401(k) · DOL Form 5500 · 2024

Farmers and Merchants Bank 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
48
Participants Small participant base
53rd
Percentile by assets National rank
$182,337
Avg per participant Above avg balance/head
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Official DOL plan name: Farmers and Merchants Bank Profit Sharing Plan · Sponsored by Farmers and Merchants Bank · Alabama · Finance & Insurance

$9M in assets, 48 participants

Farmers and Merchants Bank's Farmers and Merchants Bank Profit Sharing Plan reported $9M in total assets and 48 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,150 in Finance & Insurance (8,549 peers)

Farmers and Merchants Bank multi-year trail

Farmers and Merchants Bank's plans moved +17.0% in assets from 2022 to 2024; this filing shows Farmers and Merchants Bank Profit Sharing Plan at $9M / 48 participants.

#3,150
in Finance & Insurance (8,549 peers)
+10.7%
assets growth YoY

Farmers and Merchants Bank Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Farmers and Merchants Bank Profit Sharing Plan vs every filed plan by assets

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

$8,752,168 Top 47% higher than 53% 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

Farmers and Merchants Bank Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farmers and Merchants Bank Profit Sharing Plan is a small filing (48 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farmers and Merchants Bank Profit Sharing Plan reported net income rose from $430K in the plan year 2023 filing to $844K in the plan year 2024 filing.
  • Farmers and Merchants Bank Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Farmers and Merchants Bank Profit Sharing Plan reported participants rose from 44 in the plan year 2023 filing to 48 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 630071520 · Farmers and Merchants Bank PY 2024 · 401(k)

Farmers and Merchants Bank Profit Sharing Plan · $9M · 48 · 53rd

  • RANK $9M
  • RANK 48
  • RANK 53rd
  • RANK 401(k)
  • RANK near Harmar Mobility 401(k) Profit Sharing Plan & Trust
  • RANK ind #3150

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 Alabama →

Farmers and Merchants Bank Profit Sharing Plan in the asset neighbourhood

Farmers and Merchants Bank Profit Sharing PlanFarmers and Merchants Bank P…$9MHarmar Mobility 401(k) Profit Sharing Plan & TrustHarmar Mobility 401(k) Profi…$9MLove Auto Group 401(k) Plan$9MFtc Solar, Inc. 401(k) Plan$9MArtimus Construction and K&r Realty 401(k) PlanArtimus Construction and K&r…$9M
End-of-year total assets ($M) among Farmers and Merchants Bank Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Farmers and Merchants Bank multi-year asset trail

Sponsor-wide plan assets over time

All Farmers and Merchants Bank plans reported in each filing year

Latest sponsor-wide plan assets
$9M 17.036774543385484% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M$9M 202220232024 $7.48M $8.75M ▲ +17.0%
Year Plans Participants Total Assets
2022 1 43 $7M
2023 1 44 $8M
2024 1 48 $9M

Farmers and Merchants Bank filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$844K
Employer EIN630071520
Plan Effective Date1969-12-29
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Farmers and Merchants Bank Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Farmers and Merchants Bank Profit Sharing Plan, Total assets ($B): 0.008752168 · Participants: 48Farmers and Merchants Bank Profit Sharing PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Farmers and Merchants Bank Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Farmers and Merchants Bank Profit Sharing Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is Harmar Mobility 401(k) Profit Sharing Plan & Trust in FL ($9M); by covered participants it is Martin & Hattie Rasche Incorpo 401(k) Profit Sharing Plan & Trust in MI (48 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (48 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 Farmers and Merchants Bank Profit Sharing Plan assets move in 2024? ▼
Farmers and Merchants Bank Profit Sharing Plan grew at a solid clip - up 10.7% during 2024, from $8M to $9M. Reported net income was $844K.
How have Farmers and Merchants Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers and Merchants Bank's sponsor-wide assets grew 17.0%, from $7M to $9M.
Which 401(k) plans are similar in size to Farmers and Merchants Bank Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Harmar Mobility 401(k) Profit Sharing Plan & Trust in FL ($9M, 275 participants).
Which 401(k) plans cover a similar participant headcount to Farmers and Merchants Bank Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Martin & Hattie Rasche Incorpo 401(k) Profit Sharing Plan & Trust in MI (48 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 630071520.

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.