Plan Ledger DOL Form 5500 · updated monthly

The Bank of CommerceProfit-sharing plan

THE BANK OF COMMERCE PROFIT SHARING PLAN · AMMON, ID · plan year 2024

Reported admin expense ratio · 2024
0.13%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

The Bank of Commerce reported $29,467 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $11,406 per active participant. 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 fell from 0.14% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 90th-largest of 349 plans among Idaho employers on file, and 2,710th of 4,798 in finance & insurance. active participation has grown from 144 to 160 since 2022.

Plan summary
Net assets, end of year$24,893,837
Participants with balances161
Active participants160
Employer contributions$1,825,000
Employee contributions$0
Employer contribution per active participant$11,406
Average account balance$154,620
Benefits paid to participants$1,502,833
Plan auditUnmodified (clean) audit opinion
AuditorRUDD & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 161 accts · $1.8M emplr
2023$22.0M · 166 accts · $1.9M emplr
2022$18.2M · 164 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,508
Investment management$2,598
Total administrative$29,467
Employer contributions to the The Bank of Commerce plan · 2024
Employer contribution per active participant$11,406
Median for plans this size$2,416
2024$11,406 per active participant
2023$13,028 per active participant
2022$11,451 per active participant

The Bank of Commerce's 2024 employer contribution ran above the $2,416 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$29,467 · 0.13%
2023$24,155 · 0.12%
2022$26,168 · 0.14%
Same employer
Similar plansFinance & Insurance · Idaho
Title Financial Corporation ID$32.6M · 0.32%
Westmark Credit Union ID$20.3M · 0.47%
Alscott Inc ID$18.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820237616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.