401(k) · DOL Form 5500 · 2024

The Farmers & Merchants State Bank 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
457
Participants Below avg headcount
83rd
Percentile by assets National rank
$95,453
Avg per participant Below avg balance/head
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Official DOL plan name: The Farmers & Merchants State Bank 401(k) Profit Sharing Plan · Sponsored by The Farmers & Merchants State Bank · Ohio · Finance & Insurance

$44M in assets, 457 participants

The Farmers & Merchants State Bank's The Farmers & Merchants State Bank 401(k) Profit Sharing Plan reported $44M in total assets and 457 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,235 in Finance & Insurance (8,549 peers)

Where The Farmers & Merchants State Bank 401(k) Profit Sharing Plan sits by assets

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $44M for 457 participants (~$95,453/participant), up 12.2% in 2024.

#6,235
in Finance & Insurance (8,549 peers)
+12.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan's outsized position by total assets

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$43,622,232 Top 17% higher than 83% 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 & Merchants State Bank 401(k) Profit Sharing 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 & Merchants State Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (457 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Farmers & Merchants State Bank 401(k) Profit Sharing Plan reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • The Farmers & Merchants State Bank 401(k) Profit Sharing Plan end-of-year assets rose from $39M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • The Farmers & Merchants State Bank 401(k) Profit Sharing Plan reported participants rose from 432 in the plan year 2023 filing to 457 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 344230390 · The Farmers & Merchants State Bank PY 2024 · 401(k)

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan · $44M · 457 · 83rd

  • EOY $44M
  • 5500 457
  • ASSETS 83rd
  • PCT 401(k)
  • EIN near Ajm Packaging Corporation 401(k) Plan
  • RANK ind #6235

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 Ohio →

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan in the asset neighbourhood

The Farmers & Merchants State Bank 401(k) Profit Sharing PlanThe Farmers & Merchants Stat…$44MAjm Packaging Corporation 401(k) PlanAjm Packaging Corporation 40…$44MFriendfinder Networks Inc. Employees Retirement Plan and TrustFriendfinder Networks Inc. E…$44MCsi Electrical Contractors, Inc. 401(k) Profit Sharing PlanCsi Electrical Contractors, …$44MSafford Automotive Group 401(k) PlanSafford Automotive Group 401…$44M
End-of-year total assets ($M) among The Farmers & Merchants State Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$44M
Net Income$5M
Employer EIN344230390
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Farmers & Merchants State Bank)

Sponsor-wide plan assets over time

All The Farmers & Merchants State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$44M 37.49774040235605% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $31.7M $43.6M ▲ +37.5%
Year Plans Participants Total Assets
2022 1 385 $32M
2023 1 432 $39M
2024 1 457 $44M

Nearby 401(k) Plans in Ohio

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

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants The Farmers & Merchants State Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.043622232 · Participants: 457The Farmers & Merchants State Bank 401(k) Profit Sharing PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
The Farmers & Merchants State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare The Farmers & Merchants State Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Farmers & Merchants State Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Ajm Packaging Corporation 401(k) Plan in MI ($44M); by covered participants it is The Willamette Valley Company and Subsidiary Companies 401(k) Profit Sharing Plan in OR (457 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (457 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 & Merchants State Bank 401(k) Profit Sharing Plan assets move in 2024? ▼
The Farmers & Merchants State Bank 401(k) Profit Sharing Plan grew at a solid clip - up 12.2% during 2024, from $39M to $44M. Reported net income was $5M.
How have The Farmers & Merchants State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Farmers & Merchants State Bank's sponsor-wide assets grew 37.5%, from $32M to $44M.
Where does The Farmers & Merchants State Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
The Farmers & Merchants State Bank 401(k) Profit Sharing Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Farmers & Merchants State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ajm Packaging Corporation 401(k) Plan in MI ($44M, 4,130 participants).
Which 401(k) plans cover a similar participant headcount to The Farmers & Merchants State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Willamette Valley Company and Subsidiary Companies 401(k) Profit Sharing Plan in OR (457 participants, $63M 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 344230390.

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.