Profit Sharing · DOL Form 5500 · 2024

The Farmers Bank Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
9
Participants Small participant base
33rd
Percentile by assets National rank
$313,829
Avg per participant High balance/head
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Official DOL plan name: The Farmers Bank Amended and Restated Profit Plan · Sponsored by The Farmers Bank · Georgia · Finance & Insurance

$3M in assets, 9 participants

The Farmers Bank's The Farmers Bank Amended and Restated Profit Plan reported $3M in total assets and 9 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #1,850 in Finance & Insurance (8,549 peers)

2024 asset change

The Farmers Bank Amended and Restated Profit Plan declined sharply 18.2% in 2024 ($3M → $3M) for 9 participants.

#1,850
in Finance & Insurance (8,549 peers)
-18.2%
assets change YoY

The plan reported a net loss of $627K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Farmers Bank Amended and Restated Profit Plan among the smaller filed plans by assets

The Farmers Bank Amended and Restated Profit Plan vs every filed plan by assets

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

$2,824,460 33rd percentile higher than 33% 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 Bank Amended and Restated Profit Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Farmers Bank Amended and Restated Profit Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Farmers Bank Amended and Restated Profit Plan reported net income fell from $744K in the plan year 2023 filing to -$627K in the plan year 2024 filing.
  • The Farmers Bank Amended and Restated Profit Plan reported participants fell from 13 in the plan year 2023 filing to 9 in the plan year 2024 filing.
  • The Farmers Bank Amended and Restated Profit Plan end-of-year assets fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 580239250 · The Farmers Bank PY 2024 · Profit Sharing

The Farmers Bank Amended and Restated Profit Plan · $3M · 9 · 33rd

  • EOY $3M
  • EOY 9
  • EOY 33rd
  • EOY Profit Sharing
  • EOY near Rotational Molding Technologies Inc Employees' Profit Sharing Plan and Trust
  • EOY ind #1850

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 Georgia →

The Farmers Bank Amended and Restated Profit Plan in the asset neighbourhood

Rotational Molding Technologies Inc Employees' Profit Sharing Plan and TrustRotational Molding Technolog…$3MDeb Ventures Inc. Pension Transfer Trust PlanDeb Ventures Inc. Pension Tr…$3MAirport Shoppes and Hotel Corp. Retirement PlanAirport Shoppes and Hotel Co…$3MThe Farmers Bank Amended and Restated Profit PlanThe Farmers Bank Amended and…$3MSimon a Levit Md Profit Sharing PlanSimon a Levit Md Profit Shar…$3M
End-of-year total assets ($M) among The Farmers Bank Amended and Restated Profit Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

The Farmers Bank years around the 2024 move

Sponsor-wide plan assets over time

All The Farmers Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 4.323512736365634% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.71M $2.82M ▲ +4.1%
Year Plans Participants Total Assets
2022 1 14 $3M
2023 1 13 $3M
2024 1 9 $3M

2024 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$627K
Employer EIN580239250
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Georgia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

The Farmers Bank Amended and Restated Profit Plan vs. nearby Profit Sharing plans in Georgia, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants The Farmers Bank Amended and Restated Profit Plan, Total assets ($B): 0.00282446 · Participants: 9The Farmers Bank Amended and Restated Profit PlanEmory University Retirement Plan, Total assets ($B): 5.539809573 · Participants: 18936Emory University Retirement PlanCrh Americas 401(k) Plan, Total assets ($B): 4.190915312 · Participants: 35710Crh Americas 401(k) PlanEmory Healthcare, Inc. Retirement Savings and Matching Plan, Total assets ($B): 2.770557878 · Participants: 23760Emory Healthcare, Inc. Retirement Savings and Matching PlanThe Emory Clinic, Inc. Retirement Savings Plan, Total assets ($B): 1.029232488 · Participants: 2448The Emory Clinic, Inc. Retirement Savings PlanChildrens Healthcare of Atlanta Growth Plan, Total assets ($B): 0.39078983 · Participants: 12290Childrens Healthcare of Atlanta Growth Plan
The Farmers Bank Amended and Restated Profit Plan vs. nearby Profit Sharing plans in Georgia, assets vs. participants
Compare The Farmers Bank Amended and Restated Profit Plan side-by-side with 3 peers →

The Farmers Bank Amended and Restated Profit Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Georgia, the nearest Profit Sharing by assets is Rotational Molding Technologies Inc Employees' Profit Sharing Plan and Trust in IN ($3M); by covered participants it is Mab Financial Services, Inc. Retirement Plan in MD (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Bank Amended and Restated Profit Plan assets move in 2024? ▼
The Farmers Bank Amended and Restated Profit Plan declined sharply - down 18.2% during 2024, from $3M to $3M. Reported net income was -$627K.
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 4.3%, from $3M to $3M.
Which Profit Sharing plans are similar in size to The Farmers Bank Amended and Restated Profit Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Rotational Molding Technologies Inc Employees' Profit Sharing Plan and Trust in IN ($3M, 101 participants).
Which Profit Sharing plans cover a similar participant headcount to The Farmers Bank Amended and Restated Profit Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Mab Financial Services, Inc. Retirement Plan in MD (9 participants, $3M 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 580239250.

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.