Defined Benefit (Pension) · DOL Form 5500 · 2024

Citizens Financial Group, Inc. Pension Plan

Data updated 2026-08-25

$146M
Total assets Near avg plan size
281
Participants Below avg headcount
93rd
Percentile by assets National rank
$521,039
Avg per participant High balance/head
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Official DOL plan name: Investors Bank Pension Plan · Sponsored by Citizens Financial Group, Inc. · Rhode Island · Finance & Insurance

$146M in assets, 281 participants

Citizens Financial Group, Inc.'s Investors Bank Pension Plan reported $146M in total assets and 281 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,583 in Finance & Insurance (8,549 peers)

Coverage in Rhode Island

Investors Bank Pension Plan covers 281 participants in Rhode Island, about 19% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $146M.

#7,583
in Finance & Insurance (8,549 peers)
+4.6%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Investors Bank Pension Plan's outsized position by total assets

Investors Bank Pension Plan vs every filed plan by assets

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

$146,412,043 Top 7% higher than 93% 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

Investors Bank Pension 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. Investors Bank Pension Plan sits mid-pack in the medium band (281 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Investors Bank Pension Plan reported participants fell from 372 in the plan year 2023 filing to 281 in the plan year 2024 filing.
  • Investors Bank Pension Plan reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Investors Bank Pension Plan end-of-year assets rose from $140M in the plan year 2023 filing to $146M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 050412693 · Citizens Financial Group, Inc. PY 2024 · Defined Benefit (Pension)

Investors Bank Pension Plan · $146M · 281 · 93rd

  • EOY $146M
  • 5500 281
  • ASSETS 93rd
  • PCT Defined Benefit (Pension)
  • EIN near Laborers District Council Pension and Disability Trust Fund No. 2
  • RANK ind #7583

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 Rhode Island →

Investors Bank Pension Plan in the asset neighbourhood

Bac Local Union 15 Pension FundBac Local Union 15 Pension F…$147MRetirement Income Plan for Employees of Northern Arizona HealthcareRetirement Income Plan for E…$147MInvestors Bank Pension Plan$146MLaborers District Council Pension and Disability Trust Fund No. 2Laborers District Council Pe…$146MSps Technologies, LLC Retirement Income PlanSps Technologies, LLC Retire…$146M
End-of-year total assets ($M) among Investors Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Rhode Island filing particulars

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$146M
Net Income$7M
Employer EIN050412693
Plan Effective Date2022-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens Financial Group, Inc.)

Sponsor-wide plan assets over time

All Citizens Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4.6B 24.39108783593405% vs 2022
2024 filing year
$3.5B$4B$4.5B$5B 202220232024 $3.7B $4.6B ▲ +24.3%
Year Plans Participants Total Assets
2022 3 21,615 $3.7B
2023 3 22,715 $4.2B
2024 3 21,136 $4.6B

Nearby Defined Benefit (Pension) Plans in Rhode Island

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

Investors Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Investors Bank Pension Plan, Total assets ($B): 0.146412043 · Participants: 281Investors Bank Pension PlanThe Bank of America Pension Plan, Total assets ($B): 19.041232839 · Participants: 53831The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 5.458240388 · Participants: 6888Textron Master Retirement PlanFactory Mutual Insurance Company Pension Plan, Total assets ($B): 3.028187818 · Participants: 3656Factory Mutual Insurance Company Pension PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.329548169 · Participants: 2671Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.66403358 · Participants: 2172Amica Pension Fund
Investors Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
Compare Investors Bank Pension Plan side-by-side with 3 peers →

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

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Laborers District Council Pension and Disability Trust Fund No. 2 in MD ($146M); by covered participants it is Local No. 8 Retirement Fund in NY (281 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (281 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 Investors Bank Pension Plan assets move in 2024? ▼
Investors Bank Pension Plan edged up modestly - up 4.6% during 2024, from $140M to $146M. Reported net income was $7M.
How have Citizens Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citizens Financial Group, Inc.'s sponsor-wide assets grew 24.4%, from $3.7B to $4.6B.
Where does Investors Bank Pension Plan rank by assets among Form 5500 filers? ▼
Investors Bank Pension Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Investors Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Laborers District Council Pension and Disability Trust Fund No. 2 in MD ($146M, 1,893 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Investors Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local No. 8 Retirement Fund in NY (281 participants, $92M 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 050412693.

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.