401(k) · DOL Form 5500 · 2024
Citizens and Farmers Bank 401(k) Plan
Data updated 2026-08-25
- $60M
- Total assets Below avg plan size
- 444
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $136,247
- Avg per participant Near avg balance/head
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.
- #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.
- #6,722
- in Finance & Insurance (8,549 peers)
- +12.7%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Sba Defined Contribution Plan for Citizens and Farmers Bank's outsized position 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
Sba Defined Contribution Plan for Citizens and Farmers Bank among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sba Defined Contribution Plan for Citizens and Farmers Bank sits mid-pack in the medium band (444 participants).
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.
Published 5500 schedule card
Filing strip 540169510 · Citizens and Farmers Bank PY 2024 · 401(k)
Sba Defined Contribution Plan for Citizens and Farmers Bank · $60M · 444 · 86th
- 5500 $60M
- ASSETS 444
- PCT 86th
- EIN 401(k)
- RANK near Cajun Industries Holdings, LLC 401(k) Plan
- PHOTO ind #6722
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 Virginia →
Sba Defined Contribution Plan for Citizens and Farmers Bank in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Citizens and Farmers Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $82M 37.79151272495212% vs 2022
- 2024 filing year
| 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.
- 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
Sba Defined Contribution Plan for Citizens and Farmers Bank's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Cajun Industries Holdings, LLC 401(k) Plan in LA ($60M); by covered participants it is Horizon Activities Centers 403b DC Plan in OH (444 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($60M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (444 participants); asset peers above are excluded.
- Horizon Activities Centers 403b DC Plan (OH) 444 · 0 off
- Incedo Inc 401(k) Profit Sharing Plan & Trust (NJ) 444 · 0 off
- Hospice Retirement Plan (NY) 444 · 0 off
- Allied Crawford Steel, Inc. 401(k) Retirement Plan (SC) 444 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.