Profit Sharing · DOL Form 5500 · 2023

The Bank of Commerce Profit Sharing Plan

Data updated 2026-08-11

$22M
Total assets
144
Participants
74th
Percentile by assets
$152,793
Avg per participant
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Official DOL plan name: The Bank of Commerce Profit Sharing Plan · Sponsored by The Bank of Commerce · Idaho · Finance & Insurance

$22M in assets, 144 participants

The Bank of Commerce's The Bank of Commerce Profit Sharing Plan reported $22M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 74th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 74th percentile by assets (of 127,072 plans)
  • #5,449 in Finance & Insurance (8,869 peers)

Coverage in Idaho

The Bank of Commerce Profit Sharing Plan covers 144 participants in Idaho, about 41% of the average Idaho filer (state average ~347 per filing). Assets: $22M.

$22M
total plan assets (2023 EOY)
144
covered participants
74th
percentile by assets (of 127,072 plans)
$152,793
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Bank of Commerce Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • The Bank of Commerce Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • The Bank of Commerce Profit Sharing Plan reported participants fell from 153 in the plan year 2022 filing to 144 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Idaho filers

In Idaho, the average filing covers about 347 participants across 760 plans. The Bank of Commerce Profit Sharing Plan reports 144 participants - about 41% of that state average ($22M EOY assets).

Idaho filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN820237616
Plan Effective Date1969-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of Commerce)

$15M$20M$25M$30M 202220232024 $18.2M $24.9M ▲ +37.1%
Total plan assets by year, all The Bank of Commerce plans on file
Year Plans Participants Total Assets
2022 1 153 $18M
2023 1 144 $22M
2024 1 142 $25M

Nearby Profit Sharing Plans in Idaho

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

The Bank of Commerce Profit Sharing Plan vs. nearby Profit Sharing plans in Idaho, assets vs. participants

The Bank of Commerce Profit Sharing Plan vs. nearby Profit Sharing plans in Idaho, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -2000200400600800 Total assets ($M) Participants The Bank of Commerce…St. Luke's Health Sy…Dykman Electrical, I…P1fcu 401(k) Plan an…St. Mary's & Clearwa…Ritewood Inc Retirem…
The Bank of Commerce Profit Sharing Plan vs. nearby Profit Sharing plans in Idaho, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Bank of Commerce Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did The Bank of Commerce Profit Sharing Plan assets move in 2023?
The Bank of Commerce Profit Sharing Plan grew sharply - up 21.1% during 2023, from $18M to $22M. Reported net income was $4M.
How have The Bank of Commerce plan assets changed over time?
Across 3 plan years on file (2022-2024), The Bank of Commerce's sponsor-wide assets grew 37.1%, from $18M to $25M.
Which Profit Sharing plans are similar in size to The Bank of Commerce Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Mini-Circuits Lab Profit Sharing Plan in NY ($22M, 375 participants).

Next read for The Bank of Commerce Profit Sharing Plan

Filing takeaways

Ways to act on The Bank of Commerce Profit Sharing Plan's numbers.