Civic Intelligence

Farmers State Bank

Plan context: Pension Plan for the Employees of Farmers State Bank

EIN 62-0198260 • Mountain City, TN • 27 filings • 2 plans

P.O. Box 9100 W. Main St.Mountain City, TN 37683
Current Snapshot

Latest Year

2024

2024 Participants

23

2024 Assets

$5,044,450

2024 Contributions

$300,673

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$5,286,086$2,643,043$0199920132024YearValue
$5,044,450Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

66330199920122024YearValue
23Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024223$5,044,450$300,673$13,073iApproximate average salary by contribution assumption: employee only about $326,818 at 4% or $217,879 at 6%; with 50% employer match about $217,879 at 4% or $145,253 at 6%; with 100% employer match about $163,409 at 4% or $108,939 at 6%.
Pension Plan for the Employees of Farmers State Bank-0$4,954,365$257,183-
FARMERS STATE BANK 401(K) PLAN-23$90,085$43,490$1,891iApproximate average salary by contribution assumption: employee only about $47,272 at 4% or $31,514 at 6%; with 50% employer match about $31,514 at 4% or $21,010 at 6%; with 100% employer match about $23,636 at 4% or $15,757 at 6%.
2023223$4,726,384$338,103$14,700iApproximate average salary by contribution assumption: employee only about $367,503 at 4% or $245,002 at 6%; with 50% employer match about $245,002 at 4% or $163,335 at 6%; with 100% employer match about $183,752 at 4% or $122,501 at 6%.
Pension Plan for the Employees of Farmers State Bank-0$4,684,057$297,444-
FARMERS STATE BANK 401(K) PLAN-23$42,327$40,659$1,768iApproximate average salary by contribution assumption: employee only about $44,195 at 4% or $29,463 at 6%; with 50% employer match about $29,463 at 4% or $19,642 at 6%; with 100% employer match about $22,097 at 4% or $14,732 at 6%.
2022166$4,143,549$0-
Pension Plan for the Employees of Farmers State Bank-66$4,143,549$0-
2021162$5,286,086$364,417$5,878iApproximate average salary by contribution assumption: employee only about $146,942 at 4% or $97,962 at 6%; with 50% employer match about $97,962 at 4% or $65,308 at 6%; with 100% employer match about $73,471 at 4% or $48,981 at 6%.
Pension Plan for the Employees of Farmers State Bank-62$5,286,086$364,417$5,878iApproximate average salary by contribution assumption: employee only about $146,942 at 4% or $97,962 at 6%; with 50% employer match about $97,962 at 4% or $65,308 at 6%; with 100% employer match about $73,471 at 4% or $48,981 at 6%.
2020162$4,664,950$205,157$3,309iApproximate average salary by contribution assumption: employee only about $82,725 at 4% or $55,150 at 6%; with 50% employer match about $55,150 at 4% or $36,766 at 6%; with 100% employer match about $41,362 at 4% or $27,575 at 6%.
Pension Plan for the Employees of Farmers State Bank-62$4,664,950$205,157$3,309iApproximate average salary by contribution assumption: employee only about $82,725 at 4% or $55,150 at 6%; with 50% employer match about $55,150 at 4% or $36,766 at 6%; with 100% employer match about $41,362 at 4% or $27,575 at 6%.
2019163$5,025,972$243,599$3,867iApproximate average salary by contribution assumption: employee only about $96,666 at 4% or $64,444 at 6%; with 50% employer match about $64,444 at 4% or $42,963 at 6%; with 100% employer match about $48,333 at 4% or $32,222 at 6%.
Pension Plan for the Employees of Farmers State Bank-63$5,025,972$243,599$3,867iApproximate average salary by contribution assumption: employee only about $96,666 at 4% or $64,444 at 6%; with 50% employer match about $64,444 at 4% or $42,963 at 6%; with 100% employer match about $48,333 at 4% or $32,222 at 6%.
2018161$4,285,961$231,661$3,798iApproximate average salary by contribution assumption: employee only about $94,943 at 4% or $63,295 at 6%; with 50% employer match about $63,295 at 4% or $42,197 at 6%; with 100% employer match about $47,472 at 4% or $31,648 at 6%.
Pension Plan for the Employees of Farmers State Bank-61$4,285,961$231,661$3,798iApproximate average salary by contribution assumption: employee only about $94,943 at 4% or $63,295 at 6%; with 50% employer match about $63,295 at 4% or $42,197 at 6%; with 100% employer match about $47,472 at 4% or $31,648 at 6%.
2017163$4,535,290$196,138$3,113iApproximate average salary by contribution assumption: employee only about $77,833 at 4% or $51,888 at 6%; with 50% employer match about $51,888 at 4% or $34,592 at 6%; with 100% employer match about $38,916 at 4% or $25,944 at 6%.
Pension Plan for the Employees of Farmers State Bank-63$4,535,290$196,138$3,113iApproximate average salary by contribution assumption: employee only about $77,833 at 4% or $51,888 at 6%; with 50% employer match about $51,888 at 4% or $34,592 at 6%; with 100% employer match about $38,916 at 4% or $25,944 at 6%.
