First Horizon Corporation Pension Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

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 $603M for 1,016 participants — about $593,639 per participant, down 10.6% over the 2024 plan year.

$603M
total plan assets (2024 EOY): 1,016
covered participants: $593,639
avg assets per participant: -10.6%
assets change YoY

The plan reported a net loss of $72M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$603M

Participants

1,016

State

Tennessee

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 2024 Form 5500 filing, the plan reports $603M in total end-of-year assets and covers 1,016 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 $675M at the beginning of 2024 to $603M at year-end — a decline of 10.6%. Net assets (after liabilities) closed the year at $601M, with reported net income of $-71,968,002 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)	$675M
Total Assets (End of Year)	$603M
Net Assets (End of Year)	$601M
Net Income	$-71,968,002
Plan Type	Defined Benefit (Pension)
Employer EIN	620803242
Plan Effective Date	1946-01-25
Filing Status	FILING 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.

Fedex Corporation Employees' Pension Plan $26.6B · 139,031
Retirement Plan of International Paper Company $8.8B · 20,164
Pension Plan for Employees at Ornl $2.5B · 5,801
Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee $2.1B · 2,710
Nissan Employee Retirement Plan $1.7B · 4,300

Compare First Horizon Corporation Pension Plan side-by-side with 3 peers →

Related Data

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Frequently Asked Questions

How much money is in the First Horizon Corporation Pension Plan? ▼

As of the 2024 Form 5500 filing, First Horizon Corporation Pension Plan holds $603M in total assets with 1,016 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 2024? ▼

First Horizon Corporation Pension Plan declined by 10.6% during 2024, moving from $675M to $603M in total assets. Net income was $-71,968,002.

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.