401(k) · DOL Form 5500 · 2024

Farmers National Bank of Canfield 401(k) Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
533
Participants Below avg headcount
86th
Percentile by assets National rank
$113,747
Avg per participant Below avg balance/head
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Official DOL plan name: Farmers National Bank 401(k) Retirement Savings Plan · Sponsored by Farmers National Bank of Canfield · Ohio · Finance & Insurance

$61M in assets, 533 participants

Farmers National Bank of Canfield's Farmers National Bank 401(k) Retirement Savings Plan reported $61M in total assets and 533 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,724 in Finance & Insurance (8,549 peers)

Where Farmers National Bank 401(k) Retirement Savings Plan sits by assets

Farmers National Bank 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $61M for 533 participants (~$113,747/participant), up 1.4% in 2024.

#6,724
in Finance & Insurance (8,549 peers)
+1.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Farmers National Bank 401(k) Retirement Savings Plan's outsized position by total assets

Farmers National Bank 401(k) Retirement Savings Plan vs every filed plan by assets

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

$60,627,075 Top 14% higher than 86% 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

Farmers National Bank 401(k) Retirement Savings 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. Farmers National Bank 401(k) Retirement Savings Plan sits mid-pack in the medium band (533 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farmers National Bank 401(k) Retirement Savings Plan reported net income fell from $9M in the plan year 2023 filing to $834K in the plan year 2024 filing.
  • Farmers National Bank 401(k) Retirement Savings Plan reported participants rose from 454 in the plan year 2023 filing to 533 in the plan year 2024 filing.
  • Farmers National Bank 401(k) Retirement Savings Plan end-of-year assets rose from $60M in the plan year 2023 filing to $61M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 340214400 · Farmers National Bank of Canfield PY 2024 · 401(k)

Farmers National Bank 401(k) Retirement Savings Plan · $61M · 533 · 86th

  • PART $61M
  • PART 533
  • PART 86th
  • PART 401(k)
  • PART near Paxton Media Group LLC Employee Retirement Saving
  • PART ind #6724

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 Ohio →

Farmers National Bank 401(k) Retirement Savings Plan in the asset neighbourhood

Allen, Allen, Allen & Allen Retirement Savings PlanAllen, Allen, Allen & Allen …$61MFarmers National Bank 401(k) Retirement Savings PlanFarmers National Bank 401(k)…$61MPaxton Media Group LLC Employee Retirement SavingPaxton Media Group LLC Emplo…$61MA.N. Deringer, Inc.401(k) PlanA.N. Deringer, Inc.401(k) Pl…$61MBobby Rahal Automotive Group 401(k) PlanBobby Rahal Automotive Group…$61M
End-of-year total assets ($M) among Farmers National Bank 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$61M
Net Income$834K
Employer EIN340214400
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers National Bank of Canfield)

Sponsor-wide plan assets over time

All Farmers National Bank of Canfield plans reported in each filing year

Latest sponsor-wide plan assets
$61M 19.60411318326406% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $50.7M $60.6M ▲ +19.6%
Year Plans Participants Total Assets
2022 1 362 $51M
2023 1 454 $60M
2024 1 533 $61M

Nearby 401(k) Plans in Ohio

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

Farmers National Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Farmers National Bank 401(k) Retirement Savings Plan, Total assets ($B): 0.060627075 · Participants: 533Farmers National Bank 401(k) Retirement Savings PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Farmers National Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Farmers National Bank 401(k) Retirement Savings Plan side-by-side with 3 peers →

Farmers National Bank 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Paxton Media Group LLC Employee Retirement Saving in KY ($61M); by covered participants it is Topbloc 401(k) Plan in IL (533 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (533 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 Farmers National Bank 401(k) Retirement Savings Plan assets move in 2024? ▼
Farmers National Bank 401(k) Retirement Savings Plan edged up modestly - up 1.4% during 2024, from $60M to $61M. Reported net income was $834K.
How have Farmers National Bank of Canfield plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers National Bank of Canfield's sponsor-wide assets grew 19.6%, from $51M to $61M.
Where does Farmers National Bank 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Farmers National Bank 401(k) Retirement Savings Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Farmers National Bank 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paxton Media Group LLC Employee Retirement Saving in KY ($61M, 841 participants).
Which 401(k) plans cover a similar participant headcount to Farmers National Bank 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Topbloc 401(k) Plan in IL (533 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 340214400.

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.