Regions Financial Corporation 401(K) Plan — Form 5500 plan (Regions Financial 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, Regions Financial Corporation 401(K) Plan is a benefit plan reported by Regions Financial Corporation under EIN 63-0589368 and plan number 012. The latest loaded filing year is 2023. The filing reports 30,770 participants and $2,854,553,916 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Regions Financial Corporation
EIN
63-0589368
Plan number
012
Plan type
2
Location
Hoover, AL
Latest filing year
2023
Participants
30,770
End-of-year plan assets
$2,854,553,916

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202330,770H, C20240729162107NAL0019109441001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,854,553,916
Total liabilities (EOY)
$0
Net assets (EOY)
$2,854,553,916
Net assets (BOY)
$2,473,693,723

Income & contributions

Employer contributions
$99,351,716
Participant contributions
$138,567,874
Total contributions
$254,945,990
Total income / additions
$640,765,564

Expenses & distributions

Benefits paid
$258,656,655
Administrative expenses
$777,985
Total expenses
$259,905,371
Net increase / (decrease)
$380,860,193

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$1,459,194$02023
Qdro Consultants Company, LLCNONE$3,050not reported in the loaded dataset2023

Related Form 5500 pages