F & M Bank Corp.ESOP
F & M BANK CORP. STOCK BONUS PLAN · TIMBERVILLE, VA · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
F & M Bank Corp. reported $100 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,799 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 1 year on file its reported administrative ratio rose from 0.002% to 0.003%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Virginia (1,870th of 2,266), and 4,469th of 4,798 in finance & insurance.
F & M Bank Corp.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 541280811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.