Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Farmers State Bank Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Farmers State Bank · Texas · Finance & Insurance

What the 2023 filing shows

Farmers State Bank Pension Plan holds $10M for 51 participants — about $202,204 per participant, down 30.0% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
51
covered participants
$202,204
avg assets per participant
-30.0%
assets change YoY

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.

Total Assets (2023)
$10M
Participants
51
State
Industry
Finance & Insurance

What the Filing Says About Farmers State Bank Pension Plan

Farmers State Bank Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Farmers State Bank, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 51 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 750264630, and the plan has been effective since 1969-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $15M at the beginning of 2022 to $10M at year-end — a decline of 30.0%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-4,415,799 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$15M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-4,415,799
Plan TypeDefined Benefit (Pension)
Employer EIN750264630
Plan Effective Date1969-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers State Bank)

Year Plans Participants Total Assets
2022 1 51 $10M
2023 1 47 N/A

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Farmers State Bank Pension Plan?
As of the 2022 Form 5500 filing, Farmers State Bank Pension Plan holds $10M in total assets with 51 participants. It is sponsored by Farmers State Bank.
What type of plan is Farmers State Bank Pension Plan?
Farmers State Bank Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1969-06-01. The plan is filed with the U.S. Department of Labor under EIN 750264630.
Who sponsors the Farmers State Bank Pension Plan?
Farmers State Bank Pension Plan is sponsored by Farmers State Bank, located in Texas. The sponsor's EIN is 750264630 and the plan operates in the Finance & Insurance industry.
How did Farmers State Bank Pension Plan perform in 2022?
Farmers State Bank Pension Plan declined by 30.0% during 2022, moving from $15M to $10M in total assets. Net income was $-4,415,799.
Where can I find official filings for Farmers State Bank Pension Plan?
Official Form 5500 filings for Farmers State Bank Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 750264630 or plan name at efast.dol.gov.
How does Farmers State Bank Pension Plan compare to other plans?
You can compare Farmers State Bank Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 750264630.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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