ESOP · DOL Form 5500 · 2024

Farmers Bancshares, Inc. ESOP

Data updated 2026-08-25

$369K
Total assets Small plan by assets
69
Participants Small participant base
15th
Percentile by assets National rank
$5,343
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Farmers Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Farmers Bancshares, Inc. · Ohio · Finance & Insurance

$369K in assets, 69 participants

Farmers Bancshares, Inc.'s Farmers Bancshares, Inc. Employee Stock Ownership Plan reported $369K in total assets and 69 participants in its 2024 DOL Form 5500 filing, ranking in the 15th 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.

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

Farmers Bancshares, Inc. multi-year trail

Farmers Bancshares, Inc.'s plans moved -58.2% in assets from 2022 to 2024; this filing shows Farmers Bancshares, Inc. Employee Stock Ownership Plan at $369K / 69 participants.

#662
in Finance & Insurance (8,549 peers)
-17.4%
assets change YoY

The plan reported a net loss of $78K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Farmers Bancshares, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Farmers Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$368,633 15th percentile higher than 15% 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 Bancshares, Inc. Employee Stock Ownership 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 Bancshares, Inc. Employee Stock Ownership Plan is a small filing (69 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farmers Bancshares, Inc. Employee Stock Ownership Plan reported net income rose from -$435K in the plan year 2023 filing to -$78K in the plan year 2024 filing.
  • Farmers Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets fell from $446K in the plan year 2023 filing to $369K in the plan year 2024 filing.
  • Farmers Bancshares, Inc. Employee Stock Ownership Plan reported participants fell from 75 in the plan year 2023 filing to 69 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 311146050 · Farmers Bancshares, Inc. PY 2024 · ESOP

Farmers Bancshares, Inc. Employee Stock Ownership Plan · $369K · 69 · 15th

  • EBSA $369K
  • PART 69
  • TYPE 15th
  • NET ESOP
  • BOOK near Encon Employee Stock Ownership Plan
  • VS-ST ind #662

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 Ohio →

Farmers Bancshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Farmers Bancshares, Inc. Employee Stock Ownership PlanFarmers Bancshares, Inc. Emp…$369KEncon Employee Stock Ownership PlanEncon Employee Stock Ownersh…$370KNew-Tech Packaging Employee Stock Ownership PlanNew-Tech Packaging Employee …$367KTree Free Greetings Employee Stock Ownership PlanTree Free Greetings Employee…$371KIcepts Technology Group, Inc. Employee Stock Ownership PlanIcepts Technology Group, Inc…$373K
End-of-year total assets ($M) among Farmers Bancshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Farmers Bancshares, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Farmers Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$369K 58.15529737614293% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M 202220232024 $0.88M $0.37M ▼ -58.0%
Year Plans Participants Total Assets
2022 1 82 $881K
2023 1 75 $446K
2024 1 69 $369K

Farmers Bancshares, Inc. filing trail (2024)

Total Assets (Beginning of Year)$446K
Net Assets (End of Year)$369K
Net Income-$78K
Employer EIN311146050
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Farmers Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Farmers Bancshares, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000368633 · Participants: 69Farmers Bancshares, Inc. Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Farmers Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

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

Outside Ohio, the nearest ESOP by assets is Encon Employee Stock Ownership Plan in TX ($370K); by covered participants it is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 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 Farmers Bancshares, Inc. Employee Stock Ownership Plan assets move in 2024?
Farmers Bancshares, Inc. Employee Stock Ownership Plan declined sharply - down 17.4% during 2024, from $446K to $369K. Reported net income was -$78K.
How have Farmers Bancshares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Farmers Bancshares, Inc.'s sponsor-wide assets declined 58.2%, from $881K to $369K.
Where does Farmers Bancshares, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Farmers Bancshares, Inc. Employee Stock Ownership Plan ranks in the 15th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Farmers Bancshares, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Encon Employee Stock Ownership Plan in TX ($370K, 23 participants).
Which ESOP plans cover a similar participant headcount to Farmers Bancshares, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 participants, $103M in assets).