Farmers and Merchants Trust 401(k) match, vesting and fees
What Farmers and Merchants Trust's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Benefit Plans Admin Services Inc | Schedule C ↗ |
| Independent auditor | Smith Elliott Kearns & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Farmers and Merchants Trust: employer contribution per participant | $3,644 | |
| Peer median | $2,868 |
| Farmers and Merchants Trust: average balance | $109,204 | |
| Peer median | $95,281 |
| Farmers and Merchants Trust: admin expenses ÷ assets | 0.17% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $37.2M at the end of plan year 2021 to $40.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 376 | $40.5M | $1.4M | $3,644 | 0.17% | Not published | Form 5500 ↗ |
| 2023 | 375 | $35.6M | $1.4M | $3,749 | 0.18% | Not published | Form 5500 ↗ |
| 2022 | 402 | $31.8M | $1.3M | $3,193 | 0.17% | Not published | Form 5500 ↗ |
| 2021 | 352 | $37.2M | $1.2M | $3,358 | 0.17% | Not published | Form 5500 ↗ |
Other Farmers and Merchants Trust plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Farmers and Merchants Trust Company of Chambersburg Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Bpas Actuarial & Pension Services | Schedule C ↗ |
| Independent auditor | Smith Elliott Kearns & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Farmers and Merchants Trust match 401(k) contributions?
The match terms for the F & M Trust 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.4M in employer contributions, about $3,644 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Farmers and Merchants Trust 401(k) match vested?
The vesting schedule for the F & M Trust 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Farmers and Merchants Trust 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Benefit Plans Admin Services Inc. The plan administrator is Farmers and Merchants Trust Company.
I left Farmers and Merchants Trust. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Farmers and Merchants Trust Company, (717) 262-7577) or the recordkeeper, Benefit Plans Admin Services Inc. The Farmers and Merchants Trust old 401(k) page lists the contacts from every plan filing. Find an old Farmers and Merchants Trust 401(k)
Data from the public Form 5500 annual reports Farmers and Merchants Trust filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Farmers and Merchants Trust. Not financial advice. Report a correction · Methodology