401(k) · DOL Form 5500 · 2023

First Internet Bank of Indiana 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
319
Participants Below avg headcount
79th
Percentile by assets National rank
$92,569
Avg per participant Below avg balance/head
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Official DOL plan name: First Internet Bank of Indiana Employee Retirement Savings Plan · Sponsored by First Internet Bank of Indiana · Indiana · Finance & Insurance

$30M in assets, 319 participants

First Internet Bank of Indiana's First Internet Bank of Indiana Employee Retirement Savings Plan reported $30M in total assets and 319 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,015 in Finance & Insurance (8,869 peers)

Where First Internet Bank of Indiana Employee Retirement Savings Plan sits by assets

First Internet Bank of Indiana Employee Retirement Savings Plan sits in the top quartile of all filed plans by assets, $30M for 319 participants (~$92,569/participant), up 8.1% in 2023.

#6,015
in Finance & Insurance (8,869 peers)
+8.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First Internet Bank of Indiana Employee Retirement Savings Plan's outsized position by total assets

First Internet Bank of Indiana Employee Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$29,529,395 Top 21% higher than 79% of 127,068 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 2023

First Internet Bank of Indiana Employee Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Internet Bank of Indiana Employee Retirement Savings Plan sits mid-pack in the medium band (319 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Internet Bank of Indiana Employee Retirement Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First Internet Bank of Indiana Employee Retirement Savings Plan reported participants rose from 286 in the plan year 2022 filing to 319 in the plan year 2023 filing.
  • First Internet Bank of Indiana Employee Retirement Savings Plan end-of-year assets rose from $27M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 352029944 · First Internet Bank of Indiana PY 2023 · 401(k)

First Internet Bank of Indiana Employee Retirement Savings Plan · $30M · 319 · 79th

  • PHOTO $30M
  • IND 319
  • EOY 79th
  • 5500 401(k)
  • ASSETS near Biorigin Specialty Products 401(k) Plan
  • PCT ind #6015

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 Internet Bank of Indiana Employee Retirement Savings Plan in the asset neighbourhood

First Internet Bank of Indiana Employee Retirement Savings PlanFirst Internet Bank of India…$30MBiorigin Specialty Products 401(k) PlanBiorigin Specialty Products …$30MThe C.W. Zumbiel Company 401(k) Savings & Profit Sharing PlanThe C.W. Zumbiel Company 401…$30MAlation, Inc. Retirement TrustAlation, Inc. Retirement Tru…$30MProject Consulting Services, Inc. 401(k) PlanProject Consulting Services,…$30M
End-of-year total assets ($M) among First Internet Bank of Indiana Employee Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$30M
Net Income$2M
Employer EIN352029944
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Internet Bank of Indiana)

Sponsor-wide plan assets over time

All First Internet Bank of Indiana plans reported in each filing year

Latest sponsor-wide plan assets
$37M 34.50213242202528% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.3M $36.7M ▲ +34.5%
Year Plans Participants Total Assets
2022 1 286 $27M
2023 1 319 $30M
2024 1 291 $37M

Nearby 401(k) Plans in Indiana

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

First Internet Bank of Indiana Employee Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants First Internet Bank of Indiana Employee Retirement Savings Plan, Total assets ($B): 0.029529395 · Participants: 319First Internet Bank of Indiana Employee Retirement Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
First Internet Bank of Indiana Employee Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare First Internet Bank of Indiana Employee Retirement Savings Plan side-by-side with 3 peers →

First Internet Bank of Indiana Employee Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Biorigin Specialty Products 401(k) Plan in GA ($30M); by covered participants it is Capital Cardiology Associates, PC Profit Sharing 401(k) Plan in NY (319 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (319 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Internet Bank of Indiana Employee Retirement Savings Plan assets move in 2023? ▼
First Internet Bank of Indiana Employee Retirement Savings Plan grew at a solid clip - up 8.1% during 2023, from $27M to $30M. Reported net income was $2M.
How have First Internet Bank of Indiana plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Internet Bank of Indiana's sponsor-wide assets grew 34.5%, from $27M to $37M.
Where does First Internet Bank of Indiana Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
First Internet Bank of Indiana Employee Retirement Savings Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First Internet Bank of Indiana Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Biorigin Specialty Products 401(k) Plan in GA ($30M, 222 participants).
Which 401(k) plans cover a similar participant headcount to First Internet Bank of Indiana Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Capital Cardiology Associates, PC Profit Sharing 401(k) Plan in NY (319 participants, $71M in assets).

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 352029944.

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.