2016161$3,873,939$143,000$2,344iApproximate average salary by contribution assumption: employee only about $58,607 at 4% or $39,071 at 6%; with 50% employer match about $39,071 at 4% or $26,047 at 6%; with 100% employer match about $29,303 at 4% or $19,536 at 6%.
Pension Plan for the Employees of Farmers State Bank-61$3,873,939$143,000$2,344iApproximate average salary by contribution assumption: employee only about $58,607 at 4% or $39,071 at 6%; with 50% employer match about $39,071 at 4% or $26,047 at 6%; with 100% employer match about $29,303 at 4% or $19,536 at 6%.
2015158$3,979,162$189,000$3,259iApproximate average salary by contribution assumption: employee only about $81,466 at 4% or $54,310 at 6%; with 50% employer match about $54,310 at 4% or $36,207 at 6%; with 100% employer match about $40,733 at 4% or $27,155 at 6%.
Pension Plan for the Employees of Farmers State Bank-58$3,979,162$189,000$3,259iApproximate average salary by contribution assumption: employee only about $81,466 at 4% or $54,310 at 6%; with 50% employer match about $54,310 at 4% or $36,207 at 6%; with 100% employer match about $40,733 at 4% or $27,155 at 6%.
2014163$4,192,106$206,000$3,270iApproximate average salary by contribution assumption: employee only about $81,746 at 4% or $54,497 at 6%; with 50% employer match about $54,497 at 4% or $36,332 at 6%; with 100% employer match about $40,873 at 4% or $27,249 at 6%.
Pension Plan for the Employees of Farmers State Bank-63$4,192,106$206,000$3,270iApproximate average salary by contribution assumption: employee only about $81,746 at 4% or $54,497 at 6%; with 50% employer match about $54,497 at 4% or $36,332 at 6%; with 100% employer match about $40,873 at 4% or $27,249 at 6%.
2013165$3,900,473$228,000$3,508iApproximate average salary by contribution assumption: employee only about $87,692 at 4% or $58,462 at 6%; with 50% employer match about $58,462 at 4% or $38,974 at 6%; with 100% employer match about $43,846 at 4% or $29,231 at 6%.
Pension Plan for the Employees of Farmers State Bank-65$3,900,473$228,000$3,508iApproximate average salary by contribution assumption: employee only about $87,692 at 4% or $58,462 at 6%; with 50% employer match about $58,462 at 4% or $38,974 at 6%; with 100% employer match about $43,846 at 4% or $29,231 at 6%.
2012163$3,318,690$272,000$4,317iApproximate average salary by contribution assumption: employee only about $107,937 at 4% or $71,958 at 6%; with 50% employer match about $71,958 at 4% or $47,972 at 6%; with 100% employer match about $53,968 at 4% or $35,979 at 6%.
Pension Plan for the Employees of Farmers State Bank-63$3,318,690$272,000$4,317iApproximate average salary by contribution assumption: employee only about $107,937 at 4% or $71,958 at 6%; with 50% employer match about $71,958 at 4% or $47,972 at 6%; with 100% employer match about $53,968 at 4% or $35,979 at 6%.
2011165$2,878,433$190,080$2,924iApproximate average salary by contribution assumption: employee only about $73,108 at 4% or $48,738 at 6%; with 50% employer match about $48,738 at 4% or $32,492 at 6%; with 100% employer match about $36,554 at 4% or $24,369 at 6%.
Pension Plan for the Employees of Farmers State Bank-65$2,878,433$190,080$2,924iApproximate average salary by contribution assumption: employee only about $73,108 at 4% or $48,738 at 6%; with 50% employer match about $48,738 at 4% or $32,492 at 6%; with 100% employer match about $36,554 at 4% or $24,369 at 6%.
2010163$2,808,609$170,000$2,698iApproximate average salary by contribution assumption: employee only about $67,460 at 4% or $44,974 at 6%; with 50% employer match about $44,974 at 4% or $29,982 at 6%; with 100% employer match about $33,730 at 4% or $22,487 at 6%.
Pension Plan for the Employees of Farmers State Bank-63$2,808,609$170,000$2,698iApproximate average salary by contribution assumption: employee only about $67,460 at 4% or $44,974 at 6%; with 50% employer match about $44,974 at 4% or $29,982 at 6%; with 100% employer match about $33,730 at 4% or $22,487 at 6%.
2009161$2,409,303$181,000$2,967iApproximate average salary by contribution assumption: employee only about $74,180 at 4% or $49,454 at 6%; with 50% employer match about $49,454 at 4% or $32,969 at 6%; with 100% employer match about $37,090 at 4% or $24,727 at 6%.
Pension Plan for the Employees of Farmers State Bank-61$2,409,303$181,000$2,967iApproximate average salary by contribution assumption: employee only about $74,180 at 4% or $49,454 at 6%; with 50% employer match about $49,454 at 4% or $32,969 at 6%; with 100% employer match about $37,090 at 4% or $24,727 at 6%.
