Original filing (PDF)20250924105413NAL0002974403001

FIRST-CITIZENS BANK & TRUST COMPANY

Name: FIRST-CITIZENS BANK & TRUST COMPANY — FIRST CITIZENS BANK & TRUST COMPANY, INC. PENSION PLAN, Form 5500 (2024)
Creator: FIRST-CITIZENS BANK & TRUST COMPANY

Form 5500

FILING_RECEIVED

FIRST CITIZENS BANK & TRUST COMPANY, INC. PENSION PLAN

Defined-benefit pension plan

Signals · 2

18% employer stockNo recordkeeper disclosed

Active participants

243

Accounts w/ balance

—

Plan assets (EOY)

$243.2M

Net assets (EOY)

$243.2M

How this plan invests

This plan

11 pooled trusts

Schedule D

360 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

Total plan cost

100

Vendor stack

Participation health

100

Knocking points off

18% of plan in employer / sponsor stock.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FIRST-CITIZENS BANK & TRUST COMPANY.

Plan sponsor

Name

FIRST-CITIZENS BANK & TRUST COMPANY

EIN

56-0223230

Address

4300 SIX FORKS ROAD · P.O. BOX 27131 · RALEIGH, NC · 276095718

Phone

(919) 716-7166

Industry

Commercial Banking· Finance & Insurancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

004

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-09-24

Pension benefit codes

1A · Pay-related DB formula

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

CHERRY BEKAERT LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

3 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
WILLIS TOWERS WATSON US LLC	53-0181291	—	NONE	$164K	—
BLACKROCK ADVISORS, LLC	94-3112180	—	NONE	$102K	—
CHERRY BEKAERT LLP	56-0574444	—	NONE	$21K	—

Investments

324 direct securities · 11 pooled funds· $242.2M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized

