Plan Snapshot
- Plan Sponsor: Farmers & Merchants State Bank
- Sponsor EIN: 390273610
- Sponsor Address: 210 W MADISON ST, WATERLOO, WI, 535941364
- Plan Type: 401(k)
- Total Participants: 40
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 40 | $7.4M | $187,570 | $196,867 |
| 2023 | 26 | $6.5M | $165,591 | $179,000 |
| 2022 | 28 | $5.7M | $178,822 | $173,612 |