Civic Intelligence

Farmers & Merchants Bankshares Inc ..

Plan context: Farmers & Merchants Bankshares Inc. Savings Incentive Plan

EIN 73-0956567 • 26 filings • 2 plans

Current Snapshot

Latest Year

2024

2024 Participants

96

2024 Assets

$12,892,035

2024 Contributions

$814,590

Historical Graphs

Total Assets Over Time

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

$12,892,035$6,446,018$0199920142024YearValue
$12,892,035Latest year 2024

Participants Over Time

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

105530199920122024YearValue
96Latest 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
2024196$12,892,035$814,590$8,485iApproximate average salary by contribution assumption: employee only about $212,133 at 4% or $141,422 at 6%; with 50% employer match about $141,422 at 4% or $94,281 at 6%; with 100% employer match about $106,066 at 4% or $70,711 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-96$12,892,035$814,590$8,485iApproximate average salary by contribution assumption: employee only about $212,133 at 4% or $141,422 at 6%; with 50% employer match about $141,422 at 4% or $94,281 at 6%; with 100% employer match about $106,066 at 4% or $70,711 at 6%.
20231103$10,803,682$798,491$7,752iApproximate average salary by contribution assumption: employee only about $193,808 at 4% or $129,206 at 6%; with 50% employer match about $129,206 at 4% or $86,137 at 6%; with 100% employer match about $96,904 at 4% or $64,603 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-103$10,803,682$798,491$7,752iApproximate average salary by contribution assumption: employee only about $193,808 at 4% or $129,206 at 6%; with 50% employer match about $129,206 at 4% or $86,137 at 6%; with 100% employer match about $96,904 at 4% or $64,603 at 6%.
2022198$9,247,898$742,200$7,573iApproximate average salary by contribution assumption: employee only about $189,337 at 4% or $126,224 at 6%; with 50% employer match about $126,224 at 4% or $84,150 at 6%; with 100% employer match about $94,668 at 4% or $63,112 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-98$9,247,898$742,200$7,573iApproximate average salary by contribution assumption: employee only about $189,337 at 4% or $126,224 at 6%; with 50% employer match about $126,224 at 4% or $84,150 at 6%; with 100% employer match about $94,668 at 4% or $63,112 at 6%.
20211102$10,512,559$704,426$6,906iApproximate average salary by contribution assumption: employee only about $172,653 at 4% or $115,102 at 6%; with 50% employer match about $115,102 at 4% or $76,735 at 6%; with 100% employer match about $86,327 at 4% or $57,551 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-102$10,512,559$704,426$6,906iApproximate average salary by contribution assumption: employee only about $172,653 at 4% or $115,102 at 6%; with 50% employer match about $115,102 at 4% or $76,735 at 6%; with 100% employer match about $86,327 at 4% or $57,551 at 6%.
20201101$8,990,866$784,890$7,771iApproximate average salary by contribution assumption: employee only about $194,280 at 4% or $129,520 at 6%; with 50% employer match about $129,520 at 4% or $86,347 at 6%; with 100% employer match about $97,140 at 4% or $64,760 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-101$8,990,866$784,890$7,771iApproximate average salary by contribution assumption: employee only about $194,280 at 4% or $129,520 at 6%; with 50% employer match about $129,520 at 4% or $86,347 at 6%; with 100% employer match about $97,140 at 4% or $64,760 at 6%.
20191102$7,650,421$644,141$6,315iApproximate average salary by contribution assumption: employee only about $157,878 at 4% or $105,252 at 6%; with 50% employer match about $105,252 at 4% or $70,168 at 6%; with 100% employer match about $78,939 at 4% or $52,626 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-102$7,650,421$644,141$6,315iApproximate average salary by contribution assumption: employee only about $157,878 at 4% or $105,252 at 6%; with 50% employer match about $105,252 at 4% or $70,168 at 6%; with 100% employer match about $78,939 at 4% or $52,626 at 6%.
20181105$7,121,188$736,197$7,011iApproximate average salary by contribution assumption: employee only about $175,285 at 4% or $116,857 at 6%; with 50% employer match about $116,857 at 4% or $77,904 at 6%; with 100% employer match about $87,643 at 4% or $58,428 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-105$7,121,188$736,197$7,011iApproximate average salary by contribution assumption: employee only about $175,285 at 4% or $116,857 at 6%; with 50% employer match about $116,857 at 4% or $77,904 at 6%; with 100% employer match about $87,643 at 4% or $58,428 at 6%.
