2023 Form 5500 filing — Fifth Third Bancorp 401(K) Savings 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 20241010152346NAL0021338193001) for Fifth Third Bancorp 401(K) Savings Plan, reported by Fifth Third Bancorp under EIN 31-0854434 and plan number 001. It reports 26,819 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010152346NAL0021338193001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fifth Third Bancorp
- EIN
- 31-0854434
- Plan number
- 001
- Location
- Cincinnati, OH
- Participants
- 26,819
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,590,550,495
- Total liabilities (EOY)
- $410,786
- Net assets (EOY)
- $3,590,139,709
- Employer contributions
- $113,074,199
- Participant contributions
- $147,883,118
- Total income / additions
- $832,978,989
- Benefits paid
- $327,411,131
- Administrative expenses
- $1,823,483
- Total expenses
- $330,256,368
- Net increase / (decrease)
- $502,722,621
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $1,395,513 | not reported in the loaded dataset |
| Barrow, Hanley, Mewhinney & Strauss | NONE | $319,702 | not reported in the loaded dataset |
| Thompson Hine Llp | NONE | $45,486 | not reported in the loaded dataset |
| Empower Trust Company, LLC | NONE | $23,860 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | NONE | $20,594 | $0 |
| Empower Financial Services, Inc. | NONE | $8,436 | not reported in the loaded dataset |