401(k) · DOL Form 5500 · 2024
Regions Financial Corporation 401(k) Plan
Data updated 2026-08-25
- $3.2B
- Total assets Very large vs avg
- 20,783
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $153,851
- Avg per participant Above avg balance/head
Official DOL plan name: Regions Financial Corporation 401(k) Plan · Sponsored by Regions Financial Corporation · Alabama · Finance & Insurance
$3.2B in assets, 20,783 participants
Regions Financial Corporation's Regions Financial Corporation 401(k) Plan reported $3.2B in total assets and 20,783 participants in its 2024 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.
- #8,459 in Finance & Insurance (8,549 peers)
Coverage in Alabama
Regions Financial Corporation 401(k) Plan covers 20,783 participants in Alabama, 58x the typical Alabama plan (state average ~360 per filing). Assets: $3.2B.
- #8,459
- in Finance & Insurance (8,549 peers)
- +12.0%
- assets growth YoY
- 32×
- 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 2024 · DOL Form 5500
$3,197,489,981 Highest reported value at or above every one 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
Regions Financial Corporation 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2024 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 (20,783 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Regions Financial Corporation 401(k) Plan end-of-year assets rose from $2.9B in the plan year 2023 filing to $3.2B in the plan year 2024 filing.
- Regions Financial Corporation 401(k) Plan reported net income fell from $381M in the plan year 2023 filing to $343M in the plan year 2024 filing.
- Regions Financial Corporation 401(k) Plan reported participants rose from 20,733 in the plan year 2023 filing to 20,783 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 630589368 · Regions Financial Corporation PY 2024 · 401(k)
Regions Financial Corporation 401(k) Plan · $3.2B · 20,783 · 100th
- 5500 $3.2B
- ASSETS 20,783
- PCT 100th
- EIN 401(k)
- RANK near Trader Joe's Company Retirement Plan
- PHOTO ind #8459
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
Alabama filing particulars
| Total Assets (Beginning of Year) | $2.9B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | $343M |
| Employer EIN | 630589368 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING 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
| 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.
- Encompass Health Corporation 401(k) Retirement Plan $1.7B · 29,454
- Hexagon Employee Retirement Savings Plan $1.7B · 4,638
- Vulcan 401(k) Plan $1.5B · 8,628
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.2B · 6,167
- Altec, Inc. Retirement Savings Plan $986M · 9,486
Scale composition for Regions Financial Corporation 401(k) Plan
Regions Financial Corporation 401(k) Plan reports $3.2B in end-of-year assets across 20,783 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $153,851 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2024 was $343M.
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 | Open filing |
| 2024 · index core | 20,783 | $3.2B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Regions Financial Corporation Retirement Plan (Defined Benefit (Pension), $1.2B, 282 participants)
- Regions Financial Corporation Retirement Plan for Associates (Defined Benefit (Pension), $708M, 2,240 participants)
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 Trader Joe's Company Retirement Plan in CA ($3.2B); by covered participants it is Aramark Retirement Savings Plan for Salaried Employees in PA (20,664 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.2B here).
- Trader Joe's Company Retirement Plan (CA) $3.2B · 63,666
- The Rite Aid 401(k) Plan (PA) $3.2B · 28,313
- Navy Federal 401(k) Savings Plan (VA) $3.2B · 24,276
- Ameren Corporation Savings Investment Plan (MO) $3.2B · 9,504
Similar participant headcount
Nearest other-state filings by covered participants (20,783 participants); asset peers above are excluded.
- Aramark Retirement Savings Plan for Salaried Employees (PA) 20,664 · 119 off
- Tag the Aspen Group 401(k) Plan (NY) 20,662 · 121 off
- Boston Scientific Corporation 401(k) Retirement Savings Plan (MA) 20,639 · 144 off
- Intuit Inc. 401(k) Plan (CA) 20,635 · 148 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.