401(k) · DOL Form 5500 · 2024

F&m Financial Corporation 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
131
Participants Small participant base
72nd
Percentile by assets National rank
$166,059
Avg per participant Above avg balance/head
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Official DOL plan name: F&m Financial Corporation 401(k) Plan · Sponsored by F&m Financial Corporation · North Carolina · Finance & Insurance

$22M in assets, 131 participants

F&m Financial Corporation's F&m Financial Corporation 401(k) Plan reported $22M in total assets and 131 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,904 in Finance & Insurance (8,549 peers)

Coverage in North Carolina

F&m Financial Corporation 401(k) Plan covers 131 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $22M.

#4,904
in Finance & Insurance (8,549 peers)
+13.1%
assets growth YoY

F&m Financial Corporation 401(k) Plan's outsized position by total assets

F&m Financial Corporation 401(k) Plan vs every filed plan by assets

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

$21,753,681 Top 28% higher than 72% 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

F&m Financial Corporation 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. F&m Financial Corporation 401(k) Plan sits mid-pack in the medium band (131 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • F&m Financial Corporation 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • F&m Financial Corporation 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • F&m Financial Corporation 401(k) Plan reported participants rose from 128 in the plan year 2023 filing to 131 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 561439958 · F&m Financial Corporation PY 2024 · 401(k)

F&m Financial Corporation 401(k) Plan · $22M · 131 · 72nd

  • EIN $22M
  • RANK 131
  • PHOTO 72nd
  • IND 401(k)
  • EOY near Shalom Baranes Associates 401(k) Plan
  • 5500 ind #4904

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 North Carolina →

F&m Financial Corporation 401(k) Plan in the asset neighbourhood

F&m Financial Corporation 401(k) PlanF&m Financial Corporation 40…$22MShalom Baranes Associates 401(k) PlanShalom Baranes Associates 40…$22MOlympia Federal Savings & Loan Association 401(k) Plan and TrustOlympia Federal Savings & Lo…$22MSouth Dakota Soybean Processors LLC 401(k) Retirement PlanSouth Dakota Soybean Process…$22MTherapy South, LLC 401(k) PlanTherapy South, LLC 401(k) Pl…$22M
End-of-year total assets ($M) among F&m Financial Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN561439958
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (F&m Financial Corporation)

Sponsor-wide plan assets over time

All F&m Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 39.6714366503635% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $15.6M $21.8M ▲ +39.7%
Year Plans Participants Total Assets
2022 1 130 $16M
2023 1 128 $19M
2024 1 131 $22M

Nearby 401(k) Plans in North Carolina

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

F&m Financial Corporation 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants F&m Financial Corporation 401(k) Plan, Total assets ($B): 0.021753681 · Participants: 131F&m Financial Corporation 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
F&m Financial Corporation 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare F&m Financial Corporation 401(k) Plan side-by-side with 3 peers →

F&m Financial Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Shalom Baranes Associates 401(k) Plan in DC ($22M); by covered participants it is T/J Inspection, Inc. 401(k) Plan in OK (131 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (131 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 F&m Financial Corporation 401(k) Plan assets move in 2024? ▼
F&m Financial Corporation 401(k) Plan grew at a solid clip - up 13.1% during 2024, from $19M to $22M. Reported net income was $3M.
How have F&m Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), F&m Financial Corporation's sponsor-wide assets grew 39.7%, from $16M to $22M.
Which 401(k) plans are similar in size to F&m Financial Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shalom Baranes Associates 401(k) Plan in DC ($22M, 69 participants).
Which 401(k) plans cover a similar participant headcount to F&m Financial Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is T/J Inspection, Inc. 401(k) Plan in OK (131 participants, $5M 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 561439958.

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.