Horizon Bancorp 401(k) match, vesting and fees
What Horizon Bancorp's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Kruggel Lawton & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 46 defined-contribution plans in management of companies and enterprises with 1,000 to 4,999 participants.
| Horizon Bancorp: employer contribution per participant | $2,078 | |
| Peer median | $2,622 |
| Horizon Bancorp: average balance | $78,037 | |
| Peer median | $114,810 |
| Horizon Bancorp: admin expenses ÷ assets | 0.29% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $60.7M at the end of plan year 2021 to $78.3M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,048 | $78.3M | $2.1M | $2,078 | 0.29% | Not published | Form 5500 ↗ |
| 2024 | 1,027 | $67.1M | $1.7M | $1,693 | 0.26% | Not published | Form 5500 ↗ |
| 2023 | 1,032 | $59.3M | $1.9M | $1,996 | 0.29% | Not published | Form 5500 ↗ |
| 2022 | 1,056 | $53.4M | $1.9M | $1,943 | 0.34% | Not published | Form 5500 ↗ |
| 2021 | 1,040 | $60.7M | $1.5M | $1,774 | 0.36% | Not published | Form 5500 ↗ |
Other Horizon Bancorp plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Horizon Bancorp Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Kruggel, Lawton & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Horizon Bancorp match 401(k) contributions?
The match terms for the Horizon Bancorp Employees' Thrift Plan have not been published from its filing yet. The plan year 2025 filing reports $2.1M in employer contributions, about $2,078 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Horizon Bancorp 401(k) match vested?
The vesting schedule for the Horizon Bancorp Employees' Thrift Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Horizon Bancorp 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Horizon Bancorp.
I left Horizon Bancorp. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Horizon Bancorp, (219) 874-9363) or the recordkeeper, Principal Life Insurance Company. The Horizon Bancorp old 401(k) page lists the contacts from every plan filing. Find an old Horizon Bancorp 401(k)
Data from the public Form 5500 annual reports Horizon Bancorp filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Horizon Bancorp. Not financial advice. Report a correction · Methodology