Defined Benefit (Pension) · DOL Form 5500 · 2023

Citizens Bank of West Virginia Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
30
Participants Small participant base
46th
Percentile by assets National rank
$185,550
Avg per participant Above avg balance/head
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Official DOL plan name: Citizens Bank of West Virginia Defined Benefit Pension Plan · Sponsored by Citizens Bank of West Virginia · West Virginia · Finance & Insurance

$6M in assets, 30 participants

Citizens Bank of West Virginia's Citizens Bank of West Virginia Defined Benefit Pension Plan reported $6M in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.

  • #2,923 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Citizens Bank of West Virginia Defined Benefit Pension Plan holds $6M for 30 participants - about $185,550 per participant, in the lower half of filed plans by assets.

#2,923
in Finance & Insurance (8,869 peers)
+5.3%
assets growth YoY

Citizens Bank of West Virginia Defined Benefit Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Citizens Bank of West Virginia Defined Benefit Pension Plan vs every filed plan by assets

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

$5,566,505 46th percentile higher than 46% 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

Citizens Bank of West Virginia Defined Benefit Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Citizens Bank of West Virginia Defined Benefit Pension Plan is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Citizens Bank of West Virginia Defined Benefit Pension Plan reported net income rose from -$13K in the plan year 2022 filing to $282K in the plan year 2023 filing.
  • Citizens Bank of West Virginia Defined Benefit Pension Plan reported participants fell from 32 in the plan year 2022 filing to 30 in the plan year 2023 filing.
  • Citizens Bank of West Virginia Defined Benefit Pension Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 550143730 · Citizens Bank of West Virginia PY 2023 · Defined Benefit (Pension)

Citizens Bank of West Virginia Defined Benefit Pension Plan · $6M · 30 · 46th

  • VS-ST $6M
  • BOY 30
  • SCH 46th
  • EBSA Defined Benefit (Pension)
  • PART near Retirement Plan for Puerto Rico Employees
  • TYPE ind #2923

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 West Virginia →

Citizens Bank of West Virginia Defined Benefit Pension Plan in the asset neighbourhood

Paulo Products Company Employees' Pension PlanPaulo Products Company Emplo…$6MCitizens Bank of West Virginia Defined Benefit Pension PlanCitizens Bank of West Virgin…$6MRetirement Plan for Puerto Rico EmployeesRetirement Plan for Puerto R…$6MPension Plan of York Container CompanyPension Plan of York Contain…$6MKjzt Family Life Employees Defined Benefit Pension PlanKjzt Family Life Employees D…$6M
End-of-year total assets ($M) among Citizens Bank of West Virginia Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$282K
Employer EIN550143730
Plan Effective Date1959-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Bank of West Virginia)

Sponsor-wide plan assets over time

All Citizens Bank of West Virginia plans reported in each filing year

Latest sponsor-wide plan assets
$6M 5.331970916178231% vs 2022
2023 filing year
$5.2M$5.3M$5.4M$5.5M$5.6M 20222023 $5.28M $5.57M ▲ +5.5%
Year Plans Participants Total Assets
2022 1 32 $5M
2023 1 30 $6M

Nearby Defined Benefit (Pension) Plans in West Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Citizens Bank of West Virginia Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -2000200400600 Total assets ($M) Participants Citizens Bank of West Virginia Defined Benefit Pension Plan, Total assets ($M): 5.566505 · Participants: 30Citizens Bank of West Virginia Defined Benefit Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 555.630528 · Participants: 1965West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 548.257437 · Participants: 1559I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 447.078317 · Participants: 234United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175 & 505 Pension Trust Fund, Total assets ($M): 419.92467 · Participants: 1453Employer - Teamsters Local Nos 175 & 505 Pension Trust FundMaryland Electrical Industry Pension Plan, Total assets ($M): 267.765025 · Participants: 1667Maryland Electrical Industry Pension Plan
Citizens Bank of West Virginia Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare Citizens Bank of West Virginia Defined Benefit Pension Plan side-by-side with 3 peers →

Citizens Bank of West Virginia Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Puerto Rico Employees in VA ($6M); by covered participants it is The M/a/R/C Group Pension Plan in NY (30 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (30 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 Citizens Bank of West Virginia Defined Benefit Pension Plan assets move in 2023? ▼
Citizens Bank of West Virginia Defined Benefit Pension Plan grew at a solid clip - up 5.3% during 2023, from $5M to $6M. Reported net income was $282K.
How have Citizens Bank of West Virginia plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Citizens Bank of West Virginia's sponsor-wide assets grew 5.3%, from $5M to $6M.
Which Defined Benefit (Pension) plans are similar in size to Citizens Bank of West Virginia Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Puerto Rico Employees in VA ($6M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Citizens Bank of West Virginia Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The M/a/R/C Group Pension Plan in NY (30 participants, $20M 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 550143730.

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.