How big is First Interstate Bancsystem, Inc.'s plan?

First Interstate Bancsystem, Inc.'s plan reported $481.7M in assets and 3,478 participants for 2024.

Original filing (PDF)20251010164544NAL0008032545001

First Interstate Bancsystem, Inc.

Name: First Interstate Bancsystem, Inc. — First Interstate, Form 5500 (2024)
Creator: First Interstate Bancsystem, Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

First Interstate Bancsystem, Inc. 401(k) Plan

401(k) retirement plan · First Interstate Bancsystem, Inc.'s First Interstate Bancsystem, Inc. 401(k) Plan held $481.7M in plan assets for 3,478 participants in 2024, with Fidelity as recordkeeper.

Signals · 2

No ERISA fidelity bondCorrective distributions issued

Active participants

3,478

Accounts w/ balance

4,868

Plan assets (EOY)

$481.7M

Net assets (EOY)

$481.7M

People on this filing

Rachel Turitto signed First Interstate Bancsystem, Inc.'s 2024 Form 5500 as plan administrator.

Rachel Turitto — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

First Interstate Bancsystem, Inc.'s EIN is 81-0331430.

EIN 81-0331430

Plan number 003

Plan year 2024

ACK ID 20251010164544NAL0008032545001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for First Interstate Bancsystem, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

First Interstate Bancsystem, Inc.'s plan includes a 401(k) feature, automatic enrollment, a default investment (QDIA), profit-sharing, ERISA 404(c) participant direction.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for FIRST INTERSTATE BANCSYSTEM, INC..

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How this plan invests

This plan

2 pooled trusts

Schedule D

27 securities

funds · stocks · CUSIPs

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

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
No ERISA fidelity bond reported.

Plan sponsor

Name

FIRST INTERSTATE BANCSYSTEM, INC.

EIN

all filings

Address

P O BOX 30918 · BILLINGS, MT · 591160918

Phone

(406) 255-5375

Industry

Commercial Banking· Finance & Insurance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

003

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-10

Pension benefit codes

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

2E · Profit-sharing

2F · ERISA section 404(c)

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$131K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
STRATEGIC ADVISORS, INC.	04-2654524	—	ADVISOR	$42K	—

Investments

27 direct securities · 2 pooled funds· $726.6M(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.

Common Collective Trusts

$315.4M

12 holdings

Common Collective Trust

$263.8M

2 holdings

Mutual Funds

$106.6M

7 holdings

Other securities

$25.3M

6 holdings

Common Stocks

$8.2M

1 holding

Bonds / Notes

$7.3M

1 holding

					% of plan
AC IN RETIRE TR III GLOBAL TRUST COMPANY · EIN 30-6406015 / PN 001	Common Collective Trust	—	—	$244.8M	50.8%
Fidelity 500 Index Mutual Fund N/A	Common Collective Trusts	—	—	$48.6M	10.1%
T Rowe Price Large-Cap Growth Mutual Fund N/A	Mutual Funds	—	—	$44.4M	9.2%
American Century RD 2035 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$43.0M	8.9%
American Century RD 2045 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$34.6M	7.2%
American Century RD 2025 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$31.3M	6.5%
American Century RD 2030 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$29.7M	6.2%
American Century RD 2040 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$28.7M	6.0%
American Century RD 2050 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$25.3M	5.3%
American Century RD 2055 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$23.2M	4.8%
Vanguard Small Cap Index Mutual Fund N/A	Mutual Funds	—	—	$22.7M	4.7%
Vanguard Mid Cap Index Fund Mutual Fund N/A	Common Collective Trusts	—	—	$21.9M	4.6%
Vanguard Equity Income Mutual Fund N/A	Mutual Funds	—	—	$20.1M	4.2%
TRP STABLE VALUE A T. ROWE PRICE TRUST COMPANY · EIN 52-1309931 / PN 001	Common Collective Trust	—	—	$19.0M	3.9%
Hartford International Opportunities Mutual Fund N/A	Other securities	—	—	$15.2M	3.2%
American Century IN RETIRE TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$14.0M	2.9%
American Century RD 2060 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$12.8M	2.7%
Dodge & Cox Income Fund Mutual Fund N/A	Mutual Funds	—	—	$11.7M	2.4%
First Interstate BancSystem Inc. Com Common Stock N/A	Common Stocks	—	—	$8.2M	1.7%
Notes Receivable from Participants Participant Loans (Maturing 2025-2051 at Interest Rates of 4.25%-9.50%) -	Bonds / Notes	—	—	$7.3M	1.5%
Columbia Emerging Markets 13 Mutual Fund N/A	Other securities	—	—	$5.2M	1.1%
Vanguard Int Term Treasury Fund Mutual Fund N/A	Mutual Funds	—	—	$4.9M	1.0%
American Century RD 2065 TR III Collective Trust Fund N/A	Common Collective Trusts	—	—	$2.3M	0.5%
Allspring Special Mid Cap Value Mutual Fund N/A	Other securities	—	—	$2.0M	0.4%
PGIM High Yield Mutual Fund N/A	Other securities	—	—	$1.7M	0.4%
Fidelity Small Cap Growth Mutual Fund N/A	Mutual Funds	—	—	$1.6M	0.3%
MFS Mid Cap Growth Mutual Fund N/A	Mutual Funds	—	—	$1.3M	0.3%
American Century Small Cap Value Mutual Fund N/A	Other securities	—	—	$599K	0.1%
Cohen & Steer Realty Shares Fund Mutual Fund N/A	Other securities	—	—	$429K	<0.1%