Defined Benefit (Pension) · DOL Form 5500 · 2022

First-Citizens Bank & Trust Company Pension Plan

Data updated 2026-08-11

$201M
Total assets
316
Participants
96th
Percentile by assets
$636,914
Avg per participant
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Official DOL plan name: First Citizens Bank & Trust Company, Inc. Pension Plan · Sponsored by First-Citizens Bank & Trust Company · North Carolina · Finance & Insurance

$201M in assets, 316 participants

First-Citizens Bank & Trust Company's First Citizens Bank & Trust Company, Inc. Pension Plan reported $201M in total assets and 316 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #8,573 in Finance & Insurance (9,261 peers)

Coverage in North Carolina

First Citizens Bank & Trust Company, Inc. Pension Plan covers 316 participants in North Carolina, about 39% of the average North Carolina filer (state average ~819 per filing). Assets: $201M.

$201M
total plan assets (2022 EOY)
316
covered participants
96th
percentile by assets (of 139,126 plans)
$636,914
avg assets per participant

The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where First Citizens Bank & Trust Company, Inc. Pension Plan sits by total assets

First Citizens Bank & Trust Company, Inc. Pension Plan vs every filed plan by assets

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

$201,264,772 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
North Carolina
Industry
Finance & Insurance

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. First Citizens Bank & Trust Company, Inc. Pension Plan reports 316 participants - about 39% of that state average ($201M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$247M
Net Assets (End of Year)$201M
Net Income-$46M
Employer EIN560223230
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First-Citizens Bank & Trust Company)

$3B$3.5B$4B$4.5B$5B 202220232024 $3.29B $4.7B ▲ +42.9%
Total plan assets by year, all First-Citizens Bank & Trust Company plans on file
Year Plans Participants Total Assets
2022 5 9,372 $3.3B
2023 5 8,612 $4.1B
2024 5 17,863 $4.7B

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

First Citizens Bank & Trust Company, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

First Citizens Bank & Trust Company, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants First Citizens Bank …Honeywell Retirement…Truist Financial Cor…Duke Energy Legacy P…Duke Energy Retireme…Time Warner Cable Pe…
First Citizens Bank & Trust Company, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare First Citizens Bank & Trust Company, Inc… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to First Citizens Bank & Trust Company, Inc. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did First Citizens Bank & Trust Company, Inc. Pension Plan assets move in 2022? ▼
First Citizens Bank & Trust Company, Inc. Pension Plan declined sharply - down 18.5% during 2022, from $247M to $201M. Reported net income was -$46M.
How have First-Citizens Bank & Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First-Citizens Bank & Trust Company's sponsor-wide assets grew 42.9%, from $3.3B to $4.7B.
Where does First Citizens Bank & Trust Company, Inc. Pension Plan rank by assets among Form 5500 filers? ▼
First Citizens Bank & Trust Company, Inc. Pension Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to First Citizens Bank & Trust Company, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of Children's Hospital Medical Center of Akron in OH ($201M, 1,037 participants).

Next read for First Citizens Bank & Trust Company, Inc…

Filing takeaways

Ways to act on First Citizens Bank & Trust Company, Inc. Pension Plan's numbers.

  • By total assets, First Citizens Bank & Trust Company, Inc. Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
  • First-Citizens Bank & Trust Company's sponsor-wide assets have grown 42.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 560223230.

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.