401(k) · DOL Form 5500 · 2023

First Co Bancorp, Inc. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
333
Participants Below avg headcount
81st
Percentile by assets National rank
$104,203
Avg per participant Below avg balance/head
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Official DOL plan name: First Co Bancorp, Inc. 401(k) Plan · Sponsored by First Co Bancorp, Inc. · Illinois · Finance & Insurance

$35M in assets, 333 participants

First Co Bancorp, Inc.'s First Co Bancorp, Inc. 401(k) Plan reported $35M in total assets and 333 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,324 in Finance & Insurance (8,869 peers)

Coverage in Illinois

First Co Bancorp, Inc. 401(k) Plan covers 333 participants in Illinois, about 43% of the average Illinois filer (state average ~779 per filing). Assets: $35M.

#6,324
in Finance & Insurance (8,869 peers)
+12.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First Co Bancorp, Inc. 401(k) Plan's outsized position by total assets

First Co Bancorp, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$34,699,635 Top 19% higher than 81% of 127,068 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 2023

First Co Bancorp, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Co Bancorp, Inc. 401(k) Plan sits mid-pack in the medium band (333 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Co Bancorp, Inc. 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • First Co Bancorp, Inc. 401(k) Plan end-of-year assets rose from $31M in the plan year 2022 filing to $35M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 371252711 · First Co Bancorp, Inc. PY 2023 · 401(k)

First Co Bancorp, Inc. 401(k) Plan · $35M · 333 · 81st

  • 5500 $35M
  • 5500 333
  • 5500 81st
  • 5500 401(k)
  • 5500 near Farbest Foods, Inc. Savings and Investment Plan
  • 5500 ind #6324

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 Finance & Insurance retirement plans → · Plans in Illinois →

First Co Bancorp, Inc. 401(k) Plan in the asset neighbourhood

First Co Bancorp, Inc. 401(k) PlanFirst Co Bancorp, Inc. 401(k…$35MFarbest Foods, Inc. Savings and Investment PlanFarbest Foods, Inc. Savings …$35MWaterline Industries Corp. Employee Stock Ownership 401(k) PlanWaterline Industries Corp. E…$35MVoith Employee Savings Plan for Bargaining Unit EmployeesVoith Employee Savings Plan …$35MGsep Retirement Plan$35M
End-of-year total assets ($M) among First Co Bancorp, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$35M
Net Income$4M
Employer EIN371252711
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Co Bancorp, Inc.)

Sponsor-wide plan assets over time

All First Co Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 30.49928324443176% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $30.8M $40.2M ▲ +30.5%
Year Plans Participants Total Assets
2022 1 336 $31M
2023 1 333 $35M
2024 1 339 $40M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

First Co Bancorp, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants First Co Bancorp, Inc. 401(k) Plan, Total assets ($B): 0.034699635 · Participants: 333First Co Bancorp, Inc. 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
First Co Bancorp, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare First Co Bancorp, Inc. 401(k) Plan side-by-side with 3 peers →

First Co Bancorp, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Farbest Foods, Inc. Savings and Investment Plan in IN ($35M); by covered participants it is Lookout, Inc. 401(k) Plan in CA (333 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (333 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Co Bancorp, Inc. 401(k) Plan assets move in 2023? ▼
First Co Bancorp, Inc. 401(k) Plan grew at a solid clip - up 12.6% during 2023, from $31M to $35M. Reported net income was $4M.
How have First Co Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Co Bancorp, Inc.'s sponsor-wide assets grew 30.5%, from $31M to $40M.
Where does First Co Bancorp, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
First Co Bancorp, Inc. 401(k) Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First Co Bancorp, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Farbest Foods, Inc. Savings and Investment Plan in IN ($35M, 1,046 participants).
Which 401(k) plans cover a similar participant headcount to First Co Bancorp, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lookout, Inc. 401(k) Plan in CA (333 participants, $35M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371252711.

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.