$114.8M

323 holdings

Common Collective Trust

$84.6M

11 holdings

Common Stocks

$42.7M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
and Exchange-Traded Funds, Equity Ishares Russell Top 200 Growth ETF shares	Common Stocks	—	$27.1M	$42.7M	17.6%
LONG DURATION CORP NL FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 27-4520291 / PN 001	Common Collective Trust	—	$36.6M	$41.5M	17.1%
INTERMEDIATE GOVT BOND INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3118548 / PN 001	Common Collective Trust	—	$17.6M	$18.5M	7.6%
Ishares Tr Core Msci EAFE ETF shares	—	—	$13.9M	$14.3M	5.9%
LONG TERM GOVT BOND INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3118547 / PN 001	Common Collective Trust	—	$10.7M	$11.2M	4.6%
Ishares Russell Mid-Cap Value ETF shares	—	—	$9.1M	$10.8M	4.4%
Federated Hermes Government Obligations Fund 8,866,057 shares	—	—	$8.9M	$8.9M	3.6%
Mercer Private Investment Partners VII, LP Commitment - $14,463,398.00 share	—	—	$7.8M	$8.0M	3.3%
Transamerica International Equity Fund - Is #1170 shares	—	—	$7.3M	$7.3M	3.0%
Mis International Equity Fund CI R6 #403 shares	—	—	$6.9M	$7.2M	3.0%
Ishares Russell Mid-Cap Growth ETF shares	—	—	$5.2M	$6.9M	2.8%
Goldman Sachs Emerging Markets Equity Insights Fund Class R6 #4650 shares	—	—	$4.8M	$4.9M	2.0%
US STRIPS 20PLUS YR BOND INDEX RSL BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 27-3227381 / PN 001	Common Collective Trust	—	$3.9M	$3.9M	1.6%
Driehaus Emerging Markets Growth Fund - Inst #23 shares	—	—	$2.7M	$3.0M	1.2%
TSY US 10 YR KEY RATE DUR NL FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 47-4226866 / PN 001	Common Collective Trust	—	$3.1M	$2.9M	1.2%
TSY US 5 YR KEY RATE DUR NL FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 47-4104495 / PN 001	Common Collective Trust	—	$2.3M	$2.3M	1.0%
Apple Inc Com shares	—	—	$2.2M	$2.2M	0.9%
INTERMEDIATE DURATION CORP NL FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 82-2229248 / PN 001	Common Collective Trust	—	$2.1M	$2.2M	0.9%
Arga Emerging Markets Value Fund Ins shares	—	—	$2.1M	$1.9M	0.8%
TSY US 15 YR KEY RATE DUR NL FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 45-3856099 / PN 001	Common Collective Trust	—	$1.8M	$1.7M	0.7%
Pear Tree Polaris Fgn Val Sm Cap R6 #1046 shares	—	—	$1.7M	$1.7M	0.7%
William Blair Small Cap Growth Fund CI \| #1778 shares	—	—	$1.5M	$1.7M	0.7%
Artisan International Small-Mid Fund Instl #2467 shares	—	—	$1.6M	$1.6M	0.7%
Microsoft Corp Com shares	—	—	$1.6M	$1.6M	0.7%
Cais logseiv LP CI C share	—	—	$1.5M	$1.6M	0.6%
Hotchkis & Wiley Small Cap Diversified Value Fund Class Z shares	—	—	$1.6M	$1.6M	0.6%
Vanguard Scottsdale Fds Vng Rus2000idx shares	—	—	$1.3M	$1.5M	0.6%
Thrivent Small Cap Stock Fund CI S #94 shares	—	—	$1.4M	$1.5M	0.6%
Amazon. Com Inc Com shares	—	—	$982K	$989K	0.4%
Berkshire Hathaway Inc Del CI B New shares	—	—	$649K	$864K	0.4%
Mercer Private Investment Partners VIII, LP Commitment - $4,282,000.00 share	—	—	$833K	$833K	0.3%
Exxon Mobil Corp Com shares	—	—	$763K	$798K	0.3%
JPMorgan Chase & Co Com shares	—	—	$499K	$722K	0.3%
Cisco Sys Inc Com shares	—	—	$507K	$614K	0.3%
Home Depot Inc Com shares	—	—	$483K	$590K	0.2%
Unitedhealth Group Inc Com shares	—	—	$589K	$586K	0.2%
Walmart Inc. shares	—	—	$315K	$573K	0.2%
Procter & Gamble Co Com shares	—	—	$499K	$571K	0.2%
Johnson & Johnson Com shares	—	—	$541K	$513K	0.2%
