ESOP · DOL Form 5500 · 2023

F & M Bank Corp. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
205
Participants Below avg headcount
43rd
Percentile by assets National rank
$22,634
Avg per participant Low balance/head
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Official DOL plan name: F & M Bank Corp. Stock Bonus Plan · Sponsored by F & M Bank Corp. · Virginia · Finance & Insurance

$5M in assets, 205 participants

F & M Bank Corp.'s F & M Bank Corp. Stock Bonus Plan reported $5M in total assets and 205 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,674 in Finance & Insurance (8,869 peers)

Coverage in Virginia

F & M Bank Corp. Stock Bonus Plan covers 205 participants in Virginia, about 26% of the average Virginia filer (state average ~782 per filing). Assets: $5M.

#2,674
in Finance & Insurance (8,869 peers)
+27.5%
assets growth YoY

F & M Bank Corp. Stock Bonus Plan's mid-pack asset rank among Finance & Insurance and all filers

F & M Bank Corp. Stock Bonus Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,639,876 43rd percentile higher than 43% of 127,068 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 2023

F & M Bank Corp. Stock Bonus Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. F & M Bank Corp. Stock Bonus Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • F & M Bank Corp. Stock Bonus Plan reported net income rose from -$405K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • F & M Bank Corp. Stock Bonus Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • F & M Bank Corp. Stock Bonus Plan reported participants rose from 201 in the plan year 2022 filing to 205 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541280811 · F & M Bank Corp. PY 2023 · ESOP

F & M Bank Corp. Stock Bonus Plan · $5M · 205 · 43rd

  • ASSETS $5M
  • ASSETS 205
  • ASSETS 43rd
  • ASSETS ESOP
  • ASSETS near Improve Group, Inc. Employee Stock Ownership Plan
  • ASSETS ind #2674

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 Virginia →

F & M Bank Corp. Stock Bonus Plan in the asset neighbourhood

Nspj Architects, P.a. Employee Stock Ownership PlanNspj Architects, P.a. Employ…$5MNesm Holdings, Inc. Employee Stock Ownership PlanNesm Holdings, Inc. Employee…$5MF & M Bank Corp. Stock Bonus PlanF & M Bank Corp. Stock Bonus…$5MImprove Group, Inc. Employee Stock Ownership PlanImprove Group, Inc. Employee…$5MNou Systems, Inc. Employee Stock Ownership PlanNou Systems, Inc. Employee S…$5M
End-of-year total assets ($M) among F & M Bank Corp. Stock Bonus Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$1M
Employer EIN541280811
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (F & M Bank Corp.)

Sponsor-wide plan assets over time

All F & M Bank Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 26.068402374538945% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.64M $4.59M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 201 $4M
2023 1 205 $5M
2024 1 177 $5M

Nearby ESOP Plans in Virginia

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

F & M Bank Corp. Stock Bonus Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants F & M Bank Corp. Stock Bonus Plan, Total assets ($B): 0.004639876 · Participants: 205F & M Bank Corp. Stock Bonus PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
F & M Bank Corp. Stock Bonus Plan vs. nearby ESOP plans in Virginia, assets vs. participants

F & M Bank Corp. Stock Bonus Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Improve Group, Inc. Employee Stock Ownership Plan in NM ($5M); by covered participants it is The Graham Company Employee Stock Ownership Plan in PA (205 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (205 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did F & M Bank Corp. Stock Bonus Plan assets move in 2023?
F & M Bank Corp. Stock Bonus Plan grew sharply - up 27.5% during 2023, from $4M to $5M. Reported net income was $1M.
How have F & M Bank Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), F & M Bank Corp.'s sponsor-wide assets grew 26.1%, from $4M to $5M.
Which ESOP plans are similar in size to F & M Bank Corp. Stock Bonus Plan?
Among ESOP plans in other states, the closest by assets is Improve Group, Inc. Employee Stock Ownership Plan in NM ($5M, 34 participants).
Which ESOP plans cover a similar participant headcount to F & M Bank Corp. Stock Bonus Plan?
Among ESOP plans in other states, the closest by covered participants is The Graham Company Employee Stock Ownership Plan in PA (205 participants, $31M in assets).