401(k) · DOL Form 5500 · 2024

Citizens Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
66
Participants Small participant base
60th
Percentile by assets National rank
$186,270
Avg per participant Above avg balance/head
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Official DOL plan name: Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) · Sponsored by Citizens Bancshares, Inc. · Oklahoma · Finance & Insurance

$12M in assets, 66 participants

Citizens Bancshares, Inc.'s Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) reported $12M in total assets and 66 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,777 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) holds $12M for 66 participants - about $186,270 per participant, above the median plan by assets.

#3,777
in Finance & Insurance (8,549 peers)
+1.3%
assets growth YoY

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision)'s mid-pack asset rank among Finance & Insurance and all filers

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) vs every filed plan by assets

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

$12,293,832 Top 40% higher than 60% 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 Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) 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 Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) is a small filing (66 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) reported net income fell from $661K in the plan year 2023 filing to $158K in the plan year 2024 filing.
  • Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) reported participants rose from 59 in the plan year 2023 filing to 66 in the plan year 2024 filing.
  • Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) end-of-year assets rose from $12M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 731543851 · Citizens Bancshares, Inc. PY 2024 · 401(k)

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) · $12M · 66 · 60th

  • IND $12M
  • EOY 66
  • 5500 60th
  • ASSETS 401(k)
  • PCT near Stork H&e Turbo Blading, Inc. 401(k) Plan
  • EIN ind #3777

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 Oklahoma →

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) in the asset neighbourhood

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision)Citizens Bancshares, Inc. Em…$12MStork H&e Turbo Blading, Inc. 401(k) PlanStork H&e Turbo Blading, Inc…$12M401(k) Profit Sharing Plan for Employees of Superior Machining & Fabrication, Inc.401(k) Profit Sharing Plan f…$12MPinnacle Home Care, Inc. 401(k) Profit Sharing PlanPinnacle Home Care, Inc. 401…$12MJohnson-Davis Incorporated Savings & Retirement PlanJohnson-Davis Incorporated S…$12M
End-of-year total assets ($M) among Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income$158K
Employer EIN731543851
Plan Effective Date1997-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Bancshares, Inc.)

Sponsor-wide plan assets over time

All Citizens Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 7.135846868416664% vs 2022
2024 filing year
$11M$11.5M$12M$12.5M 202220232024 $11.5M $12.3M ▲ +7.1%
Year Plans Participants Total Assets
2022 1 54 $11M
2023 1 59 $12M
2024 1 66 $12M

Nearby 401(k) Plans in Oklahoma

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

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246 Total assets ($B) Participants Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision), Total assets ($B): 0.012293832 · Participants: 66Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision)Quiktrip Corporation Retirement Plan, Total assets ($B): 4.827423826 · Participants: 13369Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.978642425 · Participants: 5204The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.415489 · Participants: 4756Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.190240873 · Participants: 4907Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 1.073833495 · Participants: 1958Devon Energy Corporation Incentive Savings Plan
Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision)'s out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Stork H&e Turbo Blading, Inc. 401(k) Plan in NY ($12M); by covered participants it is California Fine Wire Company 401(k) Profit Sharing Plan in CA (66 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (66 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 Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) assets move in 2024?
Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision) edged up modestly - up 1.3% during 2024, from $12M to $12M. Reported net income was $158K.
How have Citizens Bancshares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Citizens Bancshares, Inc.'s sponsor-wide assets grew 7.1%, from $11M to $12M.
Which 401(k) plans are similar in size to Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision)?
Among 401(k) plans in other states, the closest by assets is Stork H&e Turbo Blading, Inc. 401(k) Plan in NY ($12M, 106 participants).
Which 401(k) plans cover a similar participant headcount to Citizens Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provision)?
Among 401(k) plans in other states, the closest by covered participants is California Fine Wire Company 401(k) Profit Sharing Plan in CA (66 participants, $21M in assets).