401k Record

Employers › First-citizens Bank & Trust

First-citizens Bank & Trust 401(k)

Recordkeeping fees per participant · largest plan, First-citizens Bank & Trust Company 401(k) Plan · plan year 2024

$28.57

Higher than 39% of the 790 plans over $1B that report it.

Source

= $563,431 / 19,718
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251003145006NAL0000864563001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003145006NAL0000864563001, received 2025-10-03

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-03.

Largest plan, all six figures: First-citizens Bank & Trust Company 401(k) Plan

Recordkeeping fees per participantheadline

$28.57

10th: $6.72median $34.2890th: $56.58

Higher than 39% of the 790 plans over $1B that report it.

Source

= $563,431 / 19,718
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251003145006NAL0000864563001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003145006NAL0000864563001, received 2025-10-03

Administrative expenses excluding investment management, per participant

$28.73

10th: $9.43median $44.4790th: $97.55

Higher than 26% of the 1,045 plans over $1B that report it.

Source

= $566,432 / 19,718
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251003145006NAL0000864563001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003145006NAL0000864563001, received 2025-10-03

Administrative expenses per participant

$28.73

10th: $24.33median $70.0390th: $174.36

Higher than 12% of the 1,076 plans over $1B that report it.

Source

= $566,432 / 19,718
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003145006NAL0000864563001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003145006NAL0000864563001, received 2025-10-03

Administrative expenses as a share of assets

0.021%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 19% of the 1,076 plans over $1B that report it.

Source

= $566,432 / $2,686,484,602
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003145006NAL0000864563001, received 2025-10-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251003145006NAL0000864563001, received 2025-10-03

Employer contributions per participant

$8,006

10th: $1,442median $3,74490th: $8,760

Higher than 87% of the 1,135 plans over $1B that report it.

Source

= $157,866,083 / 19,718
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003145006NAL0000864563001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003145006NAL0000864563001, received 2025-10-03

Employer share of total contributions

40.8%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 76% of the 1,135 plans over $1B that report it.

Source

= $157,866,083 / $387,150,339
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003145006NAL0000864563001, received 2025-10-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251003145006NAL0000864563001, received 2025-10-03

Plan terms, as stated in First-citizens Bank & Trust Company's SEC filings

Plan terms are not published in public filings.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
First-citizens Bank & Trust Company 401(k) Plan$2,686,484,60219,718 $28.57 recordkeeping fees per participant2024
First-citizens Bank & Trust Company Legacy 401(k) Plan$363,278,5261,105 $10.33 recordkeeping fees per participant2024

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Sponsor name as filed: FIRST-CITIZENS BANK & TRUST COMPANY; SEC registrant: FIRST CITIZENS BANK & TRUST CO (CIK 1092203, matched by EIN).