401(k) · DOL Form 5500 · 2022

First Horizon Corporation 401(k) Plan

Data updated 2026-08-25

$931M
Total assets Above avg plan size
7,783
Participants Very large workforce
99th
Percentile by assets National rank
$119,636
Avg per participant Near avg balance/head
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Official DOL plan name: First Horizon Corporation Savings Plan and Trust · Sponsored by First Horizon Corporation · Tennessee · Finance & Insurance

$931M in assets, 7,783 participants

First Horizon Corporation's First Horizon Corporation Savings Plan and Trust reported $931M in total assets and 7,783 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,049 in Finance & Insurance (9,261 peers)

Coverage in Tennessee

First Horizon Corporation Savings Plan and Trust covers 7,783 participants in Tennessee, 6.9x the typical Tennessee plan (state average ~1,126 per filing). Assets: $931M.

#9,049
in Finance & Insurance (9,261 peers)
-6.8%
assets change YoY
9.3×
vs typical plan assets (national mean)

The plan reported a net loss of $68M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Horizon Corporation Savings Plan and Trust's outsized position by total assets

First Horizon Corporation Savings Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$931,128,603 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First Horizon Corporation Savings Plan and Trust's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Horizon Corporation Savings Plan and Trust lands in the large band (7,783 participants).

Form 5500 schedule snapshot

Filing strip 620803242 · First Horizon Corporation PY 2022 · 401(k)

First Horizon Corporation Savings Plan and Trust · $931M · 7,783 · 99th

  • TYPE $931M
  • NET 7,783
  • BOOK 99th
  • VS-ST 401(k)
  • BOY near Atmos Energy Corporation Retirement Savings Plan and Trust
  • SCH ind #9049

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Tennessee →

First Horizon Corporation Savings Plan and Trust in the asset neighbourhood

Atmos Energy Corporation Retirement Savings Plan and TrustAtmos Energy Corporation Ret…$931MFirst Horizon Corporation Savings Plan and TrustFirst Horizon Corporation Sa…$931MThe Standard 401(k) Plan$931MMercedes-Benz U.S. International, Inc. Retirement and Savings PlanMercedes-Benz U.S. Internati…$930MNew York Life Agents Progress-Sharing Investment PlanNew York Life Agents Progres…$930M
End-of-year total assets ($M) among First Horizon Corporation Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$999M
Net Assets (End of Year)$931M
Net Income-$68M
Employer EIN620803242
Plan Effective Date1978-04-23
Filing StatusFILING RECEIVED

Sponsor Plan History (First Horizon Corporation)

Sponsor-wide plan assets over time

All First Horizon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 7.906347356403294% vs 2022
2024 filing year
$1.55B$1.6B$1.65B$1.7B$1.75B 202220232024 $1.6B $1.72B ▲ +7.5%
Year Plans Participants Total Assets
2022 2 9,054 $1.6B
2023 2 8,511 $1.7B
2024 2 8,310 $1.7B

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

First Horizon Corporation Savings Plan and Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants First Horizon Corporation Savings Plan and Trust, Total assets ($B): 0.931128603 · Participants: 7783First Horizon Corporation Savings Plan and TrustFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
First Horizon Corporation Savings Plan and Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare First Horizon Corporation Savings Plan and Trust side-by-side with 3 peers →

Scale composition for First Horizon Corporation Savings Plan and Trust

First Horizon Corporation Savings Plan and Trust reports $931M in end-of-year assets across 7,783 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $119,636 per participant (87% of the national average assets-per-participant) . Net income for plan year 2022 was -$68M.

This plan identity (EIN 620803242, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $931M to $1.1B (+20.1%) while covered participants moved from 7,783 to 7,294 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,783 $931M This page
2023 7,404 $980M Open filing
2024 · index core 7,294 $1.1B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

First Horizon Corporation Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Atmos Energy Corporation Retirement Savings Plan and Trust in TX ($931M); by covered participants it is Adidas 401(k) Savings and Retirement Plan in OR (7,786 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,783 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Horizon Corporation Savings Plan and Trust assets move in 2022? ▼
First Horizon Corporation Savings Plan and Trust pulled back noticeably - down 6.8% during 2022, from $999M to $931M. Reported net income was -$68M.
How have First Horizon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Horizon Corporation's sponsor-wide assets grew 7.9%, from $1.6B to $1.7B.
Where does First Horizon Corporation Savings Plan and Trust rank by assets among Form 5500 filers? ▼
First Horizon Corporation Savings Plan and Trust ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to First Horizon Corporation Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Atmos Energy Corporation Retirement Savings Plan and Trust in TX ($931M, 4,670 participants).
Which 401(k) plans cover a similar participant headcount to First Horizon Corporation Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Adidas 401(k) Savings and Retirement Plan in OR (7,786 participants, $735M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 620803242.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.