401(k) · DOL Form 5500 · 2023

Fifth Third Bancorp 401(k) Plan

Data updated 2026-08-06

$3.6B
Total assets
19,559
Participants
100th
Percentile by assets
$183,575
Avg per participant
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Official DOL plan name: Fifth Third Bancorp 401(k) Savings Plan · Sponsored by Fifth Third Bancorp · Ohio · Finance & Insurance

$3.6B in assets, 19,559 participants

Fifth Third Bancorp's Fifth Third Bancorp 401(k) Savings Plan reported $3.6B in total assets and 19,559 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.

  • 100th percentile by assets (of 126,618 plans)
  • #8,780 in Finance & Insurance (8,852 peers)

Coverage in Ohio

Fifth Third Bancorp 401(k) Savings Plan covers 19,559 participants in Ohio, 25x the typical Ohio plan (state average ~787 per filing). Assets: $3.6B.

$3.6B
total plan assets (2023 EOY)
19,559
covered participants
100th
percentile by assets (of 126,618 plans)
$183,575
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fifth Third Bancorp 401(k) Savings Plan reported net income rose from -$707M in the plan year 2022 filing to $503M in the plan year 2023 filing.
  • Fifth Third Bancorp 401(k) Savings Plan end-of-year assets rose from $3.1B in the plan year 2022 filing to $3.6B in the plan year 2023 filing.
  • Fifth Third Bancorp 401(k) Savings Plan reported participants rose from 19,317 in the plan year 2022 filing to 19,559 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Fifth Third Bancorp 401(k) Savings Plan reports 19,559 participants - 25x that state average ($3.6B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$3.1B
Net Assets (End of Year)$3.6B
Net Income$503M
Employer EIN310854434
Plan Effective Date1955-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fifth Third Bancorp)

$3B$3.5B$4B$4.5B 202220232024 $3.2B $4.09B ▲ +27.8%
Total plan assets by year, all Fifth Third Bancorp plans on file
Year Plans Participants Total Assets
2022 2 20,214 $3.2B
2023 2 20,372 $3.7B
2024 2 19,763 $4.1B

Nearby 401(k) Plans in Ohio

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

Fifth Third Bancorp 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Fifth Third Bancorp 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0510152025 Total assets ($B) Participants Fifth Third Bancorp …GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
Fifth Third Bancorp 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Fifth Third Bancorp 401(k) Savings Plan

Fifth Third Bancorp 401(k) Savings Plan reports $3.6B in end-of-year assets across 19,559 participants (0.031% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.022% of 89,805,449 covered participants) - about $183,575 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $503M.

This plan identity (EIN 310854434, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.1B to $4.0B (+29.7%) while covered participants moved from 19,317 to 19,005 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 19,317 $3.1B Open filing
2023 19,559 $3.6B This page
2024 · index core 19,005 $4.0B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Fifth Third Bancorp 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Fifth Third Bancorp 401(k) Savings Plan assets move in 2023?
Fifth Third Bancorp 401(k) Savings Plan grew sharply - up 16.3% during 2023, from $3.1B to $3.6B. Reported net income was $503M.
How have Fifth Third Bancorp plan assets changed over time?
Across 3 plan years on file (2022-2024), Fifth Third Bancorp's sponsor-wide assets grew 28.1%, from $3.2B to $4.1B.
Where does Fifth Third Bancorp 401(k) Savings Plan rank by assets among Form 5500 filers?
Fifth Third Bancorp 401(k) Savings Plan ranks in the 100th percentile by end-of-year assets among 126,618 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 Fifth Third Bancorp 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Emerson Electric Company Employee Savings Investment Plan in MO ($3.6B, 10,316 participants).

Next read for Fifth Third Bancorp 401(k) Savings Plan

Filing takeaways

Ways to act on Fifth Third Bancorp 401(k) Savings Plan's numbers.