285,791
Plan sponsor
Canadian Imperial Bank Of Commerce
EIN
13-1942440
Plan number
006
Plan type
2
Location
Chicago, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,523H, C20240730120447NAL0034135280001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$929.8M total assets
Net assets$929.8MLiabilities$0
Money in vs. money out
Total income / additions$237M
Total expenses$34.8M
Benefits paid / distributions$34.3M
Contributions
Employer$31.3M
Participant$47.7M
Full reported line items

Net assets

Total assets (EOY)
$929,845,156
Total liabilities (EOY)
$0
Net assets (EOY)
$929,845,156
Net assets (BOY)
$727,674,567

Income & contributions

Employer contributions
$31,280,892
Participant contributions
$47,672,102
Total contributions
$91,417,635
Total income / additions
$236,978,543

Expenses & distributions

Benefits paid
$34,272,465
Administrative expenses
$279,076
Total expenses
$34,807,954
Net increase / (decrease)
$202,170,589
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 40%Participant 60%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income14%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$284,755$02023
Vanguard Advisers Inc.NONE$1,036not reported in the loaded dataset2023

Related Form 5500 pages