ESOP · DOL Form 5500 · 2023

Farmers Bancshares, Inc. ESOP

Data updated 2026-08-25

$446K
Total assets Small plan by assets
75
Participants Small participant base
17th
Percentile by assets National rank
$5,952
Avg per participant Low balance/head
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Official DOL plan name: Farmers Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Farmers Bancshares, Inc. · Ohio · Finance & Insurance

$446K in assets, 75 participants

Farmers Bancshares, Inc.'s Farmers Bancshares, Inc. Employee Stock Ownership Plan reported $446K in total assets and 75 participants in its 2023 DOL Form 5500 filing, ranking in the 17th 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.

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

Farmers Bancshares, Inc. multi-year trail

Farmers Bancshares, Inc.'s plans moved -58.2% in assets from 2022 to 2024; this filing shows Farmers Bancshares, Inc. Employee Stock Ownership Plan at $446K / 75 participants.

#913
in Finance & Insurance (8,869 peers)
-49.3%
assets change YoY

The plan reported a net loss of $435K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Farmers Bancshares, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Farmers Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$446,420 17th percentile higher than 17% 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 Bancshares, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farmers Bancshares, Inc. Employee Stock Ownership Plan is a small filing (75 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farmers Bancshares, Inc. Employee Stock Ownership Plan reported net income fell from $23K in the plan year 2022 filing to -$435K in the plan year 2023 filing.
  • Farmers Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets fell from $881K in the plan year 2022 filing to $446K in the plan year 2023 filing.
  • Farmers Bancshares, Inc. Employee Stock Ownership Plan reported participants fell from 82 in the plan year 2022 filing to 75 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311146050 · Farmers Bancshares, Inc. PY 2023 · ESOP

Farmers Bancshares, Inc. Employee Stock Ownership Plan · $446K · 75 · 17th

  • 5500 $446K
  • 5500 75
  • 5500 17th
  • 5500 ESOP
  • 5500 near Survival Systems USA, Inc. Employee Stock Ownership Plan
  • 5500 ind #913

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 Ohio →

Farmers Bancshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Farmers Bancshares, Inc. Employee Stock Ownership PlanFarmers Bancshares, Inc. Emp…$446KSurvival Systems USA, Inc. Employee Stock Ownership PlanSurvival Systems USA, Inc. E…$446KE-Pak Machinery, Inc. Employee Stock Ownership PlanE-Pak Machinery, Inc. Employ…$448KWidelity, Inc. Employee Stock Ownership PlanWidelity, Inc. Employee Stoc…$448KElectro-Sensors, Inc. Employee Stock Ownership Plan and TrustElectro-Sensors, Inc. Employ…$443K
End-of-year total assets ($M) among Farmers Bancshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Farmers Bancshares, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Farmers Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$369K 58.15529737614293% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M 202220232024 $0.88M $0.37M ▼ -58.0%
Year Plans Participants Total Assets
2022 1 82 $881K
2023 1 75 $446K
2024 1 69 $369K

Farmers Bancshares, Inc. filing trail (2023)

Total Assets (Beginning of Year)$881K
Net Assets (End of Year)$446K
Net Income-$435K
Employer EIN311146050
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Farmers Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Farmers Bancshares, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00044642 · Participants: 75Farmers Bancshares, Inc. Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Farmers Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Farmers Bancshares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest ESOP by assets is Survival Systems USA, Inc. Employee Stock Ownership Plan in CT ($446K); by covered participants it is Mountz, Inc. Employee Stock Ownership Plan and Trust in CA (75 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (75 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 Bancshares, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Farmers Bancshares, Inc. Employee Stock Ownership Plan contracted severely - down 49.3% during 2023, from $881K to $446K. Reported net income was -$435K.
How have Farmers Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers Bancshares, Inc.'s sponsor-wide assets declined 58.2%, from $881K to $369K.
Where does Farmers Bancshares, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Farmers Bancshares, Inc. Employee Stock Ownership Plan ranks in the 17th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Farmers Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Survival Systems USA, Inc. Employee Stock Ownership Plan in CT ($446K, 29 participants).
Which ESOP plans cover a similar participant headcount to Farmers Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mountz, Inc. Employee Stock Ownership Plan and Trust in CA (75 participants, $14M 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 311146050.

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.