Farmers & Merchants Bank
70
Plan:
Farmers & Merchants Bank Second Restated 401k Profit Sharing Plan
17
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $51,800 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Farmers & Merchants Bank Second Restated 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Participation Rate. Farmers & Merchants Bank Second Restated 401k Profit Sharing Plan currently has over 100 active participants and over $8.8M in plan assets.
Retirement Plan Details
| Address |
2081 Wilma Rudolph Blvd.
Clarksville, TN 37040 |
| Industry | Commercial Banking |
| Administrator | Lynn Ray |
| Net Plan Assets | $8,750,000 |
| Total Participants | 190 |
| Avg Account Balance | $45,000 |
Compare Other Companies in Peer Group
| First Business Financial Services | 71.9 |
| Lubbock National Bank | 71.5 |
| First Federal Savings Bank | 66.8 |
| Sulphur Springs Bancshares | 63.6 |
| Citizens National Bank | 62.1 |
| Southeastern Bank | 61.9 |
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