401(k) · DOL Form 5500 · 2023

Citizens Bank Group Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
135
Participants Small participant base
56th
Percentile by assets National rank
$64,883
Avg per participant Low balance/head
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Official DOL plan name: Citizens Bank Group, Inc. Retirement Savings Plan · Sponsored by Citizens Bank Group Inc. · Minnesota · Finance & Insurance

$9M in assets, 135 participants

Citizens Bank Group Inc.'s Citizens Bank Group, Inc. Retirement Savings Plan reported $9M in total assets and 135 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #3,593 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Citizens Bank Group, Inc. Retirement Savings Plan covers 135 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $9M.

#3,593
in Finance & Insurance (8,869 peers)
+22.7%
assets growth YoY

Citizens Bank Group, Inc. Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Citizens Bank Group, Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,759,255 Top 44% higher than 56% of 127,068 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 2023

Citizens Bank Group, Inc. Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Citizens Bank Group, Inc. Retirement Savings Plan sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Citizens Bank Group, Inc. Retirement Savings Plan reported net income rose from $314K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Citizens Bank Group, Inc. Retirement Savings Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Citizens Bank Group, Inc. Retirement Savings Plan reported participants rose from 123 in the plan year 2022 filing to 135 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411704160 · Citizens Bank Group Inc. PY 2023 · 401(k)

Citizens Bank Group, Inc. Retirement Savings Plan · $9M · 135 · 56th

  • PCT $9M
  • EIN 135
  • RANK 56th
  • PHOTO 401(k)
  • IND near Vim Recyclers, L.P. 401(k) Plan and Trust
  • EOY ind #3593

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 Minnesota →

Citizens Bank Group, Inc. Retirement Savings Plan in the asset neighbourhood

Citizens Bank Group, Inc. Retirement Savings PlanCitizens Bank Group, Inc. Re…$9MVim Recyclers, L.P. 401(k) Plan and TrustVim Recyclers, L.P. 401(k) P…$9MWilkinson Law Firm 401(k) PlanWilkinson Law Firm 401(k) Pl…$9MPraetorian Security, Inc. 401(k) PlanPraetorian Security, Inc. 40…$9MPraetorian Security, Inc. 401(k) PlanPraetorian Security, Inc. 40…$9M
End-of-year total assets ($M) among Citizens Bank Group, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN411704160
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Bank Group Inc.)

Sponsor-wide plan assets over time

All Citizens Bank Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 47.23938072286153% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.14M $10.5M ▲ +47.2%
Year Plans Participants Total Assets
2022 2 219 $7M
2023 1 135 $9M
2024 1 132 $11M

Nearby 401(k) Plans in Minnesota

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

Citizens Bank Group, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Citizens Bank Group, Inc. Retirement Savings Plan, Total assets ($B): 0.008759255 · Participants: 135Citizens Bank Group, Inc. Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Citizens Bank Group, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Citizens Bank Group, Inc. Retirement Savings Plan side-by-side with 3 peers →

Citizens Bank Group, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Vim Recyclers, L.P. 401(k) Plan and Trust in IL ($9M); by covered participants it is Seven Hills Ob-Gyn Associates, Inc. Profit Sharing Plan in NJ (135 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (135 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Citizens Bank Group, Inc. Retirement Savings Plan assets move in 2023? ▼
Citizens Bank Group, Inc. Retirement Savings Plan grew sharply - up 22.7% during 2023, from $7M to $9M. Reported net income was $2M.
How have Citizens Bank Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citizens Bank Group Inc.'s sponsor-wide assets grew 47.2%, from $7M to $11M.
Which 401(k) plans are similar in size to Citizens Bank Group, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vim Recyclers, L.P. 401(k) Plan and Trust in IL ($9M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Citizens Bank Group, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Seven Hills Ob-Gyn Associates, Inc. Profit Sharing Plan in NJ (135 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411704160.

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.