2023 Form 5500 filing — Regions Financial Corporation Retirement 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 20250513085816NAL0011880307001) for Regions Financial Corporation Retirement Plan, reported by Regions Financial Corporation under EIN 63-0589368 and plan number 001. It reports 14,271 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250513085816NAL0011880307001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Regions Financial Corporation
- EIN
- 63-0589368
- Plan number
- 001
- Location
- Birmingham, AL
- Participants
- 14,271
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,233,000,320
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,233,000,320
- Total income / additions
- $94,561,449
- Benefits paid
- $94,359,995
- Administrative expenses
- $1,303,430
- Total expenses
- $95,663,425
- Net increase / (decrease)
- -$1,101,976
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lifeworks | CONSULTING | $235,878 | not reported in the loaded dataset |
| Callan Associates, Inc. | CONSULTING | $222,118 | not reported in the loaded dataset |
| Cornerstone Investment Partners, Ll | INVESTMENT MANAGER | $160,725 | not reported in the loaded dataset |
| Towers Watson Pennsylvania Inc | ACTUARY | $152,150 | not reported in the loaded dataset |
| Mercer Human Resources | ACTUARY | $133,094 | not reported in the loaded dataset |
| Legal & General Investment Manageme | INVESTMENT ADVISOR | $112,158 | not reported in the loaded dataset |
| Telus Health | CONSULTING | $111,358 | not reported in the loaded dataset |
| Dimensional Fund Advisors, Lp | INVESTMENT MANAGER | $44,782 | not reported in the loaded dataset |
| Wellington | INVESTMENT MANAGER | $42,191 | not reported in the loaded dataset |
| Warren Averett | ACCOUNTING | $36,550 | not reported in the loaded dataset |
| Ernst & Young | ACCOUNTING | $15,950 | not reported in the loaded dataset |
| Flex Digital | CLIENT COMMUNICATIONS | $11,583 | not reported in the loaded dataset |