401k Plan data: CAPITAL BANK 401(K) PLAN plan

CAPITAL BANK 401(K) PLAN 401k Plan overview

Plan Name	CAPITAL BANK 401(K) PLAN
Plan identification number	007

CAPITAL BANK 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FIRST HORIZON CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: FIRST HORIZON CORPORATION

Employer identification number (EIN): 620803242

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about FIRST HORIZON CORPORATION

Jurisdiction of Incorporation: Tennessee Secretary of State Division of Business Services

Incorporation Date:

Company Identification Number: 000011181

More information about FIRST HORIZON CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CAPITAL BANK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
007 2018-01-01 KIM ANDERSON
007 2017-01-01 KIM ANDERSON
007 2017-01-01 KIM ANDERSON

Plan id#	Filing Submission Date	Name of Administrator
007	2018-01-01	KIM ANDERSON
007	2017-01-01	KIM ANDERSON
007	2017-01-01	KIM ANDERSON

Plan Statistics for CAPITAL BANK 401(K) PLAN

401k plan membership statisitcs for CAPITAL BANK 401(K) PLAN

Measure Date Value
2018: CAPITAL BANK 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 2,236
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: CAPITAL BANK 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 1,739
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1,653
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 581
Total of all active and inactive participants 2017-01-01 2,234
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 2
Total participants 2017-01-01 2,236
Number of participants with account balances 2017-01-01 1,851
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 2

Measure	Date	Value
2018: CAPITAL BANK 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	2,236
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: CAPITAL BANK 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	1,739
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1,653
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	581
Total of all active and inactive participants	2017-01-01	2,234
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	2
Total participants	2017-01-01	2,236
Number of participants with account balances	2017-01-01	1,851
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	2