Te Connectivity PLC Ord Shs shares	—	—	$489K	$505K	0.2%
Philip Morris Intl Inc Com shares	—	—	$367K	$461K	0.2%
International Business Machs Corp Com shares	—	—	$303K	$458K	0.2%
Bank of America Corp Com shares	—	—	$304K	$418K	0.2%
Bristol Myers Squibb Co Com shares	—	—	$371K	$408K	0.2%
Accenture PLC Class A Ordinary Shares	—	—	$339K	$399K	0.2%
Southern Co Com shares	—	—	$331K	$389K	0.2%
Intercontinental Exchange, Inc. Com shares	—	—	$287K	$384K	0.2%
Costco Whsl Corp New Com shares	—	—	$213K	$367K	0.2%
Allstate Corp Com shares	—	—	$238K	$359K	0.1%
bre Group Inc CI A shares	—	—	$215K	$359K	0.1%
Cme Group Inc Com shares	—	—	$300K	$354K	0.1%
Hartford Fini Svcs Group Inc Com shares	—	—	$239K	$340K	0.1%
3M Co Com shares	—	—	$218K	$339K	0.1%
Chevron Corp New Com shares	—	—	$337K	$323K	0.1%
Eaton Corp PLC Shs shares	—	—	$183K	$321K	0.1%
Elevance Health Inc shares	—	—	$404K	$321K	0.1%
Mosaic Co New Com shares	—	—	$351K	$317K	0.1%
Pentair PLC Shs shares	—	—	$175K	$298K	0.1%
Snap on Inc Com shares	—	—	$217K	$297K	0.1%
Davita Inc shares	—	—	$192K	$296K	0.1%
The Cigna Group shares	—	—	$308K	$292K	0.1%
Kinder Morgan Inc Del Com shares	—	—	$173K	$280K	0.1%
Abbvie Inc Com shares	—	—	$272K	$280K	0.1%
Constellation Energy Corp Com shares	—	—	$146K	$279K	0.1%
Hca Healthcare, Inc. shares	—	—	$263K	$279K	0.1%
Paychex Inc Com shares	—	—	$225K	$272K	0.1%
Morgan Stanley Com New shares	—	—	$183K	$268K	0.1%
Regions Finl Corp New Com shares	—	—	$226K	$266K	0.1%
GE Healthcare Technologies Inc Common Stock shares	—	—	$233K	$261K	0.1%
Honeywell International Inc Com shares	—	—	$228K	$258K	0.1%
Duke Energy Corp New Com shares	—	—	$237K	$255K	0.1%
Goldman Sachs Group Inc Com shares	—	—	$147K	$253K	0.1%
Thermo Fisher Corp Com shares	—	—	$254K	$252K	0.1%
TSY US 20 YR KEY RATE DUR NL FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 45-3856189 / PN 001	Common Collective Trust	—	$325K	$252K	0.1%
Johnson Ctis IntI PLC Shs shares	—	—	$178K	$251K	0.1%
Dow Inc Com shares	—	—	$346K	$245K	0.1%
Marathon Pete Corp Com shares	—	—	$245K	$240K	<0.1%
Mondelez Intl Inc Com shares	—	—	$265K	$232K	<0.1%
Fedex Corp Com shares	—	—	$181K	$229K	<0.1%
Kimco Rity Corp Com shares	—	—	$199K	$227K	<0.1%
Fifth Third Bancorp Com shares	—	—	$181K	$224K	<0.1%
Juniper Networks Inc Com shares	—	—	$179K	$215K	<0.1%
Hp Inc Com shares	—	—	$189K	$213K	<0.1%
Price T Rowe Group Inc Com shares	—	—	$202K	$207K	<0.1%
Best Buy Inc Com shares	—	—	$172K	$187K	<0.1%
Medtronic PLC Shs shares	—	—	$173K	$181K	<0.1%
AT&T Inc Com shares	—	—	$124K	$176K	<0.1%
Comcast Corp CI A shares	—	—	$173K	$171K	<0.1%
Disney Walt Co Com shares	—	—	$152K	$165K	<0.1%
US Treasury Note 2.375% Dtd 05/15/2019 Due 05/15/2029 par value	—	—	$184K	$161K	<0.1%
Electronic Arts Inc Com shares	—	—	$137K	$158K	<0.1%
CH Robinson Worldwide Inc Com New shares	—	—	$131K	$156K	<0.1%
US Treasury Note 1.25% Dtd 06/30/2021 Due 06/30/2028 par value	—	—	$148K	$140K	<0.1%
US Treasury Note 2.00% Dtd 08/15/2015 Due 08/15/2025 par value	—	—	$133K	$128K	<0.1%
US Treasury Note 1.375% Dtd 11/15/2021 Due 11/15/2031 par value	—	—	$142K	$127K	<0.1%
Altimeter Venture Part Fd VII Fd share	—	—	$120K	$120K	<0.1%
US Treasury Note 3.375% Dtd 05/15/2023 Due 05/15/2033 par value	—	—	$121K	$119K	<0.1%
US Treasury Bond 1.375% Dtd 11/15/2020 Due 11/15/2040 par value	—	—	$87K	$81K	<0.1%
