401(k) · DOL Form 5500 · 2022

Customers Bank 401(k) Plan

Data updated 2026-08-11

$80M
Total assets
905
Participants
91st
Percentile by assets
$88,152
Avg per participant
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Official DOL plan name: Customers Bank 401(k) Plan · Sponsored by Customers Bank · Pennsylvania · Finance & Insurance

$80M in assets, 905 participants

Customers Bank's Customers Bank 401(k) Plan reported $80M in total assets and 905 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #7,990 in Finance & Insurance (9,261 peers)

Where Customers Bank 401(k) Plan sits by assets

Customers Bank 401(k) Plan sits in the top 10% of all filed plans by assets, $80M for 905 participants (~$88,152/participant), down 10.3% in 2022.

$80M
total plan assets (2022 EOY)
905
covered participants
91st
percentile by assets (of 139,126 plans)
$88,152
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Customers Bank 401(k) Plan sits by total assets

Customers Bank 401(k) Plan vs every filed plan by assets

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

$79,777,694 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Pennsylvania
Industry
Finance & Insurance

Customers Bank 401(k) Plan vs the 2022 asset distribution

By assets, Customers Bank 401(k) Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$80M
Net Income-$9M
Employer EIN232892229
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Customers Bank)

$70M$80M$90M$100M 202220232024 $79.8M $96.1M ▲ +20.4%
Total plan assets by year, all Customers Bank plans on file
Year Plans Participants Total Assets
2022 1 905 $80M
2023 1 935 $79M
2024 1 703 $96M

Nearby 401(k) Plans in Pennsylvania

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

Customers Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Customers Bank 401(k…, Total assets ($B): 0.079777694 · Participants: 905Customers Bank 401(k…Comcast Corporation …, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation …Cigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Se…, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Se…The Vanguard Retirem…, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirem…The Bank of New York…, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York…
Customers Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Customers Bank 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Customers Bank 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Customers Bank 401(k) Plan assets move in 2022? ▼
Customers Bank 401(k) Plan pulled back noticeably - down 10.3% during 2022, from $89M to $80M. Reported net income was -$9M.
How have Customers Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Customers Bank's sponsor-wide assets grew 20.4%, from $80M to $96M.
Where does Customers Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Customers Bank 401(k) Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Customers Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Deroyal Employees' Savings & Retirement Plan in TN ($80M, 806 participants).

Next read for Customers Bank 401(k) Plan

Scale reading

Ways to act on Customers Bank 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232892229.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.