First Horizon Corporation Savings Plan — Form 5500 plan (First Horizon Corporation)
Plain-English plan 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, First Horizon Corporation Savings Plan is a benefit plan reported by First Horizon Corporation under EIN 62-0803242 and plan number 002. The latest loaded filing year is 2023. The filing reports 10,266 participants and $979,738,988 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Horizon Corporation
- EIN
- 62-0803242
- Plan number
- 002
- Plan type
- 2
- Location
- Memphis, TN
- Latest filing year
- 2023
- Participants
- 10,266
- End-of-year plan assets
- $979,738,988
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10,266 | H, C | 20240703175459NAL0014109650001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $979,738,988
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $979,738,988
- Net assets (BOY)
- $931,128,603
Income & contributions
- Employer contributions
- $35,098,892
- Participant contributions
- $50,491,920
- Total contributions
- $87,990,593
- Total income / additions
- $155,402,192
Expenses & distributions
- Benefits paid
- $105,609,143
- Administrative expenses
- $1,182,664
- Total expenses
- $106,791,807
- Net increase / (decrease)
- $48,610,385
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $923,253 | $0 | 2023 |
| Office Team | CONSULTANT | $92,073 | not reported in the loaded dataset | 2023 |
| Aon Investment Usa, Inc | CONSULTANT | $82,500 | not reported in the loaded dataset | 2023 |
| Mayer Hoffman Mccann P.C. | AUDITOR | $49,800 | not reported in the loaded dataset | 2023 |
| Gallagher Fiduciary Advisors, LLC | CONSULTING | $21,333 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Horizon Corporation
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Memphis, TN
- Transamerica Retirement Solutions — Schedule C compensation
- Office Team — Schedule C compensation
- Aon Investment Usa, Inc — Schedule C compensation
- Mayer Hoffman Mccann P.C. — Schedule C compensation
- Gallagher Fiduciary Advisors, LLC — Schedule C compensation