Plan Snapshot
- Plan Sponsor: First Horizon Corporation
- Sponsor EIN: 620803242
- Sponsor Address: PO BOX 84, MEMPHIS, TN, 381010084
- Plan Type: DB
- Total Participants: 953
- Total Assets: $603.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 953 | $603.1M | $0 | $0 |
| 2023 | 1,016 | $674.6M | $0 | $0 |
| 2022 | 1,107 | $663.9M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AON CONSULTING INC. | NONE | $1,525,892 | — | $1,525,892 |
| FIRST HORIZON BANK TRUST DIVISION | AFFILIATE | $301,116 | — | $301,116 |
| LEGAL AND GENERAL INVESTMENT MANAGT | NONE | $291,448 | — | $291,448 |
| NISA INVESTMENT ADVISORS LLC | NONE | $260,643 | — | $260,643 |
| CBIZ CPAS P.C. | NONE | $40,695 | — | $40,695 |
| BLACKROCK INSTITUTIONAL TRUST | NONE | $25,887 | — | $25,887 |
| BAKER, DONELSON, BEARMAN, CALDWELL | LEGAL | $11,221 | — | $11,221 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,456,902
- Estimated Expense Ratio: 0.407% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,175,579 | $1,645,009 | — | $40,695 | — |
| 2023 | $4,158,118 | $1,367,603 | — | $39,105 | — |
| 2022 | $2,640,318 | $1,535,661 | — | — | $591,003 |