Commerce Bancshares, Inc. Participating Investment Plan
Commerce Bancshares, Inc. · St. Louis, MO · EIN 430889454 · Plan 002 · Form 5500 for plan year 2024
What Commerce Bancshares put into the plan, per active participant
$4,147
Commerce Bancshares, Inc. put $4,147 into this plan for each of its 4,874 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
Commerce Bancshares put in less per active participant than 63% of plans with 5,000+ participants at banks and lenders. The middle plan in that group of 66 reported $4,881. Banks and lenders comes from business code 522110, which Commerce Bancshares, Inc. entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Commerce Bancshares pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL September 24, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
Not ranked
Schedule H reports a negative administrative expense total for this year, usually a refund or a correction, so there is no cost per participant to rank.
401(k) Monitor Score
Not scored
This filing reports one of the two amounts the score is built from, so it takes none. Schedule H reports a negative administrative expense total for this year, usually a refund or a correction, so there is no cost per participant to rank.
It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.
What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
On this page: the match and vesting terms · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Commerce Bancshares puts in
Not stated in the filing
The filing does not state a formula that can be computed.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Fidelity NetBenefits ↗.
What you contribute to collect all of it
Not stated in the filing
The filing does not state the contribution rate that collects the full employer contribution.
Vesting score
57.14 out of 100
How fast the employer’s money becomes yours. Higher than 4% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 0%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are vested immediately in their contributions plus actual earnings thereon, however, only upon termination of employment are participants entitled to receive their contributions and accumulated earnings thereon. Current Company matching contributions are subject to the following vesting schedule:”
The plan tops the match up after year end, so contributing unevenly through the year does not cost the worker part of it.
The same match paragraph, word for word
“The Company's matching contribution is a graded matching percentage from 50% - 100% determined by age plus years of employment on the first 7% of eligible compensation. The Company makes true-up matching contributions to participants who contribute the IRS maximum before the end of the year and, as a result, would not receive the full employer matching contribution.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
Not reported
The Form 5500 filing does not report the plan-paid administrative expenses this figure needs.
The match, vesting and eligibility terms above are read from the Form 11-K filed by Commerce Bancshares, Inc., whose page states the full formula, the vesting schedule and the sentence behind each one.
Matched to this employer by sponsor name, not by an identifier stated in the filing. That Form 11-K covers Commerce Bancshares, Inc. Participating Investment Plan.
What to check next
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Fidelity NetBenefits ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $1,098,953,920 |
|---|---|
| Net assets | $1,098,953,920 |
| Participants, beginning of year | 5,743 |
| Of which active | 4,874 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 5,000+ participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $38,132,851. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 35% |
Plan-paid administrative expenses
Schedule H reports a negative administrative expense total for this year, usually a refund or correction, so no per-participant cost can be computed.
The plans this one is ranked against
Fees on this page are ranked against the 5,000+ participant cohort, where the median plan pays $54.84 per participant. The sponsor files from Missouri, one of 1,025 plans on file there, at a median of $132.02 per participant. Its business code places the plan at banks and lenders, one of 2,264 on file, which run to a median of $152.83.
Plans of a similar size in Missouri
| Plan | Participants | Cost per participant |
|---|---|---|
| Evergy, Inc. 401(k) Savings PlanEvergy, Inc. | 6,047 | $198.90 |
| Nidec Motor Corporation Employee Savings Investment PlanNidec Motor Corporation | 5,770 | $107.86 |
| Tkc Holdings, Inc. Retirement PlanTkc Holdings, Inc. | 5,732 | $72.42 |
| Drury Team Member Savings PlanDrury Hotels Company, LLC | 5,653 | $34.69 |
Service providers (Schedule C)
Recordkeeper: Fidelity Investments (as filed: “FIDELITY INVESTMENTS INSTITUTIONAL”)
10,593 plans on file name Fidelity Investments as their recordkeeper, at a median of $97.71 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Strategic Advisors, Inc. | 27 | 235,194 | not reported |
| Fidelity Investments Institutional | 65, 64, 60, 37 | -338,016 | 0 |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250924125920NAL0008172096001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Commerce Bancshares, Inc. Participating Investment Plan: Form 5500 facts", from DOL EFAST2 filing 20250924125920NAL0008172096001, plan year ended December 31, 2024.