401(k) · DOL Form 5500 · 2022

Farmers National Bank of Canfield 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
362
Participants Below avg headcount
88th
Percentile by assets National rank
$140,027
Avg per participant Near avg balance/head
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Official DOL plan name: Farmers National Bank 401(k) Retirement Savings Plan · Sponsored by Farmers National Bank of Canfield · Ohio · Finance & Insurance

$51M in assets, 362 participants

Farmers National Bank of Canfield's Farmers National Bank 401(k) Retirement Savings Plan reported $51M in total assets and 362 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,494 in Finance & Insurance (9,261 peers)

Coverage in Ohio

Farmers National Bank 401(k) Retirement Savings Plan covers 362 participants in Ohio, about 47% of the average Ohio filer (state average ~765 per filing). Assets: $51M.

#7,494
in Finance & Insurance (9,261 peers)
+9.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Farmers National Bank 401(k) Retirement Savings Plan's outsized position by total assets

Farmers National Bank 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$50,689,791 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Farmers National Bank 401(k) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farmers National Bank 401(k) Retirement Savings Plan sits mid-pack in the medium band (362 participants).

Published 5500 schedule card

Filing strip 340214400 · Farmers National Bank of Canfield PY 2022 · 401(k)

Farmers National Bank 401(k) Retirement Savings Plan · $51M · 362 · 88th

  • 5500 $51M
  • 5500 362
  • 5500 88th
  • 5500 401(k)
  • 5500 near Lor, Inc. 401(k) Plan
  • 5500 ind #7494

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Ohio →

Farmers National Bank 401(k) Retirement Savings Plan in the asset neighbourhood

Ctia - the Wireless Association 401(k) PlanCtia - the Wireless Associat…$51MFarmers National Bank 401(k) Retirement Savings PlanFarmers National Bank 401(k)…$51MLor, Inc. 401(k) Plan$51MSunrider International Retirement Savings PlanSunrider International Retir…$51MBarton & Loguidice, D.P.C. Profit Sharing & 401(k) PlanBarton & Loguidice, D.P.C. P…$51M
End-of-year total assets ($M) among Farmers National Bank 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$51M
Net Income-$16M
Employer EIN340214400
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers National Bank of Canfield)

Sponsor-wide plan assets over time

All Farmers National Bank of Canfield plans reported in each filing year

Latest sponsor-wide plan assets
$61M 19.60411318326406% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $50.7M $60.6M ▲ +19.6%
Year Plans Participants Total Assets
2022 1 362 $51M
2023 1 454 $60M
2024 1 533 $61M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Farmers National Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Farmers National Bank 401(k) Retirement Savings Plan, Total assets ($B): 0.050689791 · Participants: 362Farmers National Bank 401(k) Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Farmers National Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Farmers National Bank 401(k) Retirement Savings Plan side-by-side with 3 peers →

Farmers National Bank 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Lor, Inc. 401(k) Plan in GA ($51M); by covered participants it is Choice Investments Savings Plan in WV (362 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (362 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Farmers National Bank 401(k) Retirement Savings Plan assets move in 2022? ▼
Farmers National Bank 401(k) Retirement Savings Plan grew at a solid clip - up 9.8% during 2022, from $46M to $51M. Reported net income was -$16M.
How have Farmers National Bank of Canfield plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers National Bank of Canfield's sponsor-wide assets grew 19.6%, from $51M to $61M.
Where does Farmers National Bank 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Farmers National Bank 401(k) Retirement Savings Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Farmers National Bank 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lor, Inc. 401(k) Plan in GA ($51M, 530 participants).
Which 401(k) plans cover a similar participant headcount to Farmers National Bank 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Choice Investments Savings Plan in WV (362 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340214400.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.