First Merchants Corporation 401(k) Plan: Login, Facts & Contact Information

First Merchants Corporation 401(k) Plan Facts

Plan name
FIRST MERCHANTS CORPORATION RETIREMENT INCOME AND SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FIRST MERCHANTS CORPORATION
Participants
2,854 (2,056 active employees)
Former employees with a balance
584
Plan assets
$260,904,766 at Dec 31, 2024
Average account balance
$96,703 across 2,698 accounts
Employer contributions
$7,055,296 in plan year 2024 (31% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1991
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jun 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $22.8 million went into the plan in contributions, $7.06 million of it from the employer (31%).
  • $32.7 million was paid out to participants.
  • Investment and other income added $32.3 million.
  • Administrative expenses were $166,283, about $62 per account.

How the First Merchants Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,495$185.1 million$4.53 million$9.95 million
20202,479$203.5 million$5.07 million$19.7 million
20212,525$231.1 million$5.17 million$18.5 million
20222,720$204.7 million$6.52 million$18.3 million
20232,772$238.9 million$7.05 million$22.4 million
20242,854$260.9 million$7.06 million$32.7 million

First Merchants Corporation 401(k) Contact Information

Phone
734-751-8483
Mailing address
200 EAST JACKSON STREET, MUNCIE IN 473052814
Plan sponsor
FIRST MERCHANTS CORPORATION
Employer identification number (EIN)
35-1544218
Plan number
002

Questions about the First Merchants Corporation 401(k)

Does First Merchants Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $7.06 million, 31% of all contributions.

Does the First Merchants Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the First Merchants Corporation 401(k) plan?

2,854 participants at the start of plan year 2024, 2,056 of them active employees, and 584 former employees who still had money in the plan.

What is the average 401(k) balance at First Merchants Corporation?

About $96,703 per account: $260.9 million in plan assets across 2,698 accounts with a balance at the end of plan year 2024.

Who manages the First Merchants Corporation 401(k) accounts?

FIRST MERCHANTS PRIVATE WEALTH ADV. is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at First Merchants Corporation. How do I access my 401(k)?

Your account stays with FIRST MERCHANTS PRIVATE WEALTH ADV. after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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