Civic Intelligence

First Bancorp

Plan context: First Bancorp Employees' 401(K) Savings Plan

EIN 56-1421916 • Southern Pines, NC • 96 filings • 12 plans

300 SW Broad StreetSouthern Pines, NC 28387
Current Snapshot

Latest Year

2024

2024 Participants

1,396

2024 Assets

$164,155,623

2024 Contributions

$16,263,008

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$165,997,915$82,998,958$0200020122024YearValue
$164,155,623Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1,3966980200020122024YearValue
1,396Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202441,396$164,155,623$16,263,008$11,650iApproximate average salary by contribution assumption: employee only about $291,243 at 4% or $194,162 at 6%; with 50% employer match about $194,162 at 4% or $129,441 at 6%; with 100% employer match about $145,621 at 4% or $97,081 at 6%.
First Bancorp Employees' 401(K) Savings Plan-1,396$164,155,623$16,263,008$11,650iApproximate average salary by contribution assumption: employee only about $291,243 at 4% or $194,162 at 6%; with 50% employer match about $194,162 at 4% or $129,441 at 6%; with 100% employer match about $145,621 at 4% or $97,081 at 6%.
Group Insurance Plan for Employees of First Bancorp-1,368---
First Bancorp Flexible Benefit Plan-0---
First Bancorp Employees' Pension Plan-0$0--
202341,378$141,866,510$17,117,480$12,422iApproximate average salary by contribution assumption: employee only about $310,549 at 4% or $207,033 at 6%; with 50% employer match about $207,033 at 4% or $138,022 at 6%; with 100% employer match about $155,275 at 4% or $103,516 at 6%.
First Bancorp Employees' 401(K) Savings Plan-1,378$138,427,806$17,117,480$12,422iApproximate average salary by contribution assumption: employee only about $310,549 at 4% or $207,033 at 6%; with 50% employer match about $207,033 at 4% or $138,022 at 6%; with 100% employer match about $155,275 at 4% or $103,516 at 6%.
First Bancorp Employees' Pension Plan-0$3,438,704--
First Bancorp Flexible Benefit Plan-165---
Group Insurance Plan for Employees of First Bancorp-1,152---
202241,169$141,554,498$12,961,975$11,088iApproximate average salary by contribution assumption: employee only about $277,202 at 4% or $184,801 at 6%; with 50% employer match about $184,801 at 4% or $123,201 at 6%; with 100% employer match about $138,601 at 4% or $92,401 at 6%.
First Bancorp Employees' 401(K) Savings Plan-1,169$107,898,888$12,961,975$11,088iApproximate average salary by contribution assumption: employee only about $277,202 at 4% or $184,801 at 6%; with 50% employer match about $184,801 at 4% or $123,201 at 6%; with 100% employer match about $138,601 at 4% or $92,401 at 6%.
First Bancorp Employees' Pension Plan-162$33,655,610--
First Bancorp Flexible Benefit Plan-147---
Group Insurance Plan for Employees of First Bancorp-1,013---
202141,155$165,997,915$10,873,322$9,414iApproximate average salary by contribution assumption: employee only about $235,353 at 4% or $156,902 at 6%; with 50% employer match about $156,902 at 4% or $104,601 at 6%; with 100% employer match about $117,677 at 4% or $78,451 at 6%.
First Bancorp Employees' 401(K) Savings Plan-1,155$121,093,646$10,873,322$9,414iApproximate average salary by contribution assumption: employee only about $235,353 at 4% or $156,902 at 6%; with 50% employer match about $156,902 at 4% or $104,601 at 6%; with 100% employer match about $117,677 at 4% or $78,451 at 6%.
First Bancorp Employees' Pension Plan-182$44,904,269--
Group Insurance Plan for Employees of First Bancorp-969---
First Bancorp Flexible Benefit Plan-111---
