401(k) · DOL Form 5500 · 2024

Citizens First Bank 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
47
Participants Small participant base
38th
Percentile by assets National rank
$82,328
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Citizens First Bank 401(k) Plan · Sponsored by Citizens First Bank · Iowa · Finance & Insurance

$4M in assets, 47 participants

Citizens First Bank's Citizens First Bank 401(k) Plan reported $4M in total assets and 47 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #2,136 in Finance & Insurance (8,549 peers)

2024 asset change

Citizens First Bank 401(k) Plan grew sharply 17.9% in 2024 ($3M → $4M) for 47 participants.

#2,136
in Finance & Insurance (8,549 peers)
+17.9%
assets growth YoY

Citizens First Bank 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$3,869,422 38th percentile higher than 38% 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 First Bank 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Citizens First Bank 401(k) Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Citizens First Bank 401(k) Plan reported net income rose from -$910K in the plan year 2023 filing to $589K in the plan year 2024 filing.
  • Citizens First Bank 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Citizens First Bank 401(k) Plan reported participants fell from 50 in the plan year 2023 filing to 47 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 421501088 · Citizens First Bank PY 2024 · 401(k)

Citizens First Bank 401(k) Plan · $4M · 47 · 38th

  • BOY $4M
  • BOY 47
  • BOY 38th
  • BOY 401(k)
  • BOY near Seasons Hospice, Inc. 401(k) Plan
  • BOY ind #2136

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 Iowa →

Citizens First Bank 401(k) Plan in the asset neighbourhood

Citizens First Bank 401(k) PlanCitizens First Bank 401(k) P…$4MSeasons Hospice, Inc. 401(k) PlanSeasons Hospice, Inc. 401(k)…$4MDbspectra Inc 401(k) Profit Sharing Plan & TrustDbspectra Inc 401(k) Profit …$4MTremaine Enterprises, Inc. 401(k) Profit Sharing PlanTremaine Enterprises, Inc. 4…$4MMckinney & Company, Inc. Employee Stock Ownership and Savings PlanMckinney & Company, Inc. Emp…$4M
End-of-year total assets ($M) among Citizens First Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Citizens First Bank years around the 2024 move

Sponsor-wide plan assets over time

All Citizens First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$4M 7.672136060537948% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M 202220232024 $4.19M $3.87M ▼ -7.6%
Year Plans Participants Total Assets
2022 1 48 $4M
2023 1 50 $3M
2024 1 47 $4M

2024 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$589K
Employer EIN421501088
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Citizens First Bank 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Citizens First Bank 401(k) Plan, Total assets ($B): 0.003869422 · Participants: 47Citizens First Bank 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Citizens First Bank 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Citizens First Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Seasons Hospice, Inc. 401(k) Plan in TX ($4M); by covered participants it is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (47 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 First Bank 401(k) Plan assets move in 2024? ▼
Citizens First Bank 401(k) Plan grew sharply - up 17.9% during 2024, from $3M to $4M. Reported net income was $589K.
How have Citizens First Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citizens First Bank's sponsor-wide assets declined 7.7%, from $4M to $4M.
Which 401(k) plans are similar in size to Citizens First Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Seasons Hospice, Inc. 401(k) Plan in TX ($4M, 107 participants).
Which 401(k) plans cover a similar participant headcount to Citizens First Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants, $35M 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 421501088.

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.