ESOP · DOL Form 5500 · 2024

Merchants & Farmers Bank of Dumas ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
38
Participants Small participant base
31st
Percentile by assets National rank
$59,037
Avg per participant Low balance/head
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Official DOL plan name: Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan · Sponsored by Merchants & Farmers Bank of Dumas · Arkansas · Finance & Insurance

$2M in assets, 38 participants

Merchants & Farmers Bank of Dumas's Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan reported $2M in total assets and 38 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,677 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan holds $2M for 38 participants - about $59,037 per participant, in the lower half of filed plans by assets.

#1,677
in Finance & Insurance (8,549 peers)
-0.7%
assets change YoY

The plan reported a net loss of $16K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan among the smaller filed plans by assets

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,243,389 31st percentile higher than 31% of 123,620 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 2024

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan is a small filing (38 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan reported net income fell from $82K in the plan year 2023 filing to -$16K in the plan year 2024 filing.
  • Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan reported participants fell from 39 in the plan year 2023 filing to 38 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 710120590 · Merchants & Farmers Bank of Dumas PY 2024 · ESOP

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan · $2M · 38 · 31st

  • BOOK $2M
  • VS-ST 38
  • BOY 31st
  • SCH ESOP
  • EBSA near U.S. Housing Components Employee Stock Ownership Plan
  • PART ind #1677

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 →

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan in the asset neighbourhood

U.S. Housing Components Employee Stock Ownership PlanU.S. Housing Components Empl…$2MPalmetto Engineering Employee Stock Ownership PlanPalmetto Engineering Employe…$2MWayne Bank Employee Stock Ownership PlanWayne Bank Employee Stock Ow…$2MDynamic Site Solutions Employee Stock Ownership PlanDynamic Site Solutions Emplo…$2MMerchants & Farmers Bank of Dumas Employee Stock Ownership PlanMerchants & Farmers Bank of …$2M
End-of-year total assets ($M) among Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$16K
Employer EIN710120590
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merchants & Farmers Bank of Dumas)

Sponsor-wide plan assets over time

All Merchants & Farmers Bank of Dumas plans reported in each filing year

Latest sponsor-wide plan assets
$2M 3.0380150318476016% vs 2022
2024 filing year
$2.15M$2.2M$2.25M$2.3M 202220232024 $2.18M $2.24M ▲ +2.8%
Year Plans Participants Total Assets
2022 1 31 $2M
2023 1 39 $2M
2024 1 38 $2M

Nearby ESOP Plans in Arkansas

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

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -2000200400600 Total assets ($M) Participants Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan, Total assets ($M): 2.243389 · Participants: 38Merchants & Farmers Bank of Dumas Employee Stock Ownership PlanCentral States, Inc. Employee Stock Ownership Plan, Total assets ($M): 475.871389 · Participants: 1400Central States, Inc. Employee Stock Ownership PlanHarps Food Stores, Inc. Employee Stock Ownership Plan, Total assets ($M): 317.018358 · Participants: 3196Harps Food Stores, Inc. Employee Stock Ownership PlanCentral Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust, Total assets ($M): 102.789406 · Participants: 0Central Moloney, Inc. Salaried Employee Stock Ownership Plan and TrustRubber & Gasket Company of America Employee Stock Ownership Plan, Total assets ($M): 70.150614 · Participants: 147Rubber & Gasket Company of America Employee Stock Ownership PlanHytrol Conveyor Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 47.625563 · Participants: 1295Hytrol Conveyor Co., Inc. Employee Stock Ownership Plan
Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants

Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arkansas, the nearest ESOP by assets is U.S. Housing Components Employee Stock Ownership Plan in KY ($2M); by covered participants it is Foresight Bank Employee Stock Ownership Plan in MN (38 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan assets move in 2024?
Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan held essentially flat - down 0.7% during 2024, from $2M to $2M. Reported net income was -$16K.
How have Merchants & Farmers Bank of Dumas plan assets changed over time?
Across 3 plan years on file (2022-2024), Merchants & Farmers Bank of Dumas's sponsor-wide assets grew 3.0%, from $2M to $2M.
Which ESOP plans are similar in size to Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is U.S. Housing Components Employee Stock Ownership Plan in KY ($2M, 75 participants).
Which ESOP plans cover a similar participant headcount to Merchants & Farmers Bank of Dumas Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Foresight Bank Employee Stock Ownership Plan in MN (38 participants, $6M in assets).