Defined Benefit (Pension) · DOL Form 5500 · 2024

The Farmers Bank Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
142
Participants Small participant base
64th
Percentile by assets National rank
$104,450
Avg per participant Below avg balance/head
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Official DOL plan name: The Farmers Bank Defined Benefit Pension Plan · Sponsored by The Farmers Bank · Tennessee · Finance & Insurance

$15M in assets, 142 participants

The Farmers Bank's The Farmers Bank Defined Benefit Pension Plan reported $15M in total assets and 142 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,130 in Finance & Insurance (8,549 peers)

Coverage in Tennessee

The Farmers Bank Defined Benefit Pension Plan covers 142 participants in Tennessee, about 13% of the average Tennessee filer (state average ~1,126 per filing). Assets: $15M.

#4,130
in Finance & Insurance (8,549 peers)
+2.9%
assets growth YoY

The Farmers Bank Defined Benefit Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

The Farmers Bank Defined Benefit Pension Plan vs every filed plan by assets

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

$14,831,887 Top 36% higher than 64% 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

The Farmers Bank Defined Benefit Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Farmers Bank Defined Benefit Pension Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Farmers Bank Defined Benefit Pension Plan reported net income fell from $2M in the plan year 2023 filing to $424K in the plan year 2024 filing.
  • The Farmers Bank Defined Benefit Pension Plan end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • The Farmers Bank Defined Benefit Pension Plan reported participants rose from 139 in the plan year 2023 filing to 142 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 620197640 · The Farmers Bank PY 2024 · Defined Benefit (Pension)

The Farmers Bank Defined Benefit Pension Plan · $15M · 142 · 64th

  • NET $15M
  • NET 142
  • NET 64th
  • NET Defined Benefit (Pension)
  • NET near Retirement Plan for Non-Bargaining Employees of Ace Glass Incorporated
  • NET ind #4130

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 Tennessee →

The Farmers Bank Defined Benefit Pension Plan in the asset neighbourhood

Local 6559 Pension Fund$15MSouth Peninsula Hospital Employees Pension Plan and TrustSouth Peninsula Hospital Emp…$15MTheatrical Stage Employees Union Local No. 27 Defined Benefit PlanTheatrical Stage Employees U…$15MRetirement Plan for Non-Bargaining Employees of Ace Glass IncorporatedRetirement Plan for Non-Barg…$15MThe Farmers Bank Defined Benefit Pension PlanThe Farmers Bank Defined Ben…$15M
End-of-year total assets ($M) among The Farmers Bank Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$424K
Employer EIN620197640
Plan Effective Date1973-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Farmers Bank)

Sponsor-wide plan assets over time

All The Farmers Bank plans reported in each filing year

Latest sponsor-wide plan assets
$33M 30.432726428937617% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $25M $32.6M ▲ +30.4%
Year Plans Participants Total Assets
2022 2 287 $25M
2023 2 291 $30M
2024 2 299 $33M

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Farmers Bank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants The Farmers Bank Defined Benefit Pension Plan, Total assets ($B): 0.014831887 · Participants: 142The Farmers Bank Defined Benefit Pension PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.858555454 · Participants: 125941Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.18942151 · Participants: 20795Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.839667916 · Participants: 3134Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.400126032 · Participants: 6357Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 1.97251328 · Participants: 2516Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
The Farmers Bank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare The Farmers Bank Defined Benefit Pension Plan side-by-side with 3 peers →

The Farmers Bank Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Non-Bargaining Employees of Ace Glass Incorporated in NJ ($15M); by covered participants it is IBEW Local 840 Pension Fund in NY (142 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (142 participants); asset peers above are excluded.

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 The Farmers Bank Defined Benefit Pension Plan assets move in 2024? ▼
The Farmers Bank Defined Benefit Pension Plan edged up modestly - up 2.9% during 2024, from $14M to $15M. Reported net income was $424K.
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 30.4%, from $25M to $33M.
Which Defined Benefit (Pension) plans are similar in size to The Farmers Bank Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Non-Bargaining Employees of Ace Glass Incorporated in NJ ($15M, 32 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Farmers Bank Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is IBEW Local 840 Pension Fund in NY (142 participants, $32M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 620197640.

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.