ESOP · DOL Form 5500 · 2022

First Citizens National Bank ESOP

Data updated 2026-08-25

$43M
Total assets Below avg plan size
323
Participants Below avg headcount
87th
Percentile by assets National rank
$132,284
Avg per participant Near avg balance/head
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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.

  • #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.

#7,273
in Finance & Insurance (9,261 peers)
-8.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

First Citizens National Bank Employee Stock Ownership Plan and Trust's outsized position 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 $2,050,000,000 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 National Bank Employee Stock Ownership Plan and Trust 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 National Bank Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (323 participants).

Form 5500 schedule snapshot

Filing strip 620201100 · First Citizens National Bank PY 2022 · ESOP

First Citizens National Bank Employee Stock Ownership Plan and Trust · $43M · 323 · 87th

  • EIN $43M
  • RANK 323
  • PHOTO 87th
  • IND ESOP
  • EOY near Kraft Fluid Systems, Inc. Employee Stock Ownership Plan and Trust
  • 5500 ind #7273

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 What is an ESOP? → · Plans in Tennessee →

First Citizens National Bank Employee Stock Ownership Plan and Trust in the asset neighbourhood

Boston, Inc. Employee Stock Ownership PlanBoston, Inc. Employee Stock …$43MFlynn Burner Corporation Employee Stock Ownership Plan & TrustFlynn Burner Corporation Emp…$43MMarkey's Audio/Visual Employee Stock Ownership PlanMarkey's Audio/Visual Employ…$43MKraft Fluid Systems, Inc. Employee Stock Ownership Plan and TrustKraft Fluid Systems, Inc. Em…$43MFirst Citizens National Bank Employee Stock Ownership Plan and TrustFirst Citizens National Bank…$43M
End-of-year total assets ($M) among First Citizens National Bank Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All First Citizens National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$76M 3.7375309307730897% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $73.3M $76M ▲ +3.7%
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 ($M) Participants First Citizens National Bank Employee Stock Ownership Plan and Trust, Total assets ($M): 42.727817 · Participants: 323First Citizens National Bank Employee Stock Ownership Plan and TrustBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 448.826239 · Participants: 312Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 199.960184 · Participants: 184Zander Group Holdings, Inc. Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.475903 · Participants: 5053ls, Inc. Employee Stock Ownership PlanPaladin Capital, Inc. ESOP, Total assets ($M): 99.01375 · Participants: 3771Paladin Capital, Inc. ESOPChurchill Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 93.135811 · Participants: 512Churchill Holdings, Inc. Employee Stock Ownership Plan
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 Stock Ownership Plan and Trust side-by-side with 3 peers →

First Citizens National Bank Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Tennessee, the nearest ESOP by assets is Kraft Fluid Systems, Inc. Employee Stock Ownership Plan and Trust in OH ($43M); by covered participants it is Carestar, Inc. Employee Stock Ownership Plan in OH (323 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (323 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 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).
Which ESOP plans cover a similar participant headcount to First Citizens National Bank Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Carestar, Inc. Employee Stock Ownership Plan in OH (323 participants, $61M 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 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.