Cfg Pension Plan — Form 5500 plan (Citizens Financial Group, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Cfg Pension Plan is a benefit plan reported by Citizens Financial Group, Inc. under EIN 05-0412693 and plan number 001. The latest loaded filing year is 2023. The filing reports 11,753 participants and $1,144,438,285 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens Financial Group, Inc.
- EIN
- 05-0412693
- Plan number
- 001
- Plan type
- 2
- Location
- Johnston, RI
- Latest filing year
- 2023
- Participants
- 11,753
- End-of-year plan assets
- $1,144,438,285
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 11,753 | H, C | 20241011123846NAL0038740688001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,144,438,285
- Total liabilities (EOY)
- $735,769
- Net assets (EOY)
- $1,143,702,516
- Net assets (BOY)
- $1,056,852,999
Income & contributions
- Total contributions
- $0
- Total income / additions
- $151,386,369
Expenses & distributions
- Benefits paid
- $60,259,910
- Administrative expenses
- $4,276,942
- Total expenses
- $64,536,852
- Net increase / (decrease)
- $86,849,517
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Towers Watson Delaware Inc | ACTUARY | $1,306,621 | not reported in the loaded dataset | 2023 |
| Prudential Trust Co. | INVEST. MGMT. | $560,462 | $0 | 2023 |
| Pacific Investment Mgmt Co. | INVEST. MGMT. | $489,558 | $0 | 2023 |
| Mercer Investment Consulting LLC | INVEST. ADV. | $221,625 | not reported in the loaded dataset | 2023 |
| Bank Of New York Mellon | TRUSTEE | $168,909 | not reported in the loaded dataset | 2023 |
| Blackrock Institutional Trust Co. | INVEST. MGMT. | $150,272 | $0 | 2023 |
| Fidelity | INVEST.MGMT | $59,392 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Citizens Financial Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in RI
- 401(k) and benefit plan filings in Johnston, RI
- Towers Watson Delaware Inc — Schedule C compensation
- Prudential Trust Co. — Schedule C compensation
- Pacific Investment Mgmt Co. — Schedule C compensation
- Mercer Investment Consulting LLC — Schedule C compensation
- Bank Of New York Mellon — Schedule C compensation
- Blackrock Institutional Trust Co. — Schedule C compensation
- Fidelity — Schedule C compensation