Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Regions Financial Corporation Retirement Plan for Associates

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Regions Financial Corporation · Alabama · Finance & Insurance

What the 2023 filing shows

Regions Financial Corporation Retirement Plan for Associates holds $700M for 2,672 participants — about $262,047 per participant, down 22.3% over the 2022 plan year.

$700M
total plan assets (2022 EOY)
2,672
covered participants
$262,047
avg assets per participant
-22.3%
assets change YoY

The plan reported a net loss of $201M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$700M
Participants
2,672
State
Industry
Finance & Insurance

What the Filing Says About Regions Financial Corporation Retirement Plan for Associates

Regions Financial Corporation Retirement Plan for Associates is a Defined Benefit (Pension) retirement plan sponsored by Regions Financial Corporation, headquartered in Alabama. As of the 2022 Form 5500 filing, the plan reports $700M in total end-of-year assets and covers 2,672 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 630589368, and the plan has been effective since 2016-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $901M at the beginning of 2022 to $700M at year-end — a decline of 22.3%. Net assets (after liabilities) closed the year at $700M, with reported net income of $-201,066,942 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$901M
Total Assets (End of Year)$700M
Net Assets (End of Year)$700M
Net Income$-201,066,942
Plan TypeDefined Benefit (Pension)
Employer EIN630589368
Plan Effective Date2016-01-01
Filing StatusFILING 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 Defined Benefit (Pension) Plans in Alabama

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Regions Financial Corporation Retirement Plan for Associates?
As of the 2022 Form 5500 filing, Regions Financial Corporation Retirement Plan for Associates holds $700M in total assets with 2,672 participants. It is sponsored by Regions Financial Corporation.
What type of plan is Regions Financial Corporation Retirement Plan for Associates?
Regions Financial Corporation Retirement Plan for Associates is a Defined Benefit (Pension) plan. It has been effective since 2016-01-01. The plan is filed with the U.S. Department of Labor under EIN 630589368.
Who sponsors the Regions Financial Corporation Retirement Plan for Associates?
Regions Financial Corporation Retirement Plan for Associates is sponsored by Regions Financial Corporation, located in Alabama. The sponsor's EIN is 630589368 and the plan operates in the Finance & Insurance industry.
How did Regions Financial Corporation Retirement Plan for Associates perform in 2022?
Regions Financial Corporation Retirement Plan for Associates declined by 22.3% during 2022, moving from $901M to $700M in total assets. Net income was $-201,066,942.
Where can I find official filings for Regions Financial Corporation Retirement Plan for Associates?
Official Form 5500 filings for Regions Financial Corporation Retirement Plan for Associates are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630589368 or plan name at efast.dol.gov.
How does Regions Financial Corporation Retirement Plan for Associates compare to other plans?
You can compare Regions Financial Corporation Retirement Plan for Associates against other Defined Benefit (Pension) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 630589368.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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