First Citizens Bank & Trust Company — Form 5500 Schedule C service provider compensation

Reported service provider summary

According to public Form 5500 Schedule C data published through 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 is reported as a service provider on 8 loaded Form 5500 filing(s) across 8 plan sponsor(s) and 8 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $461,786 and reported indirect compensation totals $0.

Schedule C · 2023

Reported compensation dashboard

Total reported compensation$461.8KDirect + indirect, across loaded filings$461,786
Plans served8
Plan sponsors8
Filings8
Direct vs. indirect compensation
Direct compensation$461.8K
Indirect compensation$0

Direct compensation is paid to the provider from the plan; indirect compensation is received from other sources in connection with the plan (e.g. revenue sharing). Both are reported on Schedule C.

Figures are reported Schedule C service provider compensation as disclosed by plan sponsors. They are presented objectively and are not a statement about whether any compensation is high, low, or reasonable.

Computed from loaded filings

Concentration

Top sponsor share of compensation27%Daymark Recovery Services, Inc.
Top state share of plans88%NC
Plan sponsors served8
By reported compensation

Top plan sponsors by reported compensation

Employers reporting the most compensation to First Citizens Bank & Trust Company. Bars show relative scale.

  1. 1
    NC · 1 plan(s)
  2. 2
  3. 3
    NC · 1 plan(s)
  4. 4
    NC · 1 plan(s)
  5. 5
    NC · 1 plan(s)
  6. 6
  7. 7
    NC · 1 plan(s)
  8. 8
Geographic reach

State footprint

Where First Citizens Bank & Trust Company appears: states where the plans that report this provider are sponsored, ranked by plan count. This reflects the sponsor's location, not where services were performed.

  1. 1
    NC7 plan(s)
  2. 2
    VA1 plan(s)
Geographic reach

City footprint

Cities where plans reporting First Citizens Bank & Trust Company are sponsored, by plan count.

  1. 1
    Raleigh, NC2 plan(s)
  2. 2
  3. 3
  4. 4
    Dunn, NC1 plan(s)
  5. 5
    Salisbury, NC1 plan(s)
  6. 6
  7. 7
    Chatham, VA1 plan(s)
By reported compensation

Plans reporting this provider

Loaded Form 5500 filings that report compensation to this provider, ranked. Bars show relative scale.

  1. 1
    Daymark Recovery Services, Inc., NC · Direct $126.3K · 2023
  2. 2
    Skyline Telephone Membership Corporation Employee Benefit Trust, NC · Direct $119K · 2023
  3. 3
    Harnett Health System, Inc., NC · Direct $105.5K · Indirect $0 · 2023
  4. 4
    Coastal Agrobusiness, Inc., NC · Direct $59.6K · 2023
  5. 5
    Angus Barn, Ltd, LLC, NC · Direct $22.2K · Indirect $0 · 2023
  6. 6
    Davenport Energy, Inc/First Piedmont Corporation, VA · Direct $12.6K · 2023
  7. 7
    L & M Companies, Inc., NC · Direct $8.7K · 2023
  8. 8
    Dfp, Inc. Dba Edward Ferrell & Lewis Mittman, NC · Direct $7.9K · 2023

What to inspect next

Frequently asked questions

What does Form 5500 Schedule C report about First Citizens Bank & Trust Company?
Public Form 5500 Schedule C filings report compensation paid to First Citizens Bank & Trust Company as a plan service provider. Across loaded filings, total reported compensation is $461,786.
How many plans report First Citizens Bank & Trust Company as a service provider?
First Citizens Bank & Trust Company appears on 8 loaded plan(s) across 8 sponsor(s).

Related Form 5500 pages