First Internet Bank Of Indiana Employee Retirement Savings Plan — Form 5500 plan (First Internet Bank Of Indiana)
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, First Internet Bank Of Indiana Employee Retirement Savings Plan is a benefit plan reported by First Internet Bank Of Indiana under EIN 35-2029944 and plan number 001. The latest loaded filing year is 2023. The filing reports 452 participants and $29,529,395 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Internet Bank Of Indiana
- EIN
- 35-2029944
- Plan number
- 001
- Plan type
- 2
- Location
- Fishers, IN
- Latest filing year
- 2023
- Participants
- 452
- End-of-year plan assets
- $29,529,395
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 452 | H, C | 20241009141826NAL0018517457001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,529,395
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,529,395
- Net assets (BOY)
- $27,305,805
Income & contributions
- Employer contributions
- $1,005,358
- Participant contributions
- $2,468,507
- Total contributions
- $3,976,192
- Total income / additions
- $8,693,723
Expenses & distributions
- Benefits paid
- $6,417,508
- Administrative expenses
- $52,625
- Total expenses
- $6,470,133
- Net increase / (decrease)
- $2,223,590
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $52,625 | $0 | 2023 |