US Treasury Note 3.875% Dtd 12/31/2022 Due 12/31/2029 par value	—	—	$79K	$78K	<0.1%
US Treasury Note 0.625% Dtd 08/15/2020 Due 08/15/2030 par value	—	—	$84K	$77K	<0.1%
US Treasury Note 1.50% Dtd 08/15/2016 Due 08/15/2026 par value	—	—	$73K	$77K	<0.1%
US Treasury Note 2.125% Dtd 05/15/2015 Due 05/15/2025 par value	—	—	$76K	$74K	<0.1%
Nvidia Corp Com shares	—	—	$19K	$72K	<0.1%
Mastercard Incorporated Sr Glbl 3.30% Dtd 03/26/2020 Due 03/26/2027 Callable par value	—	—	$72K	$63K	<0.1%
US Treasury Note 2.75% Dtd 08/15/2022 Due 08/15/2032 par value	—	—	$55K	$53K	<0.1%
Royal Bk Cda Fr 4.95% Dtd 01/19/2024 Due 02/01/2029 Callable par value	—	—	$45K	$45K	<0.1%
Nextera Energy Cap Hidgs Inc Sr Glbl Deb 4.625% Dtd 06/23/2022 Due 07/15/2027 Callable par value	—	—	$45K	$45K	<0.1%
Morgan Stanley Fr Var Rate Dtd 04/21/2023 Due 04/21/2034 Callable par value	—	—	$44K	$44K	<0.1%
Bat Capital Corp Sr Glbl Nt 3.557% Dtd 08/15/2018 Due 08/15/2027 Callable par value	—	—	$44K	$44K	<0.1%
Chevron Phillips Chem Co LLC Sr Glbl 144a 3.70% Dtd 03/08/2018 Due 06/01/2028 Callable par value	—	—	$46K	$43K	<0.1%
Denso Corp Sr 144a Nt 1.239% Dtd 09/16/2021 Due 09/16/2026 Non-Callable par value	—	—	$45K	$42K	<0.1%
Truist Bk Global Bk Med Term N Sr Nt 1.50% Dtd 03/09/2020 Due 03/10/2025 Callable par value	—	—	$39K	$40K	<0.1%
Vulcan Matis Co Sr Glbl 3.90% Dtd 03/14/2017 Due 04/01/2027 Callable par value	—	—	$40K	$39K	<0.1%
AT&T Inc Sr Glbl 4.10% Dtd 08/15/2018 Due 02/15/2028 Callable par value	—	—	$39K	$39K	<0.1%
CVS Health Corp 4.30% Dtd 03/09/2018 Due 03/25/2028 Callable par value	—	—	$45K	$39K	<0.1%
Visa Inc Sr Glbl 1.90% Dtd 04/02/2020 Due 04/15/2027 Callable par value	—	—	$40K	$38K	<0.1%
Meta Platform, Inc. shares	—	—	$10K	$36K	<0.1%
Broadcom Inc Com shares	—	—	$20K	$35K	<0.1%
Hess Corp Sr Glbl 4.30% Dtd 09/28/2016 Due 04/01/2027 Callable par value	—	—	$36K	$35K	<0.1%
Tesla, Inc shares	—	—	$19K	$34K	<0.1%
Alphabet Inc Cap Stk CI A shares	—	—	$10K	$30K	<0.1%
Bank New York Mellon Corp Fr Var Rate Dtd 04/26/2023 Due 04/26/2034 Callable par value	—	—	$30K	$29K	<0.1%
Edf S A Sr 144a 4.50% Dtd 09/21/2018 Due 09/21/2028 Callable par value	—	—	$30K	$29K	<0.1%
Comcast Corp New Sr Nt 4.15% Dtd 10/05/2018 Due 10/15/2028 Callable par value	—	—	$30K	$29K	<0.1%
US Treasury Note 2.375% Dtd 05/15/2017 Due 05/15/2027 par value	—	—	$29K	$29K	<0.1%
US Treasury Note 2.25% Dtd 11/15/2017 Due 11/15/2027 par value	—	—	$28K	$28K	<0.1%
Alphabet Inc Cap Stk CI C shares	—	—	$8K	$28K	<0.1%
Marriott Intl Inc New Cr Sen Sr Glbl Step Cpn Dtd 03/05/2021 Due 04/15/2031 Callable par value	—	—	$22K	$28K	<0.1%
Bk of America Corp Fr Var Rate Dtd 10/21/2020 Due 10/24/2031 Callable par value	—	—	$22K	$22K	<0.1%
Waste Mgmt Inc Del Sr Gibl 1.50% Dtd 11/17/2020 Due 03/15/2031 Callable par value	—	—	$20K	$21K	<0.1%
Netflix Inc Com shares	—	—	$7K	$21K	<0.1%
Mars Inc Del Sr 144a Nt 4.75% Dtd 04/20/2023 Due 04/20/2033 Non-Callable par value	—	—	$20K	$20K	<0.1%
Aercap Ireland Capital Limited Sr Glbl Nt 2.45% Dtd 10/29/2021 Due 10/29/2026 Callable par value	—	—	$30K	$19K	<0.1%
Geo Group Inc New Com shares	—	—	$5K	$19K	<0.1%
Telephone & Data Sys Inc Com New shares	—	—	$9K	$19K	<0.1%
Visa Inc Com CI A shares	—	—	$9K	$19K	<0.1%
Enterprise Prods Oper LLC Sr Nt 4.85% Dtd 02/15/2012 Due 08/15/2042 Callable par value	—	—	$20K	$18K	<0.1%
Manhattan Assocs Inc Com shares	—	—	$15K	$18K	<0.1%
