ESOP · DOL Form 5500 · 2023

The Farmers and Merchants Bankshares, Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
268
Participants Below avg headcount
61st
Percentile by assets National rank
$41,451
Avg per participant Low balance/head
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Official DOL plan name: The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan · Sponsored by The Farmers and Merchants Bankshares, Inc. · Arkansas · Finance & Insurance

$11M in assets, 268 participants

The Farmers and Merchants Bankshares, Inc.'s The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan reported $11M in total assets and 268 participants in its 2023 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.

  • #4,048 in Finance & Insurance (8,869 peers)

Coverage in Arkansas

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan covers 268 participants in Arkansas, about 10% of the average Arkansas filer (state average ~2,784 per filing). Assets: $11M.

#4,048
in Finance & Insurance (8,869 peers)
-17.6%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$11,108,962 Top 39% higher than 61% 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 and Merchants Bankshares, Inc. Employee Stock Ownership 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 and Merchants Bankshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (268 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan reported net income fell from -$921K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan end-of-year assets fell from $13M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan reported participants fell from 275 in the plan year 2022 filing to 268 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 710600180 · The Farmers and Merchants Bankshares, Inc. PY 2023 · ESOP

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan · $11M · 268 · 61st

  • SCH $11M
  • SCH 268
  • SCH 61st
  • SCH ESOP
  • SCH near Fleetwood Group, Inc. Employee Stock Ownership Plan
  • SCH ind #4048

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 What is an ESOP? → · Plans in Arkansas →

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ema Group, Inc. Employee Stock Ownership PlanEma Group, Inc. Employee Sto…$11MThe Farmers and Merchants Bankshares, Inc. Employee Stock Ownership PlanThe Farmers and Merchants Ba…$11MFleetwood Group, Inc. Employee Stock Ownership PlanFleetwood Group, Inc. Employ…$11MRonco Engineering Sales, Inc. Employee Stock Ownership PlanRonco Engineering Sales, Inc…$11MHigh Touch Holdings, Inc Employees Stock Ownership PlanHigh Touch Holdings, Inc Emp…$11M
End-of-year total assets ($M) among The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Arkansas filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN710600180
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Farmers and Merchants Bankshares, Inc.)

Sponsor-wide plan assets over time

All The Farmers and Merchants Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 66.10043940053288% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $31.4M $10.7M ▼ -66.1%
Year Plans Participants Total Assets
2022 2 562 $31M
2023 1 268 $11M
2024 1 254 $11M

Nearby ESOP Plans in Arkansas

Peer ESOP plans, same state, same plan type, ranked by total assets.

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -2000200400600 Total assets ($M) Participants The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan, Total assets ($M): 11.108962 · Participants: 268The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership PlanCentral States, Inc. Employee Stock Ownership Plan, Total assets ($M): 495.637041 · Participants: 1113Central States, Inc. Employee Stock Ownership PlanCentral Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust, Total assets ($M): 351.515956 · Participants: 119Central Moloney, Inc. Salaried Employee Stock Ownership Plan and TrustHarps Food Stores, Inc. Employee Stock Ownership Plan, Total assets ($M): 305.504524 · Participants: 2833Harps Food Stores, Inc. Employee Stock Ownership PlanE.C. Barton & Company Employee Stock Ownership Plan & Trust, Total assets ($M): 167.149092 · Participants: 674E.C. Barton & Company Employee Stock Ownership Plan & TrustRubber & Gasket Company of America Employee Stock Ownership Plan, Total assets ($M): 64.127237 · Participants: 147Rubber & Gasket Company of America Employee Stock Ownership Plan
The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants
Compare The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arkansas, the nearest ESOP by assets is Fleetwood Group, Inc. Employee Stock Ownership Plan in MI ($11M); by covered participants it is Pro2serve Employee Stock Ownership Plan in TN (268 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (268 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 and Merchants Bankshares, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan declined sharply - down 17.6% during 2023, from $13M to $11M. Reported net income was -$2M.
How have The Farmers and Merchants Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Farmers and Merchants Bankshares, Inc.'s sponsor-wide assets declined 66.1%, from $31M to $11M.
Which ESOP plans are similar in size to The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Fleetwood Group, Inc. Employee Stock Ownership Plan in MI ($11M, 122 participants).
Which ESOP plans cover a similar participant headcount to The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pro2serve Employee Stock Ownership Plan in TN (268 participants, $9M 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 710600180.

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.