202041,040$155,298,837$10,185,159$9,793iApproximate average salary by contribution assumption: employee only about $244,836 at 4% or $163,224 at 6%; with 50% employer match about $163,224 at 4% or $108,816 at 6%; with 100% employer match about $122,418 at 4% or $81,612 at 6%.
First Bancorp Employees' 401(K) Savings Plan-1,040$107,131,761$10,185,159$9,793iApproximate average salary by contribution assumption: employee only about $244,836 at 4% or $163,224 at 6%; with 50% employer match about $163,224 at 4% or $108,816 at 6%; with 100% employer match about $122,418 at 4% or $81,612 at 6%.
First Bancorp Employees' Pension Plan-203$48,167,076--
First Bancorp Flexible Benefit Plan-138---
Group Insurance Plan for Employees of First Bancorp-969---
201941,045$140,528,125$10,036,553$9,604iApproximate average salary by contribution assumption: employee only about $240,109 at 4% or $160,073 at 6%; with 50% employer match about $160,073 at 4% or $106,715 at 6%; with 100% employer match about $120,054 at 4% or $80,036 at 6%.
First Bancorp Employees' 401(K) Savings Plan-1,045$96,704,262$10,036,553$9,604iApproximate average salary by contribution assumption: employee only about $240,109 at 4% or $160,073 at 6%; with 50% employer match about $160,073 at 4% or $106,715 at 6%; with 100% employer match about $120,054 at 4% or $80,036 at 6%.
First Bancorp Employees' Pension Plan-229$43,823,863--
First Bancorp Flexible Benefit Plan-156---
Group Insurance Plan for Employees of First Bancorp-1,021---
201861,008$115,240,111$10,046,801$9,967iApproximate average salary by contribution assumption: employee only about $249,177 at 4% or $166,118 at 6%; with 50% employer match about $166,118 at 4% or $110,745 at 6%; with 100% employer match about $124,588 at 4% or $83,059 at 6%.
First Bancorp Employees' 401(K) Savings Plan-1,008$76,069,825$9,822,076$9,744iApproximate average salary by contribution assumption: employee only about $243,603 at 4% or $162,402 at 6%; with 50% employer match about $162,402 at 4% or $108,268 at 6%; with 100% employer match about $121,802 at 4% or $81,201 at 6%.
First Bancorp Employees' Pension Plan-253$39,170,286--
Asheville Savings Bank Retirement Savings Plan-0-$224,725-
First Bancorp Flexible Benefit Plan-196---
Group Insurance Plan for Employees of First Bancorp-997---
ASHEVILLE SAVINGS BANK, S.S.B. EMPLOYEE STOCK OWNERSHIP PLAN-0---
20176994$145,003,709$7,498,529$7,544iApproximate average salary by contribution assumption: employee only about $188,595 at 4% or $125,730 at 6%; with 50% employer match about $125,730 at 4% or $83,820 at 6%; with 100% employer match about $94,297 at 4% or $62,865 at 6%.
First Bancorp Employees' 401(K) Savings Plan-994$78,873,823$6,787,832$6,829iApproximate average salary by contribution assumption: employee only about $170,720 at 4% or $113,813 at 6%; with 50% employer match about $113,813 at 4% or $75,876 at 6%; with 100% employer match about $85,360 at 4% or $56,907 at 6%.
First Bancorp Employees' Pension Plan-281$41,306,232--
ASHEVILLE SAVINGS BANK, S.S.B. EMPLOYEE STOCK OWNERSHIP PLAN-0$17,307,524--
First Bancorp Employees' Pension Plan-121$7,516,130$710,697$5,874iApproximate average salary by contribution assumption: employee only about $146,838 at 4% or $97,892 at 6%; with 50% employer match about $97,892 at 4% or $65,261 at 6%; with 100% employer match about $73,419 at 4% or $48,946 at 6%.
First Bancorp Flexible Benefit Plan-201---
Group Insurance Plan for Employees of First Bancorp-925---
20164838$90,773,782$6,037,253$7,204iApproximate average salary by contribution assumption: employee only about $180,109 at 4% or $120,073 at 6%; with 50% employer match about $120,073 at 4% or $80,048 at 6%; with 100% employer match about $90,054 at 4% or $60,036 at 6%.
