Retirement plan

CBOE GLOBAL MARKETS SMART PLAN

Name: CBOE SERVICES CO. - CBOE GLOBAL MARKETS SMART PLAN (2024) Form 5500
Creator: CBOE SERVICES CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CBOE GLOBAL MARKETS SMART PLAN, CBOE SERVICES CO.

CBOE SERVICES CO.EIN 11-3817385Plan #001PY 2024

433 WEST VAN BUREN STREET - CHICAGO, IL 60607312-786-7215

Prospect flagsHigh assets / participantFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$509.1M

-24.7% from 2016

Total participants

1,634

-10.6% from 2016

Average account balance

$315,606

-13.9% from 2016

Annual return

18.90%

+225.60 pp from 2016

Benchmarks

See 609 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort609 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$509.07M

Not enough data

1 years with asset history on file

Average account balance

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

$316K

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.

1,613

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+18.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89

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
MERCER1 year Filed as: MERCER INVESTMENTS, LLC Service code 16 · EIN 30-0282430	Consulting	$71,250
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$43,742
CARON & BLETZER, PLLC1 year Service code 10 · EIN 04-3499945	Accounting	$12,750

Plan features & details

Pension benefit codes2K3H2E2G2J3D2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

3 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$143K

$127 / participant

Recordkeeping$36K25.4%
Contract admin$3000.2%
Other / not subdivided$107K74.4%

% of EOY assets

0.028%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: $12,750
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$315,606

$122,585+157.5%

$184,256+71.3%

$200,096+57.7%

Participation rate

98.1%

86.9%+11.2pp

86.8%+11.3pp

72.0%+26.1pp

Annual return

18.90%

144.12%-125.2pp

28.85%-9.9pp

34.26%-15.4pp

Employer contribution / active EE

$14,318

$4,571+213.2%

$6,427+122.8%

$3,038+371.4%

Participant deferral / active EE

$15,916

$7,972+99.7%

$9,133+74.3%

$5,090+212.7%

Admin fee / account holder

$89

$120-26.1%

$13,899-99.4%

$269-67.0%

Provider

Service type

Compensation

MERCER1 year

Filed as: MERCER INVESTMENTS, LLC

Service code 16 · EIN 30-0282430

Consulting

$71,250

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$43,742

CARON & BLETZER, PLLC1 year

Service code 10 · EIN 04-3499945

Accounting

$12,750

CBOE GLOBAL MARKETS SMART PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CBOE GLOBAL MARKETS SMART 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