Peoples Bank Sb 401(k) Plan: Login, Facts & Contact Information

Peoples Bank Sb 401(k) Plan Facts

Plan name
PEOPLES BANK EMPLOYEES SAVINGS & PROFIT SHARING PLAN AND TRUST
Plan type
401(k) and profit sharing
Plan sponsor
PEOPLES BANK
Participants
386 (290 active employees)
Former employees with a balance
107
Plan assets
$34,811,141 at Dec 31, 2024
Average account balance
$89,951 across 387 accounts
Employer contributions
$447,621 in plan year 2024 (24% of all contributions)
Recordkeeper
Empower Annuity Insurance Co Of Am
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1989
— 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 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.85 million went into the plan in contributions, $447,621 of it from the employer (24%).
  • $3.38 million was paid out to participants.
  • Investment and other income added $4.48 million.
  • Administrative expenses were $115,468, about $298 per account.

How the Peoples Bank Sb 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019295$29.8 million$703,263$1.91 million
2020284$33.9 million$909,353$1.84 million
2021318$40.4 million$423,824$1.86 million
2022282$34.0 million$478,794$1.79 million
2023313$32.0 million$466,369$6.43 million
2024386$34.8 million$447,621$3.38 million

Peoples Bank Sb 401(k) Contact Information

Phone
219-836-9690
Mailing address
9204 COLUMBIA AVENUE, MUNSTER IN 46321
Plan sponsor
PEOPLES BANK
Employer identification number (EIN)
35-0576197
Plan number
003

Questions about the Peoples Bank Sb 401(k)

Does Peoples Bank Sb contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $447,621 in employer contributions for plan year 2024.

Does the Peoples Bank Sb 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Peoples Bank Sb 401(k) plan?

386 participants at the start of plan year 2024, 290 of them active employees, and 107 former employees who still had money in the plan.

What is the average 401(k) balance at Peoples Bank Sb?

About $89,951 per account: $34.8 million in plan assets across 387 accounts with a balance at the end of plan year 2024.

Who manages the Peoples Bank Sb 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE CO OF AM) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Peoples Bank Sb. How do I access my 401(k)?

Your account stays with Empower 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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