20171104$7,084,380$830,517$7,986iApproximate average salary by contribution assumption: employee only about $199,644 at 4% or $133,096 at 6%; with 50% employer match about $133,096 at 4% or $88,730 at 6%; with 100% employer match about $99,822 at 4% or $66,548 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-104$7,084,380$830,517$7,986iApproximate average salary by contribution assumption: employee only about $199,644 at 4% or $133,096 at 6%; with 50% employer match about $133,096 at 4% or $88,730 at 6%; with 100% employer match about $99,822 at 4% or $66,548 at 6%.
2016190$5,499,756$614,421$6,827iApproximate average salary by contribution assumption: employee only about $170,673 at 4% or $113,782 at 6%; with 50% employer match about $113,782 at 4% or $75,854 at 6%; with 100% employer match about $85,336 at 4% or $56,891 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-90$5,499,756$614,421$6,827iApproximate average salary by contribution assumption: employee only about $170,673 at 4% or $113,782 at 6%; with 50% employer match about $113,782 at 4% or $75,854 at 6%; with 100% employer match about $85,336 at 4% or $56,891 at 6%.
2015185$4,971,195$486,247$5,721iApproximate average salary by contribution assumption: employee only about $143,014 at 4% or $95,343 at 6%; with 50% employer match about $95,343 at 4% or $63,562 at 6%; with 100% employer match about $71,507 at 4% or $47,671 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-85$4,971,195$486,247$5,721iApproximate average salary by contribution assumption: employee only about $143,014 at 4% or $95,343 at 6%; with 50% employer match about $95,343 at 4% or $63,562 at 6%; with 100% employer match about $71,507 at 4% or $47,671 at 6%.
2014180$5,125,395$568,519$7,106iApproximate average salary by contribution assumption: employee only about $177,662 at 4% or $118,441 at 6%; with 50% employer match about $118,441 at 4% or $78,961 at 6%; with 100% employer match about $88,831 at 4% or $59,221 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-80$5,125,395$568,519$7,106iApproximate average salary by contribution assumption: employee only about $177,662 at 4% or $118,441 at 6%; with 50% employer match about $118,441 at 4% or $78,961 at 6%; with 100% employer match about $88,831 at 4% or $59,221 at 6%.
2013175$4,259,381$482,023$6,427iApproximate average salary by contribution assumption: employee only about $160,674 at 4% or $107,116 at 6%; with 50% employer match about $107,116 at 4% or $71,411 at 6%; with 100% employer match about $80,337 at 4% or $53,558 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-75$4,259,381$482,023$6,427iApproximate average salary by contribution assumption: employee only about $160,674 at 4% or $107,116 at 6%; with 50% employer match about $107,116 at 4% or $71,411 at 6%; with 100% employer match about $80,337 at 4% or $53,558 at 6%.
2012177$3,117,020$437,300$5,679iApproximate average salary by contribution assumption: employee only about $141,981 at 4% or $94,654 at 6%; with 50% employer match about $94,654 at 4% or $63,102 at 6%; with 100% employer match about $70,990 at 4% or $47,327 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-77$3,117,020$437,300$5,679iApproximate average salary by contribution assumption: employee only about $141,981 at 4% or $94,654 at 6%; with 50% employer match about $94,654 at 4% or $63,102 at 6%; with 100% employer match about $70,990 at 4% or $47,327 at 6%.
2011171$2,480,846$337,648$4,756iApproximate average salary by contribution assumption: employee only about $118,890 at 4% or $79,260 at 6%; with 50% employer match about $79,260 at 4% or $52,840 at 6%; with 100% employer match about $59,445 at 4% or $39,630 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-71$2,480,846$337,648$4,756iApproximate average salary by contribution assumption: employee only about $118,890 at 4% or $79,260 at 6%; with 50% employer match about $79,260 at 4% or $52,840 at 6%; with 100% employer match about $59,445 at 4% or $39,630 at 6%.
2010171$2,621,473$467,722$6,588iApproximate average salary by contribution assumption: employee only about $164,691 at 4% or $109,794 at 6%; with 50% employer match about $109,794 at 4% or $73,196 at 6%; with 100% employer match about $82,345 at 4% or $54,897 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-71$2,621,473$467,722$6,588iApproximate average salary by contribution assumption: employee only about $164,691 at 4% or $109,794 at 6%; with 50% employer match about $109,794 at 4% or $73,196 at 6%; with 100% employer match about $82,345 at 4% or $54,897 at 6%.
