401(k) · DOL Form 5500 · 2024
Synovus Financial Corp. 401(k) Plan
Data updated 2026-08-25
- $856M
- Total assets Above avg plan size
- 4,904
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $174,518
- Avg per participant Above avg balance/head
Official DOL plan name: Synovus 401(k) Savings Plan · Sponsored by Synovus Financial Corp. · Georgia · Management of Enterprises
$856M in assets, 4,904 participants
Synovus Financial Corp.'s Synovus 401(k) Savings Plan reported $856M in total assets and 4,904 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #1,068 in Management of Enterprises (1,133 peers)
Coverage in Georgia
Synovus 401(k) Savings Plan covers 4,904 participants in Georgia, 4.5x the typical Georgia plan (state average ~1,096 per filing). Assets: $856M.
- #1,068
- in Management of Enterprises (1,133 peers)
- +8.6%
- assets growth YoY
- 8.6×
- vs typical plan assets (national mean)
Synovus 401(k) Savings Plan's outsized position by total assets
Synovus 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$855,837,346 Top 2% higher than 98% 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
Synovus 401(k) 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. Synovus 401(k) Savings Plan lands in the large band (4,904 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Synovus 401(k) Savings Plan reported net income fell from $85M in the plan year 2023 filing to $68M in the plan year 2024 filing.
- Synovus 401(k) Savings Plan end-of-year assets rose from $788M in the plan year 2023 filing to $856M in the plan year 2024 filing.
- Synovus 401(k) Savings Plan reported participants fell from 5,132 in the plan year 2023 filing to 4,904 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 581134883 · Synovus Financial Corp. PY 2024 · 401(k)
Synovus 401(k) Savings Plan · $856M · 4,904 · 98th
- RANK $856M
- PHOTO 4,904
- IND 98th
- EOY 401(k)
- 5500 near Ptc 401(k) Savings Plan
- ASSETS ind #1068
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 Management of Enterprises retirement plans → · Plans in Georgia →
Synovus 401(k) Savings Plan in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $788M |
|---|---|
| Net Assets (End of Year) | $856M |
| Net Income | $68M |
| Employer EIN | 581134883 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Synovus Financial Corp.)
Sponsor-wide plan assets over time
All Synovus Financial Corp. plans reported in each filing year
- Latest sponsor-wide plan assets
- $856M 21.61322235846076% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,008 | $704M |
| 2023 | 1 | 5,132 | $788M |
| 2024 | 1 | 4,904 | $856M |
Nearby 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $19.3B · 452,126
- Delta 401(k) Retirement Plan $19.0B · 89,836
- Delta 401(k) Retirement Plan for Pilots $15.9B · 14,473
- UPS 401(k) Savings Plan $14.2B · 95,250
- The Home Depot Futurebuilder $14.1B · 398,464
Synovus 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Georgia, the nearest 401(k) by assets is Ptc 401(k) Savings Plan in MA ($856M); by covered participants it is Torrid 401(k) Plan in CA (4,904 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($856M here).
- Ptc 401(k) Savings Plan (MA) $856M · 2,559
- Knife River Corporation 401(k) Retirement Plan (ND) $856M · 5,327
- Deaconess Health System, Inc. 401(k) Plan (IN) $855M · 9,838
- Mosaic Investment Plan (FL) $853M · 2,173
Similar participant headcount
Nearest other-state filings by covered participants (4,904 participants); asset peers above are excluded.
- Torrid 401(k) Plan (CA) 4,904 · 0 off
- The 401(k) Retirement Plan of Heidelberg Materials US (TX) 4,902 · 2 off
- Bok Financial 401(k) Plan (OK) 4,907 · 3 off
- Iuoe Local 478 Annuity Fund (CT) 4,899 · 5 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.