Profit Sharing · DOL Form 5500 · 2023

The Farmers Bank Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
13
Participants Small participant base
38th
Percentile by assets National rank
$265,463
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Farmers Bank Amended and Restated Profit Plan · Sponsored by The Farmers Bank · Georgia · Finance & Insurance

$3M in assets, 13 participants

The Farmers Bank's The Farmers Bank Amended and Restated Profit Plan reported $3M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

  • #2,334 in Finance & Insurance (8,869 peers)

2023 asset change

The Farmers Bank Amended and Restated Profit Plan grew sharply 27.5% in 2023 ($3M → $3M) for 13 participants.

#2,334
in Finance & Insurance (8,869 peers)
+27.5%
assets growth YoY

The Farmers Bank Amended and Restated Profit Plan's mid-pack asset rank among Finance & Insurance and all filers

The Farmers Bank Amended and Restated Profit Plan vs every filed plan by assets

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

$3,451,015 38th percentile higher than 38% 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 Amended and Restated Profit 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. The Farmers Bank Amended and Restated Profit Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Farmers Bank Amended and Restated Profit Plan reported net income rose from -$710K in the plan year 2022 filing to $744K in the plan year 2023 filing.
  • The Farmers Bank Amended and Restated Profit Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Farmers Bank Amended and Restated Profit Plan reported participants fell from 14 in the plan year 2022 filing to 13 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 580239250 · The Farmers Bank PY 2023 · Profit Sharing

The Farmers Bank Amended and Restated Profit Plan · $3M · 13 · 38th

  • PART $3M
  • PART 13
  • PART 38th
  • PART Profit Sharing
  • PART near Francine Piatt Miller Dds Profit Sharing Plan
  • PART ind #2334

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 Georgia →

The Farmers Bank Amended and Restated Profit Plan in the asset neighbourhood

The Farmers Bank Amended and Restated Profit PlanThe Farmers Bank Amended and…$3MFrancine Piatt Miller Dds Profit Sharing PlanFrancine Piatt Miller Dds Pr…$3MMason Insurance Agency, Inc. Profit Sharing PlanMason Insurance Agency, Inc.…$3MGilbert Wadina Ltd Profit Sharing Plan and TrustGilbert Wadina Ltd Profit Sh…$3MJalas Group Inc. Retirement PlanJalas Group Inc. Retirement …$3M
End-of-year total assets ($M) among The Farmers Bank Amended and Restated Profit Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

The Farmers Bank years around the 2023 move

Sponsor-wide plan assets over time

All The Farmers Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 4.323512736365634% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.71M $2.82M ▲ +4.1%
Year Plans Participants Total Assets
2022 1 14 $3M
2023 1 13 $3M
2024 1 9 $3M

2023 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$744K
Employer EIN580239250
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Georgia

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

The Farmers Bank Amended and Restated Profit Plan vs. nearby Profit Sharing plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -20246 Total assets ($B) Participants The Farmers Bank Amended and Restated Profit Plan, Total assets ($B): 0.003451015 · Participants: 13The Farmers Bank Amended and Restated Profit PlanEmory University Retirement Plan, Total assets ($B): 4.936168726 · Participants: 18725Emory University Retirement PlanEmory Healthcare, Inc. Retirement Savings and Matching Plan, Total assets ($B): 2.444051657 · Participants: 20830Emory Healthcare, Inc. Retirement Savings and Matching PlanThe Emory Clinic, Inc. Retirement Savings Plan, Total assets ($B): 0.8745202 · Participants: 2588The Emory Clinic, Inc. Retirement Savings PlanChildrens Healthcare of Atlanta Growth Plan, Total assets ($B): 0.344019371 · Participants: 12194Childrens Healthcare of Atlanta Growth PlanSoutheast Georgia Health System, Inc. 403(b) Retirement Savings Plan, Total assets ($B): 0.180609125 · Participants: 2508Southeast Georgia Health System, Inc. 403(b) Retirement Savings Plan
The Farmers Bank Amended and Restated Profit Plan vs. nearby Profit Sharing plans in Georgia, assets vs. participants

The Farmers Bank Amended and Restated Profit Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Georgia, the nearest Profit Sharing by assets is Francine Piatt Miller Dds Profit Sharing Plan in OH ($3M); by covered participants it is Tile & Light Art of Durango Inc. Retirement Plan in CO (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Amended and Restated Profit Plan assets move in 2023?
The Farmers Bank Amended and Restated Profit Plan grew sharply - up 27.5% during 2023, from $3M to $3M. Reported net income was $744K.
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 4.3%, from $3M to $3M.
Which Profit Sharing plans are similar in size to The Farmers Bank Amended and Restated Profit Plan?
Among Profit Sharing plans in other states, the closest by assets is Francine Piatt Miller Dds Profit Sharing Plan in OH ($3M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to The Farmers Bank Amended and Restated Profit Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Tile & Light Art of Durango Inc. Retirement Plan in CO (13 participants, $2M in assets).