401(k) · DOL Form 5500 · 2024

First Century Bank 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
83
Participants Small participant base
49th
Percentile by assets National rank
$87,809
Avg per participant Below avg balance/head
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Official DOL plan name: First Century Bank 401(k) Plan · Sponsored by First Century Bank · Tennessee · Finance & Insurance

$7M in assets, 83 participants

First Century Bank's First Century Bank 401(k) Plan reported $7M in total assets and 83 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #2,893 in Finance & Insurance (8,549 peers)

First Century Bank multi-year trail

First Century Bank's plans moved +15.7% in assets from 2023 to 2024; this filing shows First Century Bank 401(k) Plan at $7M / 83 participants.

#2,893
in Finance & Insurance (8,549 peers)
+15.7%
assets growth YoY

First Century Bank 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

First Century Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,288,120 49th percentile higher than 49% of 123,620 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 2024

First Century Bank 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Century Bank 401(k) Plan is a small filing (83 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Century Bank 401(k) Plan reported net income rose from $120K in the plan year 2023 filing to $988K in the plan year 2024 filing.
  • First Century Bank 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • First Century Bank 401(k) Plan reported participants rose from 77 in the plan year 2023 filing to 83 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 620161420 · First Century Bank PY 2024 · 401(k)

First Century Bank 401(k) Plan · $7M · 83 · 49th

  • PART $7M
  • TYPE 83
  • NET 49th
  • BOOK 401(k)
  • VS-ST near Lancaster Skin Center, P.C. Roth Safe-Harbor 401(k) Profit Sharing and Trust
  • BOY ind #2893

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 Tennessee →

First Century Bank 401(k) Plan in the asset neighbourhood

First Century Bank 401(k) PlanFirst Century Bank 401(k) Pl…$7MLancaster Skin Center, P.C. Roth Safe-Harbor 401(k) Profit Sharing and TrustLancaster Skin Center, P.C. …$7MM. Roberts Media, LLC 401(k) PlanM. Roberts Media, LLC 401(k)…$7MDavis Furniture Industries, Inc. Employees' 401(k) Plan and TrustDavis Furniture Industries, …$7ML.K.L. Associates, Inc. 401(k) Profit Sharing PlanL.K.L. Associates, Inc. 401(…$7M
End-of-year total assets ($M) among First Century Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

First Century Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Century Bank plans reported in each filing year

Latest sponsor-wide plan assets
$7M 15.68503205095645% vs 2023
2024 filing year
$6M$6.5M$7M$7.5M 20232024 $6.3M $7.29M ▲ +15.7%
Year Plans Participants Total Assets
2023 1 77 $6M
2024 1 83 $7M

First Century Bank filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$988K
Employer EIN620161420
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

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

First Century Bank 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants First Century Bank 401(k) Plan, Total assets ($B): 0.00728812 · Participants: 83First Century Bank 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
First Century Bank 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

First Century Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Lancaster Skin Center, P.C. Roth Safe-Harbor 401(k) Profit Sharing and Trust in PA ($7M); by covered participants it is Pepsi-Cola Bottling Co. of Davenport 401(k) Employee Benefit Plan in IA (83 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Century Bank 401(k) Plan assets move in 2024?
First Century Bank 401(k) Plan grew sharply - up 15.7% during 2024, from $6M to $7M. Reported net income was $988K.
How have First Century Bank plan assets changed over time?
Across 2 plan years on file (2023-2024), First Century Bank's sponsor-wide assets grew 15.7%, from $6M to $7M.
Which 401(k) plans are similar in size to First Century Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Lancaster Skin Center, P.C. Roth Safe-Harbor 401(k) Profit Sharing and Trust in PA ($7M, 10 participants).
Which 401(k) plans cover a similar participant headcount to First Century Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Pepsi-Cola Bottling Co. of Davenport 401(k) Employee Benefit Plan in IA (83 participants, $22M in assets).