Department of Labor filing

FARMERS & MERCHANTS BANK OF LONG BEACH

FARMERS & MERCHANTS BANK OF LONG BEACH PROFIT SHARING AND 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Aug 4, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

76filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$8,665

Reported employer contributions per active participant.

Higher than about 98% of comparable plans

#People in the filing

895

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$170 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 25% of comparable plans

↗Investment performance

Not available

Plan assets changed 14.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202476out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $3,392 · based on 369 comparable plans

Lower reported administrative expense25th percentileTypical peer $115 · based on 372 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, FARMERS & MERCHANTS BANK OF LONG BEACH reported $7,754,977 in employer contributions across the plan and 895 active participants. That works out to $8,665 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 22.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 6.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context76/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $7,754,977
Participant contributions: $3,748,787
Other contributions: $936,970
Employer share of reported contributions: 67.4%
Beginning assets: $152,993,378
Ending assets: $174,470,091
Ending net assets: $174,470,091
Ending liabilities: $0
Total income: $32,213,768
Total expenses: $10,737,055
Administrative expenses: $175,944
Participant loans: $3,885,913

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$11,221

2023

$12,253

2024

$8,665

Plan-paid administrative expenses per participant

2022

$159

2023

$166

2024

$170

Active participants

2022

862

2023

874

2024

895

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$8,665	895	174.5M	20250804092520NAL0000656723001
2023	$12,253	874	153M	20240823180329NAL0003313491001
2022	$11,221	862	126M	20230901192709NAL0009238945001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 950726412-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1953
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
AMERICAN CENTURY	2024	Not reported	unknown
AMERICAN FUNDS	2024	Not reported	unknown
COLUMBIA FINANCIAL	2024	Not reported	unknown
DODGE AND COX	2024	Not reported	unknown
JP MORGAN	2024	Not reported	unknown
METROPOLITAN WEST	2024	Not reported	unknown
VANGUARD MARKETING CORP	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250804092520NAL0000656723001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