Company: FRME
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0000712534-25-000132
Chunk: 3

Company: FIRST MERCHANTS CORP
Filing Date: 2025-06-20
Form: 11-K
Chunk 3
---
 |  13,138,914 |
| Employer                                                |     |      |   7,055,296 |     |      |   7,046,445 |
| Rollovers                                               |     |      |   2,479,217 |     |      |   2,934,559 |
| Total Contributions                                     |     |      |  22,759,840 |     |      |  23,119,918 |
| Total                                                   |     |      |  55,069,846 |     |      |  56,814,632 |
| Deductions                                              |     |      |             |     |      |             |
| Benefits Paid to Participants                           |     |      |  32,908,119 |     |      |  22,397,071 |
| Administrative Expenses                                 |     |      |     166,283 |     |      |     174,935 |
| Total                                                   |     |      |  33,074,402 |     |      |  22,572,006 |
| Net Increase                                            |     |      |  21,995,444 |     |      |  34,242,626 |
| Net Assets Available for Benefits, Beginning of Year    |     |      | 238,909,242 |     |      | 204,666,616 |
| Net Assets Available for Benefits, End of Year          |     | $    | 260,904,686 |     | $    | 238,909,242 |

See Notes to Financial Statements

<div align='center'>4</div>

#### First Merchants Corporation

#### Retirement Income and Savings Plan

### Notes to Financial Statements

#### December 31, 2024 and 2023

#### NOTE 1

#### DESCRIPTION OF PLAN
The following description of First Merchants Corporation Retirement Income and Savings Plan (the Plan) provides only general information. Participants should refer to the Plan Document and Summary Plan Description for a more complete description of the Plan's provisions, which are available from the Plan Administrator.

#### General
The Plan is a defined-contribution plan sponsored by First Merchants Corporation (Corporation) for the benefit of all employees who are age 18 or older. A related employer who also participates in the Plan is First Merchants Bank. Through the following recent acquisitions, all eligible employees from these acquired banks were permitted to participate in the Plan effective the day following the respective acquisition dates