Employers › Commerce Bancshares
Filed as negative.Schedule H line 2i(12) is reported as -$102,822. The filing is shown as received; the derived figures below treat a negative amount as zero, and a percentile is only shown for positive values.
Recordkeeping fees per participant · Commerce Bancshares, Inc. Participating Investment Plan · plan year 2024
$40.83
Higher than 67% of the 790 plans over $1B that report it.
= $202,209 / 4,952
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250924125920NAL0008172096001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125920NAL0008172096001, received 2025-09-24
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-24.
Administrative expenses excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
= $0 / 4,952
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924125920NAL0008172096001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125920NAL0008172096001, received 2025-09-24
Administrative expenses per participant
filed as negative
Filed as a negative amount; no comparison.
Administrative expenses as a share of assets
filed as negative
Filed as a negative amount; no comparison.
Employer contributions per participant
$4,081
Higher than 55% of the 1,135 plans over $1B that report it.
= $20,211,352 / 4,952
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924125920NAL0008172096001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125920NAL0008172096001, received 2025-09-24
Employer share of total contributions
32.7%
Higher than 48% of the 1,135 plans over $1B that report it.
= $20,211,352 / $61,740,746
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924125920NAL0008172096001, received 2025-09-24
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924125920NAL0008172096001, received 2025-09-24
Employer match
“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.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Employees are eligible to participate as of the first day of the month following the completion of thirty days of service.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“Current Company matching contributions are subject to the following vesting schedule:”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, vesting · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2J 401(k) feature · 3H controlled-group sponsor · 3I · 2K 401(m) arrangement · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250924125920NAL0008172096001, received 2025-09-24
| Field | Value | Source |
|---|---|---|
| Plan sponsor | COMMERCE BANCSHARES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Plan name | COMMERCE BANCSHARES, INC. PARTICIPATING INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Sponsor EIN / plan number | 43-0889454 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Sponsor location | ST. LOUIS, MO | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Filing received | 2025-09-24 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Participants, beginning of year | 5,743 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Active participants | 4,874 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Participants, end of year | 5,930 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Participants with an account balance | 4,952 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Total assets, beginning of year | $981,514,616 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Total assets, end of year | $1,098,953,920 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Net assets, end of year | $1,098,953,920 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Total income | $224,492,478 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Net income | $117,439,304 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Employer contributions | $20,211,352 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Participant contributions | $38,132,851 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Other contributions (incl. rollovers) | $3,396,543 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Total contributions | $61,740,746 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Benefit payments | $107,155,996 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Total expenses (incl. benefit payments) | $107,053,174 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Total administrative expenses | -$102,822 (filed as negative) | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Recordkeeping fees | $202,209 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Investment advisory and management fees | $235,194 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Held in common/collective trusts | $266,957,357 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Held in mutual funds | $662,501,286 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250924125920NAL0008172096001, received 2025-09-24 |
| Independent auditor | ARMANINO LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250924125920NAL0008172096001, received 2025-09-24 |
Position = column in the DOL layout for form year 2024. Filing 20250924125920NAL0008172096001, received 2025-09-24.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $235,194 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $-338,016 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250924125920NAL0008172096001, received 2025-09-24.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $981,514,616 | $1,098,953,920 | 12.0% |
| Participants with a balance | 4,929 | 4,952 | 0.5% |
| Administrative expenses | $-89,806 | $-102,822 | |
| Recordkeeping fees per participant | $14.92 | $40.83 | 173.7% |
| Employer contributions | $19,244,277 | $20,211,352 | 5.0% |
Prior filing 20240801100054NAL0015084067001, received 2024-08-01; the plan years are contiguous.
Sponsor name as filed: COMMERCE BANCSHARES, INC.; SEC registrant: COMMERCE BANCSHARES INC /MO/ (CIK 22356, matched by EIN; display name from the Form 11-K cover).