401(k) · DOL Form 5500 · 2024
First Horizon Corporation 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 7,294
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $153,277
- Avg per participant Above avg balance/head
Official DOL plan name: First Horizon Corporation Savings Plan · Sponsored by First Horizon Corporation · Tennessee · Finance & Insurance
$1.1B in assets, 7,294 participants
First Horizon Corporation's First Horizon Corporation Savings Plan reported $1.1B in total assets and 7,294 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #8,320 in Finance & Insurance (8,549 peers)
Coverage in Tennessee
First Horizon Corporation Savings Plan covers 7,294 participants in Tennessee, 6.5x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.1B.
- #8,320
- in Finance & Insurance (8,549 peers)
- +14.1%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
First Horizon Corporation Savings Plan's outsized position by total assets
First Horizon Corporation Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,118,003,700 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
First Horizon Corporation Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Horizon Corporation Savings Plan lands in the large band (7,294 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- First Horizon Corporation Savings Plan reported net income rose from $49M in the plan year 2023 filing to $138M in the plan year 2024 filing.
- First Horizon Corporation Savings Plan end-of-year assets rose from $980M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
- First Horizon Corporation Savings Plan reported participants fell from 7,404 in the plan year 2023 filing to 7,294 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 620803242 · First Horizon Corporation PY 2024 · 401(k)
First Horizon Corporation Savings Plan · $1.1B · 7,294 · 99th
- EIN $1.1B
- RANK 7,294
- PHOTO 99th
- IND 401(k)
- EOY near Mizuho Americas 401(k) Plan
- 5500 ind #8320
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 Tennessee →
First Horizon Corporation Savings Plan in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $980M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $138M |
| Employer EIN | 620803242 |
| Plan Effective Date | 1978-04-23 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First Horizon Corporation)
Sponsor-wide plan assets over time
All First Horizon Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.7B 7.906347356403294% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,054 | $1.6B |
| 2023 | 2 | 8,511 | $1.7B |
| 2024 | 2 | 8,310 | $1.7B |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fedex Corporation Retirement Savings Plan $25.4B · 113,079
- Hca 401(k) Plan $23.8B · 307,086
- Federal Express Corporation Pilots Retirement Savings Plan $5.3B · 5,830
- International Paper Company Salaried Savings Plan $5.0B · 12,564
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.8B · 59,441
Scale composition for First Horizon Corporation Savings Plan
First Horizon Corporation Savings Plan reports $1.1B in end-of-year assets across 7,294 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $153,277 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2024 was $138M.
This plan identity (EIN 620803242, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $931M to $1.1B (+20.1%) while covered participants moved from 7,783 to 7,294 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,783 | $931M | Open filing |
| 2023 | 7,404 | $980M | Open filing |
| 2024 · index core | 7,294 | $1.1B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- First Horizon Corporation Pension Plan (Defined Benefit (Pension), $603M, 1,016 participants)
First Horizon Corporation Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Tennessee, the nearest 401(k) by assets is Mizuho Americas 401(k) Plan in NY ($1.1B); by covered participants it is Esa Management, LLC 401(k) Plan in NC (7,293 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Mizuho Americas 401(k) Plan (NY) $1.1B · 2,893
- Otsuka America 401(k) Savings Plan (NJ) $1.1B · 3,000
- Acna 401(k) Plan (NJ) $1.1B · 6,827
- Cibc Retirement Savings Plan for U.S. Employees (IL) $1.1B · 3,385
Similar participant headcount
Nearest other-state filings by covered participants (7,294 participants); asset peers above are excluded.
- Esa Management, LLC 401(k) Plan (NC) 7,293 · 1 off
- Bimbo Bakeries USA Savings Plan (PA) 7,292 · 2 off
- Caribou Coffee Company, Inc. and Subsidiaries 401(k) Plan (MN) 7,298 · 4 off
- Rexel USA, Inc. Section 401(k) Savings Plan (TX) 7,290 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.