Cal Maine Foods Inc Com New shares	—	—	$10K	$18K	<0.1%
Wells Fargo & Co Fr Var Rate Dtd 02/11/2020 Due 02/11/2031 Callable par value	—	—	$18K	$18K	<0.1%
Unitedhealth Group Inc Sr Nt 2.00% Dtd 05/18/2020 Due 05/15/2030 Callable par value	—	—	$17K	$17K	<0.1%
JPMorgan Chase & Co Glbl Nt Var Rate Dtd 04/22/2021 Due 04/22/2032 Callable par value	—	—	$17K	$17K	<0.1%
Mastercard Inc CI A shares	—	—	$7K	$17K	<0.1%
Air Lease Corp CI A shares	—	—	$16K	$17K	<0.1%
Tg Therapeutics Inc Com shares	—	—	$13K	$17K	<0.1%
Williams Sonoma Inc Com shares	—	—	$5K	$17K	<0.1%
Texas Pacific Land Corporation Com shares	—	—	$14K	$17K	<0.1%
Interactive Brokers Group Inc Com shares	—	—	$7K	$16K	<0.1%
Lumentum Hidgs Inc Com shares	—	—	$11K	$16K	<0.1%
Lennox International Inc Com shares	—	—	$8K	$16K	<0.1%
Corcept Therapeutics Inc Com shares	—	—	$8K	$16K	<0.1%
Xpo Inc Com shares	—	—	$4K	$15K	<0.1%
Badger Meter Inc Com shares	—	—	$6K	$15K	<0.1%
Skywest Inc Com shares	—	—	$8K	$15K	<0.1%
Coherent Corp Com shares	—	—	$10K	$15K	<0.1%
Piper Sandler Companies Com shares	—	—	$6K	$15K	<0.1%
Unumprovident Corp Com shares	—	—	$8K	$14K	<0.1%
East West Bancorp Inc Com shares	—	—	$11K	$14K	<0.1%
Bio Techne Corp Com shares	—	—	$15K	$14K	<0.1%
Pitney Bowes Inc Com shares	—	—	$13K	$14K	<0.1%
SEI Invts Co Com shares	—	—	$10K	$14K	<0.1%
Sprouts Fmrs Mkt Inc Com shares	—	—	$2K	$14K	<0.1%
Reinsurance Group Amer Inc Com New shares	—	—	$12K	$14K	<0.1%
Liberty Energy Inc Com CI A shares	—	—	$14K	$14K	<0.1%
Toll Bros Inc Com shares	—	—	$4K	$14K	<0.1%
Dicks Sporting Goods Inc Oc-Com shares	—	—	$6K	$14K	<0.1%
Dt Midstream Inc Common Stock shares	—	—	$7K	$13K	<0.1%
Tenet Healthcare Corp Com New shares	—	—	$8K	$13K	<0.1%
Lumen Technologies Inc Com shares	—	—	$4K	$13K	<0.1%
Cohen & Steers Inc Com shares	—	—	$10K	$13K	<0.1%
Trinity Inds Inc Com shares	—	—	$11K	$13K	<0.1%
Sylvamo Corp Common Stock shares	—	—	$7K	$13K	<0.1%
Adma Biologics Inc Com shares	—	—	$15K	$13K	<0.1%
United Therapeutics Corp Del Com shares	—	—	$8K	$13K	<0.1%
Artisan Partners Asset Mgmt In CI A shares	—	—	$12K	$13K	<0.1%
Renaissancere Holdings LTD shares	—	—	$10K	$12K	<0.1%
Bjs Whsl Club Hidgs Inc Com shares	—	—	$9K	$12K	<0.1%
Nisource Inc Com shares	—	—	$8K	$12K	<0.1%
Sps Comm Inc Com shares	—	—	$4K	$12K	<0.1%
Lattice Semiconductor Corp Com shares	—	—	$13K	$12K	<0.1%
Harmony Biosciences Hidgs Inc Com shares	—	—	$15K	$12K	<0.1%
Nvent Electric PLC Shs shares	—	—	$13K	$12K	<0.1%
Digi Intl Inc Com shares	—	—	$7K	$12K	<0.1%
Applied Matis Inc Com shares	—	—	$3K	$12K	<0.1%
Prog Holdings Inc Com Npv shares	—	—	$9K	$12K	<0.1%
Old Republic Intl Corp Com shares	—	—	$6K	$12K	<0.1%
Carlisle Cos Inc Com shares	—	—	$4K	$12K	<0.1%
Enpro Inc shares	—	—	$5K	$12K	<0.1%
Phinia Inc Common Stock shares	—	—	$6K	$12K	<0.1%
Rpm Intl Inc Com shares	—	—	$7K	$12K	<0.1%
Primerica Inc Com shares	—	—	$4K	$12K	<0.1%
Gallagher Arthur J & Co Com shares	—	—	$9K	$12K	<0.1%
Antero Midstream Corp Com shares	—	—	$7K	$12K	<0.1%
Brixmor Ppty Group Inc Com shares	—	—	$6K	$12K	<0.1%
Sanmina Corporation Com shares	—	—	$4K	$11K	<0.1%
Avista Corp Com shares	—	—	$11K	$11K	<0.1%
Watsco Inc CI A shares	—	—	$4K	$11K	<0.1%
Griffon Corp Com shares	—	—	$4K	$11K	<0.1%
Coca Cola Co Com shares	—	—	$9K	$11K	<0.1%
Cabot Corp Com shares	—	—	$6K	$11K	<0.1%

Showing top 200 of 335 investments by value.