401(k) · DOL Form 5500 · 2024
Citizens and Farmers Bank 401(k) Plan
Data updated 2026-08-11
- $60M
- Total assets
- 444
- Participants
- 86th
- Percentile by assets
- $136,247
- Avg per participant
Official DOL plan name: Sba Defined Contribution Plan for Citizens and Farmers Bank · Sponsored by Citizens and Farmers Bank · Virginia · Finance & Insurance
$60M in assets, 444 participants
Citizens and Farmers Bank's Sba Defined Contribution Plan for Citizens and Farmers Bank reported $60M in total assets and 444 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 123,622 plans)
- #6,722 in Finance & Insurance (8,549 peers)
Where Sba Defined Contribution Plan for Citizens and Farmers Bank sits by assets
Sba Defined Contribution Plan for Citizens and Farmers Bank sits in the top quartile of all filed plans by assets, $60M for 444 participants (~$136,247/participant), up 12.7% in 2024.
- $60M
- total plan assets (2024 EOY)
- 444
- covered participants
- 86th
- percentile by assets (of 123,622 plans)
- $136,247
- avg assets per participant
Where Sba Defined Contribution Plan for Citizens and Farmers Bank sits by total assets
Sba Defined Contribution Plan for Citizens and Farmers Bank vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$60,493,657 Top 14% higher than 86% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sba Defined Contribution Plan for Citizens and Farmers Bank reported net income rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- Sba Defined Contribution Plan for Citizens and Farmers Bank reported participants rose from 357 in the plan year 2023 filing to 444 in the plan year 2024 filing.
- Sba Defined Contribution Plan for Citizens and Farmers Bank end-of-year assets rose from $54M in the plan year 2023 filing to $60M in the plan year 2024 filing.
Sba Defined Contribution Plan for Citizens and Farmers Bank vs the 2024 asset distribution
By assets, Sba Defined Contribution Plan for Citizens and Farmers Bank outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $54M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | $7M |
| Employer EIN | 540169510 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Citizens and Farmers Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 669 | $59M |
| 2023 | 2 | 648 | $73M |
| 2024 | 2 | 709 | $82M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sba Defined Contribution Plan for Citizens and Farmers Bank vs. nearby 401(k) plans in Virginia, assets vs. participants
- Northrop Grumman Savings Plan $39.5B · 104,719
- 401(k) Pension Plan $16.8B · 62,869
- General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
- Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
- Leidos, Inc. Retirement Plan $11.8B · 29,734
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sba Defined Contribution Plan for Citizens and Farmers Bank by total assets, not by location.
- Cajun Industries Holdings, LLC 401(k) Plan (LA) $60M · 1,879
- Transcat, Inc. Long-Term Savings and Deferred Ps Plan (NY) $60M · 948
- Corsair Memory 401(k) Plan (CA) $60M · 724
- Delaware North Companies 401(k) Union Plan (NY) $61M · 2,382
Frequently Asked Questions
How did Sba Defined Contribution Plan for Citizens and Farmers Bank assets move in 2024? ▼
How have Citizens and Farmers Bank plan assets changed over time? ▼
Where does Sba Defined Contribution Plan for Citizens and Farmers Bank rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sba Defined Contribution Plan for Citizens and Farmers Bank? ▼
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Scale reading
Ways to act on Sba Defined Contribution Plan for Citizens and Farmers Bank's numbers.
- By total assets, Sba Defined Contribution Plan for Citizens and Farmers Bank ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
- Citizens and Farmers Bank's sponsor-wide assets have grown 37.8% since 2022 across 3 plan years on file. More Finance & Insurance plans