401(k) · DOL Form 5500 · 2024

South Plains Financial, Inc. 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
607
Participants Below avg headcount
84th
Percentile by assets National rank
$82,714
Avg per participant Below avg balance/head
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Official DOL plan name: City Bank 401(k) Plan · Sponsored by South Plains Financial, Inc. · Texas · Finance & Insurance

$50M in assets, 607 participants

South Plains Financial, Inc.'s City Bank 401(k) Plan reported $50M in total assets and 607 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,454 in Finance & Insurance (8,549 peers)

Where City Bank 401(k) Plan sits by assets

City Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $50M for 607 participants (~$82,714/participant), up 11.0% in 2024.

#6,454
in Finance & Insurance (8,549 peers)
+11.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

City Bank 401(k) Plan's outsized position by total assets

City Bank 401(k) Plan vs every filed plan by assets

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

$50,207,650 Top 16% higher than 84% 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

City 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. City Bank 401(k) Plan sits mid-pack in the medium band (607 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • City Bank 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • City Bank 401(k) Plan end-of-year assets rose from $45M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • City Bank 401(k) Plan reported participants fell from 657 in the plan year 2023 filing to 607 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 752453320 · South Plains Financial, Inc. PY 2024 · 401(k)

City Bank 401(k) Plan · $50M · 607 · 84th

  • TYPE $50M
  • TYPE 607
  • TYPE 84th
  • TYPE 401(k)
  • TYPE near La Costena USA 401(k) Plan
  • TYPE ind #6454

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 Texas →

City Bank 401(k) Plan in the asset neighbourhood

City Bank 401(k) Plan$50MLa Costena USA 401(k) Plan$50MConsumers Credit Union 401(k) Savings PlanConsumers Credit Union 401(k…$50MKalmar USA Holding, Inc. 401(k) PlanKalmar USA Holding, Inc. 401…$50MCalegari & Morris, Accountants, a Professional Corporation 401(k) Profit Sharing PlanCalegari & Morris, Accountan…$50M
End-of-year total assets ($M) among City Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$50M
Net Income$5M
Employer EIN752453320
Plan Effective Date2019-05-09
Filing StatusFILING RECEIVED

Sponsor Plan History (South Plains Financial, Inc.)

Sponsor-wide plan assets over time

All South Plains Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50M 55.54218502085276% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $113M $50.2M ▼ -55.5%
Year Plans Participants Total Assets
2022 3 1,646 $113M
2023 1 657 $45M
2024 1 607 $50M

Nearby 401(k) Plans in Texas

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

City Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants City Bank 401(k) Plan, Total assets ($B): 0.05020765 · Participants: 607City Bank 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
City Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare City Bank 401(k) Plan side-by-side with 3 peers →

City Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is La Costena USA 401(k) Plan in MN ($50M); by covered participants it is Hatco Corporation 401(k) Trust in WI (607 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (607 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 City Bank 401(k) Plan assets move in 2024? ▼
City Bank 401(k) Plan grew at a solid clip - up 11.0% during 2024, from $45M to $50M. Reported net income was $5M.
How have South Plains Financial, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Plains Financial, Inc.'s sponsor-wide assets declined 55.5%, from $113M to $50M.
Where does City Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
City Bank 401(k) Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to City Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is La Costena USA 401(k) Plan in MN ($50M, 566 participants).
Which 401(k) plans cover a similar participant headcount to City Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hatco Corporation 401(k) Trust in WI (607 participants, $79M 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 752453320.

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.