Citizens Financial Services, Inc. CZFS Defined Contribution Plan Employer Discretionary Contribution To401K
Defined Contribution Plan Employer Discretionary Contribution To401K at other companies
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Where this comes from
Reported directly by Citizens Financial Services, Inc. in its filing.
Tagged under the XBRL concept czfs:DefinedContributionPlanEmployerDiscretionaryContributionTo401K.
The source filing: Citizens Financial Services, Inc.’s 10-K, filed March 12, 2026.
- Filed
- Mar 12, 2026, 6:04 AM EDT
- Fiscal year
- FY2025
- Accession
- 0001140361-26-009103
In lieu of the pension plan, employees with a hire date of January 1, 2007 or later are eligible to receive, after meeting length of service requirements, an annual discretionary 401(k) plan contribution from the Bank equal to a percentage of an employee’s base compensation. The contribution amount is placed in a separate account within the 401(k) plan and is subject to a vesting requirement. Contributions by the Company totaled $618,000, $539,000 and $354,000 for 2025, 2024 and 2023, respectively.
ITEM 8 - FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
FAQ
- What is Citizens Financial Services, Inc.'s defined contribution plan employer discretionary contribution to401k?
- Citizens Financial Services, Inc. (CZFS) reported defined contribution plan employer discretionary contribution to401k of $154.5K in Q4 2025.
- How has Citizens Financial Services, Inc.'s defined contribution plan employer discretionary contribution to401k changed year-over-year?
- Citizens Financial Services, Inc.'s defined contribution plan employer discretionary contribution to401k increased by 14.7% year-over-year, from $134.75K to $154.5K.
- What is the long-term trend for Citizens Financial Services, Inc.'s defined contribution plan employer discretionary contribution to401k?
- Over 2 years (2023 to 2025), Citizens Financial Services, Inc.'s defined contribution plan employer discretionary contribution to401k has grown at a 32.1% compound annual growth rate (CAGR), from $354K to $618K.
- What does defined contribution plan employer discretionary contribution to401k mean?
- Defined Contribution Plan Employer Discretionary Contribution To401K as reported by Citizens Financial Services, Inc. Common Stock.
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