401(k) · DOL Form 5500 · 2024

Citizens Bank Group Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
132
Participants Small participant base
57th
Percentile by assets National rank
$79,659
Avg per participant Below avg balance/head
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Official DOL plan name: Citizens Bank Group, Inc. Retirement Savings Plan · Sponsored by Citizens Bank Group Inc. · Minnesota · Finance & Insurance

$11M in assets, 132 participants

Citizens Bank Group Inc.'s Citizens Bank Group, Inc. Retirement Savings Plan reported $11M in total assets and 132 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,482 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Citizens Bank Group, Inc. Retirement Savings Plan covers 132 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#3,482
in Finance & Insurance (8,549 peers)
+20.0%
assets growth YoY

Citizens Bank Group, Inc. Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Citizens Bank Group, Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$10,514,987 Top 43% higher than 57% of 123,620 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 2024

Citizens Bank Group, Inc. Retirement Savings Plan 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. Citizens Bank Group, Inc. Retirement Savings Plan sits mid-pack in the medium band (132 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Citizens Bank Group, Inc. Retirement Savings Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Citizens Bank Group, Inc. Retirement Savings Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Citizens Bank Group, Inc. Retirement Savings Plan reported participants fell from 135 in the plan year 2023 filing to 132 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411704160 · Citizens Bank Group Inc. PY 2024 · 401(k)

Citizens Bank Group, Inc. Retirement Savings Plan · $11M · 132 · 57th

  • EBSA $11M
  • EBSA 132
  • EBSA 57th
  • EBSA 401(k)
  • EBSA near Howard Sheppard, LLC 401(k) Plan
  • EBSA ind #3482

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 Minnesota →

Citizens Bank Group, Inc. Retirement Savings Plan in the asset neighbourhood

Zm Holdings Multiple Employer 401(k) PlanZm Holdings Multiple Employe…$11MCitizens Bank Group, Inc. Retirement Savings PlanCitizens Bank Group, Inc. Re…$11MHoward Sheppard, LLC 401(k) PlanHoward Sheppard, LLC 401(k) …$11MRadian Generation LLC 401(k) PlanRadian Generation LLC 401(k)…$11MKing Machine of Charlotte 401(k) PlanKing Machine of Charlotte 40…$11M
End-of-year total assets ($M) among Citizens Bank Group, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN411704160
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Bank Group Inc.)

Sponsor-wide plan assets over time

All Citizens Bank Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 47.23938072286153% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.14M $10.5M ▲ +47.2%
Year Plans Participants Total Assets
2022 2 219 $7M
2023 1 135 $9M
2024 1 132 $11M

Nearby 401(k) Plans in Minnesota

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

Citizens Bank Group, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Citizens Bank Group, Inc. Retirement Savings Plan, Total assets ($B): 0.010514987 · Participants: 132Citizens Bank Group, Inc. Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Citizens Bank Group, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Citizens Bank Group, Inc. Retirement Savings Plan side-by-side with 3 peers →

Citizens Bank Group, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Howard Sheppard, LLC 401(k) Plan in GA ($11M); by covered participants it is Oiwk 401(k) Profit Sharing Plan in KY (132 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (132 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Citizens Bank Group, Inc. Retirement Savings Plan assets move in 2024? ▼
Citizens Bank Group, Inc. Retirement Savings Plan grew sharply - up 20.0% during 2024, from $9M to $11M. Reported net income was $2M.
How have Citizens Bank Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citizens Bank Group Inc.'s sponsor-wide assets grew 47.2%, from $7M to $11M.
Which 401(k) plans are similar in size to Citizens Bank Group, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Howard Sheppard, LLC 401(k) Plan in GA ($11M, 523 participants).
Which 401(k) plans cover a similar participant headcount to Citizens Bank Group, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oiwk 401(k) Profit Sharing Plan in KY (132 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411704160.

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.