401(k) · DOL Form 5500 · 2022

Citizens Bank 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
100
Participants Small participant base
69th
Percentile by assets National rank
$126,174
Avg per participant Near avg balance/head
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Official DOL plan name: Citizens Bank 401(k) Retirement Plan · Sponsored by Citizens Bank · New Mexico · Finance & Insurance

$13M in assets, 100 participants

Citizens Bank's Citizens Bank 401(k) Retirement Plan reported $13M in total assets and 100 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,945 in Finance & Insurance (9,261 peers)

Coverage in New Mexico

Citizens Bank 401(k) Retirement Plan covers 100 participants in New Mexico, about 27% of the average New Mexico filer (state average ~365 per filing). Assets: $13M.

#4,945
in Finance & Insurance (9,261 peers)
-18.4%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Citizens Bank 401(k) Retirement Plan's outsized position by total assets

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

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

$12,617,415 Top 31% higher than 69% 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 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Citizens Bank 401(k) Retirement Plan is a small filing (100 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 850021005 · Citizens Bank PY 2022 · 401(k)

Citizens Bank 401(k) Retirement Plan · $13M · 100 · 69th

  • ASSETS $13M
  • PCT 100
  • EIN 69th
  • RANK 401(k)
  • PHOTO near Club Med Sales and Management Employee Retirement Plan
  • IND ind #4945

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 New Mexico →

Citizens Bank 401(k) Retirement Plan in the asset neighbourhood

Citizens Bank 401(k) Retirement PlanCitizens Bank 401(k) Retirem…$13MClub Med Sales and Management Employee Retirement PlanClub Med Sales and Managemen…$13MDedert Corporation Employees' 401(k) Profit Sharing Plan & TrustDedert Corporation Employees…$13MAppdirect 401(k) Plan$13MFiamm Technologies L.L.C 401(k) PlanFiamm Technologies L.L.C 401…$13M
End-of-year total assets ($M) among Citizens Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Mexico filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN850021005
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Bank)

Sponsor-wide plan assets over time

All Citizens Bank plans reported in each filing year

Latest sponsor-wide plan assets
$40M 14.525386824813575% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $35.2M $40.3M ▲ +14.5%
Year Plans Participants Total Assets
2022 2 196 $35M
2023 2 190 $36M
2024 2 174 $40M

Nearby 401(k) Plans in New Mexico

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

Citizens Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246 Total assets ($B) Participants Citizens Bank 401(k) Retirement Plan, Total assets ($B): 0.012617415 · Participants: 100Citizens Bank 401(k) Retirement PlanNtess Savings and Income Plan, Total assets ($B): 5.039491778 · Participants: 14007Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 1.548125595 · Participants: 8535Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.750238886 · Participants: 2476Triad 401(k) Savings PlanPnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.707275306 · Participants: 1638Pnm Resources, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.445070272 · Participants: 1553Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
Citizens Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants

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

Outside New Mexico, the nearest 401(k) by assets is Club Med Sales and Management Employee Retirement Plan in FL ($13M); by covered participants it is The Contractors Retirement Plan in AZ (100 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (100 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 401(k) Retirement Plan assets move in 2022?
Citizens Bank 401(k) Retirement Plan declined sharply - down 18.4% during 2022, from $15M to $13M. Reported net income was -$3M.
How have Citizens Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Citizens Bank's sponsor-wide assets grew 14.5%, from $35M to $40M.
Which 401(k) plans are similar in size to Citizens Bank 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Club Med Sales and Management Employee Retirement Plan in FL ($13M, 144 participants).
Which 401(k) plans cover a similar participant headcount to Citizens Bank 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is The Contractors Retirement Plan in AZ (100 participants, $223K in assets).