Commerce Bancshares, Inc. Participating Investment Plan — Form 5500 plan (Commerce Bancshares, Inc.)
Plain-English plan 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, Commerce Bancshares, Inc. Participating Investment Plan is a benefit plan reported by Commerce Bancshares, Inc. under EIN 43-0889454 and plan number 002. The latest loaded filing year is 2023. The filing reports 5,654 participants and $981,514,616 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$981.5MPlan net assets, end of year$981,514,616
Participants5.7KCovered participants reported5,654
Assets / participant$173.6KComputed: assets ÷ participants$173,597 (computed)
Provider compensationNone reported2 Schedule C provider row(s)
- Plan sponsor
- Commerce Bancshares, Inc.
- EIN
- 43-0889454
- Plan number
- 002
- Plan type
- 2
- Location
- St. Louis, MO
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,654 | H, C | 20240801100054NAL0015084067001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$981.5M total assets
Net assets$981.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $981,514,616
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $981,514,616
- Net assets (BOY)
- $883,292,753
Income & contributions
- Employer contributions
- $19,244,277
- Participant contributions
- $36,440,203
- Total contributions
- $59,750,721
- Total income / additions
- $162,443,876
Expenses & distributions
- Benefits paid
- $64,311,819
- Administrative expenses
- -$89,806
- Total expenses
- $64,222,013
- Net increase / (decrease)
- $98,221,863
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
35%65%
Employer 35%Participant 65%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $176,488 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$266,294 | $0 | 2023 |