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FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 401k Plan overview

Plan NameFARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN
Plan identification number 002

FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FARMERS & MERCHANTS BANK has sponsored the creation of one or more 401k plans.

Company Name:FARMERS & MERCHANTS BANK
Employer identification number (EIN):390273450
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01TOM MAXWELL2023-03-02
0022021-06-01THOMAS MAXWELL2022-02-22
0022021-06-01THOMAS MAXWELL2022-02-15
0022020-06-01THOMAS MAXWELL2021-07-19
0022019-06-01
0022018-06-01FRANK OROURKE
0022017-06-01FRANK OROURKE
0022016-06-01FRANK OROURKE
0022015-06-01FRANK OROURKE
0022014-06-01FRANK OROURKE
0022013-06-01FRANK OROURKE
0022012-06-01FRANK OROURKE
0022011-06-01FRANK OROURKE
0022010-06-01FRANK OROURKE
0022009-06-01FRANK OROURKE

Plan Statistics for FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN

401k plan membership statisitcs for FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN

Measure Date Value
2019: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-06-0137
Total number of active participants reported on line 7a of the Form 55002019-06-0137
Total of all active and inactive participants2019-06-0137
Total participants2019-06-0137
Number of participants with account balances2019-06-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-06-011
2018: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-06-0143
Total number of active participants reported on line 7a of the Form 55002018-06-0143
Total of all active and inactive participants2018-06-0143
Total participants2018-06-0143
Number of participants with account balances2018-06-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-06-011
2017: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-06-0150
Total number of active participants reported on line 7a of the Form 55002017-06-0144
Number of retired or separated participants receiving benefits2017-06-016
Total of all active and inactive participants2017-06-0150
Total participants2017-06-0150
Number of participants with account balances2017-06-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-06-010
2016: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-06-0141
Total number of active participants reported on line 7a of the Form 55002016-06-0140
Number of retired or separated participants receiving benefits2016-06-017
Total of all active and inactive participants2016-06-0147
Total participants2016-06-0147
Number of participants with account balances2016-06-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-06-012
2015: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-06-0141
Total number of active participants reported on line 7a of the Form 55002015-06-0141
Number of retired or separated participants receiving benefits2015-06-017
Total of all active and inactive participants2015-06-0148
Total participants2015-06-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-06-011
2014: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-06-0148
Total number of active participants reported on line 7a of the Form 55002014-06-0141
Number of retired or separated participants receiving benefits2014-06-017
Total of all active and inactive participants2014-06-0148
Total participants2014-06-0148
Number of participants with account balances2014-06-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-06-011
2013: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-06-0152
Total number of active participants reported on line 7a of the Form 55002013-06-0142
Number of retired or separated participants receiving benefits2013-06-0110
Total of all active and inactive participants2013-06-0152
Total participants2013-06-0152
Number of participants with account balances2013-06-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-06-014
2012: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-06-0152
Total number of active participants reported on line 7a of the Form 55002012-06-0145
Number of retired or separated participants receiving benefits2012-06-012
Number of other retired or separated participants entitled to future benefits2012-06-018
Total of all active and inactive participants2012-06-0155
Total participants2012-06-0155
Number of participants with account balances2012-06-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-06-011
2011: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-06-0152
Total number of active participants reported on line 7a of the Form 55002011-06-0152
Total of all active and inactive participants2011-06-0152
Total participants2011-06-0152
Number of participants with account balances2011-06-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-06-012
2010: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-06-0147
Total number of active participants reported on line 7a of the Form 55002010-06-0144
Number of retired or separated participants receiving benefits2010-06-010
Number of other retired or separated participants entitled to future benefits2010-06-010
Total of all active and inactive participants2010-06-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-06-010
Total participants2010-06-0144
Number of participants with account balances2010-06-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-06-011
2009: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-06-0147
Total number of active participants reported on line 7a of the Form 55002009-06-0147
Number of retired or separated participants receiving benefits2009-06-010
Number of other retired or separated participants entitled to future benefits2009-06-010
Total of all active and inactive participants2009-06-0147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-06-010
Total participants2009-06-0147
Number of participants with account balances2009-06-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-06-011

