Citizens Financial Group, Inc. 401(k): best low-cost funds
CFG Retirement Savings Plan · Plan #002 · Johnston, RI
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| Vanguard Institutional 500 Index TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $1.1B |
| Vanguard Institutional Extnd MKT ID | Vanguard Fiduciary Trust Company | Common/collective trust | $457.5M |
| Vanguard Inst Total Intl Stck MKT I | Vanguard Fiduciary Trust Company | Common/collective trust | $258.4M |
| Fidelity Freedom Institutional Cash | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $157.4M |
| Prudential Core Plus Bond Fund 5 | Prudential Trust Company | Common/collective trust | $135.7M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $130.8M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $124.5M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $119.0M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $114.1M |
| Vanguard Institutional TTL BD MKT I | Vanguard Fiduciary Trust Company | Common/collective trust | $105.9M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $89.9M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $89.3M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $67.1M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $48.3M |
| Blackrock US Tips Nl-m | Blackrock Inst Trust Company, N.a. | Common/collective trust | $34.2M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $22.6M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $18.0M |
| State ST US ST Gov/cred BND IDX NL | Ssga Trust Company | Common/collective trust | $15.1M |
| Fidelity Freedom Index Target Date index | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $8.7M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $6.5M | 0.2% |
| Common/collective trusts | $3.1B | 94.3% |
| Participant loans | $37.4M | 1.2% |
| Other investments | $113.2M | 3.5% |
Fees paid from plan assets
| Contract administrator fees | $0 |
| Investment advisory & management fees | $1.7M |
| Other administrative fees | $4,200 |
| Total administrative expenses | $1.8M |
Reported administrative expenses were about 0.057% of average plan assets, or about $74 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20250930144855NAL0012421393001. EIN 050412693.
FAQ
What are the best low-cost funds in the Citizens Financial Group, Inc. 401(k)?
The free public data doesn't list enough of the Citizens Financial Group, Inc. plan's index funds to say. Look in your plan's fee disclosure (404a-5 notice) for a US stock index fund, an international index fund and a bond index fund with low expense ratios.
Can I build a three-fund portfolio in the Citizens Financial Group, Inc. 401(k)?
Possibly. Many large plans offer the three building blocks, but the public data for this plan doesn't confirm it. A low-cost target-date index fund is a common one-fund alternative.
How big is the Citizens Financial Group, Inc. 401(k) plan?
The plan reported about $3.2B in net assets and 23,881 participants with balances for plan year 2024, according to its DOL Form 5500 filing.
Where does this data come from?
From public U.S. Department of Labor Form 5500 filings (EFAST2) and, where noted, the plan's SEC Form 11-K. Data can be outdated or incomplete, and this page is not financial advice.
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