Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

First Merchants Corporation Retirement Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by First Merchants Corporation · Indiana · Finance & Insurance

What the 2023 filing shows

First Merchants Corporation Retirement Pension Plan holds $78M for 153 participants — about $506,758 per participant, down 18.0% over the 2022 plan year.

$78M
total plan assets (2022 EOY)
153
covered participants
$506,758
avg assets per participant
-18.0%
assets change YoY

The plan reported a net loss of $17M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$78M
Participants
153
State
Industry
Finance & Insurance

What the Filing Says About First Merchants Corporation Retirement Pension Plan

First Merchants Corporation Retirement Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by First Merchants Corporation, headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $78M in total end-of-year assets and covers 153 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 351544218, and the plan has been effective since 1946-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $95M at the beginning of 2022 to $78M at year-end — a decline of 18.0%. Net assets (after liabilities) closed the year at $78M, with reported net income of $-17,047,203 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$95M
Total Assets (End of Year)$78M
Net Assets (End of Year)$78M
Net Income$-17,047,203
Plan TypeDefined Benefit (Pension)
Employer EIN351544218
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Merchants Corporation)

Year Plans Participants Total Assets
2022 2 2,310 $282M
2023 2 2,268 $321M
2024 2 2,340 $341M

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Frequently Asked Questions

How much money is in the First Merchants Corporation Retirement Pension Plan?
As of the 2022 Form 5500 filing, First Merchants Corporation Retirement Pension Plan holds $78M in total assets with 153 participants. It is sponsored by First Merchants Corporation.
What type of plan is First Merchants Corporation Retirement Pension Plan?
First Merchants Corporation Retirement Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1946-01-01. The plan is filed with the U.S. Department of Labor under EIN 351544218.
Who sponsors the First Merchants Corporation Retirement Pension Plan?
First Merchants Corporation Retirement Pension Plan is sponsored by First Merchants Corporation, located in Indiana. The sponsor's EIN is 351544218 and the plan operates in the Finance & Insurance industry.
How did First Merchants Corporation Retirement Pension Plan perform in 2022?
First Merchants Corporation Retirement Pension Plan declined by 18.0% during 2022, moving from $95M to $78M in total assets. Net income was $-17,047,203.
Where can I find official filings for First Merchants Corporation Retirement Pension Plan?
Official Form 5500 filings for First Merchants Corporation Retirement Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351544218 or plan name at efast.dol.gov.
How does First Merchants Corporation Retirement Pension Plan compare to other plans?
You can compare First Merchants Corporation Retirement Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 351544218.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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