First Horizon 401(k) match, vesting and fees
What First Horizon'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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 27 defined-contribution plans in finance and insurance with 5,000 to 9,999 participants.
| First Horizon: employer contribution per participant | $3,876 | |
| Peer median | $3,569 |
| First Horizon: average balance | $136,119 | |
| Peer median | $136,119 |
| First Horizon: admin expenses ÷ assets | 0.10% | |
| 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 $999M at the end of plan year 2021 to $1.3B at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 9,529 | $1.3B | $36.1M | $3,876 | 0.10% | Not published | Form 5500 ↗ |
| 2024 | 10,136 | $1.1B | $36.1M | $3,738 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 10,003 | $980M | $35.1M | $3,588 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 10,266 | $931M | $34.8M | $3,498 | 0.11% | Not published | Form 5500 ↗ |
| 2021 | 10,192 | $999M | $36.2M | $3,666 | 0.11% | Not published | Form 5500 ↗ |
Other First Horizon plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
First Horizon Corporation Pension 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.
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does First Horizon match 401(k) contributions?
The match terms for the First Horizon Corporation Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $36.1M in employer contributions, about $3,876 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the First Horizon 401(k) match vested?
The vesting schedule for the First Horizon Corporation Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the First Horizon 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Transamerica Retirement Solutions. The plan administrator is First Horizon Corporation.
I left First Horizon. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (First Horizon Corporation, (901) 523-4604) or the recordkeeper, Transamerica Retirement Solutions. The First Horizon old 401(k) page lists the contacts from every plan filing. Find an old First Horizon 401(k)
Data from the public Form 5500 annual reports First Horizon filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 First Horizon. Not financial advice. Report a correction · Methodology