Financial Data on CAPITAL BANK 401(K) PLAN

Measure	Date	Value
2018 : CAPITAL BANK 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-07-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-07-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-07-31	$0
Total income from all sources (including contributions)	2018-07-31	$1,162,766
Total loss/gain on sale of assets	2018-07-31	$-3,257
Total of all expenses incurred	2018-07-31	$61,997,379
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-07-31	$61,914,405
Expenses. Certain deemed distributions of participant loans	2018-07-31	$41,485
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-07-31	$0
Value of total assets at end of year	2018-07-31	$0
Value of total assets at beginning of year	2018-07-31	$60,834,613
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-07-31	$41,489
Total interest from all sources	2018-07-31	$5,775
Total dividends received (eg from common stock, registered investment company shares)	2018-07-31	$1,578
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-07-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2018-07-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2018-07-31	$1,578
Was this plan covered by a fidelity bond	2018-07-31	Yes
Value of fidelity bond cover	2018-07-31	$10,000,000
If this is an individual account plan, was there a blackout period	2018-07-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-07-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-07-31	No
Participant contributions at end of year	2018-07-31	$0
Participant contributions at beginning of year	2018-07-31	$1,308,907
Administrative expenses (other) incurred	2018-07-31	$40,764
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-07-31	No
Value of net income/loss	2018-07-31	$-60,834,613
Value of net assets at end of year (total assets less liabilities)	2018-07-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2018-07-31	$60,834,613
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-07-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-07-31	No
Were any leases to which the plan was party in default or uncollectible	2018-07-31	No
Investment advisory and management fees	2018-07-31	$725
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-07-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-07-31	$53,089,045
Interest on participant loans	2018-07-31	$3,595
Value of interest in common/collective trusts at end of year	2018-07-31	$0
Value of interest in common/collective trusts at beginning of year	2018-07-31	$3,365,057
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-07-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-07-31	$2,440,499
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-07-31	$2,440,499
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-07-31	$2,180
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-07-31	$1,156,030
Net investment gain or loss from common/collective trusts	2018-07-31	$2,640
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-07-31	No
Was there a failure to transmit to the plan any participant contributions	2018-07-31	No
Has the plan failed to provide any benefit when due under the plan	2018-07-31	No
Assets. Invements in employer securities at end of year	2018-07-31	$0
Assets. Invements in employer securities at beginning of year	2018-07-31	$631,105
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-07-31	$61,914,405
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2018-07-31	Yes
Did the plan have assets held for investment	2018-07-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-07-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-07-31	Yes
Aggregate proceeds on sale of assets	2018-07-31	$627,848
Aggregate carrying amount (costs) on sale of assets	2018-07-31	$631,105
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-07-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-07-31	Disclaimer
Accountancy firm name	2018-07-31	CROWE LLP
Accountancy firm EIN	2018-07-31	350921680
2017 : CAPITAL BANK 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets	2017-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$-9,324
Total unrealized appreciation/depreciation of assets	2017-12-31	$-9,324
Total transfer of assets to this plan	2017-12-31	$21,777,900
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Expenses. Interest paid	2017-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$16,556,798
Total loss/gain on sale of assets	2017-12-31	$75,357
Total of all expenses incurred	2017-12-31	$21,496,745
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$21,310,995
Expenses. Certain deemed distributions of participant loans	2017-12-31	$18,470
Value of total corrective distributions	2017-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$6,069,585
Value of total assets at end of year	2017-12-31	$60,834,613
Value of total assets at beginning of year	2017-12-31	$43,996,660
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$167,280
Total income from rents	2017-12-31	$0
Total interest from all sources	2017-12-31	$103,756
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$2,367,817
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2017-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$2,359,182
Assets. Real estate other than employer real property at end of year	2017-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2017-12-31	$0
Administrative expenses professional fees incurred	2017-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2017-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2017-12-31	$0
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$4,940,838
Participant contributions at end of year	2017-12-31	$1,308,907
Participant contributions at beginning of year	2017-12-31	$1,074,245
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$466,009
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$0
Assets. Loans (other than to participants) at end of year	2017-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2017-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$0
Other income not declared elsewhere	2017-12-31	$0
Administrative expenses (other) incurred	2017-12-31	$152,893
Liabilities. Value of operating payables at end of year	2017-12-31	$0
Liabilities. Value of operating payables at beginning of year	2017-12-31	$0
Total non interest bearing cash at end of year	2017-12-31	$0
Total non interest bearing cash at beginning of year	2017-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Income. Non cash contributions	2017-12-31	$0
Value of net income/loss	2017-12-31	$-4,939,947
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$60,834,613
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$43,996,660
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Assets. partnership/joint venture interests at end of year	2017-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2017-12-31	$0
Investment advisory and management fees	2017-12-31	$14,387
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$53,089,045
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$37,777,848
Value of interest in pooled separate accounts at end of year	2017-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$0
Interest on participant loans	2017-12-31	$68,911
Income. Interest from loans (other than to participants)	2017-12-31	$0
Interest earned on other investments	2017-12-31	$0
Income. Interest from US Government securities	2017-12-31	$0
Income. Interest from corporate debt instruments	2017-12-31	$0
Value of interest in master investment trust accounts at end of year	2017-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2017-12-31	$0
Value of interest in common/collective trusts at end of year	2017-12-31	$3,365,057
Value of interest in common/collective trusts at beginning of year	2017-12-31	$1,346,207
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$2,440,499
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$3,051,669
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$3,051,669
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$34,845
Assets. Value of investments in 103.12 investment entities at end of year	2017-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2017-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2017-12-31	$0
Asset value of US Government securities at end of year	2017-12-31	$0
Asset value of US Government securities at beginning of year	2017-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$7,873,030
Net investment gain/loss from pooled separate accounts	2017-12-31	$0
Net investment gain or loss from common/collective trusts	2017-12-31	$76,577
Net gain/loss from 103.12 investment entities	2017-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Invements in employer securities at end of year	2017-12-31	$631,105
Assets. Invements in employer securities at beginning of year	2017-12-31	$746,691
Assets. Value of employer real property at end of year	2017-12-31	$0
Assets. Value of employer real property at beginning of year	2017-12-31	$0
Contributions received in cash from employer	2017-12-31	$662,738
Employer contributions (assets) at end of year	2017-12-31	$0
Employer contributions (assets) at beginning of year	2017-12-31	$0
Income. Dividends from preferred stock	2017-12-31	$0
Income. Dividends from common stock	2017-12-31	$8,635
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$21,310,995
Asset. Corporate debt instrument preferred debt at end of year	2017-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2017-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2017-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2017-12-31	$0
Contract administrator fees	2017-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	Yes
Assets. Corporate common stocks other than exployer securities at end of year	2017-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2017-12-31	$0
Liabilities. Value of benefit claims payable at end of year	2017-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2017-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2017-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2017-12-31	$0
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$874,941
Aggregate carrying amount (costs) on sale of assets	2017-12-31	$799,584
Liabilities. Value of acquisition indebtedness at end of year	2017-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2017-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	CROWE LLP
Accountancy firm EIN	2017-12-31	350921680

Form 5500 Responses for CAPITAL BANK 401(K) PLAN

2018: CAPITAL BANK 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: CAPITAL BANK 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIRST HORIZON CORPORATION
Employer identification number (EIN):	620803242
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Tennessee Secretary of State Division of Business Services
Incorporation Date:
Company Identification Number:	000011181