401(k) · DOL Form 5500 · 2022

Farmers & Merchants State Bank 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
15
Participants Small participant base
51st
Percentile by assets National rank
$333,637
Avg per participant High balance/head
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Official DOL plan name: Farmers & Merchants State Bank P/S · Sponsored by Farmers & Merchants State Bank · South Dakota · Finance & Insurance

$5M in assets, 15 participants

Farmers & Merchants State Bank's Farmers & Merchants State Bank P/S reported $5M in total assets and 15 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #3,266 in Finance & Insurance (9,261 peers)

Farmers & Merchants State Bank multi-year trail

Farmers & Merchants State Bank's plans moved +17.1% in assets from 2022 to 2024; this filing shows Farmers & Merchants State Bank P/S at $5M / 15 participants.

#3,266
in Finance & Insurance (9,261 peers)
-15.9%
assets change YoY

The plan reported a net loss of $949K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Farmers & Merchants State Bank P/S's mid-pack asset rank among Finance & Insurance and all filers

Farmers & Merchants State Bank P/S vs every filed plan by assets

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

$5,004,550 Top 49% higher than 51% 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 & Merchants State Bank P/S among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farmers & Merchants State Bank P/S is a small filing (15 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 460133610 · Farmers & Merchants State Bank PY 2022 · 401(k)

Farmers & Merchants State Bank P/S · $5M · 15 · 51st

  • PART $5M
  • TYPE 15
  • NET 51st
  • BOOK 401(k)
  • VS-ST near Logistics Applications, Inc. 401(k) Profit Sharing Plan
  • BOY ind #3266

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 South Dakota →

Farmers & Merchants State Bank P/S in the asset neighbourhood

Farmers & Merchants State Bank P/SFarmers & Merchants State Ba…$5MLogistics Applications, Inc. 401(k) Profit Sharing PlanLogistics Applications, Inc.…$5MDza 401(k) Plan$5MBci Acrylic Bath Systems, Inc. 401(k) PlanBci Acrylic Bath Systems, In…$5MErickson Metals Corporation 401(k) Savings and Retirement PlanErickson Metals Corporation …$5M
End-of-year total assets ($M) among Farmers & Merchants State Bank P/S and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Farmers & Merchants State Bank multi-year asset trail

Sponsor-wide plan assets over time

All Farmers & Merchants State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$6M 17.05937596786924% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $5M $5.86M ▲ +17.2%
Year Plans Participants Total Assets
2022 1 15 $5M
2023 1 14 $5M
2024 1 15 $6M

Farmers & Merchants State Bank filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$949K
Employer EIN460133610
Plan Effective Date1961-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Dakota

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

Farmers & Merchants State Bank P/S vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Farmers & Merchants State Bank P/S, Total assets ($M): 5.00455 · Participants: 15Farmers & Merchants State Bank P/SBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 615.260397 · Participants: 2873Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 212.264423 · Participants: 13988Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 189.289255 · Participants: 2033Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 183.910332 · Participants: 1883Premier 401(k) PlanPoet Biorefining 401(k) Plan, Total assets ($M): 171.826935 · Participants: 2022Poet Biorefining 401(k) Plan
Farmers & Merchants State Bank P/S vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Farmers & Merchants State Bank P/S side-by-side with 3 peers →

Farmers & Merchants State Bank P/S's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Logistics Applications, Inc. 401(k) Profit Sharing Plan in VA ($5M); by covered participants it is Trouble Free Plumbing, Inc. 401(k) Plan in IL (15 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (15 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 & Merchants State Bank P/S assets move in 2022? ▼
Farmers & Merchants State Bank P/S declined sharply - down 15.9% during 2022, from $6M to $5M. Reported net income was -$949K.
How have Farmers & Merchants State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers & Merchants State Bank's sponsor-wide assets grew 17.1%, from $5M to $6M.
Which 401(k) plans are similar in size to Farmers & Merchants State Bank P/S? ▼
Among 401(k) plans in other states, the closest by assets is Logistics Applications, Inc. 401(k) Profit Sharing Plan in VA ($5M, 73 participants).
Which 401(k) plans cover a similar participant headcount to Farmers & Merchants State Bank P/S? ▼
Among 401(k) plans in other states, the closest by covered participants is Trouble Free Plumbing, Inc. 401(k) Plan in IL (15 participants, $526K 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 460133610.

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.