401(k) · DOL Form 5500 · 2023

Regions Financial Corporation 401(k) Plan

Data updated 2026-08-25

$2.9B
Total assets Very large vs avg
20,733
Participants Very large workforce
100th
Percentile by assets National rank
$137,682
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Regions Financial Corporation 401(k) Plan · Sponsored by Regions Financial Corporation · Alabama · Finance & Insurance

$2.9B in assets, 20,733 participants

Regions Financial Corporation's Regions Financial Corporation 401(k) Plan reported $2.9B in total assets and 20,733 participants in its 2023 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.

  • #8,776 in Finance & Insurance (8,869 peers)

Coverage in Alabama

Regions Financial Corporation 401(k) Plan covers 20,733 participants in Alabama, 58x the typical Alabama plan (state average ~360 per filing). Assets: $2.9B.

#8,776
in Finance & Insurance (8,869 peers)
+15.4%
assets growth YoY
29×
vs typical plan assets (national mean)

Regions Financial Corporation 401(k) Plan's outsized position by total assets

Regions Financial Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,854,553,916 Highest reported value at or above every one of 127,068 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 2023

Regions Financial Corporation 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Regions Financial Corporation 401(k) Plan is a mega filing (20,733 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Regions Financial Corporation 401(k) Plan reported net income rose from -$403M in the plan year 2022 filing to $381M in the plan year 2023 filing.
  • Regions Financial Corporation 401(k) Plan end-of-year assets rose from $2.5B in the plan year 2022 filing to $2.9B in the plan year 2023 filing.
  • Regions Financial Corporation 401(k) Plan reported participants fell from 20,809 in the plan year 2022 filing to 20,733 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 630589368 · Regions Financial Corporation PY 2023 · 401(k)

Regions Financial Corporation 401(k) Plan · $2.9B · 20,733 · 100th

  • PCT $2.9B
  • PCT 20,733
  • PCT 100th
  • PCT 401(k)
  • PCT near Dillard's, Inc. Investment & Employee Stock Ownership Plan
  • PCT ind #8776

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 Alabama →

Regions Financial Corporation 401(k) Plan in the asset neighbourhood

Regions Financial Corporation 401(k) PlanRegions Financial Corporatio…$2.9BDillard's, Inc. Investment & Employee Stock Ownership PlanDillard's, Inc. Investment &…$2.9BMufg Bank Ltd. 401(k) Plan$2.9BBest Buy Retirement Savings PlanBest Buy Retirement Savings …$2.9BS&c 401(k) Retirement Savings & ESOPS&c 401(k) Retirement Saving…$2.8B
End-of-year total assets ($B) among Regions Financial Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.9B
Net Income$381M
Employer EIN630589368
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Regions Financial Corporation)

Sponsor-wide plan assets over time

All Regions Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$5.1B 14.74174429212496% vs 2022
2024 filing year
$4.2B$4.4B$4.6B$4.8B$5B$5.2B 202220232024 $4.41B $5.06B ▲ +14.7%
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 Scatter plot of 6 data points. -100000100002000030000 0.511.522.53 Total assets ($B) Participants Regions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings PlanAltec, Inc. Retirement Savings Plan, Total assets ($B): 0.827790815 · Participants: 9289Altec, Inc. Retirement Savings Plan
Regions Financial Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Regions Financial Corporation 401(k) Plan side-by-side with 3 peers →

Scale composition for Regions Financial Corporation 401(k) Plan

Regions Financial Corporation 401(k) Plan reports $2.9B in end-of-year assets across 20,733 participants (0.023% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $137,682 per participant (100% of the national average assets-per-participant) . Net income for plan year 2023 was $381M.

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 Open filing
2023 20,733 $2.9B This page
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's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Dillard's, Inc. Investment & Employee Stock Ownership Plan in AR ($2.9B); by covered participants it is Hah Holdings, LLC 401(k) Plan in IL (20,752 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (20,733 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Regions Financial Corporation 401(k) Plan assets move in 2023? ▼
Regions Financial Corporation 401(k) Plan grew sharply - up 15.4% during 2023, from $2.5B to $2.9B. Reported net income was $381M.
How have Regions Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Regions Financial Corporation's sponsor-wide assets grew 14.7%, from $4.4B to $5.1B.
Where does Regions Financial Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Regions Financial Corporation 401(k) Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Regions Financial Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dillard's, Inc. Investment & Employee Stock Ownership Plan in AR ($2.9B, 30,034 participants).
Which 401(k) plans cover a similar participant headcount to Regions Financial Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hah Holdings, LLC 401(k) Plan in IL (20,752 participants, $25M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 630589368.

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.