First Bancorp Employees' 401(K) Savings Plan-838$53,817,455$6,037,253$7,204iApproximate average salary by contribution assumption: employee only about $180,109 at 4% or $120,073 at 6%; with 50% employer match about $120,073 at 4% or $80,048 at 6%; with 100% employer match about $90,054 at 4% or $60,036 at 6%.
First Bancorp Employees' Pension Plan-313$36,956,327--
First Bancorp Flexible Benefit Plan-164---
Group Insurance Plan for Employees of First Bancorp-815---
20154825$80,893,139$4,314,223$5,229iApproximate average salary by contribution assumption: employee only about $130,734 at 4% or $87,156 at 6%; with 50% employer match about $87,156 at 4% or $58,104 at 6%; with 100% employer match about $65,367 at 4% or $43,578 at 6%.
First Bancorp Employees' 401(K) Savings Plan-825$45,404,255$4,314,223$5,229iApproximate average salary by contribution assumption: employee only about $130,734 at 4% or $87,156 at 6%; with 50% employer match about $87,156 at 4% or $58,104 at 6%; with 100% employer match about $65,367 at 4% or $43,578 at 6%.
First Bancorp Employees' Pension Plan-355$35,488,884--
First Bancorp Flexible Benefit Plan-179---
Group Insurance Plan for Employees of First Bancorp-708---
20144844$83,430,816$4,199,143$4,975iApproximate average salary by contribution assumption: employee only about $124,382 at 4% or $82,921 at 6%; with 50% employer match about $82,921 at 4% or $55,281 at 6%; with 100% employer match about $62,191 at 4% or $41,461 at 6%.
First Bancorp Employees' 401(K) Savings Plan-844$46,148,707$4,199,143$4,975iApproximate average salary by contribution assumption: employee only about $124,382 at 4% or $82,921 at 6%; with 50% employer match about $82,921 at 4% or $55,281 at 6%; with 100% employer match about $62,191 at 4% or $41,461 at 6%.
First Bancorp Employees' Pension Plan-380$37,282,109--
First Bancorp Flexible Benefit Plan-158---
Group Insurance Plan for Employees of First Bancorp-686---
20134857$80,645,978$3,896,865$4,547iApproximate average salary by contribution assumption: employee only about $113,678 at 4% or $75,785 at 6%; with 50% employer match about $75,785 at 4% or $50,523 at 6%; with 100% employer match about $56,839 at 4% or $37,893 at 6%.
First Bancorp Employees' 401(K) Savings Plan-857$44,312,548$3,896,865$4,547iApproximate average salary by contribution assumption: employee only about $113,678 at 4% or $75,785 at 6%; with 50% employer match about $75,785 at 4% or $50,523 at 6%; with 100% employer match about $56,839 at 4% or $37,893 at 6%.
First Bancorp Employees' Pension Plan-444$36,333,430--
First Bancorp Flexible Benefit Plan-174---
Group Insurance Plan for Employees of First Bancorp-802---
20124754$66,040,740$5,907,588$7,835iApproximate average salary by contribution assumption: employee only about $195,875 at 4% or $130,583 at 6%; with 50% employer match about $130,583 at 4% or $87,056 at 6%; with 100% employer match about $97,937 at 4% or $65,292 at 6%.
First Bancorp Employees' 401(K) Savings Plan-754$35,916,798$3,407,588$4,519iApproximate average salary by contribution assumption: employee only about $112,984 at 4% or $75,322 at 6%; with 50% employer match about $75,322 at 4% or $50,215 at 6%; with 100% employer match about $56,492 at 4% or $37,661 at 6%.
First Bancorp Employees' Pension Plan-503$30,123,942$2,500,000$4,970iApproximate average salary by contribution assumption: employee only about $124,254 at 4% or $82,836 at 6%; with 50% employer match about $82,836 at 4% or $55,224 at 6%; with 100% employer match about $62,127 at 4% or $41,418 at 6%.
