Plan5500

First-Citizens Bank & Trust Company And Adopting Related Employers Pension Plan — Form 5500 plan (First-Citizens Bank & Trust Company)

Plain-English plan 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, First-Citizens Bank & Trust Company And Adopting Related Employers Pension Plan is a benefit plan reported by First-Citizens Bank & Trust Company under EIN 56-0223230 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,631 participants and $1,036,698,685 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First-Citizens Bank & Trust Company
EIN
56-0223230
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
Participants
4,631
End-of-year plan assets
$1,036,698,685

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,631H, C20250103120009NAL0003665249001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,036,698,685
Total liabilities (EOY)
$0
Net assets (EOY)
$1,036,698,685
Net assets (BOY)
$897,460,937

Income & contributions

Total contributions
$0
Total income / additions
$172,320,087

Expenses & distributions

Benefits paid
$32,492,703
Administrative expenses
$589,636
Total expenses
$33,082,339
Net increase / (decrease)
$139,237,748

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Willis Towers Watson Us LLCNONE$534,604not reported in the loaded dataset2023
Cherry Bekaert LlpNONE$32,000not reported in the loaded dataset2023

Related Form 5500 pages