Plan Snapshot
- Plan Sponsor: Commerce Bancshares, INC.
- Sponsor EIN: 430889454
- Sponsor Address: 8000 FORSYTH BLVD STE 910, SAINT LOUIS, MO, 631051707
- Plan Type: DB
- Total Participants: 694
- Total Assets: $87.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 694 | $87.0M | $0 | $0 |
| 2023 | 745 | $91.3M | $0 | $0 |
| 2022 | 813 | $89.4M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| COMMERCE BANK | SUBSIDIARY | $206,124 | — | $206,124 |
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $206,124
- Estimated Expense Ratio: 0.237% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $189,880 | — | — | — | — |
| 2023 | $187,584 | — | — | — | — |
| 2022 | $199,616 | — | — | — | — |