401(k) · DOL Form 5500 · 2023

City National Bank 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets
6,098
Participants
99th
Percentile by assets
$249,072
Avg per participant
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Official DOL plan name: City National Bank Profit Sharing Plan · Sponsored by City National Bank · California · Finance & Insurance

$1.5B in assets, 6,098 participants

City National Bank's City National Bank Profit Sharing Plan reported $1.5B in total assets and 6,098 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,712 in Finance & Insurance (8,869 peers)

Coverage in California

City National Bank Profit Sharing Plan covers 6,098 participants in California, 9.7x the typical California plan (state average ~630 per filing). Assets: $1.5B.

$1.5B
total plan assets (2023 EOY)
6,098
covered participants
99th
percentile by assets (of 127,072 plans)
$249,072
avg assets per participant

Where City National Bank Profit Sharing Plan sits by total assets

City National Bank Profit Sharing Plan vs every filed plan by assets

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

$1,518,842,481 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • City National Bank Profit Sharing Plan reported net income rose from -$215M in the plan year 2022 filing to $232M in the plan year 2023 filing.
  • City National Bank Profit Sharing Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • City National Bank Profit Sharing Plan reported participants rose from 5,710 in the plan year 2022 filing to 6,098 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. City National Bank Profit Sharing Plan reports 6,098 participants - 9.7x that state average ($1.5B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$232M
Employer EIN951780067
Plan Effective Date1959-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (City National Bank)

$1.2B$1.4B$1.6B$1.8B 202220232024 $1.29B $1.7B ▲ +31.8%
Total plan assets by year, all City National Bank plans on file
Year Plans Participants Total Assets
2022 1 5,710 $1.3B
2023 1 6,098 $1.5B
2024 1 6,487 $1.7B

Nearby 401(k) Plans in California

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

City National Bank Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

City National Bank Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants City National Bank P…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
City National Bank Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for City National Bank Profit Sharing Plan

City National Bank Profit Sharing Plan reports $1.5B in end-of-year assets across 6,098 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $249,072 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2023 was $232M.

This plan identity (EIN 951780067, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.7B (+32.2%) while covered participants moved from 5,710 to 6,487 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,710 $1.3B Open filing
2023 6,098 $1.5B This page
2024 · index core 6,487 $1.7B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to City National Bank Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did City National Bank Profit Sharing Plan assets move in 2023?
City National Bank Profit Sharing Plan grew sharply - up 18.0% during 2023, from $1.3B to $1.5B. Reported net income was $232M.
How have City National Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), City National Bank's sponsor-wide assets grew 32.2%, from $1.3B to $1.7B.
Where does City National Bank Profit Sharing Plan rank by assets among Form 5500 filers?
City National Bank Profit Sharing Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to City National Bank Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Grant Thornton LLP 401(k) Savings Plan in IL ($1.5B, 7,676 participants).

Next read for City National Bank Profit Sharing Plan

Filing takeaways

Ways to act on City National Bank Profit Sharing Plan's numbers.