401(k) · DOL Form 5500 · 2022
First-Citizens Bank & Trust Company 401(k) Plan
Data updated 2026-08-25
- $1.6B
- Total assets Very large vs avg
- 6,206
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $250,509
- Avg per participant Above avg balance/head
Official DOL plan name: The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp · Sponsored by First-Citizens Bank & Trust Company · North Carolina · Finance & Insurance
$1.6B in assets, 6,206 participants
First-Citizens Bank & Trust Company's The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp reported $1.6B in total assets and 6,206 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,123 in Finance & Insurance (9,261 peers)
Coverage in North Carolina
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp covers 6,206 participants in North Carolina, 7.6x the typical North Carolina plan (state average ~819 per filing). Assets: $1.6B.
- #9,123
- in Finance & Insurance (9,261 peers)
- +132.3%
- assets growth YoY
- 16×
- vs typical plan assets (national mean)
The plan reported a net loss of $66M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp's outsized position by total assets
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,554,658,630 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp lands in the large band (6,206 participants).
Published 5500 schedule card
Filing strip 560223230 · First-Citizens Bank & Trust Company PY 2022 · 401(k)
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp · $1.6B · 6,206 · 99th
- NET $1.6B
- NET 6,206
- NET 99th
- NET 401(k)
- NET near Southern Glazer's 401(k) Plan
- NET ind #9123
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 North Carolina →
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $669M |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | -$66M |
| Employer EIN | 560223230 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First-Citizens Bank & Trust Company)
Sponsor-wide plan assets over time
All First-Citizens Bank & Trust Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.7B 42.94084502286285% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 9,372 | $3.3B |
| 2023 | 5 | 8,612 | $4.1B |
| 2024 | 5 | 17,863 | $4.7B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Scale composition for The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp reports $1.6B in end-of-year assets across 6,206 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $250,509 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2022 was -$66M.
This plan identity (EIN 560223230, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.7B (+72.8%) while covered participants moved from 6,206 to 15,251 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,206 | $1.6B | This page |
| 2023 | 5,777 | $2.2B | Open filing |
| 2024 · index core | 15,251 | $2.7B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- First-Citizens Bank & Trust Company 401(k) Plan (401(k), $2.7B, 15,251 participants)
- First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan (Defined Benefit (Pension), $1.1B, 950 participants)
- First-Citizens Bank & Trust Company Legacy 401(k) Plan (401(k), $363M, 753 participants)
- Cit Group, Inc. Retirement Plan (Defined Benefit (Pension), $314M, 643 participants)
The Enhanced Capital Accumulation Plan for the Employees of First-Citizens Bank & Trust Company and Adopting Related Employers Emp's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Southern Glazer's 401(k) Plan in FL ($1.6B); by covered participants it is Interfoods of America, Inc. Employees Savings Plan in FL (6,204 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.6B here).
- Southern Glazer's 401(k) Plan (FL) $1.6B · 17,622
- Allianz Asset Management of America L.P. 401(k) Savings and Retirement Plan (CA) $1.6B · 2,665
- Triad 401(k) Retirement Plan (NM) $1.5B · 8,535
- Ukg Retirement Savings Plan (FL) $1.5B · 10,754
Similar participant headcount
Nearest other-state filings by covered participants (6,206 participants); asset peers above are excluded.
- Interfoods of America, Inc. Employees Savings Plan (FL) 6,204 · 2 off
- Texo Members 401(k) Plan (TX) 6,202 · 4 off
- Savewisetm Pooled Employer Plan (CA) 6,211 · 5 off
- Designer Brands Inc. 401(k) Plan (OH) 6,215 · 9 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.