401(k) · DOL Form 5500 · 2024

Farmers & Merchants Bank, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
83
Participants Small participant base
58th
Percentile by assets National rank
$134,169
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Farmers & Merchants Bank 401(k) Profit Sharing Plan · Sponsored by Farmers & Merchants Bank, Inc. · Maryland · Finance & Insurance

$11M in assets, 83 participants

Farmers & Merchants Bank, Inc.'s The Farmers & Merchants Bank 401(k) Profit Sharing Plan reported $11M in total assets and 83 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,582 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

The Farmers & Merchants Bank 401(k) Profit Sharing Plan holds $11M for 83 participants - about $134,169 per participant, above the median plan by assets.

#3,582
in Finance & Insurance (8,549 peers)
-2.1%
assets change YoY

The plan reported a net loss of $237K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Farmers & Merchants Bank 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

The Farmers & Merchants Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,136,036 Top 42% higher than 58% 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 & Merchants Bank 401(k) Profit Sharing 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. The Farmers & Merchants Bank 401(k) Profit Sharing Plan is a small filing (83 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Farmers & Merchants Bank 401(k) Profit Sharing Plan reported net income rose from -$625K in the plan year 2023 filing to -$237K in the plan year 2024 filing.
  • The Farmers & Merchants Bank 401(k) Profit Sharing Plan reported participants fell from 86 in the plan year 2023 filing to 83 in the plan year 2024 filing.
  • The Farmers & Merchants Bank 401(k) Profit Sharing Plan end-of-year assets fell from $11M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 520309630 · Farmers & Merchants Bank, Inc. PY 2024 · 401(k)

The Farmers & Merchants Bank 401(k) Profit Sharing Plan · $11M · 83 · 58th

  • PCT $11M
  • EIN 83
  • RANK 58th
  • PHOTO 401(k)
  • IND near Cimco Resources, Inc. 401(k) Profit Sharing Plan
  • EOY ind #3582

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 Maryland →

The Farmers & Merchants Bank 401(k) Profit Sharing Plan in the asset neighbourhood

The Farmers & Merchants Bank 401(k) Profit Sharing PlanThe Farmers & Merchants Bank…$11MCimco Resources, Inc. 401(k) Profit Sharing PlanCimco Resources, Inc. 401(k)…$11MTroxler Electronic Laboratories, Inc. 401(k) Profit Sharing PlanTroxler Electronic Laborator…$11MGolden State Medical Supply, Inc. 401(k) PlanGolden State Medical Supply,…$11MGaruda Labs 401(k) Plan$11M
End-of-year total assets ($M) among The Farmers & Merchants Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income-$237K
Employer EIN520309630
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers & Merchants Bank, Inc.)

Sponsor-wide plan assets over time

All Farmers & Merchants Bank, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 2.079571346267886% vs 2023
2024 filing year
$11.1M$11.2M$11.3M$11.4M 20232024 $11.4M $11.1M ▼ -2.0%
Year Plans Participants Total Assets
2023 1 86 $11M
2024 1 83 $11M

Nearby 401(k) Plans in Maryland

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

The Farmers & Merchants Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Farmers & Merchants Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.011136036 · Participants: 83The Farmers & Merchants Bank 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
The Farmers & Merchants Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare The Farmers & Merchants Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Farmers & Merchants Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Cimco Resources, Inc. 401(k) Profit Sharing Plan in IL ($11M); by covered participants it is Pepsi-Cola Bottling Co. of Davenport 401(k) Employee Benefit Plan in IA (83 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (83 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 & Merchants Bank 401(k) Profit Sharing Plan assets move in 2024? ▼
The Farmers & Merchants Bank 401(k) Profit Sharing Plan edged down modestly - down 2.1% during 2024, from $11M to $11M. Reported net income was -$237K.
How have Farmers & Merchants Bank, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Farmers & Merchants Bank, Inc.'s sponsor-wide assets declined 2.1%, from $11M to $11M.
Which 401(k) plans are similar in size to The Farmers & Merchants Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cimco Resources, Inc. 401(k) Profit Sharing Plan in IL ($11M, 173 participants).
Which 401(k) plans cover a similar participant headcount to The Farmers & Merchants Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pepsi-Cola Bottling Co. of Davenport 401(k) Employee Benefit Plan in IA (83 participants, $22M 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 520309630.

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.