401(k) · DOL Form 5500 · 2023

The Citizens Bank 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
177
Participants Small participant base
76th
Percentile by assets National rank
$140,947
Avg per participant Near avg balance/head
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Official DOL plan name: The Citizens Bank Ksop Plan · Sponsored by The Citizens Bank · South Carolina · Finance & Insurance

$25M in assets, 177 participants

The Citizens Bank's The Citizens Bank Ksop Plan reported $25M in total assets and 177 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,693 in Finance & Insurance (8,869 peers)

Coverage in South Carolina

The Citizens Bank Ksop Plan covers 177 participants in South Carolina, about 48% of the average South Carolina filer (state average ~369 per filing). Assets: $25M.

#5,693
in Finance & Insurance (8,869 peers)
+16.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Citizens Bank Ksop Plan's outsized position by total assets

The Citizens Bank Ksop Plan vs every filed plan by assets

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

$24,947,571 Top 24% higher than 76% 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

The Citizens Bank Ksop 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. The Citizens Bank Ksop Plan sits mid-pack in the medium band (177 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Citizens Bank Ksop Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • The Citizens Bank Ksop Plan end-of-year assets rose from $21M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • The Citizens Bank Ksop Plan reported participants fell from 185 in the plan year 2022 filing to 177 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 570874845 · The Citizens Bank PY 2023 · 401(k)

The Citizens Bank Ksop Plan · $25M · 177 · 76th

  • VS-ST $25M
  • VS-ST 177
  • VS-ST 76th
  • VS-ST 401(k)
  • VS-ST near Park Hotels & Resorts 401(k) Plan
  • VS-ST ind #5693

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 South Carolina →

The Citizens Bank Ksop Plan in the asset neighbourhood

The Citizens Bank Ksop Plan$25MPark Hotels & Resorts 401(k) PlanPark Hotels & Resorts 401(k)…$25MHamilton Center, Inc. Retirement PlanHamilton Center, Inc. Retire…$25MSuperior Forge & Steel Corporation 401(k) Retirement Savings PlanSuperior Forge & Steel Corpo…$25MC. H. Nickerson Profit Sharing & 401(k) PlanC. H. Nickerson Profit Shari…$25M
End-of-year total assets ($M) among The Citizens Bank Ksop Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN570874845
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Citizens Bank)

Sponsor-wide plan assets over time

All The Citizens Bank plans reported in each filing year

Latest sponsor-wide plan assets
$28M 29.86055507577352% vs 2022
2024 filing year
$20M$22M$24M$26M$28M$30M 202220232024 $21.4M $27.7M ▲ +29.9%
Year Plans Participants Total Assets
2022 1 185 $21M
2023 1 177 $25M
2024 1 244 $28M

Nearby 401(k) Plans in South Carolina

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

The Citizens Bank Ksop Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants The Citizens Bank Ksop Plan, Total assets ($B): 0.024947571 · Participants: 177The Citizens Bank Ksop PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
The Citizens Bank Ksop Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare The Citizens Bank Ksop Plan side-by-side with 3 peers →

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

Outside South Carolina, the nearest 401(k) by assets is Park Hotels & Resorts 401(k) Plan in VA ($25M); by covered participants it is Purolite 401(k) Plan in PA (177 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (177 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 The Citizens Bank Ksop Plan assets move in 2023? ▼
The Citizens Bank Ksop Plan grew sharply - up 16.8% during 2023, from $21M to $25M. Reported net income was $4M.
How have The Citizens Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Citizens Bank's sponsor-wide assets grew 29.9%, from $21M to $28M.
Where does The Citizens Bank Ksop Plan rank by assets among Form 5500 filers? ▼
The Citizens Bank Ksop Plan ranks in the 76th 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 The Citizens Bank Ksop Plan? ▼
Among 401(k) plans in other states, the closest by assets is Park Hotels & Resorts 401(k) Plan in VA ($25M, 117 participants).
Which 401(k) plans cover a similar participant headcount to The Citizens Bank Ksop Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Purolite 401(k) Plan in PA (177 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 570874845.

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.