Defined Benefit (Pension) · DOL Form 5500 · 2024
First-Citizens Bank & Trust Company Pension Plan
Data updated 2026-08-25
- $243M
- Total assets Near avg plan size
- 266
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $914,139
- Avg per participant High balance/head
Official DOL plan name: First Citizens Bank & Trust Company, Inc. Pension Plan · Sponsored by First-Citizens Bank & Trust Company · North Carolina · Finance & Insurance
$243M in assets, 266 participants
First-Citizens Bank & Trust Company's First Citizens Bank & Trust Company, Inc. Pension Plan reported $243M in total assets and 266 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #7,859 in Finance & Insurance (8,549 peers)
Coverage in North Carolina
First Citizens Bank & Trust Company, Inc. Pension Plan covers 266 participants in North Carolina, about 32% of the average North Carolina filer (state average ~819 per filing). Assets: $243M.
- #7,859
- in Finance & Insurance (8,549 peers)
- +5.0%
- assets growth YoY
- 2.4×
- vs typical plan assets (national mean)
First Citizens Bank & Trust Company, Inc. Pension Plan's outsized position by total assets
First Citizens Bank & Trust Company, Inc. Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$243,160,881 Top 5% higher than 95% of 123,620 filed plans
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, Inc. 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, Inc. Pension Plan sits mid-pack in the medium band (266 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- First Citizens Bank & Trust Company, Inc. Pension Plan reported net income fell from $30M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- First Citizens Bank & Trust Company, Inc. Pension Plan reported participants fell from 288 in the plan year 2023 filing to 266 in the plan year 2024 filing.
- First Citizens Bank & Trust Company, Inc. Pension Plan end-of-year assets rose from $232M in the plan year 2023 filing to $243M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 560223230 · First-Citizens Bank & Trust Company PY 2024 · Defined Benefit (Pension)
First Citizens Bank & Trust Company, Inc. Pension Plan · $243M · 266 · 95th
- SCH $243M
- EBSA 266
- PART 95th
- TYPE Defined Benefit (Pension)
- NET near Catholic Medical Center Pension Plan
- BOOK ind #7859
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, Inc. Pension Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $232M |
|---|---|
| Net Assets (End of Year) | $243M |
| Net Income | $12M |
| Employer EIN | 560223230 |
| Plan Effective Date | 1970-01-01 |
| 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 Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
First Citizens Bank & Trust Company, Inc. 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 Catholic Medical Center Pension Plan in NH ($243M); by covered participants it is Buck Consultants Retirement Plan in NJ (266 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($243M here).
- Catholic Medical Center Pension Plan (NH) $243M · 352
- The Teknor Apex Company Retirement Plan (RI) $243M · 759
- Baxter Healthcare of Puerto Rico Pension Plan (IL) $244M · 656
- Retirement Plan for Employees of Matson (CA) $242M · 729
Similar participant headcount
Nearest other-state filings by covered participants (266 participants); asset peers above are excluded.
- Buck Consultants Retirement Plan (NJ) 266 · 0 off
- Ada S. Mckinley Community Services, Inc. Retirement Income Plan (IL) 266 · 0 off
- M.S.S.a.-I.L.a. Pension Plan (AL) 266 · 0 off
- Wesbanco, Inc. Defined Benefit Pension Plan (WV) 267 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.