Benchmarking The Farmers Bank 401k Plan in Portland, TN against all plans
The Farmers Bank 401k Plan in Portland, TN has the 6th-highest average account balance ($89,962) of the 29 Tennessee plans whose industry group is Depository Credit Intermediation. That $89,962 compares to an average of $75,708 across those 29 plans.
Beating the average of $75,708 means an extra $2,508,795 in total assets.
Note: average account balance = total assets ÷ total participants
The Farmers Bank 401k Plan has these standings among those 29 peer plans:
Beating the average of $75,708 means an extra $2,508,795 in total assets.
Note: average account balance = total assets ÷ total participants
The Farmers Bank 401k Plan has these standings among those 29 peer plans:
- average account balance = $89,962 (6th-highest)
- total assets = $15,833,227 (9th-least)
- total participants = 176 (8th-fewest)
Visualize
Peers
beat out by First National Bank of Tennessee 401(K) Profit Sharing Plan in Livingston, TN ($159,397), Security Bancorp of Tennessee Safe Harbor 401(K) Profit Sharing Plan in Halls, TN ($137,700), Southeast Financial Credit Union 401(K) Plan and Trust in Franklin, TN ($104,048), and Legends Bank 401-K Plan in Clarksville, TN ($100,200), and 1 other.
beat First Citizens National Bank 401(K) Plan in Dyersburg, TN ($88,968), Banctenn Corp. 401(K) Profit Sharing Plan in Kingsport, TN ($85,883), Citizens National Bank 401(K) Profit Sharing Plan in Sevierville, TN ($85,721), and Independent Bank 401(K) Plan in Memphis, TN ($80,249), and 19 others, ending with Capstar Bank 401(K) Profit Sharing Plan in Nashville, TN ($43,032).
beat First Citizens National Bank 401(K) Plan in Dyersburg, TN ($88,968), Banctenn Corp. 401(K) Profit Sharing Plan in Kingsport, TN ($85,883), Citizens National Bank 401(K) Profit Sharing Plan in Sevierville, TN ($85,721), and Independent Bank 401(K) Plan in Memphis, TN ($80,249), and 19 others, ending with Capstar Bank 401(K) Profit Sharing Plan in Nashville, TN ($43,032).
References
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.