Plan Ledger DOL Form 5500 · updated monthly

People's Bank of Commerce401(k)

PEOPLE'S BANK OF COMMERCE 401(K) PLAN · MEDFORD, OR · plan year 2022

Reported admin expense ratio · 2022
0.58%

People's Bank of Commerce reported $57,894 in plan administrative expenses for 2022: 0.58% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.58% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Oregon (561st of 1,021), and 3,976th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$10,042,472
Participants with balances219
Active participants160
Employer contributions—
Employee contributions$742,784
Employer contribution per active participant—
Average account balance$45,856
Benefits paid to participants$411,055
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 181 accts · $38 emplr
2023$9.8M · 178 accts · $3K emplr
2022$10.0M · 219 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$27,920
Investment management$29,974
Total administrative$57,894
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement, WATKINS ROSS & CO

This plan has changed recordkeepers within these filings. If you left People's Bank of Commerce before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,799 · 0.76%
2023$84,883 · 0.86%
2022$57,894 · 0.58%
All plans at this employer2
PEOPLE'S BANK OF COMMERCE 401(K) PLAN401(k)
PEOPLE'S BANK OF COMMERCE EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansFinance & Insurance · Oregon
Willamette Valley Bank OR$13.2M · 0.41%
Summit Bank OR$12.3M · 0.27%
Oregon Pacific Banking Co OR$9.6M · 0.07%
Atrio Health Plans, Inc. OR$7.1M · 0.84%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 911840442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.