Citizens Bancshares Inc.
Plan context: Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop
EIN 73-1543851 • 26 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
59
2024 Assets
$12,293,832
2024 Contributions
$1,374,162
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 59 | $12,293,832 | $1,374,162 | $23,291iApproximate average salary by contribution assumption: employee only about $582,272 at 4% or $388,181 at 6%; with 50% employer match about $388,181 at 4% or $258,788 at 6%; with 100% employer match about $291,136 at 4% or $194,091 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 59 | $12,293,832 | $1,374,162 | $23,291iApproximate average salary by contribution assumption: employee only about $582,272 at 4% or $388,181 at 6%; with 50% employer match about $388,181 at 4% or $258,788 at 6%; with 100% employer match about $291,136 at 4% or $194,091 at 6%. |
| 2023 | 1 | 66 | $12,136,312 | $426,719 | $6,465iApproximate average salary by contribution assumption: employee only about $161,636 at 4% or $107,757 at 6%; with 50% employer match about $107,757 at 4% or $71,838 at 6%; with 100% employer match about $80,818 at 4% or $53,879 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 66 | $12,136,312 | $426,719 | $6,465iApproximate average salary by contribution assumption: employee only about $161,636 at 4% or $107,757 at 6%; with 50% employer match about $107,757 at 4% or $71,838 at 6%; with 100% employer match about $80,818 at 4% or $53,879 at 6%. |
| 2022 | 1 | 57 | $11,474,994 | $657,421 | $11,534iApproximate average salary by contribution assumption: employee only about $288,343 at 4% or $192,228 at 6%; with 50% employer match about $192,228 at 4% or $128,152 at 6%; with 100% employer match about $144,171 at 4% or $96,114 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 57 | $11,474,994 | $657,421 | $11,534iApproximate average salary by contribution assumption: employee only about $288,343 at 4% or $192,228 at 6%; with 50% employer match about $192,228 at 4% or $128,152 at 6%; with 100% employer match about $144,171 at 4% or $96,114 at 6%. |
| 2021 | 1 | 50 | $11,749,752 | $1,493,716 | $29,874iApproximate average salary by contribution assumption: employee only about $746,858 at 4% or $497,905 at 6%; with 50% employer match about $497,905 at 4% or $331,937 at 6%; with 100% employer match about $373,429 at 4% or $248,953 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 50 | $11,749,752 | $1,493,716 | $29,874iApproximate average salary by contribution assumption: employee only about $746,858 at 4% or $497,905 at 6%; with 50% employer match about $497,905 at 4% or $331,937 at 6%; with 100% employer match about $373,429 at 4% or $248,953 at 6%. |
| 2020 | 1 | 46 | $9,673,317 | $427,078 | $9,284iApproximate average salary by contribution assumption: employee only about $232,108 at 4% or $154,738 at 6%; with 50% employer match about $154,738 at 4% or $103,159 at 6%; with 100% employer match about $116,054 at 4% or $77,369 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 46 | $9,673,317 | $427,078 | $9,284iApproximate average salary by contribution assumption: employee only about $232,108 at 4% or $154,738 at 6%; with 50% employer match about $154,738 at 4% or $103,159 at 6%; with 100% employer match about $116,054 at 4% or $77,369 at 6%. |
| 2019 | 1 | 44 | $8,626,774 | $331,579 | $7,536iApproximate average salary by contribution assumption: employee only about $188,397 at 4% or $125,598 at 6%; with 50% employer match about $125,598 at 4% or $83,732 at 6%; with 100% employer match about $94,199 at 4% or $62,799 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 44 | $8,626,774 | $331,579 | $7,536iApproximate average salary by contribution assumption: employee only about $188,397 at 4% or $125,598 at 6%; with 50% employer match about $125,598 at 4% or $83,732 at 6%; with 100% employer match about $94,199 at 4% or $62,799 at 6%. |
| 2018 | 1 | 48 | $7,971,541 | $322,619 | $6,721iApproximate average salary by contribution assumption: employee only about $168,031 at 4% or $112,020 at 6%; with 50% employer match about $112,020 at 4% or $74,680 at 6%; with 100% employer match about $84,015 at 4% or $56,010 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 48 | $7,971,541 | $322,619 | $6,721iApproximate average salary by contribution assumption: employee only about $168,031 at 4% or $112,020 at 6%; with 50% employer match about $112,020 at 4% or $74,680 at 6%; with 100% employer match about $84,015 at 4% or $56,010 at 6%. |
