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Original filing (PDF)20250827163659NAL0009590769001
CUSTOMERS BANK
Form 5500
FILING_RECEIVED
CUSTOMERS BANK 401(K) PLAN
401(k) retirement plan
Active participants
799
Accounts w/ balance
991
Plan assets (EOY)
$96.1M
Net assets (EOY)
$96.1M
How this plan invests
This plan
1 pooled trust
Schedule D
25 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CUSTOMERS BANK.
Plan sponsor
Name
CUSTOMERS BANK
EIN
23-2892229
Address
701 READING AVE. · WEST READING, PA · 19611
Phone
(610) 933-2000
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-08-27
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
DELOITTE & TOUCHE LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $101K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | 13-2638166 | — | ADVISOR | $61K | — |
| STRATEGIC ADVISORS, INC. | 04-2654524 | — | ADVISOR | $13K | — |
Investments
23 direct securities · 1 pooled fund· $91.1M(95% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$88.6M
23 holdings
Common Collective Trust
$2.5M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund - Institutional Premium Class Mutual fund | — | — | — | $15.8M | 16.5% | |
| American Funds 2040 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $9.9M | 10.3% | |
| American Funds 2045 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $7.1M | 7.3% | |
| American Funds 2035 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $6.9M | 7.1% | |
| American Funds 2030 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $6.5M | 6.7% | |
| American Funds 2050 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $6.1M | 6.4% | |
| T. Rowe Price Blue Chip Growth Fund I Class Mutual fund | — | — | — | $6.0M | 6.3% | |
| American Funds 2025 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $3.8M | 3.9% | |
| American Funds 2055 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $3.0M | 3.1% | |
| Cohen & Steers Real Estate Securities Fund, Inc. Class Z Mutual fund 585 Delaware Emerging Markets Fund Class R6 Mutual fund 689 Dodge & Cox Stock Fund Mutual fund | — | — | — | $2.9M | 3.0% | |
| Fidelity Government Money Market Fund Class K6 Mutual fund | — | — | — | $2.7M | 2.9% | |
| INVESCO STBL VAL III INVESCO TRUST COMPANY · EIN 84-1142974 / PN 001 | Common Collective Trust | — | — | $2.5M | 2.6% | |
| American Funds 2060 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $2.3M | 2.3% | |
| Fidelity Small Cap Index Fund - Institutional Premium Class Mutual fund | — | — | — | $2.0M | 2.0% | |
| American Funds 2015 Target Date Retirement Fund Class R-6 Mutual fund 887 American Funds 2020 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $1.8M | 1.9% | |
| Fidelity International Index Fund - Institutional Premium Class Mutual fund 450 * Fidelity Mid Cap Index Fund - Institutional Premium Class Mutual fund | — | — | — | $1.8M | 1.9% | |
| Federated Hermes Kaufmann Small Cap Fund Class R6 Mutual fund 286 * Fidelity U.S. Bond Index Fund - Institutional Premium Class Mutual fund 559 John Hancock Bond Fund Class R6 Mutual fund | — | — | — | $1.4M | 1.5% | |
| MFS International Diversification Fund Class R6 Mutual fund | — | — | — | $1.4M | 1.4% | |
| Royce Small-Cap Opportunity Fund Institutional Class Mutual fund | — | — | — | $1.3M | 1.4% | |
| Participant loans (maturing 2025-2029 at interest rates of * Notes receivable from participants 5.25-% - 10.50-%) | — | — | — | $1.3M | 1.3% | |
| PIMCO Income Fund Institutional Class Mutual fund | — | — | — | $1.2M | 1.3% | |
| BlackRock Mid Cap Growth Equity Portfolio Class K Mutual fund | — | — | — | $1.2M | 1.3% | |
| American Century Mid Cap Value Fund R6 Class Mutual fund | — | — | — | $1.2M | 1.2% | |
| American Funds 2010 Target Date Retirement Fund Class R-6 Mutual fund | — | — | — | $1.1M | 1.1% |
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