Horizon Bancorp Employees' Thrift Plan — Form 5500 plan (Horizon Bancorp)

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, Horizon Bancorp Employees' Thrift Plan is a benefit plan reported by Horizon Bancorp under EIN 35-1562417 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,083 participants and $59,285,011 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Horizon Bancorp
EIN
35-1562417
Plan number
001
Plan type
2
Location
Michigan City, IN
Latest filing year
2023
Participants
1,083
End-of-year plan assets
$59,285,011

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,083H, C20241014153941NAL0015227283001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$59,285,011
Total liabilities (EOY)
$0
Net assets (EOY)
$59,285,011
Net assets (BOY)
$53,412,411

Income & contributions

Employer contributions
$1,936,326
Participant contributions
$4,150,636
Total contributions
$6,989,563
Total income / additions
$13,422,426

Expenses & distributions

Benefits paid
$7,374,983
Administrative expenses
$163,582
Total expenses
$7,549,826
Net increase / (decrease)
$5,872,600

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$163,581$02023
Creative Planning, Inc.INVESTMENT ADVISORY$0$69,9882023

Related Form 5500 pages