401(k) · DOL Form 5500 · 2024

Farmers State Bank 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
149
Participants Small participant base
68th
Percentile by assets National rank
$118,572
Avg per participant Near avg balance/head
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Official DOL plan name: Farmers State Bank Employees' 401(k) Plan · Sponsored by Farmers State Bank · Indiana · Finance & Insurance

$18M in assets, 149 participants

Farmers State Bank's Farmers State Bank Employees' 401(k) Plan reported $18M in total assets and 149 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,461 in Finance & Insurance (8,549 peers)

Coverage in Indiana

Farmers State Bank Employees' 401(k) Plan covers 149 participants in Indiana, about 28% of the average Indiana filer (state average ~541 per filing). Assets: $18M.

#4,461
in Finance & Insurance (8,549 peers)
+13.0%
assets growth YoY

Farmers State Bank Employees' 401(k) Plan's outsized position by total assets

Farmers State Bank Employees' 401(k) Plan vs every filed plan by assets

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

$17,667,208 Top 32% higher than 68% 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 State Bank Employees' 401(k) 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. Farmers State Bank Employees' 401(k) Plan sits mid-pack in the medium band (149 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farmers State Bank Employees' 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Farmers State Bank Employees' 401(k) Plan reported participants fell from 164 in the plan year 2023 filing to 149 in the plan year 2024 filing.
  • Farmers State Bank Employees' 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 350303690 · Farmers State Bank PY 2024 · 401(k)

Farmers State Bank Employees' 401(k) Plan · $18M · 149 · 68th

  • SCH $18M
  • EBSA 149
  • PART 68th
  • TYPE 401(k)
  • NET near Atrium Centers 401(k) Plan and Trust
  • BOOK ind #4461

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 Indiana →

Farmers State Bank Employees' 401(k) Plan in the asset neighbourhood

Farmers State Bank Employees' 401(k) PlanFarmers State Bank Employees…$18MAtrium Centers 401(k) Plan and TrustAtrium Centers 401(k) Plan a…$18MCapital Cities Leasing 401(k) PlanCapital Cities Leasing 401(k…$18MOffice Works, Inc. 401(k) PlanOffice Works, Inc. 401(k) Pl…$18MSai Med Partners, LLC 401(k) Incentive Savings PlanSai Med Partners, LLC 401(k)…$18M
End-of-year total assets ($M) among Farmers State Bank Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN350303690
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers State Bank)

Sponsor-wide plan assets over time

All Farmers State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$18M 31.72782415739213% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.4M $17.7M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 160 $13M
2023 1 164 $16M
2024 1 149 $18M

Nearby 401(k) Plans in Indiana

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

Farmers State Bank Employees' 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Farmers State Bank Employees' 401(k) Plan, Total assets ($B): 0.017667208 · Participants: 149Farmers State Bank Employees' 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Farmers State Bank Employees' 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Farmers State Bank Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Atrium Centers 401(k) Plan and Trust in OH ($18M); by covered participants it is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (149 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 State Bank Employees' 401(k) Plan assets move in 2024?
Farmers State Bank Employees' 401(k) Plan grew at a solid clip - up 13.0% during 2024, from $16M to $18M. Reported net income was $2M.
How have Farmers State Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Farmers State Bank's sponsor-wide assets grew 31.7%, from $13M to $18M.
Which 401(k) plans are similar in size to Farmers State Bank Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Atrium Centers 401(k) Plan and Trust in OH ($18M, 1,724 participants).
Which 401(k) plans cover a similar participant headcount to Farmers State Bank Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants, $646K in assets).