401(k) · DOL Form 5500 · 2024

The Farmers Bank 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets: 149
Participants Small participant base: 70th
Percentile by assets National rank: $131,359
Avg per participant Near avg balance/head

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Official DOL plan name: Farmers Bank 401(k) Savings Plan · Sponsored by The Farmers Bank · Indiana · Finance & Insurance

$20M in assets, 149 participants

The Farmers Bank's Farmers Bank 401(k) Savings Plan reported $20M in total assets and 149 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

#4,675 in Finance & Insurance (8,549 peers)

Coverage in Indiana

Farmers Bank 401(k) Savings Plan covers 149 participants in Indiana, about 28% of the average Indiana filer (state average ~541 per filing). Assets: $20M.

#4,675
in Finance & Insurance (8,549 peers): +3.8%
assets growth YoY

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

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

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

$19,572,435 Top 30% higher than 70% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Farmers Bank 401(k) 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 Bank 401(k) Savings Plan sits mid-pack in the medium band (149 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Farmers Bank 401(k) Savings Plan reported net income fell from $2M in the plan year 2023 filing to $713K in the plan year 2024 filing.
Farmers Bank 401(k) Savings Plan end-of-year assets rose from $19M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 350302320 · The Farmers Bank PY 2024 · 401(k)

Farmers Bank 401(k) Savings Plan · $20M · 149 · 70th

EBSA $20M
EBSA 149
EBSA 70th
EBSA 401(k)
EBSA near New Standard Corporation Retirement Plan
EBSA ind #4675

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 Indiana →

End-of-year total assets ($M) among Farmers Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)	$19M
Net Assets (End of Year)	$20M
Net Income	$713K
Employer EIN	350302320
Plan Effective Date	1989-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Farmers Bank)

Latest sponsor-wide plan assets: $20M 18.360697236171028% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	135	$17M
2023	1	150	$19M
2024	1	149	$20M

Nearby 401(k) Plans in Indiana

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

Farmers Bank 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

The Lilly Employee 401(k) Plan $13.1B · 19,977
Elevance Health 401(k) Plan $12.1B · 73,120
Cummins Retirement and Savings Plan $6.4B · 30,272
Iu Health 401(k) Savings Plan $4.5B · 38,460
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385

Compare Farmers Bank 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is New Standard Corporation Retirement Plan in PA ($20M); by covered participants it is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

New Standard Corporation Retirement Plan (PA) $20M · 276
Wisenbaker Builder Services, Inc. (TX) $20M · 1,122
Central States Industrial Supply, Inc. Savings Plan (NE) $20M · 116
Community Health Centers of Burlington Retirement Plan (VT) $20M · 348

Similar participant headcount

Nearest other-state filings by covered participants (149 participants); asset peers above are excluded.

Tier1 Integrity, LLC 401(k) Plan (TX) 149 · 0 off
Venus Construction Company 401(k) Plan (TX) 149 · 0 off
H.E.P. Materials Corp. 401(k) Profit Sharing Plan (NY) 149 · 0 off
Roundstone Management, Ltd. 401(k) Plan (OH) 149 · 0 off

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 Bank 401(k) Savings Plan assets move in 2024? ▼

Farmers Bank 401(k) Savings Plan edged up modestly - up 3.8% during 2024, from $19M to $20M. Reported net income was $713K.

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 18.4%, from $17M to $20M.

Which 401(k) plans are similar in size to Farmers Bank 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is New Standard Corporation Retirement Plan in PA ($20M, 276 participants).

Which 401(k) plans cover a similar participant headcount to Farmers Bank 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants, $646K 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 350302320.