401(k) · DOL Form 5500 · 2023

First Citizens Bank Corp. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
221
Participants Below avg headcount
81st
Percentile by assets National rank
$160,608
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Citizens Bank Corp. 401(k) Savings Plan · Sponsored by First Citizens Bank Corp. · Iowa · Finance & Insurance

$35M in assets, 221 participants

First Citizens Bank Corp.'s First Citizens Bank Corp. 401(k) Savings Plan reported $35M in total assets and 221 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.

  • #6,368 in Finance & Insurance (8,869 peers)

Coverage in Iowa

First Citizens Bank Corp. 401(k) Savings Plan covers 221 participants in Iowa, about 36% of the average Iowa filer (state average ~609 per filing). Assets: $35M.

#6,368
in Finance & Insurance (8,869 peers)
+18.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

First Citizens Bank Corp. 401(k) Savings Plan's outsized position by total assets

First Citizens Bank Corp. 401(k) Savings Plan vs every filed plan by assets

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

$35,494,385 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 Citizens Bank Corp. 401(k) Savings 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 Citizens Bank Corp. 401(k) Savings Plan sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Citizens Bank Corp. 401(k) Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • First Citizens Bank Corp. 401(k) Savings Plan end-of-year assets rose from $30M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • First Citizens Bank Corp. 401(k) Savings Plan reported participants rose from 203 in the plan year 2022 filing to 221 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 421113318 · First Citizens Bank Corp. PY 2023 · 401(k)

First Citizens Bank Corp. 401(k) Savings Plan · $35M · 221 · 81st

  • RANK $35M
  • PHOTO 221
  • IND 81st
  • EOY 401(k)
  • 5500 near Lerner Corporation 401(k) Plan
  • ASSETS ind #6368

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 Iowa →

First Citizens Bank Corp. 401(k) Savings Plan in the asset neighbourhood

Fort Collins Radiologic Associates, P. C. Profit Sharing PlanFort Collins Radiologic Asso…$35MSchaedler Yesco Distribution Inc. 401(k) PlanSchaedler Yesco Distribution…$36MFirst Citizens Bank Corp. 401(k) Savings PlanFirst Citizens Bank Corp. 40…$35MLerner Corporation 401(k) PlanLerner Corporation 401(k) Pl…$35MDemandbase 401(k) Plan$35M
End-of-year total assets ($M) among First Citizens Bank Corp. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$35M
Net Income$5M
Employer EIN421113318
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Citizens Bank Corp.)

Sponsor-wide plan assets over time

All First Citizens Bank Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 19.81414810302251% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $64.5M $77.2M ▲ +19.8%
Year Plans Participants Total Assets
2022 2 389 $64M
2023 2 415 $69M
2024 2 413 $77M

Nearby 401(k) Plans in Iowa

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

First Citizens Bank Corp. 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants First Citizens Bank Corp. 401(k) Savings Plan, Total assets ($B): 0.035494385 · Participants: 221First Citizens Bank Corp. 401(k) Savings PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
First Citizens Bank Corp. 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare First Citizens Bank Corp. 401(k) Savings Plan side-by-side with 3 peers →

First Citizens Bank Corp. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Lerner Corporation 401(k) Plan in MD ($35M); by covered participants it is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($35M here).

Similar participant headcount

Nearest other-state filings by covered participants (221 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 Citizens Bank Corp. 401(k) Savings Plan assets move in 2023? ▼
First Citizens Bank Corp. 401(k) Savings Plan grew sharply - up 18.1% during 2023, from $30M to $35M. Reported net income was $5M.
How have First Citizens Bank Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Citizens Bank Corp.'s sponsor-wide assets grew 19.8%, from $64M to $77M.
Where does First Citizens Bank Corp. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
First Citizens Bank Corp. 401(k) Savings 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 Citizens Bank Corp. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lerner Corporation 401(k) Plan in MD ($35M, 336 participants).
Which 401(k) plans cover a similar participant headcount to First Citizens Bank Corp. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 participants, $3M 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 421113318.

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.