Defined Benefit (Pension) · DOL Form 5500 · 2024

First-Citizens Bank & Trust Company Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
950
Participants Near avg headcount
99th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan · Sponsored by First-Citizens Bank & Trust Company · North Carolina · Finance & Insurance

$1.1B in assets, 950 participants

First-Citizens Bank & Trust Company's First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan reported $1.1B in total assets and 950 participants in its 2024 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.

  • #8,312 in Finance & Insurance (8,549 peers)

Where First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan sits by assets

First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan sits among the largest 1% of all filed plans, $1.1B for 950 participants (~$1.1M/participant), up 5.2% in 2024.

#8,312
in Finance & Insurance (8,549 peers)
+5.2%
assets growth YoY
11×
vs typical plan assets (national mean)

First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan's outsized position by total assets

First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan vs every filed plan by assets

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

$1,090,563,114 Top 1% higher than 99% 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-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan sits mid-pack in the medium band (950 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan reported net income fell from $139M in the plan year 2023 filing to $54M in the plan year 2024 filing.
  • First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan reported participants fell from 1,030 in the plan year 2023 filing to 950 in the plan year 2024 filing.
  • First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.1B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 560223230 · First-Citizens Bank & Trust Company PY 2024 · Defined Benefit (Pension)

First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan · $1.1B · 950 · 99th

  • RANK $1.1B
  • PHOTO 950
  • IND 99th
  • EOY Defined Benefit (Pension)
  • 5500 near Molson Coors Pension Plan
  • ASSETS ind #8312

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 →

First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan in the asset neighbourhood

First-Citizens Bank & Trust Company and Adopting Related Employers Pension PlanFirst-Citizens Bank & Trust …$1.1BMolson Coors Pension Plan$1.1BCenterpoint Energy Retirement PlanCenterpoint Energy Retiremen…$1.1BFmc Corporation Employees' Retirement ProgramFmc Corporation Employees' R…$1.1BTribune Media Company Retirement PlanTribune Media Company Retire…$1.1B
End-of-year total assets ($B) among First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.1B
Net Income$54M
Employer EIN560223230
Plan Effective Date1951-01-01
Filing StatusFILING 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
$3B$3.5B$4B$4.5B$5B 202220232024 $3.29B $4.7B ▲ +42.9%
Year Plans Participants Total Assets
2022 5 9,372 $3.3B
2023 5 8,612 $4.1B
2024 5 17,863 $4.7B

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 05101520 Total assets ($B) Participants First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan, Total assets ($B): 1.090563114 · Participants: 950First-Citizens Bank & Trust Company and Adopting Related Employers Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.577892612 · Participants: 9923Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.698665729 · Participants: 38548Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.678 · Participants: 13576Duke Energy Retirement Cash Balance PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.784844379 · Participants: 22655Employees' Retirement Plan of Duke UniversityThe Hearst Corporation Retirement Plan, Total assets ($B): 2.397551709 · Participants: 1745The Hearst Corporation Retirement Plan
First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan side-by-side with 3 peers →

First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Molson Coors Pension Plan in WI ($1.1B); by covered participants it is Clark Equipment Company - Melroe Division, Gwinner, Nd Plant Hourly-Rate Employees' Pension Plan in ND (951 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (950 participants); asset peers above are excluded.

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-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan assets move in 2024? ▼
First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan grew at a solid clip - up 5.2% during 2024, from $1.0B to $1.1B. Reported net income was $54M.
How have First-Citizens Bank & Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First-Citizens Bank & Trust Company's sponsor-wide assets grew 42.9%, from $3.3B to $4.7B.
Where does First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan rank by assets among Form 5500 filers? ▼
First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Molson Coors Pension Plan in WI ($1.1B, 1,596 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Clark Equipment Company - Melroe Division, Gwinner, Nd Plant Hourly-Rate Employees' Pension Plan in ND (951 participants, $101M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560223230.

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.