Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

First Horizon Corporation Pension Plan

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

Sponsored by First Horizon Corporation · Tennessee · Finance & Insurance

What the 2023 filing shows

First Horizon Corporation Pension Plan holds $675M for 1,107 participants — about $609,377 per participant, up 1.6% over the 2023 plan year.

$675M
total plan assets (2023 EOY)
1,107
covered participants
$609,377
avg assets per participant
+1.6%
assets growth YoY
Total Assets (2023)
$675M
Participants
1,107
State
Industry
Finance & Insurance

What the Filing Says About First Horizon Corporation Pension Plan

First Horizon Corporation Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by First Horizon Corporation, headquartered in Tennessee. As of the 2023 Form 5500 filing, the plan reports $675M in total end-of-year assets and covers 1,107 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 620803242, and the plan has been effective since 1946-01-25. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $664M at the beginning of 2023 to $675M at year-end — a gain of 1.6%. Net assets (after liabilities) closed the year at $673M, with reported net income of $12M 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)$664M
Total Assets (End of Year)$675M
Net Assets (End of Year)$673M
Net Income$12M
Plan TypeDefined Benefit (Pension)
Employer EIN620803242
Plan Effective Date1946-01-25
Filing StatusFILING RECEIVED

Sponsor Plan History (First Horizon Corporation)

Year Plans Participants Total Assets
2022 2 9,054 $1.6B
2023 2 8,511 $1.7B
2024 2 8,310 $1.7B

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Frequently Asked Questions

How much money is in the First Horizon Corporation Pension Plan?
As of the 2023 Form 5500 filing, First Horizon Corporation Pension Plan holds $675M in total assets with 1,107 participants. It is sponsored by First Horizon Corporation.
What type of plan is First Horizon Corporation Pension Plan?
First Horizon Corporation Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1946-01-25. The plan is filed with the U.S. Department of Labor under EIN 620803242.
Who sponsors the First Horizon Corporation Pension Plan?
First Horizon Corporation Pension Plan is sponsored by First Horizon Corporation, located in Tennessee. The sponsor's EIN is 620803242 and the plan operates in the Finance & Insurance industry.
How did First Horizon Corporation Pension Plan perform in 2023?
First Horizon Corporation Pension Plan grew by 1.6% during 2023, moving from $664M to $675M in total assets. Net income was $12M.
Where can I find official filings for First Horizon Corporation Pension Plan?
Official Form 5500 filings for First Horizon Corporation Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 620803242 or plan name at efast.dol.gov.
How does First Horizon Corporation Pension Plan compare to other plans?
You can compare First Horizon Corporation Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Tennessee 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 2023.

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

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.