Plan Snapshot
- Plan Sponsor: Regions Financial Corporation
- Sponsor EIN: 630589368
- Sponsor Address: 1900 5TH AVENUE NORTH, BIRMINGHAM, AL, 35203
- Plan Type: DB
- Total Participants: 257
- Total Assets: $1.2B
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 | 257 | $1.2B | $0 | $0 |
| 2023 | 282 | $1.2B | $0 | $0 |
| 2022 | 292 | $1.2B | $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 |
|---|---|---|---|---|
| LEGAL & GENERAL INVESTMENT MANAGEME | Investment Advisor | $455,984 | — | $455,984 |
| TELUS HEALTH | Other Service Provider | $421,675 | — | $421,675 |
| CALLAN ASSOCIATES, INC. | Other Service Provider | $206,933 | — | $206,933 |
| TOWERS WATSON PENNSYLVANIA INC | Actuary | $205,310 | — | $205,310 |
| WELLINGTON | Investment Advisor | $192,530 | — | $192,530 |
| CORNERSTONE INVESTMENT PARTNERS, LL | Investment Advisor | $124,448 | — | $124,448 |
| MERCER HUMAN RESOURCES | Actuary | $116,006 | — | $116,006 |
| DIMENSIONAL FUND ADVISORS, LP | Investment Advisor | $36,713 | — | $36,713 |
| WARREN AVERETT | Auditor | $33,000 | — | $33,000 |
| ATLANTA CAPITAL | Investment Advisor | $28,646 | — | $28,646 |
| ERNST & YOUNG | Auditor | $16,254 | — | $16,254 |
| US POSTMASTER | Other Service Provider | $5,325 | — | $5,325 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT — Auditor
- ERNST & YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,842,824
- Estimated Expense Ratio: 0.160% 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 | $3,298,225 | $838,320 | — | $49,253 | — |
| 2023 | $1,303,430 | $359,856 | — | $36,550 | — |
| 2022 | $3,059,953 | $723,814 | — | — | $780,231 |