401(k) · DOL Form 5500 · 2023

Citizens First Bank 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
422
Participants Below avg headcount
79th
Percentile by assets National rank
$72,012
Avg per participant Below avg balance/head
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Official DOL plan name: Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust · Sponsored by Citizens First Bank · Florida · Finance & Insurance

$30M in assets, 422 participants

Citizens First Bank's Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust reported $30M in total assets and 422 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,077 in Finance & Insurance (8,869 peers)

Where Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust sits by assets

Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $30M for 422 participants (~$72,012/participant), up 25.0% in 2023.

#6,077
in Finance & Insurance (8,869 peers)
+25.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust's outsized position by total assets

Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust vs every filed plan by assets

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

$30,389,168 Top 21% higher than 79% 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 First Bank Employees' Savings & Profit Sharing Plan and Trust 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 First Bank Employees' Savings & Profit Sharing Plan and Trust sits mid-pack in the medium band (422 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust end-of-year assets rose from $24M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust reported participants fell from 429 in the plan year 2022 filing to 422 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 593169293 · Citizens First Bank PY 2023 · 401(k)

Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust · $30M · 422 · 79th

  • PART $30M
  • PART 422
  • PART 79th
  • PART 401(k)
  • PART near Dort Financial Credit Union Employees Deferred Compensation Plan
  • PART ind #6077

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 Florida →

Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust in the asset neighbourhood

Citizens First Bank Employees' Savings & Profit Sharing Plan and TrustCitizens First Bank Employee…$30MDort Financial Credit Union Employees Deferred Compensation PlanDort Financial Credit Union …$30MSekisui Aerospace, Inc. 401(k) Retirement PlanSekisui Aerospace, Inc. 401(…$30MBaisch Engineering Inc. Employees' Profit Sharing PlanBaisch Engineering Inc. Empl…$30MJet Linx Aviation, LLC 401(k) PlanJet Linx Aviation, LLC 401(k…$30M
End-of-year total assets ($M) among Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$30M
Net Income$6M
Employer EIN593169293
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens First Bank)

Sponsor-wide plan assets over time

All Citizens First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$32M 31.54276296344775% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.3M $32M ▲ +31.6%
Year Plans Participants Total Assets
2022 1 429 $24M
2023 1 422 $30M
2024 1 402 $32M

Nearby 401(k) Plans in Florida

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

Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust, Total assets ($B): 0.030389168 · Participants: 422Citizens First Bank Employees' Savings & Profit Sharing Plan and TrustL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust side-by-side with 3 peers →

Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Dort Financial Credit Union Employees Deferred Compensation Plan in MI ($30M); by covered participants it is Kiel Center 401(k) Plan in MO (422 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (422 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 First Bank Employees' Savings & Profit Sharing Plan and Trust assets move in 2023? ▼
Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust grew sharply - up 25.0% during 2023, from $24M to $30M. Reported net income was $6M.
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 grew 31.5%, from $24M to $32M.
Where does Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Dort Financial Credit Union Employees Deferred Compensation Plan in MI ($30M, 254 participants).
Which 401(k) plans cover a similar participant headcount to Citizens First Bank Employees' Savings & Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Kiel Center 401(k) Plan in MO (422 participants, $21M 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 593169293.

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.