2008134$1,887,478$160,000$4,706iApproximate average salary by contribution assumption: employee only about $117,647 at 4% or $78,431 at 6%; with 50% employer match about $78,431 at 4% or $52,288 at 6%; with 100% employer match about $58,824 at 4% or $39,216 at 6%.
Pension Plan for the Employees of Farmers State Bank-34$1,887,478$160,000$4,706iApproximate average salary by contribution assumption: employee only about $117,647 at 4% or $78,431 at 6%; with 50% employer match about $78,431 at 4% or $52,288 at 6%; with 100% employer match about $58,824 at 4% or $39,216 at 6%.
2007134$2,374,746$150,000$4,412iApproximate average salary by contribution assumption: employee only about $110,294 at 4% or $73,529 at 6%; with 50% employer match about $73,529 at 4% or $49,020 at 6%; with 100% employer match about $55,147 at 4% or $36,765 at 6%.
Pension Plan for the Employees of Farmers State Bank-34$2,374,746$150,000$4,412iApproximate average salary by contribution assumption: employee only about $110,294 at 4% or $73,529 at 6%; with 50% employer match about $73,529 at 4% or $49,020 at 6%; with 100% employer match about $55,147 at 4% or $36,765 at 6%.
2006133$2,137,931$150,000$4,545iApproximate average salary by contribution assumption: employee only about $113,636 at 4% or $75,758 at 6%; with 50% employer match about $75,758 at 4% or $50,505 at 6%; with 100% employer match about $56,818 at 4% or $37,879 at 6%.
Pension Plan for the Employees of Farmers State Bank-33$2,137,931$150,000$4,545iApproximate average salary by contribution assumption: employee only about $113,636 at 4% or $75,758 at 6%; with 50% employer match about $75,758 at 4% or $50,505 at 6%; with 100% employer match about $56,818 at 4% or $37,879 at 6%.
2005136$1,869,747$140,000$3,889iApproximate average salary by contribution assumption: employee only about $97,222 at 4% or $64,815 at 6%; with 50% employer match about $64,815 at 4% or $43,210 at 6%; with 100% employer match about $48,611 at 4% or $32,407 at 6%.
Pension Plan for the Employees of Farmers State Bank-36$1,869,747$140,000$3,889iApproximate average salary by contribution assumption: employee only about $97,222 at 4% or $64,815 at 6%; with 50% employer match about $64,815 at 4% or $43,210 at 6%; with 100% employer match about $48,611 at 4% or $32,407 at 6%.
2004135$1,764,309$130,000$3,714iApproximate average salary by contribution assumption: employee only about $92,857 at 4% or $61,905 at 6%; with 50% employer match about $61,905 at 4% or $41,270 at 6%; with 100% employer match about $46,429 at 4% or $30,952 at 6%.
Pension Plan for the Employees of Farmers State Bank-35$1,764,309$130,000$3,714iApproximate average salary by contribution assumption: employee only about $92,857 at 4% or $61,905 at 6%; with 50% employer match about $61,905 at 4% or $41,270 at 6%; with 100% employer match about $46,429 at 4% or $30,952 at 6%.
2003134$1,583,720$104,000$3,059iApproximate average salary by contribution assumption: employee only about $76,471 at 4% or $50,980 at 6%; with 50% employer match about $50,980 at 4% or $33,987 at 6%; with 100% employer match about $38,235 at 4% or $25,490 at 6%.
Pension Plan for the Employees of Farmers State Bank-34$1,583,720$104,000$3,059iApproximate average salary by contribution assumption: employee only about $76,471 at 4% or $50,980 at 6%; with 50% employer match about $50,980 at 4% or $33,987 at 6%; with 100% employer match about $38,235 at 4% or $25,490 at 6%.
2002133$1,342,402$91,300$2,767iApproximate average salary by contribution assumption: employee only about $69,167 at 4% or $46,111 at 6%; with 50% employer match about $46,111 at 4% or $30,741 at 6%; with 100% employer match about $34,583 at 4% or $23,056 at 6%.
Pension Plan for the Employees of Farmers State Bank-33$1,342,402$91,300$2,767iApproximate average salary by contribution assumption: employee only about $69,167 at 4% or $46,111 at 6%; with 50% employer match about $46,111 at 4% or $30,741 at 6%; with 100% employer match about $34,583 at 4% or $23,056 at 6%.
2001130$0$0-
Pension Plan for the Employees of Farmers State Bank-30---
1999130$1,620,557$86,379$2,879iApproximate average salary by contribution assumption: employee only about $71,983 at 4% or $47,988 at 6%; with 50% employer match about $47,988 at 4% or $31,992 at 6%; with 100% employer match about $35,991 at 4% or $23,994 at 6%.
Pension Plan for the Employees of Farmers State Bank-30$1,620,557$86,379$2,879iApproximate average salary by contribution assumption: employee only about $71,983 at 4% or $47,988 at 6%; with 50% employer match about $47,988 at 4% or $31,992 at 6%; with 100% employer match about $35,991 at 4% or $23,994 at 6%.