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 Legacy 401(K) Plan is a benefit plan reported by First-Citizens Bank & Trust Company under EIN 56-0223230 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,358 participants and $343,569,961 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $343,569,961
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $343,569,961
- Net assets (BOY)
- $316,814,639
Income & contributions
- Employer contributions
- $3,368,672
- Participant contributions
- $7,198,221
- Total contributions
- $10,566,893
- Total income / additions
- $57,669,827
Expenses & distributions
- Benefits paid
- $29,977,875
- Administrative expenses
- $17,495
- Total expenses
- $29,996,600
- Net increase / (decrease)
- $27,673,227