401(k) · DOL Form 5500 · 2024
Customers Bank 401(k) Plan
Data updated 2026-08-25
- $96M
- Total assets Below avg plan size
- 703
- Participants Below avg headcount
- 90th
- Percentile by assets National rank
- $136,685
- Avg per participant Near avg balance/head
Official DOL plan name: Customers Bank 401(k) Plan · Sponsored by Customers Bank · Pennsylvania · Finance & Insurance
$96M in assets, 703 participants
Customers Bank's Customers Bank 401(k) Plan reported $96M in total assets and 703 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.
- #7,235 in Finance & Insurance (8,549 peers)
Where Customers Bank 401(k) Plan sits by assets
Customers Bank 401(k) Plan sits in the top 10% of all filed plans by assets, $96M for 703 participants (~$136,685/participant), up 22.2% in 2024.
- #7,235
- in Finance & Insurance (8,549 peers)
- +22.2%
- assets growth YoY
- 1.0×
- vs typical plan assets (national mean)
Customers Bank 401(k) Plan's outsized position by total assets
Customers Bank 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$96,089,641 Top 10% higher than 90% 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
Customers Bank 401(k) 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. Customers Bank 401(k) Plan sits mid-pack in the medium band (703 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Customers Bank 401(k) Plan reported participants fell from 935 in the plan year 2023 filing to 703 in the plan year 2024 filing.
- Customers Bank 401(k) Plan end-of-year assets rose from $79M in the plan year 2023 filing to $96M in the plan year 2024 filing.
- Customers Bank 401(k) Plan reported net income rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 232892229 · Customers Bank PY 2024 · 401(k)
Customers Bank 401(k) Plan · $96M · 703 · 90th
- VS-ST $96M
- VS-ST 703
- VS-ST 90th
- VS-ST 401(k)
- VS-ST near Swift, Currie, Mcghee & Hiers 401(k) Profit Sharing Plan
- VS-ST ind #7235
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 Pennsylvania →
Customers Bank 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $79M |
|---|---|
| Net Assets (End of Year) | $96M |
| Net Income | $17M |
| Employer EIN | 232892229 |
| Plan Effective Date | 2000-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Customers Bank)
Sponsor-wide plan assets over time
All Customers Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $96M 20.446751694778243% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 905 | $80M |
| 2023 | 1 | 935 | $79M |
| 2024 | 1 | 703 | $96M |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Customers Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Swift, Currie, Mcghee & Hiers 401(k) Profit Sharing Plan in GA ($96M); by covered participants it is Armacell, LLC Retirement Savings Plan in NC (703 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($96M here).
- Swift, Currie, Mcghee & Hiers 401(k) Profit Sharing Plan (GA) $96M · 328
- American Furniture Warehouse 401(k) Plan (CO) $96M · 2,878
- Qualus 401(k) Plan (FL) $96M · 978
- Associated General Contractors of Sd 401(k) Profit Sharing Plan (SD) $96M · 1,328
Similar participant headcount
Nearest other-state filings by covered participants (703 participants); asset peers above are excluded.
- Armacell, LLC Retirement Savings Plan (NC) 703 · 0 off
- Peterson Contractors, Inc. Profit Sharing Plan (IA) 703 · 0 off
- Iowa 80 Group, Inc. 401(k) Plan (IA) 703 · 0 off
- Vaughn Industries, LLC 401(k) Profit Sharing Plan (OH) 703 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.