The Farmers & Merchants State Bank401(k)
THE FARMERS & MERCHANTS STATE BANK 401(K) PROFIT SHARING PLAN · ARCHBOLD, OH · plan year 2025
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
The Farmers & Merchants State Bank reported $55,955 in plan administrative expenses for 2025: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,154 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 3 years on file its reported administrative ratio fell from 0.19% to 0.12%. 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 671st-largest of 3,295 plans among Ohio employers on file, and the 1,705th of 4,798 in finance & insurance. In 2025, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 432 to 482 since 2022.
The Farmers & Merchants State Bank's 2025 employer contribution ran above the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 344230390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.