First Bancorp Flexible Benefit Plan-175---
Group Insurance Plan for Employees of First Bancorp-744---
20114748$54,548,078$5,856,543$7,830iApproximate average salary by contribution assumption: employee only about $195,740 at 4% or $130,493 at 6%; with 50% employer match about $130,493 at 4% or $86,996 at 6%; with 100% employer match about $97,870 at 4% or $65,247 at 6%.
First Bancorp Employees' 401(K) Savings Plan-748$30,082,372$3,356,543$4,487iApproximate average salary by contribution assumption: employee only about $112,184 at 4% or $74,789 at 6%; with 50% employer match about $74,789 at 4% or $49,860 at 6%; with 100% employer match about $56,092 at 4% or $37,395 at 6%.
First Bancorp Employees' Pension Plan-538$24,465,706$2,500,000$4,647iApproximate average salary by contribution assumption: employee only about $116,171 at 4% or $77,447 at 6%; with 50% employer match about $77,447 at 4% or $51,632 at 6%; with 100% employer match about $58,086 at 4% or $38,724 at 6%.
First Bancorp Flexible Benefit Plan-179---
Group Insurance Plan for Employees of First Bancorp-731---
20104695$52,934,592$4,395,481$6,324iApproximate average salary by contribution assumption: employee only about $158,111 at 4% or $105,407 at 6%; with 50% employer match about $105,407 at 4% or $70,271 at 6%; with 100% employer match about $79,055 at 4% or $52,704 at 6%.
First Bancorp Employees' 401(K) Savings Plan-695$30,503,847$2,895,481$4,166iApproximate average salary by contribution assumption: employee only about $104,154 at 4% or $69,436 at 6%; with 50% employer match about $69,436 at 4% or $46,291 at 6%; with 100% employer match about $52,077 at 4% or $34,718 at 6%.
First Bancorp Employees' Pension Plan-568$22,430,745$1,500,000$2,641iApproximate average salary by contribution assumption: employee only about $66,021 at 4% or $44,014 at 6%; with 50% employer match about $44,014 at 4% or $29,343 at 6%; with 100% employer match about $33,011 at 4% or $22,007 at 6%.
First Bancorp Flexible Benefit Plan-190---
Group Insurance Plan for Employees of First Bancorp-695---
20094755$44,861,929$5,799,027$7,681iApproximate average salary by contribution assumption: employee only about $192,021 at 4% or $128,014 at 6%; with 50% employer match about $128,014 at 4% or $85,343 at 6%; with 100% employer match about $96,010 at 4% or $64,007 at 6%.
First Bancorp Employees' 401(K) Savings Plan-755$26,069,372$3,299,027$4,370iApproximate average salary by contribution assumption: employee only about $109,239 at 4% or $72,826 at 6%; with 50% employer match about $72,826 at 4% or $48,551 at 6%; with 100% employer match about $54,620 at 4% or $36,413 at 6%.
First Bancorp Employees' Pension Plan-588$18,792,557$2,500,000$4,252iApproximate average salary by contribution assumption: employee only about $106,293 at 4% or $70,862 at 6%; with 50% employer match about $70,862 at 4% or $47,241 at 6%; with 100% employer match about $53,146 at 4% or $35,431 at 6%.
First Bancorp Flexible Benefit Plan-181---
Group Insurance Plan for Employees of First Bancorp-562---
20083600$35,692,996$4,144,689$6,908iApproximate average salary by contribution assumption: employee only about $172,695 at 4% or $115,130 at 6%; with 50% employer match about $115,130 at 4% or $76,754 at 6%; with 100% employer match about $86,348 at 4% or $57,565 at 6%.
First Bancorp Employees' 401(K) Savings Plan-600$22,628,417$2,732,267$4,554iApproximate average salary by contribution assumption: employee only about $113,844 at 4% or $75,896 at 6%; with 50% employer match about $75,896 at 4% or $50,598 at 6%; with 100% employer match about $56,922 at 4% or $37,948 at 6%.
