2023 Form 5500 filing — Citizens Bank Salary Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007091437NAL0014971809001) for Citizens Bank Salary Savings Plan, reported by Citizens Bank under EIN 62-1580428 and plan number 002. It reports 267 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007091437NAL0014971809001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Citizens Bank
- EIN
- 62-1580428
- Plan number
- 002
- Location
- Elizabethton, TN
- Participants
- 267
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,590,981
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,590,981
- Employer contributions
- $618,401
- Participant contributions
- $1,236,490
- Total income / additions
- $4,543,902
- Benefits paid
- $1,104,543
- Administrative expenses
- $48,845
- Total expenses
- $1,153,388
- Net increase / (decrease)
- $3,390,514
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wilshire Associates Inc (Usa) | RIA | $3,756 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,034 | not reported in the loaded dataset |