2023 Form 5500 filing — First Citizens Bank & Trust Company, Inc. Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250103120332NAL0006000368001) for First Citizens Bank & Trust Company, Inc. Pension Plan, reported by First-Citizens Bank & Trust Company under EIN 56-0223230 and plan number 004. It reports 1,500 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250103120332NAL0006000368001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First-Citizens Bank & Trust Company
- EIN
- 56-0223230
- Plan number
- 004
- Location
- Raleigh, NC
- Participants
- 1,500
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $231,553,022
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $231,553,022
- Total income / additions
- $38,359,250
- Benefits paid
- $7,880,201
- Administrative expenses
- $190,799
- Total expenses
- $8,071,000
- Net increase / (decrease)
- $30,288,250
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $165,494 | not reported in the loaded dataset |
| Cherry Bekaert Llp | NONE | $20,000 | not reported in the loaded dataset |