FIRST BUSEY CORP /NV/ 401(k): EPIC Retirement Plan Services, match 4% max
First Busey Corporation Profit Sharing Plan and Trust · BUSE · CIK 314489
EPIC Retirement Plan Services is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. What the filing says about them.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Maximum employer match, as a share of pay
4%
FIRST BUSEY CORP /NV/ matches 100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay, for a maximum employer match of 4% of pay.
From the Form 11-K filed June 29, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What FIRST BUSEY /NV/ puts in, and what the plan costs
What FIRST BUSEY /NV/ put into the plan, per active participant
$4,975
FIRST BUSEY CORP /NV/ put $4,975 into this plan for each of its 1,521 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
FIRST BUSEY /NV/ put in more per active participant than 72% of plans with 1,000–4,999 participants at banks and lenders. The middle plan in that group of 245 reported $3,422. Banks and lenders comes from business code 522110, which FIRST BUSEY /NV/ entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much FIRST BUSEY /NV/ pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 371078406, plan 002 · DOL EFAST2 ↗
The $4,975 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. FIRST BUSEY CORP /NV/ also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,980 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What FIRST BUSEY /NV/ puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“The Employers make safe harbor matching contributions to the Plan equal to a percentage of the first 5% (100% on the first 3% and 50% on the next 2%) of total eligible compensation that a participant contributes to the Plan.”
What you contribute to collect all of it
Contribute at least 5% of your pay to collect the full match.
That is $2,475 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are immediately vested in their voluntary contributions, the Employers' safe harbor matching contributions, rollover contributions and the respective plan earnings on those contributions.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
92nd percentile
$189.33 per participant in plan-paid administrative cost, more expensive than 92% of plans with 1,000–4,999 participants.
What is FIRST BUSEY /NV/'s 401(k) match formula?
FIRST BUSEY /NV/'s 401(k) employer match tops out at 4% of pay. A tiered formula pays its best rate on the first slice of pay and less on the next, which is how the rate steps down.
| Match formula | 100% (dollar-for-dollar) of the first 3% of pay |
|---|---|
| then | 50% of the next 2% of pay |
| Maximum employer match | 4% of compensation |
| Conditions | The Employers make safe harbor matching contributions to the Plan equal to a percentage of the first 5% (100% on the first 3% and 50% on the next 2%) of total eligible compensation that a participant contributes to the Plan. |
| Other employer contribution | The Employers may also make a discretionary profit sharing contribution as determined and approved by the Board of Directors each year. For the year ended December 31, 2025, the Employer made a profit sharing contribution of approximately 3% of eligible compensation. |
At a $60,000 salary, contributing 5% ($3,000) earns the full employer match of $2,400 for the year.
What the filing says, word for word
“The Employers make safe harbor matching contributions to the Plan equal to a percentage of the first 5% (100% on the first 3% and 50% on the next 2%) of total eligible compensation that a participant contributes to the Plan.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is FIRST BUSEY /NV/'s 401(k) vesting schedule?
FIRST BUSEY /NV/ vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | Vesting in the Employers' profit sharing contributions portion of their accounts is based on years of service. A participant is 100% vested after five years of credited service. A participant is 100% vested upon reaching normal retirement age, death, or disability regardless of years of service. |
Vesting, word for word
“Participants are immediately vested in their voluntary contributions, the Employers' safe harbor matching contributions, rollover contributions and the respective plan earnings on those contributions.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR · SEC ↗
Who can join FIRST BUSEY /NV/'s 401(k), and is enrollment automatic?
FIRST BUSEY /NV/'s filing does not mention automatic enrollment, which is not the same as the plan having none.
| Plan entry | Employees are eligible at age 21 to make salary deferrals and receive matching contributions. |
|---|---|
| Automatic enrollment | Not mentioned in the filing (not proof of absence) |
Eligibility, word for word
“Employees are eligible at age 21 to make salary deferrals and receive matching contributions.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports EPIC Retirement Plan Services. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
263 plans on file name EPIC Retirement Plan Services as their recordkeeper. Of those, the 263 with a computable fee have a median plan-paid cost of $181.71 per participant.
| Recordkeeper | EPIC Retirement Plan Services |
|---|---|
| Recordkeeper EIN | 161450952 |
What does the FIRST BUSEY /NV/ plan report on Form 5500?
The FIRST BUSEY /NV/ plan reported $268.2M in assets and 2,059 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | First Busey Corporation Profit Sharing Plan And Trust |
|---|---|
| Total plan assets | $268,163,537 |
| Participants | 2,059 |
| Plan-paid admin cost per participant | $189.33 |
How that cost compares
This plan pays $189.33 per participant. The median across plans at banks and lenders is $152.83, from the 2,143 of 2,264 whose Form 5500 yields a per-participant cost.
Read from the Form 5500 filing of First Busey Corporation Profit Sharing Plan And Trust, which has no page of its own here.
How does FIRST BUSEY /NV/'s 401(k) match compare?
FIRST BUSEY CORP /NV/'s maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at banks and lenders, one reports the same recordkeeper, one lands near FIRST BUSEY /NV/'s maximum match and one vests on the same schedule.
Maximum match 4% of pay. Also at banks and lenders.
Maximum match 4% of pay. Also at banks and lenders.
Maximum match 4% of pay. Also at banks and lenders.
Maximum match 4% of pay. Same recordkeeper, EPIC Retirement Plan Services.
Maximum match 4% of pay, level with FIRST BUSEY /NV/.
Employer match vests immediately. Vests immediately too, like FIRST BUSEY /NV/.
Compare FIRST BUSEY CORP /NV/ with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 29, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is FIRST BUSEY CORP /NV/'s 401(k) match?
First Busey Corp /Nv/ matches 100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay, for a maximum employer match of 4% of compensation (plan year ended December 31, 2025).
When does the FIRST BUSEY CORP /NV/ 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does FIRST BUSEY CORP /NV/'s 401(k) plan have automatic enrollment?
Not mentioned in the filing (not proof of absence).
Who is the recordkeeper for FIRST BUSEY CORP /NV/'s 401(k)?
EPIC Retirement Plan Services is named as the recordkeeper on the Form 5500 filed for First Busey Corporation Profit Sharing Plan And Trust for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that FIRST BUSEY CORP /NV/ filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | FIRST BUSEY CORP /NV/ |
| SEC CIK | 314489 |
| Accession number | 0000314489-26-000043 |
| Plan | First Busey Corporation Profit Sharing Plan and Trust |
| Period of report | December 31, 2025 |
| Filed | June 29, 2026 |
401(k) Monitor is not affiliated with FIRST BUSEY CORP /NV/, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “FIRST BUSEY CORP /NV/ 401(k) plan facts”, from SEC Form 11-K accession 0000314489-26-000043, plan year ended December 31, 2025.
