401(k) · DOL Form 5500 · 2023

Commerce Financial Group, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
32
Participants Small participant base
47th
Percentile by assets National rank
$178,446
Avg per participant Above avg balance/head
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Official DOL plan name: Commerce Financial Group, Inc. 401(k) Savings Plan · Sponsored by Commerce Financial Group, Inc. · Minnesota · Finance & Insurance

$6M in assets, 32 participants

Commerce Financial Group, Inc.'s Commerce Financial Group, Inc. 401(k) Savings Plan reported $6M in total assets and 32 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #2,961 in Finance & Insurance (8,869 peers)

Commerce Financial Group, Inc. multi-year trail

Commerce Financial Group, Inc.'s plans moved +37.0% in assets from 2022 to 2024; this filing shows Commerce Financial Group, Inc. 401(k) Savings Plan at $6M / 32 participants.

#2,961
in Finance & Insurance (8,869 peers)
+24.4%
assets growth YoY

Commerce Financial Group, Inc. 401(k) Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Commerce Financial Group, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,710,279 47th percentile higher than 47% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Commerce Financial Group, Inc. 401(k) Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Commerce Financial Group, Inc. 401(k) Savings Plan is a small filing (32 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Commerce Financial Group, Inc. 401(k) Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Commerce Financial Group, Inc. 401(k) Savings Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Commerce Financial Group, Inc. 401(k) Savings Plan reported participants rose from 31 in the plan year 2022 filing to 32 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411453029 · Commerce Financial Group, Inc. PY 2023 · 401(k)

Commerce Financial Group, Inc. 401(k) Savings Plan · $6M · 32 · 47th

  • PART $6M
  • TYPE 32
  • NET 47th
  • BOOK 401(k)
  • VS-ST near Hill Construction Employee Retirement Plan
  • BOY ind #2961

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Minnesota →

Commerce Financial Group, Inc. 401(k) Savings Plan in the asset neighbourhood

Commerce Financial Group, Inc. 401(k) Savings PlanCommerce Financial Group, In…$6MHill Construction Employee Retirement PlanHill Construction Employee R…$6MCole + Russell Architects, Inc. 401(k) Profit Sharing PlanCole + Russell Architects, I…$6MWalker Products Inc. 401(k) PlanWalker Products Inc. 401(k) …$6MKenco International, Inc. 401(k) Retirement Savings PlanKenco International, Inc. 40…$6M
End-of-year total assets ($M) among Commerce Financial Group, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Commerce Financial Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Commerce Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 36.96333120557839% vs 2022
2024 filing year
$4M$5M$6M$7M 202220232024 $4.59M $6.28M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 31 $5M
2023 1 32 $6M
2024 1 36 $6M

Commerce Financial Group, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN411453029
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Commerce Financial Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Commerce Financial Group, Inc. 401(k) Savings Plan, Total assets ($B): 0.005710279 · Participants: 32Commerce Financial Group, Inc. 401(k) Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Commerce Financial Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Commerce Financial Group, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Commerce Financial Group, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Hill Construction Employee Retirement Plan in SC ($6M); by covered participants it is Presnell Gage Employees Retirement Plan in ID (32 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (32 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Commerce Financial Group, Inc. 401(k) Savings Plan assets move in 2023? ▼
Commerce Financial Group, Inc. 401(k) Savings Plan grew sharply - up 24.4% during 2023, from $5M to $6M. Reported net income was $1M.
How have Commerce Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Commerce Financial Group, Inc.'s sponsor-wide assets grew 37.0%, from $5M to $6M.
Which 401(k) plans are similar in size to Commerce Financial Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hill Construction Employee Retirement Plan in SC ($6M, 32 participants).
Which 401(k) plans cover a similar participant headcount to Commerce Financial Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Presnell Gage Employees Retirement Plan in ID (32 participants, $9M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411453029.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.