| 2017 | 1 | 50 | $8,618,022 | $423,054 | $8,461iApproximate average salary by contribution assumption: employee only about $211,527 at 4% or $141,018 at 6%; with 50% employer match about $141,018 at 4% or $94,012 at 6%; with 100% employer match about $105,764 at 4% or $70,509 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 50 | $8,618,022 | $423,054 | $8,461iApproximate average salary by contribution assumption: employee only about $211,527 at 4% or $141,018 at 6%; with 50% employer match about $141,018 at 4% or $94,012 at 6%; with 100% employer match about $105,764 at 4% or $70,509 at 6%. |
| 2016 | 1 | 50 | $8,097,281 | $826,037 | $16,521iApproximate average salary by contribution assumption: employee only about $413,019 at 4% or $275,346 at 6%; with 50% employer match about $275,346 at 4% or $183,564 at 6%; with 100% employer match about $206,509 at 4% or $137,673 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 50 | $8,097,281 | $826,037 | $16,521iApproximate average salary by contribution assumption: employee only about $413,019 at 4% or $275,346 at 6%; with 50% employer match about $275,346 at 4% or $183,564 at 6%; with 100% employer match about $206,509 at 4% or $137,673 at 6%. |
| 2015 | 1 | 44 | $7,781,085 | $333,229 | $7,573iApproximate average salary by contribution assumption: employee only about $189,335 at 4% or $126,223 at 6%; with 50% employer match about $126,223 at 4% or $84,149 at 6%; with 100% employer match about $94,667 at 4% or $63,112 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 44 | $7,781,085 | $333,229 | $7,573iApproximate average salary by contribution assumption: employee only about $189,335 at 4% or $126,223 at 6%; with 50% employer match about $126,223 at 4% or $84,149 at 6%; with 100% employer match about $94,667 at 4% or $63,112 at 6%. |
| 2014 | 1 | 47 | $7,095,934 | $223,277 | $4,751iApproximate average salary by contribution assumption: employee only about $118,764 at 4% or $79,176 at 6%; with 50% employer match about $79,176 at 4% or $52,784 at 6%; with 100% employer match about $59,382 at 4% or $39,588 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 47 | $7,095,934 | $223,277 | $4,751iApproximate average salary by contribution assumption: employee only about $118,764 at 4% or $79,176 at 6%; with 50% employer match about $79,176 at 4% or $52,784 at 6%; with 100% employer match about $59,382 at 4% or $39,588 at 6%. |
| 2013 | 1 | 50 | $5,821,398 | $408,751 | $8,175iApproximate average salary by contribution assumption: employee only about $204,376 at 4% or $136,250 at 6%; with 50% employer match about $136,250 at 4% or $90,834 at 6%; with 100% employer match about $102,188 at 4% or $68,125 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 50 | $5,821,398 | $408,751 | $8,175iApproximate average salary by contribution assumption: employee only about $204,376 at 4% or $136,250 at 6%; with 50% employer match about $136,250 at 4% or $90,834 at 6%; with 100% employer match about $102,188 at 4% or $68,125 at 6%. |
| 2012 | 1 | 66 | $4,821,139 | $389,396 | $5,900iApproximate average salary by contribution assumption: employee only about $147,498 at 4% or $98,332 at 6%; with 50% employer match about $98,332 at 4% or $65,555 at 6%; with 100% employer match about $73,749 at 4% or $49,166 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 66 | $4,821,139 | $389,396 | $5,900iApproximate average salary by contribution assumption: employee only about $147,498 at 4% or $98,332 at 6%; with 50% employer match about $98,332 at 4% or $65,555 at 6%; with 100% employer match about $73,749 at 4% or $49,166 at 6%. |
| 2011 | 1 | 68 | $4,357,806 | $393,075 | $5,781iApproximate average salary by contribution assumption: employee only about $144,513 at 4% or $96,342 at 6%; with 50% employer match about $96,342 at 4% or $64,228 at 6%; with 100% employer match about $72,256 at 4% or $48,171 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 68 | $4,357,806 | $393,075 | $5,781iApproximate average salary by contribution assumption: employee only about $144,513 at 4% or $96,342 at 6%; with 50% employer match about $96,342 at 4% or $64,228 at 6%; with 100% employer match about $72,256 at 4% or $48,171 at 6%. |
| 2010 | 1 | 78 | $3,784,693 | $605,091 | $7,758iApproximate average salary by contribution assumption: employee only about $193,939 at 4% or $129,293 at 6%; with 50% employer match about $129,293 at 4% or $86,195 at 6%; with 100% employer match about $96,970 at 4% or $64,646 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 78 | $3,784,693 | $605,091 | $7,758iApproximate average salary by contribution assumption: employee only about $193,939 at 4% or $129,293 at 6%; with 50% employer match about $129,293 at 4% or $86,195 at 6%; with 100% employer match about $96,970 at 4% or $64,646 at 6%. |
| 2009 | 1 | 104 | $4,984,300 | $331,214 | $3,185iApproximate average salary by contribution assumption: employee only about $79,619 at 4% or $53,079 at 6%; with 50% employer match about $53,079 at 4% or $35,386 at 6%; with 100% employer match about $39,809 at 4% or $26,540 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 104 | $4,984,300 | $331,214 | $3,185iApproximate average salary by contribution assumption: employee only about $79,619 at 4% or $53,079 at 6%; with 50% employer match about $53,079 at 4% or $35,386 at 6%; with 100% employer match about $39,809 at 4% or $26,540 at 6%. |
