401(k) · DOL Form 5500 · 2023

Farmers & Merchants Bank 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
201
Participants Below avg headcount
63rd
Percentile by assets National rank
$62,507
Avg per participant Low balance/head
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Official DOL plan name: Sba Defined Contribution Plan for Farmers & Merchants Bank · Sponsored by Farmers & Merchants Bank · Virginia · Finance & Insurance

$13M in assets, 201 participants

Farmers & Merchants Bank's Sba Defined Contribution Plan for Farmers & Merchants Bank reported $13M in total assets and 201 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,295 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Sba Defined Contribution Plan for Farmers & Merchants Bank covers 201 participants in Virginia, about 26% of the average Virginia filer (state average ~782 per filing). Assets: $13M.

#4,295
in Finance & Insurance (8,869 peers)
+20.1%
assets growth YoY

Sba Defined Contribution Plan for Farmers & Merchants Bank's mid-pack asset rank among Finance & Insurance and all filers

Sba Defined Contribution Plan for Farmers & Merchants Bank vs every filed plan by assets

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

$12,563,871 Top 37% higher than 63% 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

Sba Defined Contribution Plan for Farmers & Merchants Bank 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. Sba Defined Contribution Plan for Farmers & Merchants Bank sits mid-pack in the medium band (201 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sba Defined Contribution Plan for Farmers & Merchants Bank reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sba Defined Contribution Plan for Farmers & Merchants Bank end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Sba Defined Contribution Plan for Farmers & Merchants Bank reported participants fell from 205 in the plan year 2022 filing to 201 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 540208040 · Farmers & Merchants Bank PY 2023 · 401(k)

Sba Defined Contribution Plan for Farmers & Merchants Bank · $13M · 201 · 63rd

  • EIN $13M
  • EIN 201
  • EIN 63rd
  • EIN 401(k)
  • EIN near Novus Media Retirement Savings Plan
  • EIN ind #4295

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 Virginia →

Sba Defined Contribution Plan for Farmers & Merchants Bank in the asset neighbourhood

Sba Defined Contribution Plan for Farmers & Merchants BankSba Defined Contribution Pla…$13MNovus Media Retirement Savings PlanNovus Media Retirement Savin…$13MNations Reliable Lending, LLC 401(k) Profit Sharing PlanNations Reliable Lending, LL…$13MSafe-Harbor 401(k) Profit Sharing Plan for Employees of MaryvaleSafe-Harbor 401(k) Profit Sh…$13MAvgol America, Inc. 401(k) PlanAvgol America, Inc. 401(k) P…$13M
End-of-year total assets ($M) among Sba Defined Contribution Plan for Farmers & Merchants Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN540208040
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers & Merchants Bank)

Sponsor-wide plan assets over time

All Farmers & Merchants Bank plans reported in each filing year

Latest sponsor-wide plan assets
$11M 6.037117345414122% vs 2022
2024 filing year
$10M$11M$12M$13M 202220232024 $10.5M $11.1M ▲ +6.0%
Year Plans Participants Total Assets
2022 1 205 $10M
2023 1 201 $13M
2024 1 206 $11M

Nearby 401(k) Plans in Virginia

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

Sba Defined Contribution Plan for Farmers & Merchants Bank vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sba Defined Contribution Plan for Farmers & Merchants Bank, Total assets ($B): 0.012563871 · Participants: 201Sba Defined Contribution Plan for Farmers & Merchants BankNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Sba Defined Contribution Plan for Farmers & Merchants Bank vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Sba Defined Contribution Plan for Farmers & Merchants Bank side-by-side with 3 peers →

Sba Defined Contribution Plan for Farmers & Merchants Bank's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Novus Media Retirement Savings Plan in MN ($13M); by covered participants it is Satair USA, Inc. Retirement Savings Plan in GA (201 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (201 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 Sba Defined Contribution Plan for Farmers & Merchants Bank assets move in 2023? ▼
Sba Defined Contribution Plan for Farmers & Merchants Bank grew sharply - up 20.1% during 2023, from $10M to $13M. Reported net income was $2M.
How have Farmers & Merchants Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers & Merchants Bank's sponsor-wide assets grew 6.0%, from $10M to $11M.
Which 401(k) plans are similar in size to Sba Defined Contribution Plan for Farmers & Merchants Bank? ▼
Among 401(k) plans in other states, the closest by assets is Novus Media Retirement Savings Plan in MN ($13M, 94 participants).
Which 401(k) plans cover a similar participant headcount to Sba Defined Contribution Plan for Farmers & Merchants Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Satair USA, Inc. Retirement Savings Plan in GA (201 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 540208040.

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.