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 401(K) Plan is a benefit plan reported by First-Citizens Bank & Trust Company under EIN 56-0223230 and plan number 003. The latest loaded filing year is 2023. The filing reports 8,842 participants and $2,186,576,973 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,186,576,973
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,186,576,973
- Net assets (BOY)
- $1,554,658,630
Income & contributions
- Employer contributions
- $110,136,951
- Participant contributions
- $118,317,917
- Total contributions
- $479,589,660
- Total income / additions
- $789,936,676
Expenses & distributions
- Benefits paid
- $158,203,381
- Administrative expenses
- $669,383
- Total expenses
- $158,936,238
- Net increase / (decrease)
- $631,000,438