First Farmers & Merchants BankProfit-sharing plan
FIRST FARMERS & MERCHANTS BANK PROFIT SHARING PLAN · COLUMBIA, TN · plan year 2025
First Farmers & Merchants Bank's 2025 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $30,947,714 across 259 participant accounts, with employer contributions averaging $5,576 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 405th-largest of 1,496 plans among Tennessee employers on file, and the 2,375th of 4,798 in finance & insurance.
First Farmers & Merchants Bank's 2025 employer contribution ran above the $2,666 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 620198110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.