PlanOptica
Pricing
Sign inSign up free
  1. Companies/
  2. FIRST-CITIZENS BANK & TRUST COMPANY
Sponsor portfolioTH

FIRST-CITIZENS BANK & TRUST COMPANY

EIN 56-0223230-banking-Latest filing 2024
Plans
6
Retirement
5
$4.70B assets
Welfare
1
$35.4M premiums
Participants
47,494
4300 SIX FORKS ROAD, P.O. BOX 27131 - RALEIGH, NC 27609919-716-7166firstcitizens.comLinkedIn10001+ employeesbanking
Plans on this EIN
6 filings
#003401k-$2.69B - 20,246 part#001TraditionalDB-$1.09B - 4,492 part#002401k-$363.3M - 1,132 part#005CashBalance-$313.6M - 3,432 part#004TraditionalDB-$243.2M - 1,443 part#501Mixed-$35.4M - 24,126 lives

Retirement portfolio analytics

5 plans aggregated / $4.70B assets / 30,745 participants

Assets by plan

Share of aggregate retirement assets

57%top
  • TRUST COMPANY 401(K) (#003)57%
  • RELATED EMPLOYERS PENSION (#001)23%
  • COMPANY LEGACY 401(K) (#002)8%
  • INC. RETIREMENT PLAN (#005)7%
  • COMPANY, INC. PENSION (#004)5%
Total $4.70BClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
93%top
  • (Not disclosed)93%
  • FIDELITY INVESTMENTS INSTITUTIONAL7%
Total $4.70BClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • TRUST COMPANY 401(K) (#003)20,246
  • RELATED EMPLOYERS PENSION (#001)4,492
  • INC. RETIREMENT PLAN (#005)3,432
  • COMPANY, INC. PENSION (#004)1,443
  • COMPANY LEGACY 401(K) (#002)1,132
Total 30,745Click row to drill in

Benefits portfolio analytics

1 plan / $35.4M premiums / 24,126 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Other$16.4M
  • Health$16.3M
  • Life$11.5M
  • Long-term disability$11.5M
  • Vision$2.6M
Total $35.4M5 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
46%top
  • KAISER FOUNDATION HEALTH PLAN INC46%
  • HARTFORD LIFE AND ACCIDENT36%
  • UNUM LIFE INSURANCE COMPANY OF AMERICA8%
  • EYEMED VISION CARE7%
  • ARAG INSURANCE COMPANY2%
  • +3 more
Total $35.4M8 slices

Broker market share

Schedule A broker compensation

Split broker
85%top
  • WILLIS TOWERS WATSON US LLC85%
  • MOSAIC GROUP SERVICES15%
Total $1.2M2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#003

FIRST-CITIZENS BANK & TRUST COMPANY 401(K) PLAN

401k

Assets$2.69B
Participants20,246
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001

FIRST-CITIZENS BANK & TRUST COMPANY AND ADOPTING RELATED EMPLOYERS PENSION PLAN

TraditionalDB

Assets$1.09B
Participants4,492
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002

FIRST-CITIZENS BANK & TRUST COMPANY LEGACY 401(K) PLAN

401k

Assets$363.3M
Participants1,132
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#005

CIT GROUP, INC. RETIREMENT PLAN

CashBalance

Assets$313.6M
Participants3,432
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004

FIRST CITIZENS BANK & TRUST COMPANY, INC. PENSION PLAN

TraditionalDB

Assets$243.2M
Participants1,443
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

FIRST-CITIZENS BANK & TRUST COMPANY WELFARE BENEFIT PLAN

Mixed - HARTFORD LIFE AND ACCIDENT

Premiums$35.4M
Covered lives24,126
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans5

Plan #NameTypeAssetsParticipantsLatest year
003FIRST-CITIZENS BANK & TRUST COMPANY 401(K) PLAN401k$2.69B20,2462024
001FIRST-CITIZENS BANK & TRUST COMPANY AND ADOPTING RELATED EMPLOYERS PENSION PLANTraditionalDB$1.09B4,4922024
002FIRST-CITIZENS BANK & TRUST COMPANY LEGACY 401(K) PLAN401k$363.3M1,1322024
005CIT GROUP, INC. RETIREMENT PLANCashBalance$313.6M3,4322024
004FIRST CITIZENS BANK & TRUST COMPANY, INC. PENSION PLANTraditionalDB$243.2M1,4432024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501FIRST-CITIZENS BANK & TRUST COMPANY WELFARE BENEFIT PLANMixedHARTFORD LIFE AND ACCIDENT$35.4M24,1262024
Retirement plans
Welfare plans
PlanOptica

Plan research for advisors and brokers. Every retirement and welfare filing, peer-ranked and a decade deep, sourced to the line.

Product
  • Retirement plans
  • Welfare plans
  • Providers
  • Pricing
Data
  • Downloads hub
  • Retirement plans CSV
  • Welfare plans CSV
  • Custom analytics
Resources
  • Free ERISA search
  • Documentation
  • Filter catalog
  • Glossary
Company
  • About
  • Contact
  • Privacy
  • Terms
© 2026 PlanOptica