Horizon Bancorp 401(k) Plan: Login, Facts & Contact Information

Horizon Bancorp 401(k) Plan Facts

Plan name
HORIZON BANCORP EMPLOYEES' THRIFT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HORIZON BANCORP
Participants
1,056 (817 active employees)
Former employees with a balance
209
Plan assets
$67,097,532 at Dec 31, 2024
Average account balance
$68,677 across 977 accounts
Employer contributions
$1,654,409 in plan year 2024 (23% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 10, 1963
✓ 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 Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.08 million went into the plan in contributions, $1.65 million of it from the employer (23%).
  • $6.59 million was paid out to participants.
  • Investment and other income added $7.53 million.
  • Administrative expenses were $166,114, about $170 per account.

How the Horizon Bancorp 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019955$44.2 million$1.27 million$3.94 million
2020982$48.6 million$1.41 million$4.03 million
2021980$60.7 million$1.54 million$4.49 million
20221,061$53.4 million$1.91 million$4.29 million
20231,083$59.3 million$1.94 million$7.37 million
20241,056$67.1 million$1.65 million$6.59 million

Horizon Bancorp 401(k) Contact Information

Phone
219-874-9363
Mailing address
515 FRANKLIN STREET, MICHIGAN CITY IN 463603328
Plan sponsor
HORIZON BANCORP
Employer identification number (EIN)
35-1562417
Plan number
001

Questions about the Horizon Bancorp 401(k)

Does Horizon Bancorp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.65 million, 23% of all contributions.

Does the Horizon Bancorp 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Horizon Bancorp 401(k) plan?

1,056 participants at the start of plan year 2024, 817 of them active employees, and 209 former employees who still had money in the plan.

What is the average 401(k) balance at Horizon Bancorp?

About $68,677 per account: $67.1 million in plan assets across 977 accounts with a balance at the end of plan year 2024.

Who manages the Horizon Bancorp 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Horizon Bancorp. How do I access my 401(k)?

Your account stays with Principal 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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