401(k) · DOL Form 5500 · 2022

Citizens First Bank 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
48
Participants Small participant base
47th
Percentile by assets National rank
$87,312
Avg per participant Below avg balance/head
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Official DOL plan name: Citizens First Bank 401(k) Plan · Sponsored by Citizens First Bank · Iowa · Finance & Insurance

$4M in assets, 48 participants

Citizens First Bank's Citizens First Bank 401(k) Plan reported $4M in total assets and 48 participants in its 2022 DOL Form 5500 filing, ranking in the 47th 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.

  • #3,008 in Finance & Insurance (9,261 peers)

2022 asset change

Citizens First Bank 401(k) Plan declined sharply 23.6% in 2022 ($5M → $4M) for 48 participants.

#3,008
in Finance & Insurance (9,261 peers)
-23.6%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Citizens First Bank 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$4,190,958 47th percentile higher than 47% 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 First Bank 401(k) 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 First Bank 401(k) Plan is a small filing (48 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 421501088 · Citizens First Bank PY 2022 · 401(k)

Citizens First Bank 401(k) Plan · $4M · 48 · 47th

  • IND $4M
  • IND 48
  • IND 47th
  • IND 401(k)
  • IND near Imler's Poultry 401(k) Profit Sharing Plan
  • IND ind #3008

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 Iowa →

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

Citizens First Bank 401(k) PlanCitizens First Bank 401(k) P…$4MImler's Poultry 401(k) Profit Sharing PlanImler's Poultry 401(k) Profi…$4MSixty Hotels, LLC 401(k) Plan$4MButler County Childrens Center, Inc. Employees Savings TrustButler County Childrens Cent…$4MBill Collins Ford, Inc & Affiliates 401(k) Profit Sharing PlanBill Collins Ford, Inc & Aff…$4M
End-of-year total assets ($M) among Citizens First Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Citizens First Bank years around the 2022 move

Sponsor-wide plan assets over time

All Citizens First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$4M 7.672136060537948% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M 202220232024 $4.19M $3.87M ▼ -7.6%
Year Plans Participants Total Assets
2022 1 48 $4M
2023 1 50 $3M
2024 1 47 $4M

2022 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$1M
Employer EIN421501088
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Citizens First Bank 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Citizens First Bank 401(k) Plan, Total assets ($B): 0.004190958 · Participants: 48Citizens First Bank 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Citizens First Bank 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest 401(k) by assets is Imler's Poultry 401(k) Profit Sharing Plan in PA ($4M); by covered participants it is Bath State Bancorp Employee Stock Ownership Plan with 401(k) Provisions in IN (48 participants). Same-state nearby plans are listed separately above.

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 First Bank 401(k) Plan assets move in 2022?
Citizens First Bank 401(k) Plan declined sharply - down 23.6% during 2022, from $5M to $4M. Reported net income was -$1M.
How have Citizens First Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Citizens First Bank's sponsor-wide assets declined 7.7%, from $4M to $4M.
Which 401(k) plans are similar in size to Citizens First Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Imler's Poultry 401(k) Profit Sharing Plan in PA ($4M, 197 participants).
Which 401(k) plans cover a similar participant headcount to Citizens First Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bath State Bancorp Employee Stock Ownership Plan with 401(k) Provisions in IN (48 participants, $8M in assets).