2009169$2,229,165$369,645$5,357iApproximate average salary by contribution assumption: employee only about $133,929 at 4% or $89,286 at 6%; with 50% employer match about $89,286 at 4% or $59,524 at 6%; with 100% employer match about $66,965 at 4% or $44,643 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-69$2,229,165$369,645$5,357iApproximate average salary by contribution assumption: employee only about $133,929 at 4% or $89,286 at 6%; with 50% employer match about $89,286 at 4% or $59,524 at 6%; with 100% employer match about $66,965 at 4% or $44,643 at 6%.
2008169$1,539,925$388,017$5,623iApproximate average salary by contribution assumption: employee only about $140,586 at 4% or $93,724 at 6%; with 50% employer match about $93,724 at 4% or $62,483 at 6%; with 100% employer match about $70,293 at 4% or $46,862 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-69$1,539,925$388,017$5,623iApproximate average salary by contribution assumption: employee only about $140,586 at 4% or $93,724 at 6%; with 50% employer match about $93,724 at 4% or $62,483 at 6%; with 100% employer match about $70,293 at 4% or $46,862 at 6%.
2007153$0$0-
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-53---
2006148$0$0-
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-48---
2005142$1,148,167$123,016$2,929iApproximate average salary by contribution assumption: employee only about $73,224 at 4% or $48,816 at 6%; with 50% employer match about $48,816 at 4% or $32,544 at 6%; with 100% employer match about $36,612 at 4% or $24,408 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-42$1,148,167$123,016$2,929iApproximate average salary by contribution assumption: employee only about $73,224 at 4% or $48,816 at 6%; with 50% employer match about $48,816 at 4% or $32,544 at 6%; with 100% employer match about $36,612 at 4% or $24,408 at 6%.
2004133$1,058,650$131,035$3,971iApproximate average salary by contribution assumption: employee only about $99,269 at 4% or $66,179 at 6%; with 50% employer match about $66,179 at 4% or $44,120 at 6%; with 100% employer match about $49,634 at 4% or $33,090 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-33$1,058,650$131,035$3,971iApproximate average salary by contribution assumption: employee only about $99,269 at 4% or $66,179 at 6%; with 50% employer match about $66,179 at 4% or $44,120 at 6%; with 100% employer match about $49,634 at 4% or $33,090 at 6%.
2003135$0$0-
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-35---
2002158$963,816$203,629$3,511iApproximate average salary by contribution assumption: employee only about $87,771 at 4% or $58,514 at 6%; with 50% employer match about $58,514 at 4% or $39,009 at 6%; with 100% employer match about $43,886 at 4% or $29,257 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-58$963,816$203,629$3,511iApproximate average salary by contribution assumption: employee only about $87,771 at 4% or $58,514 at 6%; with 50% employer match about $58,514 at 4% or $39,009 at 6%; with 100% employer match about $43,886 at 4% or $29,257 at 6%.
2001135$0$0-
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-35---
2000130$615,547$113,678$3,789iApproximate average salary by contribution assumption: employee only about $94,732 at 4% or $63,154 at 6%; with 50% employer match about $63,154 at 4% or $42,103 at 6%; with 100% employer match about $47,366 at 4% or $31,577 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-30$615,547$113,678$3,789iApproximate average salary by contribution assumption: employee only about $94,732 at 4% or $63,154 at 6%; with 50% employer match about $63,154 at 4% or $42,103 at 6%; with 100% employer match about $47,366 at 4% or $31,577 at 6%.
1999127$619,300$94,311$3,493iApproximate average salary by contribution assumption: employee only about $87,325 at 4% or $58,217 at 6%; with 50% employer match about $58,217 at 4% or $38,811 at 6%; with 100% employer match about $43,663 at 4% or $29,108 at 6%.
Farmers & Merchants Bankshares Inc. Savings Incentive Plan-27$619,300$94,311$3,493iApproximate average salary by contribution assumption: employee only about $87,325 at 4% or $58,217 at 6%; with 50% employer match about $58,217 at 4% or $38,811 at 6%; with 100% employer match about $43,663 at 4% or $29,108 at 6%.