Citizens Bank Employees' Retirement Savings Plan — Form 5500 plan (Citizens Bank)
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, Citizens Bank Employees' Retirement Savings Plan is a benefit plan reported by Citizens Bank under EIN 35-0227210 and plan number 003. The latest loaded filing year is 2023. The filing reports 152 participants and $7,706,849 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens Bank
- EIN
- 35-0227210
- Plan number
- 003
- Plan type
- 2
- Location
- Mooresville, IN
- Latest filing year
- 2023
- Participants
- 152
- End-of-year plan assets
- $7,706,849
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 152 | H, C | 20240918145749NAL0004508129001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,706,849
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,706,849
- Net assets (BOY)
- $6,841,634
Income & contributions
- Employer contributions
- $271,296
- Participant contributions
- $559,870
- Total contributions
- $854,413
- Total income / additions
- $1,830,486
Expenses & distributions
- Benefits paid
- $928,889
- Administrative expenses
- $36,382
- Total expenses
- $965,271
- Net increase / (decrease)
- $865,215
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Shepherd Financial Investment Advis | INVESTMENT ADVISOR | $22,039 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $14,343 | $0 | 2023 |