The Toronto-Dominion Bank
66
Plan:
Commerce Bancorp, Inc. 401k Retirement Plan
28
66
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (66) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $70,900 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Commerce Bancorp, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Total Plan Cost. Commerce Bancorp, Inc. 401k Retirement Plan currently has over 11,700 active participants.
Retirement Plan Details
| Address |
Commerce Atrium, 1701 Route 70 East
Cherry Hill, NJ 08034 |
| Industry | Commercial Banking |
| Administrator | Joseph J. Manion, Jr., Controller |
| Total Participants | 12,000 |
Compare Other Companies in Peer Group
| Navy Federal Credit Union | 64.9 |
| Michigan Credit Union League | 62.7 |
| Synovus Financial | 60.3 |
| Popular, Inc. U.S.A. | 60.1 |
| TCF Financial | 49.7 |
| Compass Bancshares | 43.7 |
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