401(k) · DOL Form 5500 · 2023

Citizens Bank and Trust 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
147
Participants Small participant base
62nd
Percentile by assets National rank
$79,977
Avg per participant Below avg balance/head
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Official DOL plan name: Citizens Bank and Trust 401(k) Plan · Sponsored by Citizens Bank and Trust · Alabama · Finance & Insurance

$12M in assets, 147 participants

Citizens Bank and Trust's Citizens Bank and Trust 401(k) Plan reported $12M in total assets and 147 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #4,167 in Finance & Insurance (8,869 peers)

Coverage in Alabama

Citizens Bank and Trust 401(k) Plan covers 147 participants in Alabama, about 41% of the average Alabama filer (state average ~360 per filing). Assets: $12M.

#4,167
in Finance & Insurance (8,869 peers)
+20.7%
assets growth YoY

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

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

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

$11,756,680 Top 38% higher than 62% 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 and Trust 401(k) 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 and Trust 401(k) Plan sits mid-pack in the medium band (147 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Citizens Bank and Trust 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Citizens Bank and Trust 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Citizens Bank and Trust 401(k) Plan reported participants rose from 132 in the plan year 2022 filing to 147 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 431994736 · Citizens Bank and Trust PY 2023 · 401(k)

Citizens Bank and Trust 401(k) Plan · $12M · 147 · 62nd

  • NET $12M
  • NET 147
  • NET 62nd
  • NET 401(k)
  • NET near Reid Outpatient Surgery and Endoscopy 401(k) Plan
  • NET ind #4167

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 Alabama →

Citizens Bank and Trust 401(k) Plan in the asset neighbourhood

Citizens Bank and Trust 401(k) PlanCitizens Bank and Trust 401(…$12MReid Outpatient Surgery and Endoscopy 401(k) PlanReid Outpatient Surgery and …$12MColeman, Yovanovich and Koester, P.a. 401(k) PlanColeman, Yovanovich and Koes…$12MHts Employees' 401(k) Plan$12MCornwell Quality Tools Company Profit Sharing 401(k) PlanCornwell Quality Tools Compa…$12M
End-of-year total assets ($M) among Citizens Bank and Trust 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN431994736
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Bank and Trust)

Sponsor-wide plan assets over time

All Citizens Bank and Trust plans reported in each filing year

Latest sponsor-wide plan assets
$13M 36.513747003889705% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.74M $13.3M ▲ +36.6%
Year Plans Participants Total Assets
2022 1 132 $10M
2023 1 147 $12M
2024 1 156 $13M

Nearby 401(k) Plans in Alabama

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

Citizens Bank and Trust 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Citizens Bank and Trust 401(k) Plan, Total assets ($B): 0.01175668 · Participants: 147Citizens Bank and Trust 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Citizens Bank and Trust 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

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

Outside Alabama, the nearest 401(k) by assets is Reid Outpatient Surgery and Endoscopy 401(k) Plan in IN ($12M); by covered participants it is Chalmers Development Corporation Dba Spire Integrated Solutions 401(k) Plan in NE (147 participants). Same-state nearby plans are listed separately above.

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 and Trust 401(k) Plan assets move in 2023?
Citizens Bank and Trust 401(k) Plan grew sharply - up 20.7% during 2023, from $10M to $12M. Reported net income was $2M.
How have Citizens Bank and Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Citizens Bank and Trust's sponsor-wide assets grew 36.5%, from $10M to $13M.
Which 401(k) plans are similar in size to Citizens Bank and Trust 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Reid Outpatient Surgery and Endoscopy 401(k) Plan in IN ($12M, 184 participants).
Which 401(k) plans cover a similar participant headcount to Citizens Bank and Trust 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Chalmers Development Corporation Dba Spire Integrated Solutions 401(k) Plan in NE (147 participants, $7M in assets).