Employer support
$0Reported employer contributions per active participant.
Higher than about 2% of comparable plansDepartment of Labor filing
Spot something wrong?PEOPLE'S BANK OF COMMERCE
PEOPLE'S BANK OF COMMERCE 401(K) PLAN · For the plan year ended Dec 31, 2024
Public filing 2024 · received Jun 16, 2026Verified current terms Not available
Plan at a glance
How good does the filing look?
5filing comparison
out of 100
out of 100
The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.
People in the filing
135Active participants reported for 2024.
The filing does not say how many employees are currently contributing.Visible plan-paid fees
$376 / participantReported administrative expense—not every fee an employee may pay.
Lower cost than about 13% of comparable plansInvestment performance
Not availablePlan assets changed -6.1%, but that includes contributions, withdrawals, and market movement.
Asset change is not investment performance.What we still need to judge the benefit
See missing terms ↓Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.
Filing comparison · 20245out of 100 among similar-size plans in the same industry when enough peers exist
How this filing compares
Reported employer contributions2nd percentileTypical peer $3,279 · based on 1,427 comparable plans
Lower reported administrative expense13th percentileTypical peer $184 · based on 1,443 comparable plans
This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.
The short version
What the latest filing tells us
For the plan year ended Dec 31, 2024, PEOPLE'S BANK OF COMMERCE reported $38 in employer contributions across the plan and 135 active participants. That works out to $0 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.
Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.
Change in reported employer contribution per active participant across the filing history shown.
Change in reported administrative expense per participant. Investment expenses may not be included.
A filing comparison among similar-size plans in the same industry when enough peers exist.
Where the public filing stops
Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.
Latest financial record
Contributions, assets, and expenses
These figures are reported totals for the plan—not individual account balances or promises to any employee.
- Employer contributions
- $38
- Participant contributions
- $615,706
- Other contributions
- $119,949
- Employer share of reported contributions
- 0.0%
- Beginning assets
- $9,765,487
- Ending assets
- $9,174,066
- Ending net assets
- $9,174,066
- Ending liabilities
- $0
- Total income
- $1,892,177
- Total expenses
- $2,483,598
- Administrative expenses
- $71,799
- Participant loans
- $151,878
Three-year filing history
How the reported figures changed
Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.
2022
Not reported
2023
$19
2024
$0
2022
$292
2023
$360
2024
$376
2022
160
2023
137
2024
135
| Plan year | Per active participant | Active participants | Plan assets | Filing ID |
|---|---|---|---|---|
| 2024 | $0 | 135 | 9.2M | 20260616181652NAL0001724818001 |
| 2023 | $19 | 137 | 9.8M | 20250227105048NAL0002126641001 |
| 2022 | Not reported | 160 | 10M | 20231016105234NAL0075450850001 |
Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.
Plan operations
Details worth knowing
- Participant loans as a share of plan assets
- 1.7%
- Independent accountant’s opinion
- Unqualified opinion Code 1
- Late participant contributions reported
- Yes
- Public plan identifier
- 911840442-001
Reported plan details
Identity and filing status
- Plan type
- Retirement plan
- Employer arrangement
- Single-employer plan
- Plan effective date
- Jan 1, 1999
- Industry
- Finance and insurance
- Amended filing
- Yes
- Final filing for this plan
- No
- Short plan year
- No
- 401(k) feature reported
- Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D
Current plan terms
Help fill the gap the filing leaves.
If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.
Filing ACK_ID20260616181652NAL0001724818001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