401(k) · DOL Form 5500 · 2023

Citizens Bank 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
89
Participants Small participant base
66th
Percentile by assets National rank
$162,436
Avg per participant Above avg balance/head
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Official DOL plan name: Citizens Bank 401(k) Retirement Plan · Sponsored by Citizens Bank · New Mexico · Finance & Insurance

$14M in assets, 89 participants

Citizens Bank's Citizens Bank 401(k) Retirement Plan reported $14M in total assets and 89 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,575 in Finance & Insurance (8,869 peers)

Citizens Bank multi-year trail

Citizens Bank's plans moved +14.5% in assets from 2022 to 2024; this filing shows Citizens Bank 401(k) Retirement Plan at $14M / 89 participants.

#4,575
in Finance & Insurance (8,869 peers)
+14.6%
assets growth YoY

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

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

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

$14,456,841 Top 34% higher than 66% 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 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Citizens Bank 401(k) Retirement Plan is a small filing (89 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Citizens Bank 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Citizens Bank 401(k) Retirement Plan end-of-year assets rose from $13M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Citizens Bank 401(k) Retirement Plan reported participants fell from 100 in the plan year 2022 filing to 89 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 850021005 · Citizens Bank PY 2023 · 401(k)

Citizens Bank 401(k) Retirement Plan · $14M · 89 · 66th

  • RANK $14M
  • PHOTO 89
  • IND 66th
  • EOY 401(k)
  • 5500 near Tanner Research, Inc. Profit Sharing 401(k) Plan
  • ASSETS ind #4575

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 New Mexico →

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

Citizens Bank 401(k) Retirement PlanCitizens Bank 401(k) Retirem…$14MTanner Research, Inc. Profit Sharing 401(k) PlanTanner Research, Inc. Profit…$14MCarter & Associates Retirement Savings PlanCarter & Associates Retireme…$14MMiac Analytics 401(k) Plan$14MWachusett Mountain 401(k) PlanWachusett Mountain 401(k) Pl…$14M
End-of-year total assets ($M) among Citizens Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Citizens Bank multi-year asset trail

Sponsor-wide plan assets over time

All Citizens Bank plans reported in each filing year

Latest sponsor-wide plan assets
$40M 14.525386824813575% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $35.2M $40.3M ▲ +14.5%
Year Plans Participants Total Assets
2022 2 196 $35M
2023 2 190 $36M
2024 2 174 $40M

Citizens Bank filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN850021005
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Mexico

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

Citizens Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -202468 Total assets ($B) Participants Citizens Bank 401(k) Retirement Plan, Total assets ($B): 0.014456841 · Participants: 89Citizens Bank 401(k) Retirement PlanNtess Savings and Income Plan, Total assets ($B): 6.138288212 · Participants: 14721Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.017061751 · Participants: 10005Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.83962508 · Participants: 2249Triad 401(k) Savings PlanPnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.76542965 · Participants: 1531Pnm Resources, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.573005592 · Participants: 1962Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
Citizens Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare Citizens Bank 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside New Mexico, the nearest 401(k) by assets is Tanner Research, Inc. Profit Sharing 401(k) Plan in CA ($14M); by covered participants it is Cross Country 401(k) Plan in TX (89 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (89 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 401(k) Retirement Plan assets move in 2023? ▼
Citizens Bank 401(k) Retirement Plan grew at a solid clip - up 14.6% during 2023, from $13M to $14M. Reported net income was $2M.
How have Citizens Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citizens Bank's sponsor-wide assets grew 14.5%, from $35M to $40M.
Which 401(k) plans are similar in size to Citizens Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tanner Research, Inc. Profit Sharing 401(k) Plan in CA ($14M, 18 participants).
Which 401(k) plans cover a similar participant headcount to Citizens Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cross Country 401(k) Plan in TX (89 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 850021005.

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.