# Citizens Financial Group, INC. DB Plan
Source: https://planprovider.pro/companies/citizens-financial-group-inc-plan-014

> Citizens Financial Group, INC.'s DB plan: 281 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Citizens Financial Group, INC.

- **Sponsor EIN:** 050412693

- **Sponsor Address:** 910 DOUGLAS PIKE RSD115, SMITHFIELD, RI, 029171874

- **Plan Type:** DB

- **Total Participants:** 281

- **Total Assets:** $139.9M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|281|$139.9M|$0|$0|

| 2023|372|$134.0M|$0|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CLIFTONLARSONALLEN LLP|Auditor|$42,000|—|$42,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $42,000

- **Estimated Expense Ratio:** 0.030% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$976,355|$199,595|—|$42,000|—|

| 2023|$243,688|$14,795|—|—|$111,413|

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- [Citizens Financial Group, INC.](https://planprovider.pro/companies/citizens-financial-group-inc-401k-plan) — 17,701 participants

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