401(k) · DOL Form 5500 · 2024

Merchants & Marine Bank 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
211
Participants Below avg headcount
58th
Percentile by assets National rank
$52,224
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Merchants & Marine Bank 401 (K) Retirement Plan · Sponsored by Merchants & Marine Bank · Mississippi · Finance & Insurance

$11M in assets, 211 participants

Merchants & Marine Bank's Merchants & Marine Bank 401 (K) Retirement Plan reported $11M in total assets and 211 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.

  • #3,567 in Finance & Insurance (8,549 peers)

Merchants & Marine Bank multi-year trail

Merchants & Marine Bank's plans moved +17.6% in assets from 2022 to 2024; this filing shows Merchants & Marine Bank 401 (K) Retirement Plan at $11M / 211 participants.

#3,567
in Finance & Insurance (8,549 peers)
+8.4%
assets growth YoY

Merchants & Marine Bank 401 (K) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Merchants & Marine Bank 401 (K) Retirement Plan vs every filed plan by assets

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

$11,019,326 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

Merchants & Marine Bank 401 (K) Retirement 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. Merchants & Marine Bank 401 (K) Retirement Plan sits mid-pack in the medium band (211 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Merchants & Marine Bank 401 (K) Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $858K in the plan year 2024 filing.
  • Merchants & Marine Bank 401 (K) Retirement Plan reported participants rose from 174 in the plan year 2023 filing to 211 in the plan year 2024 filing.
  • Merchants & Marine Bank 401 (K) Retirement Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 646016232 · Merchants & Marine Bank PY 2024 · 401(k)

Merchants & Marine Bank 401 (K) Retirement Plan · $11M · 211 · 58th

  • EIN $11M
  • RANK 211
  • PHOTO 58th
  • IND 401(k)
  • EOY near Noah Medical 401(k) Plan
  • 5500 ind #3567

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 Mississippi →

Merchants & Marine Bank 401 (K) Retirement Plan in the asset neighbourhood

Merchants & Marine Bank 401 (K) Retirement PlanMerchants & Marine Bank 401 …$11MNoah Medical 401(k) Plan$11MThe Capitol Group, Inc. 401(k) PlanThe Capitol Group, Inc. 401(…$11MFhg, Inc. Retirement Savings PlanFhg, Inc. Retirement Savings…$11MCo-Op 401(k) Plan$11M
End-of-year total assets ($M) among Merchants & Marine Bank 401 (K) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Merchants & Marine Bank multi-year asset trail

Sponsor-wide plan assets over time

All Merchants & Marine Bank plans reported in each filing year

Latest sponsor-wide plan assets
$24M 17.563303191412952% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $20.3M $23.8M ▲ +17.6%
Year Plans Participants Total Assets
2022 2 174 $20M
2023 2 192 $23M
2024 2 227 $24M

Merchants & Marine Bank filing trail (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$858K
Employer EIN646016232
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Mississippi

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

Merchants & Marine Bank 401 (K) Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Merchants & Marine Bank 401 (K) Retirement Plan, Total assets ($M): 11.019326 · Participants: 211Merchants & Marine Bank 401 (K) Retirement PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retirement Plan, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retirement PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 528.338892 · Participants: 2689Southern Farm Bureau and Adopting Companies 401(k) Plan
Merchants & Marine Bank 401 (K) Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Merchants & Marine Bank 401 (K) Retirement Plan side-by-side with 3 peers →

Merchants & Marine Bank 401 (K) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Noah Medical 401(k) Plan in CA ($11M); by covered participants it is Greater Texas Federal Credit Union 401(k) Plan in TX (211 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (211 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 Merchants & Marine Bank 401 (K) Retirement Plan assets move in 2024? ▼
Merchants & Marine Bank 401 (K) Retirement Plan grew at a solid clip - up 8.4% during 2024, from $10M to $11M. Reported net income was $858K.
How have Merchants & Marine Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merchants & Marine Bank's sponsor-wide assets grew 17.6%, from $20M to $24M.
Which 401(k) plans are similar in size to Merchants & Marine Bank 401 (K) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Noah Medical 401(k) Plan in CA ($11M, 277 participants).
Which 401(k) plans cover a similar participant headcount to Merchants & Marine Bank 401 (K) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Greater Texas Federal Credit Union 401(k) Plan in TX (211 participants, $21M 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 646016232.

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.