401(k) · DOL Form 5500 · 2022

First Citizens Financial Corp. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
203
Participants Below avg headcount
83rd
Percentile by assets National rank
$148,014
Avg per participant Above avg balance/head
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Official DOL plan name: First Citizens Financial Corp. 401(k) Savings Plan · Sponsored by First Citizens Financial Corp. · Iowa · Finance & Insurance

$30M in assets, 203 participants

First Citizens Financial Corp.'s First Citizens Financial Corp. 401(k) Savings Plan reported $30M in total assets and 203 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,691 in Finance & Insurance (9,261 peers)

Coverage in Iowa

First Citizens Financial Corp. 401(k) Savings Plan covers 203 participants in Iowa, about 33% of the average Iowa filer (state average ~609 per filing). Assets: $30M.

#6,691
in Finance & Insurance (9,261 peers)
-17.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Citizens Financial Corp. 401(k) Savings Plan's outsized position by total assets

First Citizens Financial Corp. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$30,046,764 Top 17% higher than 83% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First Citizens Financial Corp. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Citizens Financial Corp. 401(k) Savings Plan sits mid-pack in the medium band (203 participants).

Form 5500 schedule snapshot

Filing strip 421113318 · First Citizens Financial Corp. PY 2022 · 401(k)

First Citizens Financial Corp. 401(k) Savings Plan · $30M · 203 · 83rd

  • IND $30M
  • EOY 203
  • 5500 83rd
  • ASSETS 401(k)
  • PCT near Swenson Granite 401(k) Retirement Plan
  • EIN ind #6691

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Iowa →

First Citizens Financial Corp. 401(k) Savings Plan in the asset neighbourhood

First Citizens Financial Corp. 401(k) Savings PlanFirst Citizens Financial Cor…$30MSwenson Granite 401(k) Retirement PlanSwenson Granite 401(k) Retir…$30MC.T. Male Associates Retirement PlanC.T. Male Associates Retirem…$30MBrennan Companies 401(k) and Profit Sharing PlanBrennan Companies 401(k) and…$30MSomalogic, Inc. 401(k) Plan$30M
End-of-year total assets ($M) among First Citizens Financial Corp. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$30M
Net Income-$6M
Employer EIN421113318
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Citizens Financial Corp.)

Sponsor-wide plan assets over time

All First Citizens Financial Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 19.81414810302251% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $64.5M $77.2M ▲ +19.8%
Year Plans Participants Total Assets
2022 2 389 $64M
2023 2 415 $69M
2024 2 413 $77M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

First Citizens Financial Corp. 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants First Citizens Financial Corp. 401(k) Savings Plan, Total assets ($B): 0.030046764 · Participants: 203First Citizens Financial Corp. 401(k) Savings PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
First Citizens Financial Corp. 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare First Citizens Financial Corp. 401(k) Savings Plan side-by-side with 3 peers →

First Citizens Financial Corp. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Swenson Granite 401(k) Retirement Plan in VT ($30M); by covered participants it is Symbol Mattress 401(k) Plan in VA (203 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (203 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Citizens Financial Corp. 401(k) Savings Plan assets move in 2022? ▼
First Citizens Financial Corp. 401(k) Savings Plan declined sharply - down 17.6% during 2022, from $36M to $30M. Reported net income was -$6M.
How have First Citizens Financial Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Citizens Financial Corp.'s sponsor-wide assets grew 19.8%, from $64M to $77M.
Where does First Citizens Financial Corp. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
First Citizens Financial Corp. 401(k) Savings Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First Citizens Financial Corp. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Swenson Granite 401(k) Retirement Plan in VT ($30M, 123 participants).
Which 401(k) plans cover a similar participant headcount to First Citizens Financial Corp. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Symbol Mattress 401(k) Plan in VA (203 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421113318.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.