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First Merchants 401(k) retirement plan: the investment options
Does your 401(k) vote the way you would? Vanguard 500 Index Fund is the largest fund in the First Merchants plan that publishes its votes. Answer 3 of its ballots from this season, then see your result.
The question on the ballot
As filed
First Merchants 401(k) match and balances, from the filing
- Company money in
- about $3,430 per active participant
- $7m in plan year 2024
- Employees saved
- about $6,430 each
- $13m in plan year 2024
- Average balance
- $96,700
- 2,698 people with a balance
- In the plan
- $261m
- at the end of plan year 2024
Company money is the match plus any other employer contributions, averaged over all 2,056 active participants, including anyone who did not contribute. The filing reports dollars, not the match formula; the plan’s summary plan description states the formula.
SourceThe plan’s annual report to the Department of Labor — Form 5500, Schedule H, plan year 2024 · filed by FIRST MERCHANTS CORPORATION as “FIRST MERCHANTS CORPORATION RETIREMENT INCOME AND SAVINGS PLAN” · EIN 351544218, plan number 002 · search the filings
These are the funds in the First Merchants retirement plan whose voting records we can trace, taken from the plan’s own annual filing. The figures show what each one did with shareholder proposals.
SourceThe fund menu is the list of investments in First Merchants’s own annual retirement-plan filing · open the filing
| Fund | Climate | Workers | Pay equity | Exec pay backed |
|---|---|---|---|---|
| Vanguard 500 Index Fund listed as “Vanguard 500 Index Fund” | 0 of 66 | 0 of 20 | 0 of 6 | 98.1% |
| Vanguard Target Retirement 2030 Fund listed as “Vanguard Target Retirement 2030 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Fidelity Contrafund listed as “Fidelity Contrafund Fund” | 5 of 45 | 2 of 19 | 1 of 1 | 96% |
| Vanguard Target Retirement 2035 Fund listed as “Vanguard Target Retirement 2035 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Target Retirement 2040 Fund listed as “Vanguard Target Retirement 2040 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Target Retirement 2045 Fund listed as “Vanguard Target Retirement 2045 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Target Retirement 2050 Fund listed as “Vanguard Target Retirement 2050 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Windsor II Fund listed as “Vanguard Windsor II Fund” | 0 of 30 | 0 of 10 | 0 of 3 | 96.9% |
| Vanguard Target Retirement 2055 Fund listed as “Vanguard Target Retirement 2055 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Target Retirement 2025 Fund listed as “Vanguard Target Retirement 2025 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Morningstar Mid-Cap Index Fund listed as “Vanguard Mid Cap Index Fund” | 0 of 13 | 0 of 3 | 0 of 2 | 97.6% |
| T. Rowe Price Dividend Growth Fund, Inc. listed as “T Rowe Price Dividend Growth Fund” | 1 of 25 | 0 of 6 | 0 of 1 | 100% |
| Vanguard Target Retirement 2060 Fund listed as “Vanguard Target Retirement 2060 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Morningstar Small-Cap Index Fund listed as “Vanguard Small Cap Index Fund” | 0 of 17 | 0 of 2 | 0 of 3 | 96.6% |
| Vanguard Selected Value Fund listed as “Vanguard Selected Value Fund” | 0 of 2 | 0 of 1 | 0 of 1 | 95.4% |
| Vanguard Morningstar Small-Cap Value Index Fund listed as “Vanguard Small Cap Value Index Fund” | 0 of 14 | 0 of 2 | 0 of 3 | 97.8% |
| MFS Mid Cap Growth Fund listed as “MFS Mid Cap Growth Fund” | 1 of 3 | — | — | 88.8% |
| Vanguard Target Retirement Income Fund listed as “Vanguard Target Retirement Income Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Morningstar Small-Cap Growth Index Fund listed as “Vanguard Small Cap Growth Fund” | 0 of 3 | — | — | 94.6% |
| Dodge & Cox International Stock Fund listed as “Dodge & Cox International Stock Fund” | 0 of 7 | 0 of 1 | 0 of 1 | 95.9% |
| Vanguard Target Retirement 2065 Fund listed as “Vanguard Target Retirement 2065 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard International Growth Fund listed as “Vanguard International Growth Fund” | 0 of 6 | 0 of 3 | — | 91.4% |
| Vanguard High Dividend Yield Index Fund listed as “Vanguard High Dividend Yield Index Fund” | 0 of 48 | 0 of 6 | 0 of 3 | 97.6% |
| Vanguard Target Retirement 2020 Fund listed as “Vanguard Target Retirement 2020 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
| Vanguard Emerging Markets Stock Index Fund listed as “Vanguard Emerging Markets Stock Index Fund” | — | — | — | 41.7% |
| Vanguard Total International Stock Index Fund listed as “Vanguard Total International Stock Index Fund” | 0 of 95 | 0 of 10 | 0 of 4 | 83.1% |
| Vanguard Real Estate II Index Fund listed as “Vanguard Real Estate Index Fund” | 0 of 1 | — | — | 95.6% |
| Fidelity International Small Cap Fund listed as “Fidelity International Small Cap Fund” | 0 of 6 | — | 0 of 1 | 83.1% |
| JPMorgan Global Bond Opportunities Fund listed as “JPMorgan Global Bonds Opportunities Fund” | — | — | — | 0% |
| Vanguard Target Retirement 2070 Fund listed as “Vanguard Target Retirement 2070 Fund” · record folded from the funds it holds | 0 of 174 | 0 of 33 | 0 of 13 | 91.5% |
What this means for you
Most people are in whichever fund their plan made the default, and never look again. The figures above are the part nobody shows you when you pick: not the fee, not last year's return, but what the fund did with the shares your savings paid for.
Vote the full deck for this plan’s fund →
Other employer plans
The largest employer plans on the site, and a few more. Each page shows what the plan’s funds did with the shares its savers paid for.