401(k) · DOL Form 5500 · 2023

Fdic as Receiver for First Republic Bank 401(k) Plan

Data updated 2026-08-25

$514M
Total assets Above avg plan size
7,065
Participants Above avg headcount
97th
Percentile by assets National rank
$72,706
Avg per participant Below avg balance/head
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Official DOL plan name: First Republic Bank 401(k) Plan · Sponsored by Fdic as Receiver for First Republic Bank · Texas · Finance & Insurance

$514M in assets, 7,065 participants

Fdic as Receiver for First Republic Bank's First Republic Bank 401(k) Plan reported $514M in total assets and 7,065 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,474 in Finance & Insurance (8,869 peers)

Coverage in Texas

First Republic Bank 401(k) Plan covers 7,065 participants in Texas, 10x the typical Texas plan (state average ~688 per filing). Assets: $514M.

#8,474
in Finance & Insurance (8,869 peers)
-52.0%
assets change YoY
5.2×
vs typical plan assets (national mean)

The plan reported a net loss of $559M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Republic Bank 401(k) Plan's outsized position by total assets

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$513,666,459 Top 3% higher than 97% of 127,068 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 2023

First Republic Bank 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Republic Bank 401(k) Plan lands in the large band (7,065 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Republic Bank 401(k) Plan reported net income fell from -$63M in the plan year 2022 filing to -$559M in the plan year 2023 filing.
  • First Republic Bank 401(k) Plan end-of-year assets fell from $1.1B in the plan year 2022 filing to $514M in the plan year 2023 filing.
  • First Republic Bank 401(k) Plan reported participants rose from 6,024 in the plan year 2022 filing to 7,065 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 800513856 · Fdic as Receiver for First Republic Bank PY 2023 · 401(k)

First Republic Bank 401(k) Plan · $514M · 7,065 · 97th

  • PHOTO $514M
  • PHOTO 7,065
  • PHOTO 97th
  • PHOTO 401(k)
  • PHOTO near Power Profit Sharing 401(k) Plan
  • PHOTO ind #8474

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 Texas →

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

Prospect Medical Retirement Savings Plan aProspect Medical Retirement …$515MFirst Republic Bank 401(k) PlanFirst Republic Bank 401(k) P…$514MPower Profit Sharing 401(k) PlanPower Profit Sharing 401(k) …$514MEide Bailly LLP 401(k) Profit Sharing PlanEide Bailly LLP 401(k) Profi…$513MIon Group 401(k) Plan$512M
End-of-year total assets ($M) among First Republic Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$512M
Net Income-$559M
Employer EIN800513856
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fdic as Receiver for First Republic Bank)

Sponsor-wide plan assets over time

All Fdic as Receiver for First Republic Bank plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0B$0.5B$1B$1.5B 202220232024 $1.07B $0B ▼ -100.0%
Year Plans Participants Total Assets
2022 1 6,024 $1.1B
2023 1 7,065 $514M
2024 1 1 N/A

Nearby 401(k) Plans in Texas

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

First Republic Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants First Republic Bank 401(k) Plan, Total assets ($B): 0.513666459 · Participants: 7065First Republic Bank 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
First Republic Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First Republic Bank 401(k) Plan side-by-side with 3 peers →

Scale composition for First Republic Bank 401(k) Plan

First Republic Bank 401(k) Plan reports $514M in end-of-year assets across 7,065 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $72,706 per participant (53% of the national average assets-per-participant) . Net income for plan year 2023 was -$559M.

This plan identity (EIN 800513856, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 while covered participants moved from 6,024 to 1 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,024 $1.1B Open filing
2023 7,065 $514M This page
2024 1 N/A Open filing

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

Outside Texas, the nearest 401(k) by assets is Power Profit Sharing 401(k) Plan in ID ($514M); by covered participants it is Disys 401(k) Plan in VA (7,064 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($514M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,065 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Republic Bank 401(k) Plan assets move in 2023? ▼
First Republic Bank 401(k) Plan contracted severely - down 52.0% during 2023, from $1.1B to $514M. Reported net income was -$559M.
Where does First Republic Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
First Republic Bank 401(k) Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to First Republic Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Power Profit Sharing 401(k) Plan in ID ($514M, 3,146 participants).
Which 401(k) plans cover a similar participant headcount to First Republic Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Disys 401(k) Plan in VA (7,064 participants, $119M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 800513856.

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.