2023 Form 5500 filing — First Farmers & Merchants Bank Profit Sharing Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240717152933NAL0002679875001) for First Farmers & Merchants Bank Profit Sharing Plan, reported by First Farmers & Merchants Bank under EIN 62-0198110 and plan number 001. It reports 268 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$27.7MReported net assets$27,747,217
Participants268
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20240717152933NAL0002679875001
Plan sponsor
First Farmers & Merchants Bank
EIN
62-0198110
Plan number
001
Location
Columbia, TN
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$27.7M total assets
Net assets$27.7MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$2.1M
Benefits paid / distributions$2.1M
Contributions
Employer$693.9K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$27,747,217
Total liabilities (EOY)
$0
Net assets (EOY)
$27,747,217
Employer contributions
$693,878
Total income / additions
$3,308,983
Benefits paid
$2,090,817
Administrative expenses
$0
Total expenses
$2,090,817
Net increase / (decrease)
$1,218,166

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240717152933NAL0002679875001 cover?
It is the 2023 Form 5500 filing for First Farmers & Merchants Bank Profit Sharing Plan, reported by First Farmers & Merchants Bank (EIN 62-0198110).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials).

Related Form 5500 pages