Plan Snapshot
- Plan Sponsor: Commerce Financial Group, INC.
- Sponsor EIN: 411453029
- Sponsor Address: 7650 EDINBOROUGH WAY, EDINA, MN, 55435
- Plan Type: 401(k)
- Total Participants: 31
- Total Assets: $6.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 31 | $6.3M | $114,457 | $317,407 |
| 2023 | 36 | $5.7M | $120,127 | $320,187 |
| 2022 | 32 | $4.6M | $118,257 | $271,274 |