Money Purchase · DOL Form 5500 · 2024

Farmers and Merchants Bank of Craig County Money Purchase Plan

Data updated 2026-08-11

$1M
Total assets: 13
Participants: 23rd
Percentile by assets: $80,499
Avg per participant

Official DOL plan name: Farmers and Merchants Bank of Craig County Pension Plan · Sponsored by Farmers and Merchants Bank of Craig County · Virginia · Finance & Insurance

$1M in assets, 13 participants

Farmers and Merchants Bank of Craig County's Farmers and Merchants Bank of Craig County Pension Plan reported $1M in total assets and 13 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

23rd percentile by assets (of 123,622 plans)
#1,160 in Finance & Insurance (8,549 peers)

Farmers and Merchants Bank of Craig County multi-year trail

Farmers and Merchants Bank of Craig County's plans moved +26.4% in assets from 2022 to 2024; this filing shows Farmers and Merchants Bank of Craig County Pension Plan at $1M / 13 participants.

$1M
total plan assets (2024 EOY): 13
covered participants: 23rd
percentile by assets (of 123,622 plans): $80,499
avg assets per participant

Farmers and Merchants Bank of Craig County Pension Plan end-of-year assets rose from $931K in the plan year 2023 filing to $1M in the plan year 2024 filing.
Farmers and Merchants Bank of Craig County Pension Plan reported net income rose from $103K in the plan year 2023 filing to $115K in the plan year 2024 filing.
Farmers and Merchants Bank of Craig County Pension Plan reported participants rose from 12 in the plan year 2023 filing to 13 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Finance & Insurance

Farmers and Merchants Bank of Craig County across 3 plan years on file

Across the 3 plan years Farmers and Merchants Bank of Craig County has on file (2022-2024), sponsor-wide plan assets have moved from $828K to $1M, a gain of 26.4%, while reported participants moved from 12 to 13 (+8.3%). Peak year by sponsor assets: 2024 ($1M); trough: 2022 ($828K).

Farmers and Merchants Bank of Craig County multi-year asset trail

Total plan assets by year, all Farmers and Merchants Bank of Craig County plans on file

Year	Plans	Participants	Total Assets
2022	1	12	$828K
2023	1	12	$931K
2024	1	13	$1M

Farmers and Merchants Bank of Craig County filing trail (2024)

Total Assets (Beginning of Year)	$931K
Net Assets (End of Year)	$1M
Net Income	$115K
Employer EIN	540208020
Plan Effective Date	1982-09-01
Filing Status	FILING RECEIVED

Nearby Money Purchase Plans in Virginia

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

Farmers and Merchants Bank of Craig County Pension Plan vs. nearby Money Purchase plans in Virginia, assets vs. participants

The Mitre Corporation Qualified Retirement Plan $2.8B · 12,228
The George Washington University Retirement Plan for Faculty and Staff $1.4B · 3,862
Noblis, Inc. Qualified Retirement Plan $246M · 2,434
Mid-Atlantic States District Council Participating Locals Annuity Fund $149M · 6,604
American College of Radiology Employees' Pension Plan and Trust $108M · 560

Compare Farmers and Merchants Bank of Craig Coun… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Farmers and Merchants Bank of Craig County Pension Plan by total assets, not by location.

Carlos Manuel Cidre Miranda, Md Retirement Plan (PR) $1M · 3
Purnachandra Yerneni Md Keogh Profit Sharing (LA) $1M · N/A
Heat and Frost Insulators Local 47 Retirement Savings Plan (MI) $1M · 248
American Funds Basic Profit Sharing Plan of Robert J Suder Dmd (PA) $1M · 3

Frequently Asked Questions

How did Farmers and Merchants Bank of Craig County Pension Plan assets move in 2024? ▼

Farmers and Merchants Bank of Craig County Pension Plan grew at a solid clip - up 12.4% during 2024, from $931K to $1M. Reported net income was $115K.

How have Farmers and Merchants Bank of Craig County plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Farmers and Merchants Bank of Craig County's sponsor-wide assets grew 26.4%, from $828K to $1M.

Where does Farmers and Merchants Bank of Craig County Pension Plan rank by assets among Form 5500 filers? ▼

Farmers and Merchants Bank of Craig County Pension Plan ranks in the 23rd 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 Money Purchase plans are similar in size to Farmers and Merchants Bank of Craig County Pension Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Carlos Manuel Cidre Miranda, Md Retirement Plan in PR ($1M, 3 participants).

Next read for Farmers and Merchants Bank of Craig Coun…

Multi-year trail

Ways to act on Farmers and Merchants Bank of Craig County Pension Plan's numbers.

By total assets, Farmers and Merchants Bank of Craig County Pension Plan ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Virginia. Compare plans
Farmers and Merchants Bank of Craig County's sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 540208020.