ESOP · DOL Form 5500 · 2022

First Citizens National Bank ESOP

Data updated 2026-08-11

$43M
Total assets
323
Participants
87th
Percentile by assets
$132,284
Avg per participant
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Official DOL plan name: First Citizens National Bank Employee Stock Ownership Plan and Trust · Sponsored by First Citizens National Bank · Tennessee · Finance & Insurance

$43M in assets, 323 participants

First Citizens National Bank's First Citizens National Bank Employee Stock Ownership Plan and Trust reported $43M in total assets and 323 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 139,126 plans)
  • #7,273 in Finance & Insurance (9,261 peers)

Coverage in Tennessee

First Citizens National Bank Employee Stock Ownership Plan and Trust covers 323 participants in Tennessee, about 29% of the average Tennessee filer (state average ~1,126 per filing). Assets: $43M.

$43M
total plan assets (2022 EOY)
323
covered participants
87th
percentile by assets (of 139,126 plans)
$132,284
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where First Citizens National Bank Employee Stock Ownership Plan and Trust sits by total assets

First Citizens National Bank Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$42,727,817 Top 13% higher than 87% 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
Tennessee
Industry
Finance & Insurance

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. First Citizens National Bank Employee Stock Ownership Plan and Trust reports 323 participants - about 29% of that state average ($43M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$43M
Net Income-$4M
Employer EIN620201100
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Citizens National Bank)

$65M$70M$75M$80M 202220232024 $73.3M $76M ▲ +3.7%
Total plan assets by year, all First Citizens National Bank plans on file
Year Plans Participants Total Assets
2022 2 625 $73M
2023 2 576 $68M
2024 2 565 $76M

Nearby ESOP Plans in Tennessee

Peer ESOP plans, same state, same plan type, ranked by total assets.

First Citizens National Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0100200300400500 Total assets ($M) Participants First Citizens Natio…, Total assets ($M): 42.727817 · Participants: 323First Citizens Natio…Barr Brands Internat…, Total assets ($M): 448.826239 · Participants: 312Barr Brands Internat…Zander Group Holding…, Total assets ($M): 199.960184 · Participants: 184Zander Group Holding…3ls, Inc. Employee S…, Total assets ($M): 118.475903 · Participants: 5053ls, Inc. Employee S…Paladin Capital, Inc…, Total assets ($M): 99.01375 · Participants: 3771Paladin Capital, Inc…Churchill Holdings, …, Total assets ($M): 93.135811 · Participants: 512Churchill Holdings, …
First Citizens National Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare First Citizens National Bank Employee St… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to First Citizens National Bank Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did First Citizens National Bank Employee Stock Ownership Plan and Trust assets move in 2022? ▼
First Citizens National Bank Employee Stock Ownership Plan and Trust pulled back noticeably - down 8.8% during 2022, from $47M to $43M. Reported net income was -$4M.
How have First Citizens National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Citizens National Bank's sponsor-wide assets grew 3.7%, from $73M to $76M.
Where does First Citizens National Bank Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
First Citizens National Bank Employee Stock Ownership Plan and Trust ranks in the 87th 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 ESOP plans are similar in size to First Citizens National Bank Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Kraft Fluid Systems, Inc. Employee Stock Ownership Plan and Trust in OH ($43M, 42 participants).

Next read for First Citizens National Bank Employee St…

Filing takeaways

Ways to act on First Citizens National Bank Employee Stock Ownership Plan and Trust's numbers.

  • By total assets, First Citizens National Bank Employee Stock Ownership Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
  • First Citizens National Bank's sponsor-wide assets have grown 3.7% 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 620201100.

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.