First-citizens Bank & Trust Company 401(k): best low-cost funds
First-citizens Bank & Trust Company 401(k) Plan · Plan #003 · Raleigh, NC
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| AB US LG CP Grth P3 | Great Gray Trust Company | Common/collective trust | $324.8M |
| BTC Lpath IDX 2040 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $229.3M |
| BTC Lpath IDX 2030 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $221.9M |
| BTC Lpath IDX 2045 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $184.8M |
| BTC Lpath IDX 2050 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $183.0M |
| BTC Lpath IDX 2035 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $157.3M |
| BTC Lpath IDX RET N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $143.9M |
| BTC Lpath IDX 2055 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $101.9M |
| GV Aggressive CIT 1 | First Citizens Goalview Collective Retirement Trust | Common/collective trust | $71.1M |
| BTC Lpath IDX 2060 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $48.4M |
| BTC Lpath IDX 2065 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $14.2M |
| C&S US Realty A | SEI Trust Company | Common/collective trust | $8.7M |
| GV MOD Aggr CIT 1 | Benefit Trust Company | Common/collective trust | $0 |
| GV Moderate CIT 1 | Benefit Trust Company | Common/collective trust | $0 |
| GV Conserv CIT 1 | Benefit Trust Company | Common/collective trust | $0 |
| GV Aggressive CIT 1 | Benefit Trust Company | Common/collective trust | $0 |
| GV MOD Conser CIT 1 | Benefit Trust Company | Common/collective trust | $0 |
| BTC Lpath IDX 2025 N | Blackrock Inst. Trust Company, N. A | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $799.6M | 29.8% |
| Common/collective trusts | $1.7B | 62.9% |
| Participant loans | $31.1M | 1.2% |
Fees paid from plan assets
| Contract administrator fees | $3,000 |
| Investment advisory & management fees | $0 |
| Other administrative fees | $1 |
| Total administrative expenses | $566,432 |
Reported administrative expenses were about 0.023% of average plan assets, or about $29 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20251003145006NAL0000864563001. EIN 560223230.