Original filing (PDF)20250723092549NAL0004166720001

FARMERS STATE BANK

Name: FARMERS STATE BANK — FARMERS STATE BANK EMPLOYEES' 401(K) PROFIT SHARING PLAN & TRUST, Form 5500 (2024)
Creator: FARMERS STATE BANK

Form 5500

FILING_RECEIVED

FARMERS STATE BANK EMPLOYEES' 401(K) PROFIT SHARING PLAN & TRUST

401(k) retirement plan

Signals · 1

High average account balance

Active participants

143

Accounts w/ balance

189

Plan assets (EOY)

$39.5M

Net assets (EOY)

$39.5M

How this plan invests

This plan

1 pooled trust

Schedule D

37 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Helping the score

High average account balance (96th percentile).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for FARMERS STATE BANK.

Plan sponsor

Name

FARMERS STATE BANK

EIN

42-0109590

Address

1240 8TH AVENUE · MARION, IA · 52302

Phone

(319) 730-6904

Industry

Commercial Banking· Finance & Insurancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-23

Pension benefit codes

2A · Age/service weighted or new comparability

2S · Automatic enrollment

2E · Profit-sharing

3D · Pre-approved plan (master / prototype / VS)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2F · ERISA section 404(c)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE VANGUARD GROUP, INC.	23-1945930	—	NONE	$20K	—

Other service providers

Name	EIN	Location	Relation	Direct comp	Indirect comp
UBS FINANCIAL SERVICES	13-2638166	—	NONE	$43K	—
CLIFTON LARSON ALLEN LLP.	—	CHICAGO, IL

Investments

37 direct securities · 1 pooled fund· $39.2M(99% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Other securities

$38.8M

36 holdings

Common Collective Trust

$211K

1 holding

Participant loans

$160K

1 holding

					% of plan
American Funds American Balanced R6 American Funds 0	Other securities	—	—	$8.1M	20.4%
T. Rowe Price Spect Mod Grw Alloc I T. Rowe Price 0	Other securities	—	—	$3.0M	7.7%
American Funds Trgt Date Ret 2045 R6 American Funds 0	Other securities	—	—	$2.7M	6.9%
JPMorgan Large Cap Growth R6 JP Morgan 0	Other securities	—	—	$2.3M	5.9%
American Funds Trgt Date Ret 2030 R6 American Funds 0	Other securities	—	—	$2.2M	5.5%
Vanguard 500 Index Adm Vanguard 0	Other securities	—	—	$2.1M	5.3%
Loomis Sayles Global Allocation N Loomis Sayles 0	Other securities	—	—	$1.9M	4.8%
Vanguard Wellesley Income Adm Vanguard 0	Other securities	—	—	$1.7M	4.4%
Vanguard Equity Income Adm Vanguard 0	Other securities	—	—	$1.7M	4.3%
American Funds Trgt Date Ret 2050 R6 American Funds 0	Other securities	—	—	$1.7M	4.3%
Federated Hermes Mdt Mid Cp Gr R6 Federated 0	Other securities	—	—	$1.7M	4.3%
Franklin Small Cap Growth Fund R6 Franklin 0	Other securities	—	—	$1.2M	2.9%
American Funds Trgt Date Ret 2055 R6 American Funds 0	Other securities	—	—	$1.1M	2.8%
JHancock III Disc Val Mid Cap R6 John Hancock 0	Other securities	—	—	$1.1M	2.7%
American Funds Trgt Date Ret 2040 R6 American Funds 0	Other securities	—	—	$933K	2.4%
American Funds Trgt Date Ret 2020 R6 American Funds 0	Other securities	—	—	$659K	1.7%
American Funds Trgt Date Ret 2035 R6 American Funds 0	Other securities	—	—	$567K	1.4%
DFA U.S. Targeted Value Portfolio I DFA 0	Other securities	—	—	$453K	1.1%
MFS International Intrinsic Value R6 MFS 0	Other securities	—	—	$451K	1.1%
Vanguard Small-Cap Index Adm Vanguard 0	Other securities	—	—	$418K	1.1%
American Funds Trgt Date Ret 2025 R6 American Funds 0	Other securities	—	—	$376K	1.0%
American Funds New World R6 American Funds 0	Other securities	—	—	$340K	0.9%
American Funds Trgt Date Ret 2060 R6 American Funds 0	Other securities	—	—	$335K	0.8%
Vanguard Information Tech Index Adm Vanguard 0	Other securities	—	—	$329K	0.8%
BlackRock High Yield Portfolio K BlackRock 0	Other securities	—	—	$323K	0.8%
TCW MetWest Total Return Bond Plan TCW MetWest 0	Other securities	—	—	$222K	0.6%
PUTNAM STABLE VALUE 25BPS PUTNAM STABLE VALUE FUNDS · EIN 04-3159710 / PN 202	Common Collective Trust	—	—	$211K	0.5%
MFS International Diversification R6 MFS 0	Other securities	—	—	$194K	0.5%
Vanguard Health Care Adm Vanguard 0	Other securities	—	—	$167K	0.4%
Various Rates and Maturities Participant's Loan Account 0	Participant loans	—	—	$160K	0.4%
Vanguard Mid Cap Index Adm Vanguard 0	Other securities	—	—	$143K	0.4%
MFS International Growth R6 MFS 0	Other securities	—	—	$137K	0.3%
American Funds Trgt Date Ret 2065 R6 American Funds 0	Other securities	—	—	$133K	0.3%
American Funds Trgt Date Ret 2010 R6 American Funds 0	Other securities	—	—	$51K	0.1%
DFA Inflation-Protected Sec Port I DFA 0	Other securities	—	—	$46K	0.1%
American Funds Trgt Date Ret 2015 R6 American Funds 0	Other securities	—	—	$24K	<0.1%
Voya Global Bond R6 Voya 0	Other securities	—	—	$21K	<0.1%
Vanguard Real Estate Index Adm Vanguard 0	Other securities	—	—	$19K	<0.1%