First Horizon Corporation
Overview
First Horizon Corporation sponsors a self-funded health plan that covered 5,926 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 5,926 · prior year 5,853
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- First Horizon Corporation Flex Compensation Plan, plan 506 (5,926 participants); First Horizon Corporation Health and Welfare Benefit Plan, plan 502 (5,623 participants); First Horizon Corporation Health Reimbursement Arrangement, plan 516 (264 participants)
- Broker compensation
- $1.6M across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Delta Dental of Tennessee | Dental | 10,178 | $4.1M | $122K |
| Unum Life Insurance Company of America | Life, Long-term disability, Critical Illness, Accident | 10,909 | $3.1M | $469K |
| The Lincoln National Life Insurance Company | Life, VOL Spouse AD&D, VOL AD&D, Long-term disability | 10,411 | $1.6M | $162K |
| Cigna Health and Life Insurance Company and Affiliates | Vision, Dental | 5,126 | $836K | $25K |
| Unum Insurance Company | Critical Illness, Hospital Indemnity, Accident | 1,308 | $663K | $298K |
| Provident Life and Accident Insurance Company | Long-term disability, Life | 7,419 | $628K | $498K |
| Zurich American Insurance Company | Business Travel Accident | 7,286 | $11K | $2K |
| First Unum Life Insurance Company | Long-term disability | 46 | $8K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 5,926 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- First Horizon Corporation
- Sponsor EIN
- 62-0803242
- Plan numbers
- 506, 502, 516
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 62-0803242 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- First Horizon Corporation Savings Plan
- Type
- 401(k) plan
- Participants
- 10,136
About this data
Source: First Horizon Corporation's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with First Horizon Corporation.