Defined Benefit (Pension) · DOL Form 5500 · 2022
First-Citizens Bank & Trust Company Pension Plan
Data updated 2026-08-11
- $897M
- Total assets
- 1,125
- Participants
- 99th
- Percentile by assets
- $797,743
- Avg per participant
Official DOL plan name: First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan · Sponsored by First-Citizens Bank & Trust Company · North Carolina · Finance & Insurance
$897M in assets, 1,125 participants
First-Citizens Bank & Trust Company's First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan reported $897M in total assets and 1,125 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #9,042 in Finance & Insurance (9,261 peers)
Where First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan sits by assets
First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan sits among the largest 1% of all filed plans, $897M for 1,125 participants (~$797,743/participant), down 18.3% in 2022.
- $897M
- total plan assets (2022 EOY)
- 1,125
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $797,743
- avg assets per participant
The plan reported a net loss of $201M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan vs the 2022 asset distribution
By assets, First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan outranks 99% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 9.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $897M |
| Net Income | -$201M |
| Employer EIN | 560223230 |
| Plan Effective Date | 1951-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First-Citizens Bank & Trust Company)
| 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 and Adopting Related Employers Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan by total assets, not by location.
- Entergy Corporation Retirement Plan for Bargaining Employees (LA) $898M · 2,853
- Land O'lakes, Inc. Employee Retirement Plan (MN) $896M · 1,501
- Lehigh Hanson Pension Plan (TX) $899M · 1,728
- Unicare Retirement Plan (NJ) $901M · 1,236
Frequently Asked Questions
How did First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan assets move in 2022? ▼
How have First-Citizens Bank & Trust Company plan assets changed over time? ▼
Where does First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan? ▼
Next read for First-Citizens Bank & Trust Company and …
Scale reading
Ways to act on First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan's numbers.
- By total assets, First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan ranks among the largest 1% of all filed plans. 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