Profit Sharing · DOL Form 5500 · 2022

First Farmers & Merchants Bank Profit Sharing Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
212
Participants Below avg headcount
81st
Percentile by assets National rank
$125,137
Avg per participant Near avg balance/head
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Official DOL plan name: First Farmers & Merchants Bank Profit Sharing Plan · Sponsored by First Farmers & Merchants Bank · Tennessee · Finance & Insurance

$27M in assets, 212 participants

First Farmers & Merchants Bank's First Farmers & Merchants Bank Profit Sharing Plan reported $27M in total assets and 212 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,464 in Finance & Insurance (9,261 peers)

Coverage in Tennessee

First Farmers & Merchants Bank Profit Sharing Plan covers 212 participants in Tennessee, about 19% of the average Tennessee filer (state average ~1,126 per filing). Assets: $27M.

#6,464
in Finance & Insurance (9,261 peers)
-12.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Farmers & Merchants Bank Profit Sharing Plan's outsized position by total assets

First Farmers & Merchants Bank Profit Sharing Plan vs every filed plan by assets

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

$26,529,051 Top 19% higher than 81% 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

First Farmers & Merchants Bank Profit Sharing 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. First Farmers & Merchants Bank Profit Sharing Plan sits mid-pack in the medium band (212 participants).

EBSA filing schedule strip

Filing strip 620198110 · First Farmers & Merchants Bank PY 2022 · Profit Sharing

First Farmers & Merchants Bank Profit Sharing Plan · $27M · 212 · 81st

  • IND $27M
  • EOY 212
  • 5500 81st
  • ASSETS Profit Sharing
  • PCT near Nan Ya Plastics Corporation, America Employees Pension Plan
  • EIN ind #6464

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 Tennessee →

First Farmers & Merchants Bank Profit Sharing Plan in the asset neighbourhood

Nan Ya Plastics Corporation, America Employees Pension PlanNan Ya Plastics Corporation,…$27MFirst Farmers & Merchants Bank Profit Sharing PlanFirst Farmers & Merchants Ba…$27MOmni Family Health 403(b) PlanOmni Family Health 403(b) Pl…$26MI.B.E.W. Local #490 Annuity PlanI.B.E.W. Local #490 Annuity …$26MHmh Emergency Medical Group 401(k) Profit Sharing PlanHmh Emergency Medical Group …$26M
End-of-year total assets ($M) among First Farmers & Merchants Bank Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$27M
Net Income-$4M
Employer EIN620198110
Plan Effective Date1959-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (First Farmers & Merchants Bank)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$29M 8.310432966486438% vs 2022
2024 filing year
$26M$27M$28M$29M 202220232024 $26.5M $28.7M ▲ +8.3%
Year Plans Participants Total Assets
2022 1 212 $27M
2023 1 201 $28M
2024 1 197 $29M

Nearby Profit Sharing Plans in Tennessee

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

First Farmers & Merchants Bank Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 0100200300400500 Total assets ($M) Participants First Farmers & Merchants Bank Profit Sharing Plan, Total assets ($M): 26.529051 · Participants: 212First Farmers & Merchants Bank Profit Sharing PlanBallad Health 401(a) Plan, Total assets ($M): 463.186741 · Participants: 5937Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 77.087682 · Participants: 740Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 65.745095 · Participants: 1451New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 53.69646 · Participants: 236Ulps Employee Savings PlanUniversity School of Nashville Retirement Plan, Total assets ($M): 33.845021 · Participants: 209University School of Nashville Retirement Plan
First Farmers & Merchants Bank Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare First Farmers & Merchants Bank Profit Sharing Plan side-by-side with 3 peers →

First Farmers & Merchants Bank Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Nan Ya Plastics Corporation, America Employees Pension Plan in NJ ($27M); by covered participants it is The Mental Health Association of Westchester County, Inc. Profit Sharing Plan in NY (212 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (212 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 First Farmers & Merchants Bank Profit Sharing Plan assets move in 2022? ▼
First Farmers & Merchants Bank Profit Sharing Plan pulled back noticeably - down 12.1% during 2022, from $30M to $27M. Reported net income was -$4M.
How have First Farmers & Merchants Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Farmers & Merchants Bank's sponsor-wide assets grew 8.3%, from $27M to $29M.
Where does First Farmers & Merchants Bank Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First Farmers & Merchants Bank Profit Sharing Plan ranks in the 81st 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 Profit Sharing plans are similar in size to First Farmers & Merchants Bank Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Nan Ya Plastics Corporation, America Employees Pension Plan in NJ ($27M, 1,135 participants).
Which Profit Sharing plans cover a similar participant headcount to First Farmers & Merchants Bank Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The Mental Health Association of Westchester County, Inc. Profit Sharing Plan in NY (212 participants, $8M 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 620198110.

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.