Defined Benefit (Pension) · DOL Form 5500 · 2023

Merchants & Marine Bank Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
18
Participants Small participant base
65th
Percentile by assets National rank
$734,367
Avg per participant High balance/head
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Official DOL plan name: Merchants & Marine Bank Pension Plan · Sponsored by Merchants & Marine Bank · Mississippi · Finance & Insurance

$13M in assets, 18 participants

Merchants & Marine Bank's Merchants & Marine Bank Pension Plan reported $13M in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,406 in Finance & Insurance (8,869 peers)

Merchants & Marine Bank multi-year trail

Merchants & Marine Bank's plans moved +17.6% in assets from 2022 to 2024; this filing shows Merchants & Marine Bank Pension Plan at $13M / 18 participants.

#4,406
in Finance & Insurance (8,869 peers)
+11.9%
assets growth YoY

Merchants & Marine Bank Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Merchants & Marine Bank Pension Plan vs every filed plan by assets

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

$13,218,612 Top 35% higher than 65% 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

Merchants & Marine Bank Pension 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. Merchants & Marine Bank Pension Plan is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Merchants & Marine Bank Pension Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Merchants & Marine Bank Pension Plan end-of-year assets rose from $12M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Merchants & Marine Bank Pension Plan reported participants fell from 20 in the plan year 2022 filing to 18 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 646016232 · Merchants & Marine Bank PY 2023 · Defined Benefit (Pension)

Merchants & Marine Bank Pension Plan · $13M · 18 · 65th

  • IND $13M
  • EOY 18
  • 5500 65th
  • ASSETS Defined Benefit (Pension)
  • PCT near Burr & Forman LLP Cash Balance Plan
  • EIN ind #4406

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 Mississippi →

Merchants & Marine Bank Pension Plan in the asset neighbourhood

Merchants & Marine Bank Pension PlanMerchants & Marine Bank Pens…$13MBurr & Forman LLP Cash Balance PlanBurr & Forman LLP Cash Balan…$13MJacuzzi Brands Corp. Pension PlanJacuzzi Brands Corp. Pension…$13MRetirement Plan for Bargaining Unit Employees of Landis+GyrRetirement Plan for Bargaini…$13MBank of America Retirement Plan for Dollar Paid Employees of Military Banking DivisionBank of America Retirement P…$13M
End-of-year total assets ($M) among Merchants & Marine Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Merchants & Marine Bank multi-year asset trail

Sponsor-wide plan assets over time

All Merchants & Marine Bank plans reported in each filing year

Latest sponsor-wide plan assets
$24M 17.563303191412952% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $20.3M $23.8M ▲ +17.6%
Year Plans Participants Total Assets
2022 2 174 $20M
2023 2 192 $23M
2024 2 227 $24M

Merchants & Marine Bank filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN646016232
Plan Effective Date1970-11-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Mississippi

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

Merchants & Marine Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600800 Total assets ($M) Participants Merchants & Marine Bank Pension Plan, Total assets ($M): 13.218612 · Participants: 18Merchants & Marine Bank Pension PlanHancock Whitney Corporation Pension Plan, Total assets ($M): 745.772396 · Participants: 1723Hancock Whitney Corporation Pension PlanNorth Mississippi Health Services, Inc. Retirement Plan & Trust Agreement, Total assets ($M): 491.683623 · Participants: 1837North Mississippi Health Services, Inc. Retirement Plan & Trust AgreementSfb Casualty Ins Co Retirement Plan, Total assets ($M): 430.75458 · Participants: 1492Sfb Casualty Ins Co Retirement PlanCadence Retirement Plan and Trust Agreement, Total assets ($M): 337.803252 · Participants: 4758Cadence Retirement Plan and Trust AgreementSouthern Farm Bureau Life Insurance Company Retirement Plan, Total assets ($M): 229.947844 · Participants: 607Southern Farm Bureau Life Insurance Company Retirement Plan
Merchants & Marine Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants
Compare Merchants & Marine Bank Pension Plan side-by-side with 3 peers →

Merchants & Marine Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Mississippi, the nearest Defined Benefit (Pension) by assets is Burr & Forman LLP Cash Balance Plan in AL ($13M); by covered participants it is Virtus Precision Tube, LLC Pension Plan in KY (18 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (18 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 Merchants & Marine Bank Pension Plan assets move in 2023? ▼
Merchants & Marine Bank Pension Plan grew at a solid clip - up 11.9% during 2023, from $12M to $13M. Reported net income was $1M.
How have Merchants & Marine Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merchants & Marine Bank's sponsor-wide assets grew 17.6%, from $20M to $24M.
Which Defined Benefit (Pension) plans are similar in size to Merchants & Marine Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Burr & Forman LLP Cash Balance Plan in AL ($13M, 157 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Merchants & Marine Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Virtus Precision Tube, LLC Pension Plan in KY (18 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 646016232.

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.