First Bancorp Employees' Pension Plan-545$13,064,579$1,412,422$2,592iApproximate average salary by contribution assumption: employee only about $64,790 at 4% or $43,193 at 6%; with 50% employer match about $43,193 at 4% or $28,796 at 6%; with 100% employer match about $32,395 at 4% or $21,597 at 6%.
First Bancorp Flexible Benefit Plan-142---
20073551$41,985,447$4,408,245$8,000iApproximate average salary by contribution assumption: employee only about $200,011 at 4% or $133,341 at 6%; with 50% employer match about $133,341 at 4% or $88,894 at 6%; with 100% employer match about $100,006 at 4% or $66,670 at 6%.
First Bancorp Employees' 401(K) Savings Plan-551$25,281,916$2,691,790$4,885iApproximate average salary by contribution assumption: employee only about $122,132 at 4% or $81,421 at 6%; with 50% employer match about $81,421 at 4% or $54,281 at 6%; with 100% employer match about $61,066 at 4% or $40,711 at 6%.
First Bancorp Employees' Pension Plan-511$16,703,531$1,716,455$3,359iApproximate average salary by contribution assumption: employee only about $83,975 at 4% or $55,984 at 6%; with 50% employer match about $55,984 at 4% or $37,322 at 6%; with 100% employer match about $41,988 at 4% or $27,992 at 6%.
First Bancorp Flexible Benefit Plan-162---
20063612$39,192,335$3,903,293$6,378iApproximate average salary by contribution assumption: employee only about $159,448 at 4% or $106,299 at 6%; with 50% employer match about $106,299 at 4% or $70,866 at 6%; with 100% employer match about $79,724 at 4% or $53,149 at 6%.
First Bancorp Employees' 401(K) Savings Plan-568$23,529,495$2,386,493$4,202iApproximate average salary by contribution assumption: employee only about $105,039 at 4% or $70,026 at 6%; with 50% employer match about $70,026 at 4% or $46,684 at 6%; with 100% employer match about $52,520 at 4% or $35,013 at 6%.
First Bancorp Employees' Pension Plan-506$15,662,840$1,516,800$2,998iApproximate average salary by contribution assumption: employee only about $74,941 at 4% or $49,960 at 6%; with 50% employer match about $49,960 at 4% or $33,307 at 6%; with 100% employer match about $37,470 at 4% or $24,980 at 6%.
Group Insurance Plan for Employees of First Bancorp-612---
20053569$31,438,671$3,765,211$6,617iApproximate average salary by contribution assumption: employee only about $165,431 at 4% or $110,287 at 6%; with 50% employer match about $110,287 at 4% or $73,525 at 6%; with 100% employer match about $82,716 at 4% or $55,144 at 6%.
First Bancorp Employees' 401(K) Savings Plan-558$19,834,836$2,339,733$4,193iApproximate average salary by contribution assumption: employee only about $104,827 at 4% or $69,884 at 6%; with 50% employer match about $69,884 at 4% or $46,590 at 6%; with 100% employer match about $52,413 at 4% or $34,942 at 6%.
First Bancorp Employees' Pension Plan-493$11,603,835$1,425,478$2,891iApproximate average salary by contribution assumption: employee only about $72,286 at 4% or $48,191 at 6%; with 50% employer match about $48,191 at 4% or $32,127 at 6%; with 100% employer match about $36,143 at 4% or $24,095 at 6%.
Group Insurance Plan for Employees of First Bancorp-569---
20043524$29,742,643$2,780,266$5,306iApproximate average salary by contribution assumption: employee only about $132,646 at 4% or $88,431 at 6%; with 50% employer match about $88,431 at 4% or $58,954 at 6%; with 100% employer match about $66,323 at 4% or $44,215 at 6%.
