Citizens Bank 401(k) match, vesting and fees
What Citizens Bank's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Reilly, Penner & Benton, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Citizens Bank: employer contribution per participant | $1,779 | |
| Peer median | $2,868 |
| Citizens Bank: average balance | $98,240 | |
| Peer median | $95,281 |
| Citizens Bank: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $18.1M at the end of plan year 2021 to $22.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 230 | $22.2M | $402K | $1,779 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 233 | $19.7M | $383K | $1,694 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 236 | $16.5M | $374K | $1,626 | 0.31% | Not published | Form 5500 ↗ |
| 2021 | 226 | $18.1M | $359K | $1,641 | 0.33% | Not published | Form 5500 ↗ |
Other Citizens Bank plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Citizens Bank Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Reilly, Penner & Benton, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Citizens Bank Defined Benefit Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Citizens Bank match 401(k) contributions?
The match terms for the Citizens Bank 401k Mukwonago Wi have not been published from its filing yet. The plan year 2024 filing reports $402K in employer contributions, about $1,779 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Citizens Bank 401(k) match vested?
The vesting schedule for the Citizens Bank 401k Mukwonago Wi is not in the data published so far. Your Summary Plan Description states it.
Who manages the Citizens Bank 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Citizens Bank.
I left Citizens Bank. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Citizens Bank, (262) 378-4834) or the recordkeeper, Newport Group, Inc.. The Citizens Bank old 401(k) page lists the contacts from every plan filing. Find an old Citizens Bank 401(k)
Data from the public Form 5500 annual reports Citizens Bank filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Citizens Bank. Not financial advice. Report a correction · Methodology