401(k) · DOL Form 5500 · 2023

First Commonwealth Financial Corporation 401(k) Plan

Data updated 2026-08-25

$154M
Total assets Near avg plan size
1,445
Participants Near avg headcount
94th
Percentile by assets National rank
$106,729
Avg per participant Below avg balance/head
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Official DOL plan name: First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan · Sponsored by First Commonwealth Financial Corporation · Pennsylvania · Finance & Insurance

$154M in assets, 1,445 participants

First Commonwealth Financial Corporation's First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan reported $154M in total assets and 1,445 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #7,997 in Finance & Insurance (8,869 peers)

Where First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan sits by assets

First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan sits in the top 10% of all filed plans by assets, $154M for 1,445 participants (~$106,729/participant), up 21.0% in 2023.

#7,997
in Finance & Insurance (8,869 peers)
+21.0%
assets growth YoY
1.5×
vs typical plan assets (national mean)

First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan's outsized position by total assets

First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan vs every filed plan by assets

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

$154,223,739 Top 6% higher than 94% 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 Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan lands in the large band (1,445 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan reported net income rose from -$38M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan end-of-year assets rose from $127M in the plan year 2022 filing to $154M in the plan year 2023 filing.
  • First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan reported participants rose from 1,434 in the plan year 2022 filing to 1,445 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 251428528 · First Commonwealth Financial Corporation PY 2023 · 401(k)

First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan · $154M · 1,445 · 94th

  • NET $154M
  • BOOK 1,445
  • VS-ST 94th
  • BOY 401(k)
  • SCH near Pioneer Telephone Cooperative, Inc. 401(k) Plan
  • EBSA ind #7997

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 Pennsylvania →

First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan in the asset neighbourhood

Nexsen Pruet 401(k) Profit Sharing PlanNexsen Pruet 401(k) Profit S…$154MFirst Commonwealth Financial Corporation 401(k) Retirement Savings and Investment PlanFirst Commonwealth Financial…$154MPioneer Telephone Cooperative, Inc. 401(k) PlanPioneer Telephone Cooperativ…$154MNepc, LLC Profit Sharing and 401(k) PlanNepc, LLC Profit Sharing and…$154MYuma Regional Medical Center 401(k) PlanYuma Regional Medical Center…$154M
End-of-year total assets ($M) among First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$154M
Net Income$27M
Employer EIN251428528
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Commonwealth Financial Corporation)

Sponsor-wide plan assets over time

All First Commonwealth Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$176M 38.15434196307356% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $127M $176M ▲ +38.2%
Year Plans Participants Total Assets
2022 1 1,434 $127M
2023 1 1,445 $154M
2024 1 1,475 $176M

Nearby 401(k) Plans in Pennsylvania

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

First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan, Total assets ($B): 0.154223739 · Participants: 1445First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Pioneer Telephone Cooperative, Inc. 401(k) Plan in OK ($154M); by covered participants it is Quality Restaurant Concepts, LLC 401(k) Retirement Plan in AL (1,445 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($154M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,445 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 Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan assets move in 2023?
First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan grew sharply - up 21.0% during 2023, from $127M to $154M. Reported net income was $27M.
How have First Commonwealth Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), First Commonwealth Financial Corporation's sponsor-wide assets grew 38.2%, from $127M to $176M.
Where does First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan rank by assets among Form 5500 filers?
First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Pioneer Telephone Cooperative, Inc. 401(k) Plan in OK ($154M, 538 participants).
Which 401(k) plans cover a similar participant headcount to First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Quality Restaurant Concepts, LLC 401(k) Retirement Plan in AL (1,445 participants, $6M in assets).