401(k) · DOL Form 5500 · 2024
First-Citizens Bank & Trust Company 401(k) Plan
Data updated 2026-08-25
- $363M
- Total assets Above avg plan size
- 753
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $482,442
- Avg per participant High balance/head
Official DOL plan name: First-Citizens Bank & Trust Company Legacy 401(k) Plan · Sponsored by First-Citizens Bank & Trust Company · North Carolina · Finance & Insurance
$363M in assets, 753 participants
First-Citizens Bank & Trust Company's First-Citizens Bank & Trust Company Legacy 401(k) Plan reported $363M in total assets and 753 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #8,025 in Finance & Insurance (8,549 peers)
Where First-Citizens Bank & Trust Company Legacy 401(k) Plan sits by assets
First-Citizens Bank & Trust Company Legacy 401(k) Plan sits in the top 5% of all filed plans by assets, $363M for 753 participants (~$482,442/participant), up 5.7% in 2024.
- #8,025
- in Finance & Insurance (8,549 peers)
- +5.7%
- assets growth YoY
- 3.6×
- vs typical plan assets (national mean)
First-Citizens Bank & Trust Company Legacy 401(k) Plan's outsized position by total assets
First-Citizens Bank & Trust Company Legacy 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$363,278,526 Top 4% higher than 96% 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 Legacy 401(k) 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 Legacy 401(k) Plan sits mid-pack in the medium band (753 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- First-Citizens Bank & Trust Company Legacy 401(k) Plan reported net income fell from $28M in the plan year 2023 filing to $20M in the plan year 2024 filing.
- First-Citizens Bank & Trust Company Legacy 401(k) Plan reported participants fell from 832 in the plan year 2023 filing to 753 in the plan year 2024 filing.
- First-Citizens Bank & Trust Company Legacy 401(k) Plan end-of-year assets rose from $344M in the plan year 2023 filing to $363M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 560223230 · First-Citizens Bank & Trust Company PY 2024 · 401(k)
First-Citizens Bank & Trust Company Legacy 401(k) Plan · $363M · 753 · 96th
- PCT $363M
- EIN 753
- RANK 96th
- PHOTO 401(k)
- IND near Spend Life Wisely Company, Inc. Employee Stock Ownership Plan with 401(k) Features
- EOY ind #8025
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 Legacy 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $344M |
|---|---|
| Net Assets (End of Year) | $363M |
| Net Income | $20M |
| Employer EIN | 560223230 |
| Plan Effective Date | 1984-07-01 |
| 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 $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
First-Citizens Bank & Trust Company Legacy 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Spend Life Wisely Company, Inc. Employee Stock Ownership Plan with 401(k) Features in OK ($363M); by covered participants it is Rosenbauer America, LLC 401(k) Profit Sharing Plan in SD (753 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($363M here).
- Spend Life Wisely Company, Inc. Employee Stock Ownership Plan with 401(k) Features (OK) $363M · 1,941
- Knobbe Martens Olson & Bear, LLP 401(k) Retirement Savings Plan (CA) $363M · 694
- Roku, Inc. 401(k) Plan (CA) $363M · 2,448
- Kraton Savings Plan (TX) $363M · 1,198
Similar participant headcount
Nearest other-state filings by covered participants (753 participants); asset peers above are excluded.
- Rosenbauer America, LLC 401(k) Profit Sharing Plan (SD) 753 · 0 off
- Kirby-Smith Machinery, Inc. 401(k) Profit Sharing Plan (OK) 753 · 0 off
- Landoll Corporation 401(k) Plan (KS) 753 · 0 off
- Stinker Stores Inc. 401(k) Plan (ID) 753 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.