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Company:
First Citizens Bank and Trust Company, Inc.
Plan:
First Citizens Bank Capital Accumulation Plan
 

First Citizens Bank and Trust Company, Inc.

59 Plan:

 
 
59
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (59) and the top rated plan (87) could equate to:
[How is this calculated?]
15 additional years of work
Up to $192,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

First Citizens Bank Capital Accumulation Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. First Citizens Bank Capital Accumulation Plan currently has over 1,600 active participants and over $56.9M in plan assets.

 

 Retirement Plan Details

Address 1230 Main St
Columbia, SC 29201-3213 
Industry Commercial Banking
Administrator David Barton
Net Plan Assets $56,900,000
Total Participants 1,600
Avg Account Balance $35,000

 Compare Other Companies in Peer Group

First Merchants 65.6
BancFirst 65.1
Westamerica Bancorporation 62.4
WesBanco 62.3
United Bankshares 58.9
Simmons First National 51.0

 Top 3 Funds in this 401k

1. Total Interest Bearing Cash 35%
2. Principal Large Cap S&P 500 Index 11%
3. Principal MidCap Growth III 10%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker First Citizens Bank and Trust
Administration Principal Financial Group
Auditor Dixon Hughes, LLC

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