City National Bank of Florida 401(k) match, vesting and fees
What City National Bank of Florida'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Gerson Preston Klein Lips Eisenberg (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| City National Bank of Florida: employer contribution per participant | $4,300 | |
| Peer median | $2,966 |
| City National Bank of Florida: average balance | $96,007 | |
| Peer median | $104,792 |
| City National Bank of Florida: admin expenses ÷ assets | 0.14% | |
| Peer median | 0.10% |
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 $83.5M at the end of plan year 2021 to $110M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,208 | $110M | $4.9M | $4,300 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 1,151 | $95.2M | $5.4M | $4,789 | 0.15% | Not published | Form 5500 ↗ |
| 2022 | 1,258 | $76.9M | $4.9M | $4,087 | 0.15% | Not published | Form 5500 ↗ |
| 2021 | 1,155 | $83.5M | $3.7M | $3,458 | 0.14% | Not published | Form 5500 ↗ |
Common questions
Does City National Bank of Florida match 401(k) contributions?
The match terms for the City National Bank Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $4.9M in employer contributions, about $4,300 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the City National Bank of Florida 401(k) match vested?
The vesting schedule for the City National Bank Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the City National Bank of Florida 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is City National Bank of Florida.
I left City National Bank of Florida. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (City National Bank of Florida, (305) 577-7680) or the recordkeeper, Fidelity Investments Institutional. The City National Bank of Florida old 401(k) page lists the contacts from every plan filing. Find an old City National Bank of Florida 401(k)
Data from the public Form 5500 annual reports City National Bank of Florida filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 City National Bank of Florida. Not financial advice. Report a correction · Methodology