2023 Form 5500 filing — Commerce Bancorp, Inc. Employee Stock Ownership Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240815153331NAL0022848592002) for Commerce Bancorp, Inc. Employee Stock Ownership Plan, reported by Commerce Bancorp, Inc. under EIN 04-3664044 and plan number 002. It reports 63 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

EFAST2 acknowledgement
20240815153331NAL0022848592002
Filing year
2023
Form type
2
Plan sponsor
Commerce Bancorp, Inc.
EIN
04-3664044
Plan number
002
Location
Duncan, OK
Participants
63
Schedules available
Schedule I
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$60,987
Total liabilities (EOY)
$0
Net assets (EOY)
$60,987
Employer contributions
$55,000
Total income / additions
$918,708
Benefits paid
$4,398,369
Total expenses
$4,398,369
Net increase / (decrease)
-$3,479,661
Schedule source
Schedule I

Related Form 5500 pages