Citizens Bank 401(K) 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 401(K) Plan is a benefit plan reported by Citizens Bank under EIN 93-0462799 and plan number 001. The latest loaded filing year is 2023. The filing reports 233 participants and $25,230,085 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens Bank
- EIN
- 93-0462799
- Plan number
- 001
- Plan type
- 2
- Location
- Corvallis, OR
- Latest filing year
- 2023
- Participants
- 233
- End-of-year plan assets
- $25,230,085
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 233 | H, C | 20241010154920NAL0011688403001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,230,085
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,230,085
- Net assets (BOY)
- $19,710,563
Income & contributions
- Employer contributions
- $745,088
- Participant contributions
- $1,153,949
- Total contributions
- $2,956,920
- Total income / additions
- $6,815,291
Expenses & distributions
- Benefits paid
- $1,233,112
- Administrative expenses
- $62,657
- Total expenses
- $1,295,769
- Net increase / (decrease)
- $5,519,522
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $62,657 | $0 | 2023 |
| Edward Jones | INVESTMENT ADVISORY | $0 | $31,376 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |