Defined Benefit (Pension) · DOL Form 5500 · 2024

Merchants & Marine Bank Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
16
Participants Small participant base
61st
Percentile by assets National rank
$799,746
Avg per participant High balance/head
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Official DOL plan name: Merchants & Marine Bank Pension Plan · Sponsored by Merchants & Marine Bank · Mississippi · Finance & Insurance

$13M in assets, 16 participants

Merchants & Marine Bank's Merchants & Marine Bank Pension Plan reported $13M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,847 in Finance & Insurance (8,549 peers)

Merchants & Marine Bank multi-year trail

Merchants & Marine Bank's plans moved +17.6% in assets from 2022 to 2024; this filing shows Merchants & Marine Bank Pension Plan at $13M / 16 participants.

#3,847
in Finance & Insurance (8,549 peers)
-3.2%
assets change YoY

The plan reported a net loss of $423K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Merchants & Marine Bank Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Merchants & Marine Bank Pension Plan vs every filed plan by assets

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

$12,795,932 Top 39% higher than 61% 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

Merchants & Marine Bank Pension 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. Merchants & Marine Bank Pension Plan is a small filing (16 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Merchants & Marine Bank Pension Plan reported net income fell from $1M in the plan year 2023 filing to -$423K in the plan year 2024 filing.
  • Merchants & Marine Bank Pension Plan reported participants fell from 18 in the plan year 2023 filing to 16 in the plan year 2024 filing.
  • Merchants & Marine Bank Pension Plan end-of-year assets fell from $13M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 646016232 · Merchants & Marine Bank PY 2024 · Defined Benefit (Pension)

Merchants & Marine Bank Pension Plan · $13M · 16 · 61st

  • BOOK $13M
  • BOOK 16
  • BOOK 61st
  • BOOK Defined Benefit (Pension)
  • BOOK near Radia, Inc., P.S. Cash Balance Plan
  • BOOK ind #3847

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 Mississippi →

Merchants & Marine Bank Pension Plan in the asset neighbourhood

Pension Plan for Employees of United Food & Commercial Workers Union Employer Health & Welfare FundPension Plan for Employees o…$13MWestern Farm Bureau Pension PlanWestern Farm Bureau Pension …$13MMerchants & Marine Bank Pension PlanMerchants & Marine Bank Pens…$13MRadia, Inc., P.S. Cash Balance PlanRadia, Inc., P.S. Cash Balan…$13MHealth Services Retirement Plan Kingsbrook Jewish Medical CenterHealth Services Retirement P…$13M
End-of-year total assets ($M) among Merchants & Marine Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Merchants & Marine Bank multi-year asset trail

Sponsor-wide plan assets over time

All Merchants & Marine Bank plans reported in each filing year

Latest sponsor-wide plan assets
$24M 17.563303191412952% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $20.3M $23.8M ▲ +17.6%
Year Plans Participants Total Assets
2022 2 174 $20M
2023 2 192 $23M
2024 2 227 $24M

Merchants & Marine Bank filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income-$423K
Employer EIN646016232
Plan Effective Date1970-11-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Mississippi

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Merchants & Marine Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600800 Total assets ($M) Participants Merchants & Marine Bank Pension Plan, Total assets ($M): 12.795932 · Participants: 16Merchants & Marine Bank Pension PlanHancock Whitney Corporation Pension Plan, Total assets ($M): 734.511636 · Participants: 1627Hancock Whitney Corporation Pension PlanSfb Casualty Ins Co Retirement Plan, Total assets ($M): 445.642648 · Participants: 1529Sfb Casualty Ins Co Retirement PlanCadence Retirement Plan and Trust Agreement, Total assets ($M): 341.427361 · Participants: 5242Cadence Retirement Plan and Trust AgreementSouthern Farm Bureau Life Insurance Company Retirement Plan, Total assets ($M): 222.334772 · Participants: 628Southern Farm Bureau Life Insurance Company Retirement PlanPension Plan for Employees of Central Service Association, Total assets ($M): 186.863041 · Participants: 473Pension Plan for Employees of Central Service Association
Merchants & Marine Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants
Compare Merchants & Marine Bank Pension Plan side-by-side with 3 peers →

Merchants & Marine Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Mississippi, the nearest Defined Benefit (Pension) by assets is Radia, Inc., P.S. Cash Balance Plan in WA ($13M); by covered participants it is Pension Plan of the Genesee Valley Presbyterian Nursing Center in NY (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 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 Merchants & Marine Bank Pension Plan assets move in 2024? ▼
Merchants & Marine Bank Pension Plan edged down modestly - down 3.2% during 2024, from $13M to $13M. Reported net income was -$423K.
How have Merchants & Marine Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merchants & Marine Bank's sponsor-wide assets grew 17.6%, from $20M to $24M.
Which Defined Benefit (Pension) plans are similar in size to Merchants & Marine Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Radia, Inc., P.S. Cash Balance Plan in WA ($13M, 150 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Merchants & Marine Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan of the Genesee Valley Presbyterian Nursing Center in NY (16 participants, N/A 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 646016232.

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.