Plan Snapshot
- Plan Sponsor: Citizens, INC.
- Sponsor EIN: 840755371
- Sponsor Address: 11815 ALTERRA PKWY SUITE 1500, AUSTIN, TX, 78758
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $16.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 230 | $16.1M | $724,695 | $1.4M |
| 2023 | 220 | $13.1M | $691,415 | $1.2M |
| 2022 | 206 | $10.2M | $559,748 | $1.1M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $25,478 | — | $25,478 |
| BAUER AND COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,478
- Estimated Expense Ratio: 0.158% 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 | $44,557 | — | $44,557 | — | — |
| 2023 | $37,830 | — | $37,830 | — | — |
| 2022 | $38,239 | — | $38,239 | — | — |