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Recordkeeping fees per participant · Regions Financial Corporation 401(k) Plan · plan year 2024
$53.77
Higher than 87% of the 790 plans over $1B that report it.
= $1,549,890 / 28,825
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250717090658NAL0000026945001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717090658NAL0000026945001, received 2025-07-17
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 2025-07-17.
Administrative expenses excluding investment management, per participant
$53.77
Higher than 63% of the 1,045 plans over $1B that report it.
= $1,549,890 / 28,825
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250717090658NAL0000026945001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717090658NAL0000026945001, received 2025-07-17
Administrative expenses per participant
$53.77
Higher than 34% of the 1,076 plans over $1B that report it.
= $1,549,890 / 28,825
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717090658NAL0000026945001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717090658NAL0000026945001, received 2025-07-17
Administrative expenses as a share of assets
0.048%
Higher than 52% of the 1,076 plans over $1B that report it.
= $1,549,890 / $3,197,489,981
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717090658NAL0000026945001, received 2025-07-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250717090658NAL0000026945001, received 2025-07-17
Employer contributions per participant
$3,622
Higher than 48% of the 1,135 plans over $1B that report it.
= $104,393,169 / 28,825
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717090658NAL0000026945001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717090658NAL0000026945001, received 2025-07-17
Employer share of total contributions
38.9%
Higher than 71% of the 1,135 plans over $1B that report it.
= $104,393,169 / $268,361,247
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717090658NAL0000026945001, received 2025-07-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250717090658NAL0000026945001, received 2025-07-17
Employer match
“The Company matches dollar for dollar participants' pre-tax contributions and Roth after-tax contributions, up to 5 percent of total eligible compensation.”
Form 11-K filed 2026-06-16, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250717090658NAL0000026945001, received 2025-07-17
| Field | Value | Source |
|---|---|---|
| Plan sponsor | REGIONS FINANCIAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Plan name | REGIONS FINANCIAL CORPORATION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Sponsor EIN / plan number | 63-0589368 / 012 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Sponsor location | HOOVER, AL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Filing received | 2025-07-17 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Participants, beginning of year | 31,228 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Active participants | 20,137 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Participants, end of year | 29,490 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Participants with an account balance | 28,825 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Total assets, beginning of year | $2,854,553,916 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Total assets, end of year | $3,197,489,981 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Net assets, end of year | $3,197,489,981 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Total income | $712,015,488 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Net income | $342,905,290 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Employer contributions | $104,393,169 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Participant contributions | $142,670,598 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Other contributions (incl. rollovers) | $21,297,480 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Total contributions | $268,361,247 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Benefit payments | $367,212,664 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Total expenses (incl. benefit payments) | $369,110,198 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Total administrative expenses | $1,549,890 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Recordkeeping fees | $1,549,890 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Administrative expenses excluding investment management | $1,549,890 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Held in common/collective trusts | $1,945,675,139 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Held in mutual funds | $899,164,198 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250717090658NAL0000026945001, received 2025-07-17 |
| Independent auditor | ERNST & YOUNG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250717090658NAL0000026945001, received 2025-07-17 |
Position = column in the DOL layout for form year 2024. Filing 20250717090658NAL0000026945001, received 2025-07-17.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $1,549,878 | yes |
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 20250717090658NAL0000026945001, received 2025-07-17.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,854,553,916 | $3,197,489,981 | 12.0% |
| Participants with a balance | 30,404 | 28,825 | -5.2% |
| Administrative expenses | $777,985 | $1,549,890 | 99.2% |
| Recordkeeping fees per participant | $25.49 | $53.77 | 111.0% |
| Employer contributions | $99,351,716 | $104,393,169 | 5.1% |
Prior filing 20240729162107NAL0019109441001, received 2024-07-29; the plan years are contiguous.
Sponsor name as filed: REGIONS FINANCIAL CORPORATION; SEC registrant: REGIONS FINANCIAL CORP (CIK 1281761, matched by EIN; display name from the Form 11-K cover).