401(k) · DOL Form 5500 · 2023

Farmers State Bank 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
164
Participants Small participant base
68th
Percentile by assets National rank
$95,316
Avg per participant Below avg balance/head
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Official DOL plan name: Farmers State Bank Employees' 401(k) Plan · Sponsored by Farmers State Bank · Indiana · Finance & Insurance

$16M in assets, 164 participants

Farmers State Bank's Farmers State Bank Employees' 401(k) Plan reported $16M in total assets and 164 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,733 in Finance & Insurance (8,869 peers)

Coverage in Indiana

Farmers State Bank Employees' 401(k) Plan covers 164 participants in Indiana, about 30% of the average Indiana filer (state average ~541 per filing). Assets: $16M.

#4,733
in Finance & Insurance (8,869 peers)
+16.6%
assets growth YoY

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

Farmers State Bank Employees' 401(k) Plan vs every filed plan by assets

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

$15,631,773 Top 32% higher than 68% 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

Farmers State Bank Employees' 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. Farmers State Bank Employees' 401(k) Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farmers State Bank Employees' 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Farmers State Bank Employees' 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Farmers State Bank Employees' 401(k) Plan reported participants rose from 160 in the plan year 2022 filing to 164 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 350303690 · Farmers State Bank PY 2023 · 401(k)

Farmers State Bank Employees' 401(k) Plan · $16M · 164 · 68th

  • SCH $16M
  • EBSA 164
  • PART 68th
  • TYPE 401(k)
  • NET near Devil Mountain Wholesale Nursery 401(k) Profit Sharing Plan
  • BOOK ind #4733

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 Indiana →

Farmers State Bank Employees' 401(k) Plan in the asset neighbourhood

Farmers State Bank Employees' 401(k) PlanFarmers State Bank Employees…$16MDevil Mountain Wholesale Nursery 401(k) Profit Sharing PlanDevil Mountain Wholesale Nur…$16MOrthopaedics East & Sports Medicine Center, Inc. Profit Sharing PlanOrthopaedics East & Sports M…$16MHeart of America 401(k) Plan$16MMirantis, Inc 401(k) Profit Sharing Plan TrustMirantis, Inc 401(k) Profit …$16M
End-of-year total assets ($M) among Farmers State Bank Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN350303690
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers State Bank)

Sponsor-wide plan assets over time

All Farmers State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$18M 31.72782415739213% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.4M $17.7M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 160 $13M
2023 1 164 $16M
2024 1 149 $18M

Nearby 401(k) Plans in Indiana

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

Farmers State Bank Employees' 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Farmers State Bank Employees' 401(k) Plan, Total assets ($B): 0.015631773 · Participants: 164Farmers State Bank Employees' 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Farmers State Bank Employees' 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Farmers State Bank Employees' 401(k) Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is Devil Mountain Wholesale Nursery 401(k) Profit Sharing Plan in CA ($16M); by covered participants it is Daycon Products Company, Inc. 401(k) Plan in MD (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 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 Farmers State Bank Employees' 401(k) Plan assets move in 2023? ▼
Farmers State Bank Employees' 401(k) Plan grew sharply - up 16.6% during 2023, from $13M to $16M. Reported net income was $2M.
How have Farmers State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers State Bank's sponsor-wide assets grew 31.7%, from $13M to $18M.
Which 401(k) plans are similar in size to Farmers State Bank Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Devil Mountain Wholesale Nursery 401(k) Profit Sharing Plan in CA ($16M, 664 participants).
Which 401(k) plans cover a similar participant headcount to Farmers State Bank Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Daycon Products Company, Inc. 401(k) Plan in MD (164 participants, N/A 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 350303690.

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.