First Bancorp Employees' 401(K) Savings Plan-524$19,835,160$2,130,266$4,065iApproximate average salary by contribution assumption: employee only about $101,635 at 4% or $67,757 at 6%; with 50% employer match about $67,757 at 4% or $45,171 at 6%; with 100% employer match about $50,817 at 4% or $33,878 at 6%.
First Bancorp Employees' Pension Plan-473$9,907,483$650,000$1,374iApproximate average salary by contribution assumption: employee only about $34,355 at 4% or $22,903 at 6%; with 50% employer match about $22,903 at 4% or $15,269 at 6%; with 100% employer match about $17,178 at 4% or $11,452 at 6%.
Group Insurance Plan for Employees of First Bancorp-470---
20034543$23,268,206$4,252,538$7,832iApproximate average salary by contribution assumption: employee only about $195,789 at 4% or $130,526 at 6%; with 50% employer match about $130,526 at 4% or $87,017 at 6%; with 100% employer match about $97,895 at 4% or $65,263 at 6%.
First Bancorp Employees' 401(K) Savings Plan-543$14,770,251$2,207,538$4,065iApproximate average salary by contribution assumption: employee only about $101,636 at 4% or $67,757 at 6%; with 50% employer match about $67,757 at 4% or $45,172 at 6%; with 100% employer match about $50,818 at 4% or $33,879 at 6%.
First Bancorp Employees' Pension Plan-444$8,497,955$2,045,000$4,606iApproximate average salary by contribution assumption: employee only about $115,146 at 4% or $76,764 at 6%; with 50% employer match about $76,764 at 4% or $51,176 at 6%; with 100% employer match about $57,573 at 4% or $38,382 at 6%.
First Bancorp Flexible Benefit Plan-31---
Group Insurance Plan for Employees of First Bancorp-457---
20023452$14,977,829$2,456,103$5,434iApproximate average salary by contribution assumption: employee only about $135,846 at 4% or $90,564 at 6%; with 50% employer match about $90,564 at 4% or $60,376 at 6%; with 100% employer match about $67,923 at 4% or $45,282 at 6%.
First Bancorp Employees' 401(K) Savings Plan-452$9,851,531$1,576,532$3,488iApproximate average salary by contribution assumption: employee only about $87,198 at 4% or $58,132 at 6%; with 50% employer match about $58,132 at 4% or $38,754 at 6%; with 100% employer match about $43,599 at 4% or $29,066 at 6%.
First Bancorp Employees' Pension Plan-355$5,126,298$879,571$2,478iApproximate average salary by contribution assumption: employee only about $61,942 at 4% or $41,294 at 6%; with 50% employer match about $41,294 at 4% or $27,530 at 6%; with 100% employer match about $30,971 at 4% or $20,647 at 6%.
Group Insurance Plan for Employees of First Bancorp-382---
20013358$13,889,127$2,407,481$6,725iApproximate average salary by contribution assumption: employee only about $168,120 at 4% or $112,080 at 6%; with 50% employer match about $112,080 at 4% or $74,720 at 6%; with 100% employer match about $84,060 at 4% or $56,040 at 6%.
First Bancorp Employees' 401(K) Savings Plan-358$8,996,390$1,407,481$3,932iApproximate average salary by contribution assumption: employee only about $98,288 at 4% or $65,525 at 6%; with 50% employer match about $65,525 at 4% or $43,683 at 6%; with 100% employer match about $49,144 at 4% or $32,763 at 6%.
First Bancorp Employees' Pension Plan-319$4,892,737$1,000,000$3,135iApproximate average salary by contribution assumption: employee only about $78,370 at 4% or $52,247 at 6%; with 50% employer match about $52,247 at 4% or $34,831 at 6%; with 100% employer match about $39,185 at 4% or $26,123 at 6%.
Group Insurance Plan for Employees of First Bancorp-299---
20003315$4,004,351$0-
First Bancorp Employees' Pension Plan-226$4,004,351--
Group Insurance Plan for Employees of First Bancorp-284---
First Bancorp Employees' 401(K) Savings Plan-315---