401(k) · DOL Form 5500 · 2024
The Farmers Bank 401(k) Plan
Data updated 2026-08-11
- $20M
- Total assets
- 149
- Participants
- 70th
- Percentile by assets
- $131,359
- Avg per participant
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.
- 70th percentile by assets (of 123,622 plans)
- #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.
- $20M
- total plan assets (2024 EOY)
- 149
- covered participants
- 70th
- percentile by assets (of 123,622 plans)
- $131,359
- avg assets per participant
Where Farmers Bank 401(k) Savings Plan sits 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
Participants vs Indiana filers
In Indiana, the average filing covers about 541 participants across 2,302 plans. Farmers Bank 401(k) Savings Plan reports 149 participants - about 28% of that state average ($20M EOY assets).
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)
| 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.
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Farmers Bank 401(k) Savings Plan by total assets, not by location.
Frequently Asked Questions
How did Farmers Bank 401(k) Savings Plan assets move in 2024? ▼
How have The Farmers Bank plan assets changed over time? ▼
Which 401(k) plans are similar in size to Farmers Bank 401(k) Savings Plan? ▼
Next read for Farmers Bank 401(k) Savings Plan
Filing takeaways
Ways to act on Farmers Bank 401(k) Savings Plan's numbers.
- By total assets, Farmers Bank 401(k) Savings Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
- The Farmers Bank's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Finance & Insurance plans