Commerce Technologies, LLC401(k)
COMMERCEHUB 401(K) PLAN · LATHAM, NY · plan year 2023
Commerce Technologies, LLC's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $55,299,553 across 487 participant accounts, with employer contributions averaging $7,418 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other information & media employers. By assets it is the 1,284th-largest of 5,648 plans among New York employers on file, and the 480th of 2,199 in information & media. In 2023, employees put in $1.89 for every $1.00 the employer contributed.
Commerce Technologies, LLC's 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 141798555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.