2023 Form 5500 filing — Regions Financial Corporation 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240729162107NAL0019109441001) for Regions Financial Corporation 401(K) Plan, reported by Regions Financial Corporation under EIN 63-0589368 and plan number 012. It reports 30,770 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729162107NAL0019109441001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Regions Financial Corporation
- EIN
- 63-0589368
- Plan number
- 012
- Location
- Hoover, AL
- Participants
- 30,770
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,854,553,916
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,854,553,916
- Employer contributions
- $99,351,716
- Participant contributions
- $138,567,874
- Total income / additions
- $640,765,564
- Benefits paid
- $258,656,655
- Administrative expenses
- $777,985
- Total expenses
- $259,905,371
- Net increase / (decrease)
- $380,860,193
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $1,459,194 | $0 |
| Qdro Consultants Company, LLC | NONE | $3,050 | not reported in the loaded dataset |