401(k) · DOL Form 5500 · 2022
Regions Financial Corporation 401(k) Plan
Data updated 2026-08-06
- $2.5B
- Total assets
- 20,809
- Participants
- 100th
- Percentile by assets
- $118,876
- Avg per participant
Official DOL plan name: Regions Financial Corporation 401(k) Plan · Sponsored by Regions Financial Corporation · Alabama · Finance & Insurance
$2.5B in assets, 20,809 participants
Regions Financial Corporation's Regions Financial Corporation 401(k) Plan reported $2.5B in total assets and 20,809 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,258 plans)
- #9,170 in Finance & Insurance (9,267 peers)
Coverage in Alabama
Regions Financial Corporation 401(k) Plan covers 20,809 participants in Alabama, 56x the typical Alabama plan (state average ~369 per filing). Assets: $2.5B.
- $2.5B
- total plan assets (2022 EOY)
- 20,809
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $118,876
- avg assets per participant
The plan reported a net loss of $403M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Alabama filers
In Alabama, the average filing covers about 369 participants across 1,507 plans. Regions Financial Corporation 401(k) Plan reports 20,809 participants - 56x that state average ($2.5B EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $2.9B |
|---|---|
| Net Assets (End of Year) | $2.5B |
| Net Income | -$403M |
| Employer EIN | 630589368 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Regions Financial Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 23,790 | $4.4B |
| 2023 | 3 | 23,420 | $4.8B |
| 2024 | 3 | 23,305 | $5.1B |
Nearby 401(k) Plans in Alabama
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Regions Financial Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
- Encompass Health Corporation Retirement Investment Plan $1.2B · 26,602
- Hexagon Employee Retirement Savings Plan $1.2B · 4,237
- Vulcan 401(k) Plan $1.1B · 8,489
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $930M · 4,593
- Altec, Inc. Retirement Savings Plan $666M · 9,386
Scale composition for Regions Financial Corporation 401(k) Plan
Regions Financial Corporation 401(k) Plan reports $2.5B in end-of-year assets across 20,809 participants (0.021% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.023% of 89,805,449 covered participants) - about $118,876 per participant (87% of the national average assets-per-participant) . Net income for plan year 2022 was -$403M.
This plan identity (EIN 630589368, plan #012) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $3.2B (+29.3%) while covered participants moved from 20,809 to 20,783 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 20,809 | $2.5B | This page |
| 2023 | 20,733 | $2.9B | Open filing |
| 2024 · index core | 20,783 | $3.2B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Regions Financial Corporation 401(k) Plan (401(k), $3.2B, 20,783 participants)
- Regions Financial Corporation Retirement Plan (Defined Benefit (Pension), $1.2B, 282 participants)
- Regions Financial Corporation Retirement Plan for Associates (Defined Benefit (Pension), $708M, 2,240 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Regions Financial Corporation 401(k) Plan by total assets, not by location.
- Intuit Inc. 401(k) Plan (CA) $2.5B · 18,288
- Wsp USA Retirement Savings Plan (NY) $2.5B · 11,812
- Frontier Communications 401(k) Savings Plan (CT) $2.5B · 14,478
- Unfi 401(k) Plan (RI) $2.5B · 24,670
Frequently Asked Questions
How did Regions Financial Corporation 401(k) Plan assets move in 2022? ▼
How have Regions Financial Corporation plan assets changed over time? ▼
Where does Regions Financial Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Regions Financial Corporation 401(k) Plan? ▼
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Filing takeaways
Ways to act on Regions Financial Corporation 401(k) Plan's numbers.
- By total assets, Regions Financial Corporation 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
- Regions Financial Corporation's sponsor-wide assets have grown 14.7% since 2022 across 3 plan years on file. More Finance & Insurance plans