401(k) · DOL Form 5500 · 2023

Canadian Imperial Bank of Commerce 401(k) Plan

Data updated 2026-08-11

$930M
Total assets
3,138
Participants
99th
Percentile by assets
$296,318
Avg per participant
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Official DOL plan name: Cibc Retirement Savings Plan for U.S. Employees · Sponsored by Canadian Imperial Bank of Commerce · Illinois · Finance & Insurance

$930M in assets, 3,138 participants

Canadian Imperial Bank of Commerce's Cibc Retirement Savings Plan for U.S. Employees reported $930M in total assets and 3,138 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 127,072 plans)
  • #8,631 in Finance & Insurance (8,869 peers)

Coverage in Illinois

Cibc Retirement Savings Plan for U.S. Employees covers 3,138 participants in Illinois, 4.0x the typical Illinois plan (state average ~779 per filing). Assets: $930M.

$930M
total plan assets (2023 EOY)
3,138
covered participants
99th
percentile by assets (of 127,072 plans)
$296,318
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cibc Retirement Savings Plan for U.S. Employees reported net income rose from -$107M in the plan year 2022 filing to $202M in the plan year 2023 filing.
  • Cibc Retirement Savings Plan for U.S. Employees end-of-year assets rose from $728M in the plan year 2022 filing to $930M in the plan year 2023 filing.
  • Cibc Retirement Savings Plan for U.S. Employees reported participants rose from 2,748 in the plan year 2022 filing to 3,138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Cibc Retirement Savings Plan for U.S. Employees reports 3,138 participants - 4.0x that state average ($930M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$728M
Net Assets (End of Year)$930M
Net Income$202M
Employer EIN131942440
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canadian Imperial Bank of Commerce)

$0.7B$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.82B $1.12B ▲ +36.6%
Total plan assets by year, all Canadian Imperial Bank of Commerce plans on file
Year Plans Participants Total Assets
2022 2 3,108 $821M
2023 2 3,450 $1.0B
2024 1 3,385 $1.1B

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cibc Retirement Savings Plan for U.S. Employees vs. nearby 401(k) plans in Illinois, assets vs. participants

Cibc Retirement Savings Plan for U.S. Employees vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants Cibc Retirement Savi…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Cibc Retirement Savings Plan for U.S. Employees vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cibc Retirement Savings Plan for U.S. Employees by total assets, not by location.

Frequently Asked Questions

How did Cibc Retirement Savings Plan for U.S. Employees assets move in 2023?
Cibc Retirement Savings Plan for U.S. Employees grew sharply - up 27.8% during 2023, from $728M to $930M. Reported net income was $202M.
How have Canadian Imperial Bank of Commerce plan assets changed over time?
Across 3 plan years on file (2022-2024), Canadian Imperial Bank of Commerce's sponsor-wide assets grew 35.9%, from $821M to $1.1B.
Where does Cibc Retirement Savings Plan for U.S. Employees rank by assets among Form 5500 filers?
Cibc Retirement Savings Plan for U.S. Employees ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Cibc Retirement Savings Plan for U.S. Employees?
Among 401(k) plans in other states, the closest by assets is The Lonza US Savings Plan in NJ ($930M, 4,679 participants).

Next read for Cibc Retirement Savings Plan for U.S. Em…

Filing takeaways

Ways to act on Cibc Retirement Savings Plan for U.S. Employees's numbers.