Defined Benefit (Pension) · DOL Form 5500 · 2024
Citizens Financial Group, Inc. Pension Plan
Data updated 2026-08-11
- $146M
- Total assets
- 281
- Participants
- 93rd
- Percentile by assets
- $521,039
- Avg per participant
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.
- 93rd percentile by assets (of 123,622 plans)
- #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.
- $146M
- total plan assets (2024 EOY)
- 281
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $521,039
- avg assets per participant
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.
Participants vs Rhode Island filers
In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Investors Bank Pension Plan reports 281 participants - about 19% of that state average ($146M EOY assets).
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $140M |
|---|---|
| Net Assets (End of Year) | $146M |
| Net Income | $7M |
| Employer EIN | 050412693 |
| Plan Effective Date | 2022-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Citizens Financial Group, Inc.)
| 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
- The Bank of America Pension Plan $19.0B · 53,831
- Textron Master Retirement Plan $5.5B · 6,888
- Factory Mutual Insurance Company Pension Plan $3.0B · 3,656
- Bell Helicopter Textron Master Retirement Plan $2.3B · 2,671
- Amica Pension Fund $1.7B · 2,172
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Investors Bank Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Investors Bank Pension Plan assets move in 2024? ▼
How have Citizens Financial Group, Inc. plan assets changed over time? ▼
Where does Investors Bank Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Investors Bank Pension Plan? ▼
Next read for Investors Bank Pension Plan
Filing takeaways
Ways to act on Investors Bank Pension Plan's numbers.
- By total assets, Investors Bank Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Rhode Island. Compare plans
- Citizens Financial Group, Inc.'s sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Finance & Insurance plans