401(k) · DOL Form 5500 · 2022

First Berne Financial Corp 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
114
Participants Small participant base
81st
Percentile by assets National rank
$234,081
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Berne Employee Stock Ownership and 401(k) Plan · Sponsored by First Berne Financial Corp · Indiana · Finance & Insurance

$27M in assets, 114 participants

First Berne Financial Corp's First Berne Employee Stock Ownership and 401(k) Plan reported $27M in total assets and 114 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,474 in Finance & Insurance (9,261 peers)

Coverage in Indiana

First Berne Employee Stock Ownership and 401(k) Plan covers 114 participants in Indiana, about 21% of the average Indiana filer (state average ~541 per filing). Assets: $27M.

#6,474
in Finance & Insurance (9,261 peers)
-8.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Berne Employee Stock Ownership and 401(k) Plan's outsized position by total assets

First Berne Employee Stock Ownership and 401(k) Plan vs every filed plan by assets

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

$26,685,214 Top 19% higher than 81% 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

First Berne Employee Stock Ownership and 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Berne Employee Stock Ownership and 401(k) Plan sits mid-pack in the medium band (114 participants).

Published 5500 schedule card

Filing strip 351625680 · First Berne Financial Corp PY 2022 · 401(k)

First Berne Employee Stock Ownership and 401(k) Plan · $27M · 114 · 81st

  • IND $27M
  • IND 114
  • IND 81st
  • IND 401(k)
  • IND near Morris Bank 401(k) and Employee Stock Ownership Plan
  • IND ind #6474

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 Finance & Insurance retirement plans → · Plans in Indiana →

First Berne Employee Stock Ownership and 401(k) Plan in the asset neighbourhood

First Berne Employee Stock Ownership and 401(k) PlanFirst Berne Employee Stock O…$27MMedhq, LLC 401(k) Plan$27MThe Bazooka 401(k) Savings and Investment PlanThe Bazooka 401(k) Savings a…$27MMorris Bank 401(k) and Employee Stock Ownership PlanMorris Bank 401(k) and Emplo…$27MFamily Care Specialists Medical Corporation Retirement PlanFamily Care Specialists Medi…$27M
End-of-year total assets ($M) among First Berne Employee Stock Ownership and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$24M
Net Income-$2M
Employer EIN351625680
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Berne Financial Corp)

Sponsor-wide plan assets over time

All First Berne Financial Corp plans reported in each filing year

Latest sponsor-wide plan assets
$32M 18.321693054438313% vs 2022
2024 filing year
$26M$28M$30M$32M$34M 202220232024 $26.7M $31.6M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 114 $27M
2023 1 118 $27M
2024 1 112 $32M

Nearby 401(k) Plans in Indiana

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

First Berne Employee Stock Ownership and 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants First Berne Employee Stock Ownership and 401(k) Plan, Total assets ($B): 0.026685214 · Participants: 114First Berne Employee Stock Ownership and 401(k) 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
First Berne Employee Stock Ownership and 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare First Berne Employee Stock Ownership and 401(k) Plan side-by-side with 3 peers →

First Berne Employee Stock Ownership and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Morris Bank 401(k) and Employee Stock Ownership Plan in GA ($27M); by covered participants it is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 First Berne Employee Stock Ownership and 401(k) Plan assets move in 2022? ▼
First Berne Employee Stock Ownership and 401(k) Plan pulled back noticeably - down 8.2% during 2022, from $29M to $27M. Reported net income was -$2M.
How have First Berne Financial Corp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Berne Financial Corp's sponsor-wide assets grew 18.3%, from $27M to $32M.
Where does First Berne Employee Stock Ownership and 401(k) Plan rank by assets among Form 5500 filers? ▼
First Berne Employee Stock Ownership and 401(k) Plan ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First Berne Employee Stock Ownership and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Morris Bank 401(k) and Employee Stock Ownership Plan in GA ($27M, 189 participants).
Which 401(k) plans cover a similar participant headcount to First Berne Employee Stock Ownership and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants, $288K 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 351625680.

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.