401(k) · DOL Form 5500 · 2023

The Farmers & Merchants State Bank 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
432
Participants Below avg headcount
83rd
Percentile by assets National rank
$90,022
Avg per participant Below avg balance/head
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Official DOL plan name: The Farmers & Merchants State Bank 401(k) Profit Sharing Plan · Sponsored by The Farmers & Merchants State Bank · Ohio · Finance & Insurance

$39M in assets, 432 participants

The Farmers & Merchants State Bank's The Farmers & Merchants State Bank 401(k) Profit Sharing Plan reported $39M in total assets and 432 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,520 in Finance & Insurance (8,869 peers)

Where The Farmers & Merchants State Bank 401(k) Profit Sharing Plan sits by assets

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $39M for 432 participants (~$90,022/participant), up 22.6% in 2023.

#6,520
in Finance & Insurance (8,869 peers)
+22.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan's outsized position by total assets

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$38,889,308 Top 17% higher than 83% of 127,068 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 2023

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Farmers & Merchants State Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (432 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Farmers & Merchants State Bank 401(k) Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • The Farmers & Merchants State Bank 401(k) Profit Sharing Plan end-of-year assets rose from $32M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • The Farmers & Merchants State Bank 401(k) Profit Sharing Plan reported participants rose from 385 in the plan year 2022 filing to 432 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 344230390 · The Farmers & Merchants State Bank PY 2023 · 401(k)

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan · $39M · 432 · 83rd

  • RANK $39M
  • RANK 432
  • RANK 83rd
  • RANK 401(k)
  • RANK near Employees' Benefit Plan of Barr & Barr, Inc.
  • RANK ind #6520

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 →

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan in the asset neighbourhood

The Farmers & Merchants State Bank 401(k) Profit Sharing PlanThe Farmers & Merchants Stat…$39MEmployees' Benefit Plan of Barr & Barr, Inc.Employees' Benefit Plan of B…$39MHealthesystems 401(k) Plan$39MElantas Pdg, Inc. 401(k) Plan$39MDelphix Corp. 401(k) Plan$39M
End-of-year total assets ($M) among The Farmers & Merchants State Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$39M
Net Income$7M
Employer EIN344230390
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Farmers & Merchants State Bank)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$44M 37.49774040235605% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $31.7M $43.6M ▲ +37.5%
Year Plans Participants Total Assets
2022 1 385 $32M
2023 1 432 $39M
2024 1 457 $44M

Nearby 401(k) Plans in Ohio

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

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants The Farmers & Merchants State Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.038889308 · Participants: 432The Farmers & Merchants State Bank 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
The Farmers & Merchants State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare The Farmers & Merchants State Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Employees' Benefit Plan of Barr & Barr, Inc. in NY ($39M); by covered participants it is Kelly Tractor Co. Savings & Profit Sharing Plan in FL (432 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Farmers & Merchants State Bank 401(k) Profit Sharing Plan assets move in 2023? ▼
The Farmers & Merchants State Bank 401(k) Profit Sharing Plan grew sharply - up 22.6% during 2023, from $32M to $39M. Reported net income was $7M.
How have The Farmers & Merchants State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Farmers & Merchants State Bank's sponsor-wide assets grew 37.5%, from $32M to $44M.
Where does The Farmers & Merchants State Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
The Farmers & Merchants State Bank 401(k) Profit Sharing Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Farmers & Merchants State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Employees' Benefit Plan of Barr & Barr, Inc. in NY ($39M, 145 participants).
Which 401(k) plans cover a similar participant headcount to The Farmers & Merchants State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kelly Tractor Co. Savings & Profit Sharing Plan in FL (432 participants, $61M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 344230390.

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.