401(k) · DOL Form 5500 · 2024

First Berne Financial Corp 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
112
Participants Small participant base
78th
Percentile by assets National rank
$281,914
Avg per participant High balance/head
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Official DOL plan name: First Berne Employee Stock Ownership and 401( K) Plan · Sponsored by First Berne Financial Corp · Indiana · Finance & Insurance

$32M in assets, 112 participants

First Berne Financial Corp's First Berne Employee Stock Ownership and 401( K) Plan reported $32M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,625 in Finance & Insurance (8,549 peers)

Coverage in Indiana

First Berne Employee Stock Ownership and 401( K) Plan covers 112 participants in Indiana, about 21% of the average Indiana filer (state average ~541 per filing). Assets: $32M.

#5,625
in Finance & Insurance (8,549 peers)
+15.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$31,574,397 Top 22% higher than 78% 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

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

Plan-year 2024 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 (112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Berne Employee Stock Ownership and 401( K) Plan reported net income rose from $925K in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • First Berne Employee Stock Ownership and 401( K) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • First Berne Employee Stock Ownership and 401( K) Plan reported participants fell from 118 in the plan year 2023 filing to 112 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 351625680 · First Berne Financial Corp PY 2024 · 401(k)

First Berne Employee Stock Ownership and 401( K) Plan · $32M · 112 · 78th

  • ASSETS $32M
  • ASSETS 112
  • ASSETS 78th
  • ASSETS 401(k)
  • ASSETS near Cribl 401(k) Plan
  • ASSETS ind #5625

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

Aero Centers 401(k) Profit Sharing PlanAero Centers 401(k) Profit S…$32MFirst Berne Employee Stock Ownership and 401( K) PlanFirst Berne Employee Stock O…$32MCribl 401(k) Plan$32MWorldwide Equipment Enterprises, Inc. Employees SavingsWorldwide Equipment Enterpri…$32MCas Severn, Inc. 401(k) Profit Sharing PlanCas Severn, Inc. 401(k) Prof…$32M
End-of-year total assets ($M) among First Berne Employee Stock Ownership and 401( K) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$29M
Net Income$4M
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 -5051015 Total assets ($B) Participants First Berne Employee Stock Ownership and 401( K) Plan, Total assets ($B): 0.031574397 · Participants: 112First Berne Employee Stock Ownership and 401( K) 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
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 Cribl 401(k) Plan in CA ($32M); by covered participants it is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (112 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 First Berne Employee Stock Ownership and 401( K) Plan assets move in 2024? ▼
First Berne Employee Stock Ownership and 401( K) Plan grew sharply - up 15.0% during 2024, from $27M to $32M. Reported net income was $4M.
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 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Cribl 401(k) Plan in CA ($32M, 476 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 Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.