Plan Snapshot
- Plan Sponsor: The Farmers Bank
- Sponsor EIN: 350302320
- Sponsor Address: 9 EAST CLINTON STREET, FRANKFORT, IN, 46041
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 149
- Total Assets: $18.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2023 | 149 | $18.9M | $498,410 | $835,709 |
| 2022 | 150 | $16.5M | $655,854 | $730,323 |