Employers › Old National Bancorp
Recordkeeping fees per participant · The Old National Bancorp Employee Stock Ownership and Savings Plan · plan year 2024
$27.41
Higher than 23% of the 1,697 plans $250M to 1B that report it.
= $144,315 / 5,266
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009074237NAL0015457026001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009074237NAL0015457026001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.
Administrative expenses excluding investment management, per participant
$27.41
Higher than 14% of the 2,324 plans $250M to 1B that report it.
= $144,315 / 5,266
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009074237NAL0015457026001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009074237NAL0015457026001, received 2025-10-09
Administrative expenses per participant
$41.90
Higher than 16% of the 2,405 plans $250M to 1B that report it.
= $220,656 / 5,266
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009074237NAL0015457026001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009074237NAL0015457026001, received 2025-10-09
Administrative expenses as a share of assets
0.030%
Higher than 18% of the 2,407 plans $250M to 1B that report it.
= $220,656 / $733,108,364
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009074237NAL0015457026001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009074237NAL0015457026001, received 2025-10-09
Employer contributions per participant
$3,722
Higher than 60% of the 2,457 plans $250M to 1B that report it.
= $19,598,006 / 5,266
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009074237NAL0015457026001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009074237NAL0015457026001, received 2025-10-09
Employer share of total contributions
33.1%
Higher than 57% of the 2,459 plans $250M to 1B that report it.
= $19,598,006 / $59,190,612
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009074237NAL0015457026001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009074237NAL0015457026001, received 2025-10-09
Employer match
“All active participants receive a Company match of 100% of the first 5% contributed into the 401(k) Plan.”
Form 10-K filed 2026-02-19, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“All contributions vest immediately, and plan participants may elect to redirect funds among any of the investment options provided under the 401(k) Plan.”
Form 10-K filed 2026-02-19, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Automatic enrollment
“Subject to the conditions and limitations of the 401(k) Plan, new employees are automatically enrolled in the 401(k) Plan with an automatic deferral of 5% of eligible compensation, unless participation is changed or declined.”
Form 10-K filed 2026-02-19, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009074237NAL0015457026001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | OLD NATIONAL BANCORP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Plan name | THE OLD NATIONAL BANCORP EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Sponsor EIN / plan number | 35-1539838 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Sponsor location | EVANSVILLE, IN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Industry (business code) | 551111, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Participants, beginning of year | 5,264 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Active participants | 4,006 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Participants, end of year | 5,293 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Participants with an account balance | 5,266 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Total assets, beginning of year | $650,600,225 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Total assets, end of year | $733,108,364 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Net assets, end of year | $733,108,364 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Total income | $159,643,923 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Net income | $82,508,139 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Employer contributions | $19,598,006 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Participant contributions | $33,189,483 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $6,403,123 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Total contributions | $59,190,612 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Benefit payments | $76,889,165 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $77,135,784 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Total administrative expenses | $220,656 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Recordkeeping fees | $144,315 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Investment advisory and management fees | $76,341 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Administrative expenses excluding investment management | $144,315 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Held in common/collective trusts | $601,197,993 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Held in mutual funds | $40,798,125 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009074237NAL0015457026001, received 2025-10-09 |
| Independent auditor | HARDING, SHYMANSKI & COMPANY P.S.C | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009074237NAL0015457026001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009074237NAL0015457026001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $144,315 | no |
| EMPOWER ADVISORY GROUP, LLC | NONE | 26 Investment advisory (participants); 28 Investment management; 50 Direct payment from the plan | $76,341 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009074237NAL0015457026001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $650,600,225 | $733,108,364 | 12.7% |
| Participants with a balance | 5,204 | 5,266 | 1.2% |
| Administrative expenses | $209,443 | $220,656 | 5.4% |
| Recordkeeping fees per participant | $26.11 | $27.41 | 5.0% |
| Employer contributions | $18,044,048 | $19,598,006 | 8.6% |
Prior filing 20241009155527NAL0019575809001, received 2024-10-09; the plan years are contiguous.
Sponsor name as filed: OLD NATIONAL BANCORP; SEC registrant: OLD NATIONAL BANCORP /IN/ (CIK 707179, matched by EIN; display name from the Form 10-K cover).