401(k) · DOL Form 5500 · 2022

Merchants & Marine Bank 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
154
Participants Small participant base
61st
Percentile by assets National rank
$54,844
Avg per participant Low balance/head
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Official DOL plan name: Merchants & Marine Bank 401 (K) Retirement Plan · Sponsored by Merchants & Marine Bank · Mississippi · Finance & Insurance

$8M in assets, 154 participants

Merchants & Marine Bank's Merchants & Marine Bank 401 (K) Retirement Plan reported $8M in total assets and 154 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #4,152 in Finance & Insurance (9,261 peers)

Coverage in Mississippi

Merchants & Marine Bank 401 (K) Retirement Plan covers 154 participants in Mississippi, about 42% of the average Mississippi filer (state average ~366 per filing). Assets: $8M.

#4,152
in Finance & Insurance (9,261 peers)
-9.3%
assets change YoY

The plan reported a net loss of $863K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Merchants & Marine Bank 401 (K) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Merchants & Marine Bank 401 (K) Retirement Plan vs every filed plan by assets

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

$8,445,930 Top 39% higher than 61% 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

Merchants & Marine Bank 401 (K) Retirement 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. Merchants & Marine Bank 401 (K) Retirement Plan sits mid-pack in the medium band (154 participants).

DOL schedule card

Filing strip 646016232 · Merchants & Marine Bank PY 2022 · 401(k)

Merchants & Marine Bank 401 (K) Retirement Plan · $8M · 154 · 61st

  • EBSA $8M
  • PART 154
  • TYPE 61st
  • NET 401(k)
  • BOOK near Midsouth Bancorporation 401(k) Profit Sharing Plan
  • VS-ST ind #4152

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 Mississippi →

Merchants & Marine Bank 401 (K) Retirement Plan in the asset neighbourhood

Merchants & Marine Bank 401 (K) Retirement PlanMerchants & Marine Bank 401 …$8MMidsouth Bancorporation 401(k) Profit Sharing PlanMidsouth Bancorporation 401(…$8MGrand Peaks Property Management, Inc. Retirement PlanGrand Peaks Property Managem…$8MField Nation 401(k)$8MEnvieta Retirement Savings PlanEnvieta Retirement Savings P…$8M
End-of-year total assets ($M) among Merchants & Marine Bank 401 (K) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Mississippi filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$863K
Employer EIN646016232
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merchants & Marine Bank)

Sponsor-wide plan assets over time

All Merchants & Marine Bank plans reported in each filing year

Latest sponsor-wide plan assets
$24M 17.563303191412952% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $20.3M $23.8M ▲ +17.6%
Year Plans Participants Total Assets
2022 2 174 $20M
2023 2 192 $23M
2024 2 227 $24M

Nearby 401(k) Plans in Mississippi

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

Merchants & Marine Bank 401 (K) Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -2000200400600800 Total assets ($M) Participants Merchants & Marine Bank 401 (K) Retirement Plan, Total assets ($M): 8.44593 · Participants: 154Merchants & Marine Bank 401 (K) Retirement PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 717.418669 · Participants: 6553Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 560.12104 · Participants: 3038Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 467.614065 · Participants: 3323Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 432.693601 · Participants: 2626Southern Farm Bureau and Adopting Companies 401(k) PlanTrustmark 401(k) Plan, Total assets ($M): 344.903275 · Participants: 2730Trustmark 401(k) Plan
Merchants & Marine Bank 401 (K) Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Merchants & Marine Bank 401 (K) Retirement Plan side-by-side with 3 peers →

Merchants & Marine Bank 401 (K) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Midsouth Bancorporation 401(k) Profit Sharing Plan in AL ($8M); by covered participants it is Kenna Security, Inc. 401(k) Plan in CA (154 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (154 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 Merchants & Marine Bank 401 (K) Retirement Plan assets move in 2022? ▼
Merchants & Marine Bank 401 (K) Retirement Plan pulled back noticeably - down 9.3% during 2022, from $9M to $8M. Reported net income was -$863K.
How have Merchants & Marine Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merchants & Marine Bank's sponsor-wide assets grew 17.6%, from $20M to $24M.
Which 401(k) plans are similar in size to Merchants & Marine Bank 401 (K) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Midsouth Bancorporation 401(k) Profit Sharing Plan in AL ($8M, 84 participants).
Which 401(k) plans cover a similar participant headcount to Merchants & Marine Bank 401 (K) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kenna Security, Inc. 401(k) Plan in CA (154 participants, N/A 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 646016232.

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.