First Citizens National Bank 401(K) Plan — Form 5500 plan (First Citizens National Bank)
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 National Bank 401(K) Plan is a benefit plan reported by First Citizens National Bank under EIN 62-0201100 and plan number 003. The latest loaded filing year is 2023. The filing reports 382 participants and $32,556,895 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Citizens National Bank
- EIN
- 62-0201100
- Plan number
- 003
- Plan type
- 2
- Location
- Dyersburg, TN
- Latest filing year
- 2023
- Participants
- 382
- End-of-year plan assets
- $32,556,895
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 382 | H, C | 20240904163006NAL0036847712001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,556,895
- Net assets (EOY)
- $32,556,895
- Net assets (BOY)
- $30,520,433
Income & contributions
- Employer contributions
- $669,709
- Participant contributions
- $1,364,540
- Total contributions
- $2,123,734
- Total income / additions
- $7,016,568
Expenses & distributions
- Benefits paid
- $4,854,452
- Administrative expenses
- $125,654
- Total expenses
- $4,980,106
- Net increase / (decrease)
- $2,036,462
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| First Citizens National | TRUSTEE | $78,203 | not reported in the loaded dataset | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATIOR | $47,451 | $0 | 2023 |
| Alexander Thompson Arnold Pllc | OTHER SERVICES | $0 | $13,905 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Citizens National Bank
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Dyersburg, TN
- First Citizens National — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Alexander Thompson Arnold Pllc — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation