First Midwest Bancorp, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2022, when $238.8 million was transferred out of the plan. Assets moved to the THE OLD NATIONAL BANCORP EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN (sponsored by OLD NATIONAL BANCORP). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the THE OLD NATIONAL BANCORP EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN →First Midwest Bancorp, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2022 filing.
First Midwest Bancorp, Inc. 401(k) Plan Facts (plan year 2022)
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Oct 17, 2022), filed Aug 15, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $18.7 million went into the plan in contributions, $5.57 million of it from the employer (30%).
- $31.3 million was paid out to participants.
How the First Midwest Bancorp, Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 2,276 | $201.1 million | $7.43 million | $20.8 million |
| 2018 | 2,457 | $194.8 million | $7.76 million | $20.9 million |
| 2019 | 2,576 | $245.9 million | $8.38 million | $14.8 million |
| 2020 | 2,704 | $279.5 million | $9.77 million | $22.1 million |
| 2021 | 2,716 | $314.6 million | $9.69 million | $38.1 million |
| 2022 (final) | 2,579 | $0 | $5.57 million | $31.3 million |
First Midwest Bancorp, Inc. 401(k) Contact Information
Questions about the First Midwest Bancorp, Inc. 401(k)
Is the First Midwest Bancorp, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the THE OLD NATIONAL BANCORP EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN.
Does First Midwest Bancorp, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $5.57 million, 30% of all contributions.
Does the First Midwest Bancorp, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the First Midwest Bancorp, Inc 401(k) plan?
2,579 participants at the start of plan year 2022.
Who manages the First Midwest Bancorp, Inc 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.