People's Bank of Commerce 401(k) match, vesting and fees
What People's Bank of Commerce's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Pcs Retirement, LLC | Schedule C ↗ |
| Independent auditor | Withumsmith+brown, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| People's Bank of Commerce: employer contribution per participant | $0 | |
| Peer median | $2,868 |
| People's Bank of Commerce: average balance | $50,685 | |
| Peer median | $95,281 |
| People's Bank of Commerce: admin expenses ÷ assets | 0.76% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $10M at the end of plan year 2021 to $9.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 188 | $9.2M | $38 | $0 | 0.76% | Not published | Form 5500 ↗ |
| 2023 | 191 | $9.8M | $2,657 | $15 | 0.86% | Not published | Form 5500 ↗ |
| 2022 | 236 | $10M | — | — | 0.58% | Not published | Form 5500 ↗ |
| 2021 | 192 | $10M | $21 | $0 | 0.69% | Not published | Form 5500 ↗ |
Other People's Bank of Commerce plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
People'S Bank of Commerce Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Watkins Ross & Co | 2023 Schedule C ↗ |
| Independent auditor | Withumsmith+brown, PC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
Common questions
Does People's Bank of Commerce match 401(k) contributions?
The match terms for the People'S Bank of Commerce 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $38 in employer contributions, about $0 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the People's Bank of Commerce 401(k) match vested?
The vesting schedule for the People'S Bank of Commerce 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the People's Bank of Commerce 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Pcs Retirement, LLC. The plan administrator is People'S Bank of Commerce.
I left People's Bank of Commerce. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (People'S Bank of Commerce, (541) 774-7651) or the recordkeeper, Pcs Retirement, LLC. The People's Bank of Commerce old 401(k) page lists the contacts from every plan filing. Find an old People's Bank of Commerce 401(k)
Data from the public Form 5500 annual reports People's Bank of Commerce filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with People's Bank of Commerce. Not financial advice. Report a correction · Methodology