401(k) · DOL Form 5500 · 2023

The Farmers Bank 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
152
Participants Small participant base
67th
Percentile by assets National rank
$100,238
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Farmers Bank 401(k) Plan · Sponsored by The Farmers Bank · Tennessee · Finance & Insurance

$15M in assets, 152 participants

The Farmers Bank's The Farmers Bank 401(k) Plan reported $15M in total assets and 152 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,669 in Finance & Insurance (8,869 peers)

Coverage in Tennessee

The Farmers Bank 401(k) Plan covers 152 participants in Tennessee, about 13% of the average Tennessee filer (state average ~1,126 per filing). Assets: $15M.

#4,669
in Finance & Insurance (8,869 peers)
+19.8%
assets growth YoY

The Farmers Bank 401(k) Plan's outsized position by total assets

The Farmers Bank 401(k) Plan vs every filed plan by assets

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

$15,236,196 Top 33% higher than 67% 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 Bank 401(k) 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 Bank 401(k) Plan sits mid-pack in the medium band (152 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Farmers Bank 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Farmers Bank 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 620197640 · The Farmers Bank PY 2023 · 401(k)

The Farmers Bank 401(k) Plan · $15M · 152 · 67th

  • SCH $15M
  • EBSA 152
  • PART 67th
  • TYPE 401(k)
  • NET near Marin Software Incorporated 401(k) Plan
  • BOOK ind #4669

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 →

The Farmers Bank 401(k) Plan in the asset neighbourhood

The Farmers Bank 401(k) Plan$15MMarin Software Incorporated 401(k) PlanMarin Software Incorporated …$15M4leaf, Inc. 401(k) Profit Sharing Plan4leaf, Inc. 401(k) Profit Sh…$15MAtlantis Submarines Hawaii 401(k) PlanAtlantis Submarines Hawaii 4…$15MClub Med Sales and Management Employee Retirement PlanClub Med Sales and Managemen…$15M
End-of-year total assets ($M) among The Farmers Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN620197640
Plan Effective Date1999-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Farmers Bank)

Sponsor-wide plan assets over time

All The Farmers Bank plans reported in each filing year

Latest sponsor-wide plan assets
$33M 30.432726428937617% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $25M $32.6M ▲ +30.4%
Year Plans Participants Total Assets
2022 2 287 $25M
2023 2 291 $30M
2024 2 299 $33M

Nearby 401(k) Plans in Tennessee

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

The Farmers Bank 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants The Farmers Bank 401(k) Plan, Total assets ($B): 0.015236196 · Participants: 152The Farmers Bank 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
The Farmers Bank 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare The Farmers Bank 401(k) Plan side-by-side with 3 peers →

The Farmers Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Marin Software Incorporated 401(k) Plan in CA ($15M); by covered participants it is Rapid Financial Services, LLC 401(k) Retirement Plan in MD (152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (152 participants); asset peers above are excluded.

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 Bank 401(k) Plan assets move in 2023? ▼
The Farmers Bank 401(k) Plan grew sharply - up 19.8% during 2023, from $13M to $15M. Reported net income was $3M.
How have The Farmers Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Farmers Bank's sponsor-wide assets grew 30.4%, from $25M to $33M.
Which 401(k) plans are similar in size to The Farmers Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Marin Software Incorporated 401(k) Plan in CA ($15M, 97 participants).
Which 401(k) plans cover a similar participant headcount to The Farmers Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rapid Financial Services, LLC 401(k) Retirement Plan in MD (152 participants, $8M 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 620197640.

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.