Retirement plan

CHICAGO MERCANTILE EXCHANGE, INC. 401(K) SAVINGS PLAN

Name: CHICAGO MERCANTILE EXCHANGE, INC. - CHICAGO MERCANTILE EXCHANGE, INC. 401(K) SAVINGS PLAN (2023) Form 5500
Creator: CHICAGO MERCANTILE EXCHANGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHICAGO MERCANTILE EXCHANGE, INC. 401(K) SAVINGS PLAN, CHICAGO MERCANTILE EXCHANGE, INC.

CHICAGO MERCANTILE EXCHANGE, INC.EIN 36-4340266Plan #002PY 2023

20 SOUTH WACKER DRIVE - CHICAGO, IL 60606312-930-1000

Other plans on this EIN

1 filing

#001Retirement-$351.7M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$932.3M

-6.2% from 2016

Total participants

3,787

+0.6% from 2016

Average account balance

$248,554

-6.5% from 2016

Annual return

22.18%

-7.89 pp from 2016

Benchmarks

See 577 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort577 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.08B

Not enough data

1 years with asset history on file

Average account balance

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

$291K

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.

3,718

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+18.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$153

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 9 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENTS INST OP CO LLC Service code 37 · EIN 04-2647786	Loan Processing	$229,919
STRATEGIC ADVISORS, INC.1 year Service code 16 · EIN 04-2654524	Consulting	$124,293
FINANCIAL ENGINES7 years Service code 16 · EIN 77-0473565	Consulting	$109,351
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPTRUST FINANCIAL ADVISORS Service code 16 · EIN 26-0058143	Consulting	$85,000
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 16 · EIN 47-5324976	Consulting	$18,567
FORVIS, LLP1 year Filed as: FORVIS MAZARS Service code 10 · EIN 44-0160260	Accounting	$15,200
FORVIS, LLP1 year Filed as: FORVIS MAZARS WEALTH ADVISORS, LLC Service code 10 · EIN 43-1815436	Accounting	$7,200
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INC INST OPS CO LLC Service code 60	Sub-TA Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Filed as: FIDELITY INV INST OPS CO Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$558K

$253 / participant

Investment mgmt$337K60.4%
Contract admin$198K35.6%
Other / not subdivided$22K4.0%

% of EOY assets

0.060%

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: $15,200
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$248,554

$112,711+120.5%

$170,055+46.2%

$80,187+210.0%

Participation rate

98.4%

87.4%+11.0pp

87.0%+11.4pp

72.9%+25.4pp

Annual return

22.18%

67.06%-44.9pp

53.43%-31.2pp

40.40%-18.2pp

Employer contribution / active EE

$4,188

$4,488-6.7%

$6,790-38.3%

$2,980+40.6%

Participant deferral / active EE

$15,326

$7,861+95.0%

$10,410+47.2%

$5,016+205.5%

Admin fee / account holder

$149

$99+49.7%

$12,828-98.8%

$145+2.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENTS INST OP CO LLC

Service code 37 · EIN 04-2647786

Loan Processing

$229,919

STRATEGIC ADVISORS, INC.1 year

Service code 16 · EIN 04-2654524

Consulting

$124,293

FINANCIAL ENGINES7 years

Service code 16 · EIN 77-0473565

Consulting

$109,351

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 16 · EIN 26-0058143

Consulting

$85,000

FINANCIAL ENGINES1 year

Filed as: EDELMAN FINANCIAL ENGINES, LLC

Service code 16 · EIN 47-5324976

Consulting

$18,567

FORVIS, LLP1 year

Filed as: FORVIS MAZARS

Service code 10 · EIN 44-0160260

Accounting

$15,200

FORVIS, LLP1 year

Filed as: FORVIS MAZARS WEALTH ADVISORS, LLC

Service code 10 · EIN 43-1815436

Accounting

$7,200

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INC INST OPS CO LLC

Service code 60

Sub-TA Fees

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Filed as: FIDELITY INV INST OPS CO

Service code 60

Sub-TA Fees

CHICAGO MERCANTILE EXCHANGE, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHICAGO MERCANTILE EXCHANGE, INC. 401(K) SAVINGS 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