401(k) · DOL Form 5500 · 2022

1st Source Corporation 401(k) Plan

Data updated 2026-08-25

$218M
Total assets Near avg plan size
1,108
Participants Near avg headcount
96th
Percentile by assets National rank
$196,535
Avg per participant Above avg balance/head
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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.

  • #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.

#1,020
in Management of Enterprises (1,193 peers)
-12.1%
assets change YoY
2.2×
vs typical plan assets (national mean)

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.

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan's outsized position 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 $2,050,000,000 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

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan lands in the large band (1,108 participants).

Plan-year Form 5500 strip

Filing strip 351068133 · 1st Source Corporation PY 2022 · 401(k)

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan · $218M · 1,108 · 96th

  • EBSA $218M
  • PART 1,108
  • TYPE 96th
  • NET 401(k)
  • BOOK near Hutchinson Technology Incorporated 401(k) Plan
  • VS-ST ind #1020

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Indiana →

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan in the asset neighbourhood

Pruitthealth, Inc. Employees 401(k) Plan and Hero FundPruitthealth, Inc. Employees…$218M1st Source Corporation Employee Stock Ownership and Profit Sharing Plan1st Source Corporation Emplo…$218MHutchinson Technology Incorporated 401(k) PlanHutchinson Technology Incorp…$218MThe Park National Corporation Employees Stock Ownership PlanThe Park National Corporatio…$217MArmanino LLP 401(k) Profit Sharing PlanArmanino LLP 401(k) Profit S…$217M
End-of-year total assets ($M) among 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All 1st Source Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$268M 23.068665202752285% vs 2022
2024 filing year
$200M$220M$240M$260M$280M 202220232024 $218M $268M ▲ +23.1%
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 Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan, Total assets ($B): 0.217760458 · Participants: 11081st Source Corporation Employee Stock Ownership and Profit Sharing PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
1st Source Corporation Employee Stock Ownership and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan side-by-side with 3 peers →

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Hutchinson Technology Incorporated 401(k) Plan in MN ($218M); by covered participants it is Coastal Sunbelt Produce Company 401(k) Retirement Plan in MD (1,108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,108 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Coastal Sunbelt Produce Company 401(k) Retirement Plan in MD (1,108 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 351068133.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.