Fifth Third Bancorp 401(k) match, vesting and fees
What Fifth Third Bancorp's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Trust Company, LLC | Schedule C ↗ |
| Independent auditor | Deloitte & Touche LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 105 defined-contribution plans in finance and insurance with 10,000 to 49,999 participants.
| Fifth Third Bancorp: employer contribution per participant | $4,900 | |
| Peer median | $3,632 |
| Fifth Third Bancorp: average balance | $172,299 | |
| Peer median | $158,114 |
| Fifth Third Bancorp: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.05% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $3.8B at the end of plan year 2021 to $4B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 25,787 | $4B | $114M | $4,900 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 26,188 | $3.6B | $113M | $4,787 | 0.05% | Not published | Form 5500 ↗ |
| 2022 | 26,819 | $3.1B | $110M | $4,618 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 26,324 | $3.8B | $106M | $4,435 | 0.05% | Not published | Form 5500 ↗ |
Other Fifth Third Bancorp plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Fifth Third Bancorp Frozen Successor Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
The Fifth Third Bancorp Master Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Willis Towers Watson US LLC | Schedule C ↗ |
| Independent auditor | Deloitte & Touche LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Fifth Third Bancorp match 401(k) contributions?
The match terms for the Fifth Third Bancorp 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $114M in employer contributions, about $4,900 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Fifth Third Bancorp 401(k) match vested?
The vesting schedule for the Fifth Third Bancorp 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Fifth Third Bancorp 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Trust Company, LLC. The plan administrator is Fifth Third Bancorp.
I left Fifth Third Bancorp. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Fifth Third Bancorp, (513) 534-4521) or the recordkeeper, Empower Trust Company, LLC. The Fifth Third Bancorp old 401(k) page lists the contacts from every plan filing. Find an old Fifth Third Bancorp 401(k)
Data from the public Form 5500 annual reports Fifth Third Bancorp filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Fifth Third Bancorp. Not financial advice. Report a correction · Methodology