401(k) · DOL Form 5500 · 2024

1st Source Corporation 401(k) Plan

Data updated 2026-08-25

$268M
Total assets Near avg plan size
1,168
Participants Near avg headcount
95th
Percentile by assets National rank
$229,448
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

$268M in assets, 1,168 participants

1st Source Corporation's 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan reported $268M in total assets and 1,168 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #977 in Management of Enterprises (1,133 peers)

Coverage in Indiana

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan covers 1,168 participants in Indiana, 2.2x the typical Indiana plan (state average ~541 per filing). Assets: $268M.

#977
in Management of Enterprises (1,133 peers)
+12.9%
assets growth YoY
2.7×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$267,994,889 Top 5% higher than 95% of 123,620 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 2024

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

Plan-year 2024 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 (1,168 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan reported net income rose from $20M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan end-of-year assets rose from $237M in the plan year 2023 filing to $268M in the plan year 2024 filing.
  • 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan reported participants rose from 1,116 in the plan year 2023 filing to 1,168 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 351068133 · 1st Source Corporation PY 2024 · 401(k)

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan · $268M · 1,168 · 95th

  • BOY $268M
  • SCH 1,168
  • EBSA 95th
  • PART 401(k)
  • TYPE near Shintech Incorporated Savings Plan
  • NET ind #977

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

Cha Consulting, Inc. Retirement Investment PlanCha Consulting, Inc. Retirem…$268MFirst Busey Corporation Profit Sharing Plan and TrustFirst Busey Corporation Prof…$268MShintech Incorporated Savings PlanShintech Incorporated Saving…$268M1st Source Corporation Employee Stock Ownership and Profit Sharing Plan1st Source Corporation Emplo…$268MKci Technologies, Inc 401(k) PlanKci Technologies, Inc 401(k)…$268M
End-of-year total assets ($M) among 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$237M
Net Assets (End of Year)$268M
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 -5051015 Total assets ($B) Participants 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan, Total assets ($B): 0.267994889 · Participants: 11681st Source Corporation Employee Stock Ownership and Profit Sharing PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel 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

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 Shintech Incorporated Savings Plan in TX ($268M); by covered participants it is Billy Graham Evangelistic Association 401(k) Retirement Plan in NC (1,168 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($268M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,168 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
1st Source Corporation Employee Stock Ownership and Profit Sharing Plan grew at a solid clip - up 12.9% during 2024, from $237M to $268M. 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 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Shintech Incorporated Savings Plan in TX ($268M, 998 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 Billy Graham Evangelistic Association 401(k) Retirement Plan in NC (1,168 participants, $78M in assets).