Financial Data on FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN

Measure Date Value
2020 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan2020-05-31$0
Total income from all sources2020-05-31$-32,241
Expenses. Total of all expenses incurred2020-05-31$156,871
Benefits paid (including direct rollovers)2020-05-31$156,871
Total plan assets at end of year2020-05-31$2,562,218
Total plan assets at beginning of year2020-05-31$2,751,330
Value of fidelity bond covering the plan2020-05-31$1,000,000
Other income received2020-05-31$-132,241
Net income (gross income less expenses)2020-05-31$-189,112
Net plan assets at end of year (total assets less liabilities)2020-05-31$2,562,218
Net plan assets at beginning of year (total assets less liabilities)2020-05-31$2,751,330
Assets. Value of employer securities2020-05-31$176,880
Total contributions received or receivable from employer(s)2020-05-31$100,000
Expenses. Administrative service providers (salaries,fees and commissions)2020-05-31$0
2019 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-05-31$248,950
Expenses. Total of all expenses incurred2019-05-31$125,417
Benefits paid (including direct rollovers)2019-05-31$124,240
Total plan assets at end of year2019-05-31$2,751,330
Total plan assets at beginning of year2019-05-31$2,627,797
Value of fidelity bond covering the plan2019-05-31$1,000,000
Expenses. Other expenses not covered elsewhere2019-05-31$1,177
Contributions received from other sources (not participants or employers)2019-05-31$1,177
Other income received2019-05-31$147,773
Net income (gross income less expenses)2019-05-31$123,533
Net plan assets at end of year (total assets less liabilities)2019-05-31$2,751,330
Net plan assets at beginning of year (total assets less liabilities)2019-05-31$2,627,797
Assets. Value of employer securities2019-05-31$62,700
Total contributions received or receivable from employer(s)2019-05-31$100,000
2018 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan2018-05-31$0
Total plan liabilities at end of year2018-05-31$0
Total plan liabilities at beginning of year2018-05-31$0
Total income from all sources2018-05-31$263,331
Expenses. Total of all expenses incurred2018-05-31$371,555
Benefits paid (including direct rollovers)2018-05-31$371,555
Total plan assets at end of year2018-05-31$2,627,797
Total plan assets at beginning of year2018-05-31$2,736,021
Value of fidelity bond covering the plan2018-05-31$2,275,000
Total contributions received or receivable from participants2018-05-31$0
Expenses. Other expenses not covered elsewhere2018-05-31$0
Contributions received from other sources (not participants or employers)2018-05-31$0
Other income received2018-05-31$162,455
Noncash contributions received2018-05-31$0
Net income (gross income less expenses)2018-05-31$-108,224
Net plan assets at end of year (total assets less liabilities)2018-05-31$2,627,797
Net plan assets at beginning of year (total assets less liabilities)2018-05-31$2,736,021
Assets. Value of employer securities2018-05-31$259,425
Total contributions received or receivable from employer(s)2018-05-31$100,876
Value of certain deemed distributions of participant loans2018-05-31$0
Value of corrective distributions2018-05-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-05-31$0
2017 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-05-31$220,425
Expenses. Total of all expenses incurred2017-05-31$482,885
Benefits paid (including direct rollovers)2017-05-31$465,175
Total plan assets at end of year2017-05-31$2,736,020
Total plan assets at beginning of year2017-05-31$2,998,480
Value of fidelity bond covering the plan2017-05-31$2,275,000
Expenses. Other expenses not covered elsewhere2017-05-31$17,710
Other income received2017-05-31$102,716
Net income (gross income less expenses)2017-05-31$-262,460
Net plan assets at end of year (total assets less liabilities)2017-05-31$2,736,020
Net plan assets at beginning of year (total assets less liabilities)2017-05-31$2,998,480
Assets. Value of employer securities2017-05-31$403,875
Total contributions received or receivable from employer(s)2017-05-31$117,709
2016 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-05-31$330,894
Expenses. Total of all expenses incurred2016-05-31$91,928
Benefits paid (including direct rollovers)2016-05-31$91,928
Total plan assets at end of year2016-05-31$2,998,480
Total plan assets at beginning of year2016-05-31$2,759,514
Value of fidelity bond covering the plan2016-05-31$1,000,000
Total contributions received or receivable from participants2016-05-31$0
Expenses. Other expenses not covered elsewhere2016-05-31$0
Contributions received from other sources (not participants or employers)2016-05-31$0
Other income received2016-05-31$215,379