| 2008 | 1 | 69 | $0 | $0 | - |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 69 | - | - | - |
| 2007 | 1 | 56 | $0 | $0 | - |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 56 | - | - | - |
| 2006 | 1 | 51 | $8,179,896 | $334,335 | $6,556iApproximate average salary by contribution assumption: employee only about $163,890 at 4% or $109,260 at 6%; with 50% employer match about $109,260 at 4% or $72,840 at 6%; with 100% employer match about $81,945 at 4% or $54,630 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 51 | $8,179,896 | $334,335 | $6,556iApproximate average salary by contribution assumption: employee only about $163,890 at 4% or $109,260 at 6%; with 50% employer match about $109,260 at 4% or $72,840 at 6%; with 100% employer match about $81,945 at 4% or $54,630 at 6%. |
| 2005 | 1 | 50 | $6,890,807 | $234,221 | $4,684iApproximate average salary by contribution assumption: employee only about $117,111 at 4% or $78,074 at 6%; with 50% employer match about $78,074 at 4% or $52,049 at 6%; with 100% employer match about $58,555 at 4% or $39,037 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 50 | $6,890,807 | $234,221 | $4,684iApproximate average salary by contribution assumption: employee only about $117,111 at 4% or $78,074 at 6%; with 50% employer match about $78,074 at 4% or $52,049 at 6%; with 100% employer match about $58,555 at 4% or $39,037 at 6%. |
| 2004 | 1 | 58 | $5,791,835 | $222,133 | $3,830iApproximate average salary by contribution assumption: employee only about $95,747 at 4% or $63,831 at 6%; with 50% employer match about $63,831 at 4% or $42,554 at 6%; with 100% employer match about $47,873 at 4% or $31,916 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 58 | $5,791,835 | $222,133 | $3,830iApproximate average salary by contribution assumption: employee only about $95,747 at 4% or $63,831 at 6%; with 50% employer match about $63,831 at 4% or $42,554 at 6%; with 100% employer match about $47,873 at 4% or $31,916 at 6%. |
| 2003 | 1 | 61 | $5,012,334 | $595,309 | $9,759iApproximate average salary by contribution assumption: employee only about $243,979 at 4% or $162,653 at 6%; with 50% employer match about $162,653 at 4% or $108,435 at 6%; with 100% employer match about $121,990 at 4% or $81,326 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 61 | $5,012,334 | $595,309 | $9,759iApproximate average salary by contribution assumption: employee only about $243,979 at 4% or $162,653 at 6%; with 50% employer match about $162,653 at 4% or $108,435 at 6%; with 100% employer match about $121,990 at 4% or $81,326 at 6%. |
| 2002 | 1 | 59 | $3,791,644 | $380,041 | $6,441iApproximate average salary by contribution assumption: employee only about $161,034 at 4% or $107,356 at 6%; with 50% employer match about $107,356 at 4% or $71,571 at 6%; with 100% employer match about $80,517 at 4% or $53,678 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 59 | $3,791,644 | $380,041 | $6,441iApproximate average salary by contribution assumption: employee only about $161,034 at 4% or $107,356 at 6%; with 50% employer match about $107,356 at 4% or $71,571 at 6%; with 100% employer match about $80,517 at 4% or $53,678 at 6%. |
| 2001 | 1 | 55 | $0 | $0 | - |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 55 | - | - | - |
| 2000 | 1 | 53 | $2,731,045 | $255,168 | $4,814iApproximate average salary by contribution assumption: employee only about $120,362 at 4% or $80,242 at 6%; with 50% employer match about $80,242 at 4% or $53,494 at 6%; with 100% employer match about $60,181 at 4% or $40,121 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 53 | $2,731,045 | $255,168 | $4,814iApproximate average salary by contribution assumption: employee only about $120,362 at 4% or $80,242 at 6%; with 50% employer match about $80,242 at 4% or $53,494 at 6%; with 100% employer match about $60,181 at 4% or $40,121 at 6%. |
| 1999 | 1 | 48 | $2,437,942 | $321,258 | $6,693iApproximate average salary by contribution assumption: employee only about $167,322 at 4% or $111,548 at 6%; with 50% employer match about $111,548 at 4% or $74,365 at 6%; with 100% employer match about $83,661 at 4% or $55,774 at 6%. |
| Citizens Bancshares Inc. Employee Stock Ownership Plan Ksop | - | 48 | $2,437,942 | $321,258 | $6,693iApproximate average salary by contribution assumption: employee only about $167,322 at 4% or $111,548 at 6%; with 50% employer match about $111,548 at 4% or $74,365 at 6%; with 100% employer match about $83,661 at 4% or $55,774 at 6%. |