ESOP · DOL Form 5500 · 2024

First Citizens National Bank ESOP

Data updated 2026-07-24

$39M
Total assets: 281
Participants: 81st
Percentile by assets: $138,990
Avg per participant

Official DOL plan name: First Citizens National Bank ESOP Plan and Trust · Sponsored by First Citizens National Bank · Tennessee · Finance & Insurance

$39M in assets, 281 participants

First Citizens National Bank's First Citizens National Bank ESOP Plan and Trust reported $39M in total assets and 281 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

81st percentile by assets (of 116,472 plans)

Coverage in Tennessee

First Citizens National Bank ESOP Plan and Trust covers 281 participants in Tennessee, about 25% of the average Tennessee filer (state average ~1,122 per filing). Assets: $39M.

$39M
total plan assets (2024 EOY): 281
covered participants: 81st
percentile by assets (of 116,472 plans): $138,990
avg assets per participant

First Citizens National Bank ESOP Plan and Trust reported net income rose from -$7M in the plan year 2023 filing to $3M in the plan year 2024 filing.
First Citizens National Bank ESOP Plan and Trust end-of-year assets rose from $36M in the plan year 2023 filing to $39M in the plan year 2024 filing.
First Citizens National Bank ESOP Plan and Trust reported participants fell from 285 in the plan year 2023 filing to 281 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Tennessee

Industry

Finance & Insurance

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,122 participants across 2,228 plans. First Citizens National Bank ESOP Plan and Trust reports 281 participants - about 25% of that state average ($39M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)	$36M
Net Assets (End of Year)	$39M
Net Income	$3M
Employer EIN	620201100
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (First Citizens National Bank)

Total plan assets by year, all First Citizens National Bank plans on file

Year	Plans	Participants	Total Assets
2022	2	625	$73M
2023	2	576	$68M
2024	2	565	$76M

Nearby ESOP Plans in Tennessee

Peer ESOP plans, same state, same plan type, ranked by total assets.

First Citizens National Bank ESOP Plan and Trust vs. nearby ESOP plans in Tennessee, assets vs. participants

Barr Brands International Amended and Restated Employee Stock Ownership Plan $470M · 403
Zander Group Holdings, Inc. Employee Stock Ownership Plan $247M · 201
National Health Corp Leveraged Employee Stock Ownership Plan $168M · 1,385
3ls, Inc. Employee Stock Ownership Plan $143M · 515
Smith Seckman Reid, Inc. Employee Stock Ownership Plan $116M · 507

Compare First Citizens National Bank ESOP Plan a… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to First Citizens National Bank ESOP Plan and Trust by total assets, not by location.

Club Fitness Employee Stock Ownership Plan (MO) $39M · 195
Kelly-Fradet Lumber Employee Stock Ownership Plan (CT) $39M · 73
Stoneage Employee Stock Ownership Plan (CO) $39M · 153
Aptura Employee Stock Ownership Plan (IN) $39M · 309

Frequently Asked Questions

How did First Citizens National Bank ESOP Plan and Trust assets move in 2024? ▼

First Citizens National Bank ESOP Plan and Trust grew at a solid clip - up 9.6% during 2024, from $36M to $39M. Reported net income was $3M.

How have First Citizens National Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), First Citizens National Bank's sponsor-wide assets grew 3.7%, from $73M to $76M.

Where does First Citizens National Bank ESOP Plan and Trust rank by assets among Form 5500 filers? ▼

First Citizens National Bank ESOP Plan and Trust ranks in the 81st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to First Citizens National Bank ESOP Plan and Trust? ▼

Among ESOP plans in other states, the closest by assets is Club Fitness Employee Stock Ownership Plan in MO ($39M, 195 participants).

Next read for First Citizens National Bank ESOP Plan a…

Filing takeaways

Ways to act on First Citizens National Bank ESOP Plan and Trust's numbers.

By total assets, First Citizens National Bank ESOP Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
First Citizens National Bank's sponsor-wide assets have grown 3.7% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 620201100.

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.