Noncash contributions received2016-05-31$0
Net income (gross income less expenses)2016-05-31$238,966
Net plan assets at end of year (total assets less liabilities)2016-05-31$2,998,480
Net plan assets at beginning of year (total assets less liabilities)2016-05-31$2,759,514
Assets. Value of employer securities2016-05-31$406,125
Total contributions received or receivable from employer(s)2016-05-31$115,515
2015 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-05-31$318,333
Expenses. Total of all expenses incurred2015-05-31$1,364,584
Benefits paid (including direct rollovers)2015-05-31$1,364,584
Total plan assets at end of year2015-05-31$2,759,514
Total plan assets at beginning of year2015-05-31$3,805,765
Value of fidelity bond covering the plan2015-05-31$500,000
Other income received2015-05-31$213,420
Net income (gross income less expenses)2015-05-31$-1,046,251
Net plan assets at end of year (total assets less liabilities)2015-05-31$2,759,514
Net plan assets at beginning of year (total assets less liabilities)2015-05-31$3,805,765
Assets. Value of employer securities2015-05-31$40,612
Total contributions received or receivable from employer(s)2015-05-31$104,913
2014 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-05-31$341,214
Expenses. Total of all expenses incurred2014-05-31$1,207,170
Benefits paid (including direct rollovers)2014-05-31$1,207,170
Total plan assets at end of year2014-05-31$3,805,765
Total plan assets at beginning of year2014-05-31$4,671,721
Value of fidelity bond covering the plan2014-05-31$1,000,000
Other income received2014-05-31$234,258
Net income (gross income less expenses)2014-05-31$-865,956
Net plan assets at end of year (total assets less liabilities)2014-05-31$3,805,765
Net plan assets at beginning of year (total assets less liabilities)2014-05-31$4,671,721
Assets. Value of employer securities2014-05-31$531,000
Total contributions received or receivable from employer(s)2014-05-31$106,956
2013 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-05-31$444,143
Expenses. Total of all expenses incurred2013-05-31$16,527
Benefits paid (including direct rollovers)2013-05-31$16,527
Total plan assets at end of year2013-05-31$4,671,721
Total plan assets at beginning of year2013-05-31$4,244,105
Value of fidelity bond covering the plan2013-05-31$1,000,000
Other income received2013-05-31$342,117
Net income (gross income less expenses)2013-05-31$427,616
Net plan assets at end of year (total assets less liabilities)2013-05-31$4,671,721
Net plan assets at beginning of year (total assets less liabilities)2013-05-31$4,244,105
Assets. Value of employer securities2013-05-31$702,900
Total contributions received or receivable from employer(s)2013-05-31$102,026
2012 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-05-31$240,868
Expenses. Total of all expenses incurred2012-05-31$15,986
Benefits paid (including direct rollovers)2012-05-31$15,986
Total plan assets at end of year2012-05-31$4,244,105
Total plan assets at beginning of year2012-05-31$4,019,223
Value of fidelity bond covering the plan2012-05-31$1,000,000
Other income received2012-05-31$136,361
Net income (gross income less expenses)2012-05-31$224,882
Net plan assets at end of year (total assets less liabilities)2012-05-31$4,244,105
Net plan assets at beginning of year (total assets less liabilities)2012-05-31$4,019,223
Assets. Value of employer securities2012-05-31$702,900
Total contributions received or receivable from employer(s)2012-05-31$104,507
2011 : FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-05-31$0
Total income from all sources2011-05-31$449,721
Expenses. Total of all expenses incurred2011-05-31$82,813
Benefits paid (including direct rollovers)2011-05-31$82,813
Total plan assets at end of year2011-05-31$4,019,223
Total plan assets at beginning of year2011-05-31$3,654,711
Value of fidelity bond covering the plan2011-05-31$1,000,000
Total contributions received or receivable from participants2011-05-31$0
Expenses. Other expenses not covered elsewhere2011-05-31$0
Contributions received from other sources (not participants or employers)2011-05-31$0
Other income received2011-05-31$347,804
Noncash contributions received2011-05-31$0
Net income (gross income less expenses)2011-05-31$366,908
Net plan assets at end of year (total assets less liabilities)2011-05-31$4,019,223
Net plan assets at beginning of year (total assets less liabilities)2011-05-31$3,654,711
Assets. Value of employer securities2011-05-31$88,774
Total contributions received or receivable from employer(s)2011-05-31$101,917
Value of certain deemed distributions of participant loans2011-05-31$0
Value of corrective distributions2011-05-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-05-31$0

