1st Source Corporation Employee Stock Ownership And Profit Sharing Plan — Form 5500 plan (1st Source Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, 1st Source Corporation Employee Stock Ownership And Profit Sharing Plan is a benefit plan reported by 1st Source Corporation under EIN 35-1068133 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,454 participants and $237,470,064 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
1st Source Corporation
EIN
35-1068133
Plan number
003
Plan type
2
Location
South Bend, IN
Latest filing year
2023
Participants
1,454
End-of-year plan assets
$237,470,064

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,454H, C20240722074856NAL0015923040001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$237,470,064
Total liabilities (EOY)
$0
Net assets (EOY)
$237,470,064
Net assets (BOY)
$217,725,388

Income & contributions

Employer contributions
$5,599,301
Participant contributions
$6,992,945
Total contributions
$14,071,467
Total income / additions
$46,400,263

Expenses & distributions

Benefits paid
$26,473,992
Administrative expenses
$181,595
Total expenses
$26,655,587
Net increase / (decrease)
$19,744,676

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Futureplan By AscensusTPA$159,845not reported in the loaded dataset2023

Related Form 5500 pages