401(k) · DOL Form 5500 · 2022

Citizens Bank Group Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
123
Participants Small participant base
58th
Percentile by assets National rank
$58,060
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Citizens Bank Group, Inc. Retirement Savings Plan · Sponsored by Citizens Bank Group Inc. · Minnesota · Finance & Insurance

$7M in assets, 123 participants

Citizens Bank Group Inc.'s Citizens Bank Group, Inc. Retirement Savings Plan reported $7M in total assets and 123 participants in its 2022 DOL Form 5500 filing, ranking in the 58th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,838 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Citizens Bank Group, Inc. Retirement Savings Plan covers 123 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $7M.

#3,838
in Finance & Insurance (9,261 peers)
+4.6%
assets growth YoY

Citizens Bank Group, Inc. Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Citizens Bank Group, Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,141,423 Top 42% higher than 58% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Citizens Bank Group, Inc. Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Citizens Bank Group, Inc. Retirement Savings Plan sits mid-pack in the medium band (123 participants).

Form 5500 schedule snapshot

Filing strip 411704160 · Citizens Bank Group Inc. PY 2022 · 401(k)

Citizens Bank Group, Inc. Retirement Savings Plan · $7M · 123 · 58th

  • ASSETS $7M
  • PCT 123
  • EIN 58th
  • RANK 401(k)
  • PHOTO near Employment Enterprises, Inc. Retirement Savings Plan
  • IND ind #3838

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Minnesota →

Citizens Bank Group, Inc. Retirement Savings Plan in the asset neighbourhood

Citizens Bank Group, Inc. Retirement Savings PlanCitizens Bank Group, Inc. Re…$7MEmployment Enterprises, Inc. Retirement Savings PlanEmployment Enterprises, Inc.…$7MEngineered Seal Products, Inc. Profit Sharing 401(k) PlanEngineered Seal Products, In…$7MMalvern National Bank 401(k) Profit Sharing PlanMalvern National Bank 401(k)…$7MValley Management, Inc. 401(k) Plan and TrustValley Management, Inc. 401(…$7M
End-of-year total assets ($M) among Citizens Bank Group, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$314K
Employer EIN411704160
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Bank Group Inc.)

Sponsor-wide plan assets over time

All Citizens Bank Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 47.23938072286153% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.14M $10.5M ▲ +47.2%
Year Plans Participants Total Assets
2022 2 219 $7M
2023 1 135 $9M
2024 1 132 $11M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Citizens Bank Group, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Citizens Bank Group, Inc. Retirement Savings Plan, Total assets ($B): 0.007141423 · Participants: 123Citizens Bank Group, Inc. Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Citizens Bank Group, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Citizens Bank Group, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Employment Enterprises, Inc. Retirement Savings Plan in VA ($7M); by covered participants it is Employment Background Investigations, Inc. 401(k) Plan in MD (123 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (123 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Citizens Bank Group, Inc. Retirement Savings Plan assets move in 2022?
Citizens Bank Group, Inc. Retirement Savings Plan edged up modestly - up 4.6% during 2022, from $7M to $7M. Reported net income was $314K.
How have Citizens Bank Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Citizens Bank Group Inc.'s sponsor-wide assets grew 47.2%, from $7M to $11M.
Which 401(k) plans are similar in size to Citizens Bank Group, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Employment Enterprises, Inc. Retirement Savings Plan in VA ($7M, 1,691 participants).
Which 401(k) plans cover a similar participant headcount to Citizens Bank Group, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Employment Background Investigations, Inc. 401(k) Plan in MD (123 participants, N/A in assets).