Form 5500 Responses for FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN

2019: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2019 form 5500 responses
2019-06-01Type of plan entitySingle employer plan
2019-06-01Submission has been amendedNo
2019-06-01This submission is the final filingNo
2019-06-01This return/report is a short plan year return/report (less than 12 months)No
2019-06-01Plan is a collectively bargained planNo
2019-06-01Plan funding arrangement – TrustYes
2019-06-01Plan benefit arrangement - TrustYes
2018: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2018 form 5500 responses
2018-06-01Type of plan entitySingle employer plan
2018-06-01Submission has been amendedNo
2018-06-01This submission is the final filingNo
2018-06-01This return/report is a short plan year return/report (less than 12 months)No
2018-06-01Plan is a collectively bargained planNo
2018-06-01Plan funding arrangement – TrustYes
2018-06-01Plan benefit arrangement - TrustYes
2017: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2017 form 5500 responses
2017-06-01Type of plan entitySingle employer plan
2017-06-01Submission has been amendedNo
2017-06-01This submission is the final filingNo
2017-06-01This return/report is a short plan year return/report (less than 12 months)No
2017-06-01Plan is a collectively bargained planNo
2017-06-01Plan funding arrangement – TrustYes
2017-06-01Plan benefit arrangement - TrustYes
2016: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2016 form 5500 responses
2016-06-01Type of plan entitySingle employer plan
2016-06-01Submission has been amendedNo
2016-06-01This submission is the final filingNo
2016-06-01This return/report is a short plan year return/report (less than 12 months)No
2016-06-01Plan is a collectively bargained planNo
2016-06-01Plan funding arrangement – TrustYes
2016-06-01Plan benefit arrangement - TrustYes
2015: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2015 form 5500 responses
2015-06-01Type of plan entitySingle employer plan
2015-06-01Submission has been amendedNo
2015-06-01This submission is the final filingNo
2015-06-01This return/report is a short plan year return/report (less than 12 months)No
2015-06-01Plan is a collectively bargained planNo
2015-06-01Plan funding arrangement – TrustYes
2015-06-01Plan benefit arrangement - TrustYes
2014: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2014 form 5500 responses
2014-06-01Type of plan entitySingle employer plan
2014-06-01Submission has been amendedNo
2014-06-01This submission is the final filingNo
2014-06-01This return/report is a short plan year return/report (less than 12 months)No
2014-06-01Plan is a collectively bargained planNo
2014-06-01Plan funding arrangement – TrustYes
2014-06-01Plan benefit arrangement - TrustYes
2013: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2013 form 5500 responses
2013-06-01Type of plan entitySingle employer plan
2013-06-01Submission has been amendedNo
2013-06-01This submission is the final filingNo
2013-06-01This return/report is a short plan year return/report (less than 12 months)No
2013-06-01Plan is a collectively bargained planNo
2013-06-01Plan funding arrangement – TrustYes
2013-06-01Plan benefit arrangement - TrustYes
2012: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2012 form 5500 responses
2012-06-01Type of plan entitySingle employer plan
2012-06-01Submission has been amendedNo
2012-06-01This submission is the final filingNo
2012-06-01This return/report is a short plan year return/report (less than 12 months)No
2012-06-01Plan is a collectively bargained planNo
2012-06-01Plan funding arrangement – TrustYes
2012-06-01Plan benefit arrangement - TrustYes
2011: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2011 form 5500 responses
2011-06-01Type of plan entitySingle employer plan
2011-06-01Submission has been amendedNo
2011-06-01This submission is the final filingNo
2011-06-01This return/report is a short plan year return/report (less than 12 months)No
2011-06-01Plan is a collectively bargained planNo
2011-06-01Plan funding arrangement – TrustYes
2011-06-01Plan benefit arrangement - TrustYes
2010: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2010 form 5500 responses
2010-06-01Type of plan entitySingle employer plan
2010-06-01Submission has been amendedNo
2010-06-01This submission is the final filingNo
2010-06-01This return/report is a short plan year return/report (less than 12 months)No
2010-06-01Plan is a collectively bargained planNo
2010-06-01Plan funding arrangement – TrustYes
2010-06-01Plan benefit arrangement - TrustYes
2009: FARMERS & MERCHANTS BANK & TRUST PROFIT SHARING PLAN 2009 form 5500 responses
2009-06-01Type of plan entitySingle employer plan
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planNo
2009-06-01Plan funding arrangement – TrustYes
2009-06-01Plan benefit arrangement - TrustYes

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