401(k) · DOL Form 5500 · 2022

1st Source Corporation 401(k) Plan

Data updated 2026-08-11

$218M
Total assets
1,108
Participants
96th
Percentile by assets
$196,535
Avg per participant
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Official DOL plan name: 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan · Sponsored by 1st Source Corporation · Indiana · Management of Enterprises

$218M in assets, 1,108 participants

1st Source Corporation's 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan reported $218M in total assets and 1,108 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 139,126 plans)
  • #1,020 in Management of Enterprises (1,193 peers)

Coverage in Indiana

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan covers 1,108 participants in Indiana, 2.0x the typical Indiana plan (state average ~541 per filing). Assets: $218M.

$218M
total plan assets (2022 EOY)
1,108
covered participants
96th
percentile by assets (of 139,126 plans)
$196,535
avg assets per participant

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan sits by total assets

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$217,760,458 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan reports 1,108 participants - 2.0x that state average ($218M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$248M
Net Assets (End of Year)$218M
Net Income-$30M
Employer EIN351068133
Plan Effective Date1971-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (1st Source Corporation)

$200M$220M$240M$260M$280M 202220232024 $218M $268M ▲ +23.1%
Total plan assets by year, all 1st Source Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,108 $218M
2023 1 1,116 $237M
2024 1 1,168 $268M

Nearby 401(k) Plans in Indiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants 1st Source Corporati…Elevance Health 401(…The Lilly Employee 4…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
1st Source Corporation Employee Stock Ownership and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan assets move in 2022?
1st Source Corporation Employee Stock Ownership and Profit Sharing Plan pulled back noticeably - down 12.1% during 2022, from $248M to $218M. Reported net income was -$30M.
How have 1st Source Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), 1st Source Corporation's sponsor-wide assets grew 23.1%, from $218M to $268M.
Where does 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan rank by assets among Form 5500 filers?
1st Source Corporation Employee Stock Ownership and Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Hutchinson Technology Incorporated 401(k) Plan in MN ($218M, 495 participants).

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Filing takeaways

Ways to act on 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan's numbers.