Employers › Fifth Third Bancorp
Recordkeeping fees per participant · Fifth Third Bancorp 401(k) Savings Plan · plan year 2024
$1.46
Higher than 2% of the 790 plans over $1B that report it.
= $33,884 / 23,249
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010111855NAL0012423024001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010111855NAL0012423024001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Administrative expenses excluding investment management, per participant
$4.21
Higher than 4% of the 1,045 plans over $1B that report it.
= $97,988 / 23,249
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010111855NAL0012423024001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010111855NAL0012423024001, received 2025-10-10
Administrative expenses per participant
$88.25
Higher than 63% of the 1,076 plans over $1B that report it.
= $2,051,704 / 23,249
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010111855NAL0012423024001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010111855NAL0012423024001, received 2025-10-10
Administrative expenses as a share of assets
0.051%
Higher than 55% of the 1,076 plans over $1B that report it.
= $2,051,704 / $4,005,871,003
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010111855NAL0012423024001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010111855NAL0012423024001, received 2025-10-10
Employer contributions per participant
$4,900
Higher than 66% of the 1,135 plans over $1B that report it.
= $113,929,251 / 23,249
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010111855NAL0012423024001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010111855NAL0012423024001, received 2025-10-10
Employer share of total contributions
39.6%
Higher than 74% of the 1,135 plans over $1B that report it.
= $113,929,251 / $288,000,265
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010111855NAL0012423024001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010111855NAL0012423024001, received 2025-10-10
Plan terms are described in Fifth Third Bancorp's SEC filings: Form 10-K filed 2026-02-24. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010111855NAL0012423024001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FIFTH THIRD BANCORP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Plan name | FIFTH THIRD BANCORP 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Sponsor EIN / plan number | 31-0854434 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Sponsor location | CINCINNATI, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Participants, beginning of year | 26,188 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Active participants | 18,855 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Participants, end of year | 25,787 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Participants with an account balance | 23,249 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Total assets, beginning of year | $3,590,550,495 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Total assets, end of year | $4,005,871,003 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Net assets, end of year | $4,005,784,192 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Total income | $799,127,394 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Net income | $415,644,483 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Employer contributions | $113,929,251 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Participant contributions | $147,904,000 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $26,167,014 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Total contributions | $288,000,265 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Benefit payments | $380,756,718 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $383,482,911 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Total administrative expenses | $2,051,704 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Recordkeeping fees | $33,884 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Investment advisory and management fees | $1,953,716 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Administrative expenses excluding investment management | $97,988 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Held in common/collective trusts | $3,159,346,783 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Held in mutual funds | $599,591,813 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010111855NAL0012423024001, received 2025-10-10 |
| Independent auditor | DELOITTE & TOUCHE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010111855NAL0012423024001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010111855NAL0012423024001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $1,613,845 | no |
| BARROW, HANLEY, MEWHINNEY & STRAUSS | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $339,871 | no |
| THOMPSON HINE LLP | NONE | 29 Legal; 50 Direct payment from the plan | $53,618 | no |
| EMPOWER TRUST COMPANY, LLCrecordkeeper | NONE | 15 Recordkeeping and information management; 50 Direct payment from the plan | $19,909 | no |
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 50 Direct payment from the plan | $13,975 | yes |
| BANK NEW YORK (BNY) | NONE | 19 Custodial (securities); 50 Direct payment from the plan | $10,487 | no |
| EMPOWER FINANCIAL SERVICES, INC. | NONE | 33 Securities brokerage; 72 Other investment fees and expenses; 50 Direct payment from the plan | $8,610 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010111855NAL0012423024001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,590,550,495 | $4,005,871,003 | 11.6% |
| Participants with a balance | 23,622 | 23,249 | -1.6% |
| Administrative expenses | $1,823,483 | $2,051,704 | 12.5% |
| Recordkeeping fees per participant | $0.87 | $1.46 | 67.2% |
| Employer contributions | $113,074,199 | $113,929,251 | 0.8% |
Prior filing 20241010152346NAL0021338193001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: FIFTH THIRD BANCORP; SEC registrant: FIFTH THIRD BANCORP (CIK 35527, matched by EIN; display name from the Form 10-K cover).