ESOP · DOL Form 5500 · 2024

The Farmers and Merchants Bankshares, Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
254
Participants Below avg headcount
57th
Percentile by assets National rank
$41,928
Avg per participant Low balance/head
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Official DOL plan name: The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan · Sponsored by The Farmers and Merchants Bankshares, Inc. · Arkansas · Finance & Insurance

$11M in assets, 254 participants

The Farmers and Merchants Bankshares, Inc.'s The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan reported $11M in total assets and 254 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,507 in Finance & Insurance (8,549 peers)

Coverage in Arkansas

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan covers 254 participants in Arkansas, about 9% of the average Arkansas filer (state average ~2,784 per filing). Assets: $11M.

#3,507
in Finance & Insurance (8,549 peers)
-4.1%
assets change YoY

The plan reported a net loss of $459K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$10,649,649 Top 43% higher than 57% 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 and Merchants Bankshares, Inc. Employee Stock Ownership 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. The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (254 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2023 filing to -$459K in the plan year 2024 filing.
  • The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan reported participants fell from 268 in the plan year 2023 filing to 254 in the plan year 2024 filing.
  • The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership 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 710600180 · The Farmers and Merchants Bankshares, Inc. PY 2024 · ESOP

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan · $11M · 254 · 57th

  • PART $11M
  • PART 254
  • PART 57th
  • PART ESOP
  • PART near Crystal Heating & Cooling Service, Inc. Employee Stock Ownership Plan
  • PART ind #3507

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 What is an ESOP? → · Plans in Arkansas →

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Georgia Theatre Company Employee Stock Ownership PlanGeorgia Theatre Company Empl…$11MThe Farmers and Merchants Bankshares, Inc. Employee Stock Ownership PlanThe Farmers and Merchants Ba…$11MCrystal Heating & Cooling Service, Inc. Employee Stock Ownership PlanCrystal Heating & Cooling Se…$11MD Square Construction, LLC Employee Stock Ownership PlanD Square Construction, LLC E…$11MLea Elliott, Inc. Employee Stock Ownership PlanLea Elliott, Inc. Employee S…$11M
End-of-year total assets ($M) among The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Arkansas filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income-$459K
Employer EIN710600180
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Farmers and Merchants Bankshares, Inc.)

Sponsor-wide plan assets over time

All The Farmers and Merchants Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 66.10043940053288% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $31.4M $10.7M ▼ -66.1%
Year Plans Participants Total Assets
2022 2 562 $31M
2023 1 268 $11M
2024 1 254 $11M

Nearby ESOP Plans in Arkansas

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

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -2000200400600 Total assets ($M) Participants The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan, Total assets ($M): 10.649649 · Participants: 254The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership PlanCentral States, Inc. Employee Stock Ownership Plan, Total assets ($M): 475.871389 · Participants: 1400Central States, Inc. Employee Stock Ownership PlanHarps Food Stores, Inc. Employee Stock Ownership Plan, Total assets ($M): 317.018358 · Participants: 3196Harps Food Stores, Inc. Employee Stock Ownership PlanCentral Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust, Total assets ($M): 102.789406 · Participants: 0Central Moloney, Inc. Salaried Employee Stock Ownership Plan and TrustRubber & Gasket Company of America Employee Stock Ownership Plan, Total assets ($M): 70.150614 · Participants: 147Rubber & Gasket Company of America Employee Stock Ownership PlanHytrol Conveyor Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 47.625563 · Participants: 1295Hytrol Conveyor Co., Inc. Employee Stock Ownership Plan
The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants

The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arkansas, the nearest ESOP by assets is Crystal Heating & Cooling Service, Inc. Employee Stock Ownership Plan in MO ($11M); by covered participants it is Barry Isett & Associates Inc Employee Stock Ownership Plan in PA (254 participants). Same-state nearby plans are listed separately above.

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 and Merchants Bankshares, Inc. Employee Stock Ownership Plan assets move in 2024?
The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan edged down modestly - down 4.1% during 2024, from $11M to $11M. Reported net income was -$459K.
How have The Farmers and Merchants Bankshares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Farmers and Merchants Bankshares, Inc.'s sponsor-wide assets declined 66.1%, from $31M to $11M.
Which ESOP plans are similar in size to The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Crystal Heating & Cooling Service, Inc. Employee Stock Ownership Plan in MO ($11M, 29 participants).
Which ESOP plans cover a similar participant headcount to The Farmers and Merchants Bankshares, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Barry Isett & Associates Inc Employee Stock Ownership Plan in PA (254 participants, $6M in assets).