Cfg Retirement Savings 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 Retirement Savings Plan is a benefit plan reported by Citizens Financial Group, Inc. under EIN 05-0412693 and plan number 002. The latest loaded filing year is 2023. The filing reports 27,059 participants and $2,930,113,664 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
- 002
- Plan type
- 2
- Location
- Johnston, RI
- Latest filing year
- 2023
- Participants
- 27,059
- End-of-year plan assets
- $2,930,113,664
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 27,059 | H, C | 20240925111010NAL0028904994001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,930,113,664
- Total liabilities (EOY)
- $208,621
- Net assets (EOY)
- $2,929,905,043
- Net assets (BOY)
- $2,504,237,795
Income & contributions
- Employer contributions
- $82,306,230
- Participant contributions
- $132,632,753
- Total contributions
- $246,923,298
- Total income / additions
- $715,881,780
Expenses & distributions
- Benefits paid
- $286,422,835
- Administrative expenses
- $2,134,131
- Total expenses
- $290,214,532
- Net increase / (decrease)
- $425,667,248
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $1,494,433 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $1,293,359 | not reported in the loaded dataset | 2023 |
| Mercer Investment Consulting Inc | NONE | $103,750 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | NONE | $68,775 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche Llp | NONE | $63,000 | not reported in the loaded dataset | 2023 |
| Sobel And Co LLC Cpa | NONE | $32,000 | not reported in the loaded dataset | 2023 |
| Cliftonlarsonallen Llp | NONE | $26,885 | not reported in the loaded dataset | 2023 |
| Qdro Consultants | NONE | $4,800 | 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
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Mercer Investment Consulting Inc — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Deloitte & Touche Llp — Schedule C compensation
- Sobel And Co LLC Cpa — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation
- Qdro Consultants — Schedule C compensation