401(k) · DOL Form 5500 · 2022
First-Citizens Bank & Trust Company 401(k) Plan
Data updated 2026-08-11
- $317M
- Total assets
- 931
- Participants
- 97th
- Percentile by assets
- $340,295
- Avg per participant
Official DOL plan name: The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers · Sponsored by First-Citizens Bank & Trust Company · North Carolina · Finance & Insurance
$317M in assets, 931 participants
First-Citizens Bank & Trust Company's The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers reported $317M in total assets and 931 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #8,757 in Finance & Insurance (9,261 peers)
Where The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers sits by assets
The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers sits in the top 5% of all filed plans by assets, $317M for 931 participants (~$340,295/participant), down 20.3% in 2022.
- $317M
- total plan assets (2022 EOY)
- 931
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $340,295
- avg assets per participant
The plan reported a net loss of $80M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers sits by total assets
The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$316,814,639 Top 3% higher than 97% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers vs the 2022 asset distribution
By assets, The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $397M |
|---|---|
| Net Assets (End of Year) | $317M |
| Net Income | -$80M |
| Employer EIN | 560223230 |
| Plan Effective Date | 1984-07-01 |
| 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 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers by total assets, not by location.
- Nv5, Inc. 401(k) Profit Sharing Plan (CA) $317M · 2,965
- Stripe, Inc. 401(k) Plan (CA) $317M · 4,637
- Pure Storage, Inc. 401(k) Plan (CA) $317M · 2,966
- Salaried Employees Savings & Investment Plan (PA) $317M · 849
Frequently Asked Questions
How did The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers assets move in 2022? ▼
How have First-Citizens Bank & Trust Company plan assets changed over time? ▼
Where does The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers? ▼
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Ways to act on The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers's numbers.
- By total assets, The Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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