2023 Form 5500 filing — 1st Source Corporation Employee Stock Ownership And Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240722074856NAL0015923040001) for 1st Source Corporation Employee Stock Ownership And Profit Sharing Plan, reported by 1st Source Corporation under EIN 35-1068133 and plan number 003. It reports 1,454 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240722074856NAL0015923040001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- 1st Source Corporation
- EIN
- 35-1068133
- Plan number
- 003
- Location
- South Bend, IN
- Participants
- 1,454
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $237,470,064
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $237,470,064
- Employer contributions
- $5,599,301
- Participant contributions
- $6,992,945
- Total income / additions
- $46,400,263
- Benefits paid
- $26,473,992
- Administrative expenses
- $181,595
- Total expenses
- $26,655,587
- Net increase / (decrease)
- $19,744,676
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Futureplan By Ascensus | TPA | $159,845 | not reported in the loaded dataset |