401(k) · DOL Form 5500 · 2022

Customers Bank 401(k) Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
905
Participants Near avg headcount
91st
Percentile by assets National rank
$88,152
Avg per participant Below avg balance/head
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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.

  • #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.

#7,990
in Finance & Insurance (9,261 peers)
-10.3%
assets change YoY
0.8×
vs typical plan assets (national mean)

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.

Customers Bank 401(k) Plan's outsized position 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 $2,050,000,000 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

Customers Bank 401(k) 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. Customers Bank 401(k) Plan sits mid-pack in the medium band (905 participants).

Published 5500 schedule card

Filing strip 232892229 · Customers Bank PY 2022 · 401(k)

Customers Bank 401(k) Plan · $80M · 905 · 91st

  • VS-ST $80M
  • BOY 905
  • SCH 91st
  • EBSA 401(k)
  • PART near Deroyal Employees' Savings & Retirement Plan
  • TYPE ind #7990

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 Pennsylvania →

Customers Bank 401(k) Plan in the asset neighbourhood

Provisur Employees Retirement Savings PlanProvisur Employees Retiremen…$80MCustomers Bank 401(k) Plan$80MDeroyal Employees' Savings & Retirement PlanDeroyal Employees' Savings &…$80MCmg Financial Services 401(k) PlanCmg Financial Services 401(k…$80MDbm Global, Inc. 401(k) Plan$80M
End-of-year total assets ($M) among Customers Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Customers Bank plans reported in each filing year

Latest sponsor-wide plan assets
$96M 20.446751694778243% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $79.8M $96.1M ▲ +20.4%
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 ($B) Participants Customers Bank 401(k) Plan, Total assets ($B): 0.079777694 · Participants: 905Customers Bank 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
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 →

Customers Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Deroyal Employees' Savings & Retirement Plan in TN ($80M); by covered participants it is Rue Gilt Groupe 401(k) Plan in MA (905 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($80M here).

Similar participant headcount

Nearest other-state filings by covered participants (905 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 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).
Which 401(k) plans cover a similar participant headcount to Customers Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rue Gilt Groupe 401(k) Plan in MA (905 participants, $35M in assets).

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.