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Original filing (PDF)20250718131411NAL0000927987002
FIRST BUSEY CORPORATION
Form 5500
FILING_RECEIVED
FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
1,521
Accounts w/ balance
1,843
Plan assets (EOY)
$268.2M
Net assets (EOY)
$268.2M
How this plan invests
This plan
36 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 15 bps in Schedule C fees — modestly above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FIRST BUSEY CORPORATION.
Plan sponsor
Name
FIRST BUSEY CORPORATION
EIN
37-1078406
Address
115 NORTH NEIL STREET 4TH FL/HR · CHAMPAIGN, IL · 61820
Phone
(217) 351-8208
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-18
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FGMK, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | 16-1450952 | — | NONE | $371K | — |
| BENEFIT PLANNING CONSULTANTS | 36-3036100 | — | NONE | $10K | — |
| BUSEY BANK | 37-0613731 | — | NONE | $9K | — |
| CHARLES SCHWAB TRUST BANK | 82-3967259 | — | NONE | $0 | — |
| CHARLES SCHWAB & CO., INC. | 94-1737782 | — | NONE | $0 | — |
Investments
36 direct securities· $264.8M(99% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard 500 Index Fund | — | — | — | $31.5M | 11.8% | |
| First Busey Corporation Balanced | — | — | — | $25.5M | 9.5% | |
| T. Rowe Price Retirement Fund 2030 | — | — | — | $23.9M | 8.9% | |
| American Funds The Growth Fund of America | — | — | — | $22.4M | 8.4% | |
| First Busey Corporation Growth | — | — | — | $15.5M | 5.8% | |
| First Busey Corporation Aggressive | — | — | — | $15.3M | 5.7% | |
| T. Rowe Price Retirement Fund 2040 | — | — | — | $14.6M | 5.5% | |
| T. Rowe Price Retirement Fund 2050 | — | — | — | $11.3M | 4.2% | |
| First Busey Corporation Moderate | — | — | — | $10.6M | 4.0% | |
| DoubleLine Core Fixed Income Fund | — | — | — | $9.2M | 3.4% | |
| First Busey Corporation Stock fund | — | — | — | $8.8M | 3.3% | |
| Dodge and Cox Stock Fund | — | — | — | $8.7M | 3.2% | |
| GMO Trust International Developed Equity Allocation | — | — | — | $8.4M | 3.1% | |
| T. Rowe Price Retirement Fund 2020 | — | — | — | $6.7M | 2.5% | |
| Charles Schwab Bank | — | — | — | $6.3M | 2.4% | |
| American Funds The Income Fund of America | — | — | — | $5.6M | 2.1% | |
| Congress Mid Cap Growth Fund | — | — | — | $4.7M | 1.8% | |
| T. Rowe Price Retirement Fund 2045 | — | — | — | $4.4M | 1.6% | |
| T. Rowe Price Retirement Fund 2060 | — | — | — | $4.3M | 1.6% | |
| DFA US Targeted Value Portfolio | — | — | — | $3.9M | 1.5% | |
| T. Rowe Price Retirement Fund 2035 | — | — | — | $3.7M | 1.4% | |
| First Busey Corporation Conservative | — | — | — | $2.9M | 1.1% | |
| Participant loans | — | — | — | $2.5M | 0.9% | |
| Federated Hermes Ultrashort Bond Fund | — | — | — | $2.1M | 0.8% | |
| Vanguard Small Cap Index Admiral | — | — | — | $2.0M | 0.7% | |
| T. Rowe Price Retirement Fund 2025 | — | — | — | $1.9M | 0.7% | |
| AQR Emerging Multi-Style II | — | — | — | $1.9M | 0.7% | |
| Vanguard Mid Cap Index Admiral | — | — | — | $1.5M | 0.6% | |
| T. Rowe Price Retirement Fund 2055 | — | — | — | $1.4M | 0.5% | |
| American Funds Euro Pacific Growth Fund | — | — | — | $1.1M | 0.4% | |
| T. Rowe Price Retirement Fund 2065 | — | — | — | $759K | 0.3% | |
| First Busey Corporation Common stock | — | — | — | $611K | 0.2% | |
| American Century Mid Cap Value Fund | — | — | — | $472K | 0.2% | |
| T. Rowe Price Retirement Fund 2010 | — | — | — | $43K | <0.1% | |
| Charles Schwab Bank | — | — | — | $3K | <0.1% | |
| T. Rowe Price Retirement Fund 2015 | — | — | — | $2K | <0.1% |
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