401(k) · DOL Form 5500 · 2022

South Plains Financial, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
673
Participants Below avg headcount
86th
Percentile by assets National rank
$58,442
Avg per participant Low balance/head
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Official DOL plan name: City Bank 401(k) Plan · Sponsored by South Plains Financial, Inc. · Texas · Finance & Insurance

$39M in assets, 673 participants

South Plains Financial, Inc.'s City Bank 401(k) Plan reported $39M in total assets and 673 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,162 in Finance & Insurance (9,261 peers)

Where City Bank 401(k) Plan sits by assets

City Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $39M for 673 participants (~$58,442/participant), down 10.4% in 2022.

#7,162
in Finance & Insurance (9,261 peers)
-10.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$39,331,602 Top 14% higher than 86% 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

City 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. City Bank 401(k) Plan sits mid-pack in the medium band (673 participants).

EBSA filing schedule strip

Filing strip 752453320 · South Plains Financial, Inc. PY 2022 · 401(k)

City Bank 401(k) Plan · $39M · 673 · 86th

  • BOY $39M
  • SCH 673
  • EBSA 86th
  • PART 401(k)
  • TYPE near Insurance Resources International, Inc. 401(k) Plan
  • NET ind #7162

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 Texas →

City Bank 401(k) Plan in the asset neighbourhood

Anesthesia West, P.C. 401(k) PlanAnesthesia West, P.C. 401(k)…$39MCity Bank 401(k) Plan$39MInsurance Resources International, Inc. 401(k) PlanInsurance Resources Internat…$39MThe Haverford Trust Company 401(k) PlanThe Haverford Trust Company …$39MArhaus, LLC 401(k) Plan$39M
End-of-year total assets ($M) among City 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)$44M
Net Assets (End of Year)$39M
Net Income-$5M
Employer EIN752453320
Plan Effective Date2019-05-09
Filing StatusFILING RECEIVED

Sponsor Plan History (South Plains Financial, Inc.)

Sponsor-wide plan assets over time

All South Plains Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50M 55.54218502085276% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $113M $50.2M ▼ -55.5%
Year Plans Participants Total Assets
2022 3 1,646 $113M
2023 1 657 $45M
2024 1 607 $50M

Nearby 401(k) Plans in Texas

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

City Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants City Bank 401(k) Plan, Total assets ($B): 0.039331602 · Participants: 673City Bank 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
City Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

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

Outside Texas, the nearest 401(k) by assets is Insurance Resources International, Inc. 401(k) Plan in MN ($39M); by covered participants it is Pinterest 401(k) Plan in CA (673 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (673 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 City Bank 401(k) Plan assets move in 2022?
City Bank 401(k) Plan pulled back noticeably - down 10.4% during 2022, from $44M to $39M. Reported net income was -$5M.
How have South Plains Financial, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), South Plains Financial, Inc.'s sponsor-wide assets declined 55.5%, from $113M to $50M.
Where does City Bank 401(k) Plan rank by assets among Form 5500 filers?
City Bank 401(k) Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to City Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Insurance Resources International, Inc. 401(k) Plan in MN ($39M, 171 participants).
Which 401(k) plans cover a similar participant headcount to City Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Pinterest 401(k) Plan in CA (673 participants, $25M in assets).