Commerce Bancorp, Inc. Employee Stock Ownership Plan — Form 5500 plan (Commerce Bancorp, 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 Bancorp, Inc. Employee Stock Ownership Plan is a benefit plan reported by Commerce Bancorp, Inc. under EIN 04-3664044 and plan number 002. The latest loaded filing year is 2023. The filing reports 63 participants and $60,987 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Commerce Bancorp, Inc.
- EIN
- 04-3664044
- Plan number
- 002
- Plan type
- 2
- Location
- Duncan, OK
- Latest filing year
- 2023
- Participants
- 63
- End-of-year plan assets
- $60,987
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 63 | I | 20240815153331NAL0022848592002 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $60,987
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $60,987
- Net assets (BOY)
- $4,606,980
Income & contributions
- Employer contributions
- $55,000
- Total income / additions
- $918,708
Expenses & distributions
- Benefits paid
- $4,398,369
- Total expenses
- $4,398,369
- Net increase / (decrease)
- -$3,479,661
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.