401(k) · DOL Form 5500 · 2023

First Busey Corporation 401(k) Plan

Data updated 2026-08-11

$248M
Total assets: 1,579
Participants: 96th
Percentile by assets: $156,794
Avg per participant

Official DOL plan name: First Busey Corporation Profit Sharing Plan and Trust · Sponsored by First Busey Corporation · Illinois · Finance & Insurance

$248M in assets, 1,579 participants

First Busey Corporation's First Busey Corporation Profit Sharing Plan and Trust reported $248M in total assets and 1,579 participants in its 2023 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 127,072 plans)
#8,219 in Finance & Insurance (8,869 peers)

Coverage in Illinois

First Busey Corporation Profit Sharing Plan and Trust covers 1,579 participants in Illinois, 2.0x the typical Illinois plan (state average ~779 per filing). Assets: $248M.

$248M
total plan assets (2023 EOY): 1,579
covered participants: 96th
percentile by assets (of 127,072 plans): $156,794
avg assets per participant

First Busey Corporation Profit Sharing Plan and Trust reported net income rose from -$41M in the plan year 2022 filing to $32M in the plan year 2023 filing.
First Busey Corporation Profit Sharing Plan and Trust end-of-year assets rose from $215M in the plan year 2022 filing to $248M in the plan year 2023 filing.
First Busey Corporation Profit Sharing Plan and Trust reported participants rose from 1,512 in the plan year 2022 filing to 1,579 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Finance & Insurance

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. First Busey Corporation Profit Sharing Plan and Trust reports 1,579 participants - 2.0x that state average ($248M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$215M
Net Assets (End of Year)	$248M
Net Income	$32M
Employer EIN	371078406
Plan Effective Date	1984-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (First Busey Corporation)

Total plan assets by year, all First Busey Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	1,512	$215M
2023	1	1,579	$248M
2024	1	1,497	$268M

Nearby 401(k) Plans in Illinois

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

First Busey Corporation Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare First Busey Corporation Profit Sharing P… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First Busey Corporation Profit Sharing Plan and Trust by total assets, not by location.

Carl Zeiss Meditec, Inc. Retirement and Investment Plan (CA) $248M · 1,124
Mto 401(k) Profit Sharing Plan (CA) $248M · 474
Tkc Holdings, Inc. Retirement Plan (MO) $247M · 4,773
Cretex Companies, Inc. 401(k) Profit Sharing Plan (MN) $248M · 2,359

Frequently Asked Questions

How did First Busey Corporation Profit Sharing Plan and Trust assets move in 2023? ▼

First Busey Corporation Profit Sharing Plan and Trust grew sharply - up 15.1% during 2023, from $215M to $248M. Reported net income was $32M.

How have First Busey Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), First Busey Corporation's sponsor-wide assets grew 24.7%, from $215M to $268M.

Where does First Busey Corporation Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

First Busey Corporation Profit Sharing Plan and Trust ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to First Busey Corporation Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is Carl Zeiss Meditec, Inc. Retirement and Investment Plan in CA ($248M, 1,124 participants).

Next read for First Busey Corporation Profit Sharing P…

Filing takeaways

Ways to act on First Busey Corporation Profit Sharing Plan and Trust's numbers.

By total assets, First Busey Corporation Profit Sharing Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
First Busey Corporation's sponsor-wide assets have grown 24.7% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371078406.