Citigroup Inc. 401(k): Alight, match 6% max
Citi Retirement Savings Plan · C · CIK 831001
Alight is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Maximum employer match, as a share of pay
6%
Citigroup Inc. matches 100% (dollar-for-dollar) of the first 6% of pay.
Citigroup filed two Form 11-K reports for plan year 2025, of which one has been read. The other report has not, so this page cannot say what the plan it covers pays.
From the Form 11-K filed June 29, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · what it used to be · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What Citigroup puts in, and what the plan costs
What Citigroup put into the plan, per active participant
$7,841
Citigroup Inc. put $7,841 into this plan for each of its 74,487 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Citigroup put in more per active participant than 66% of plans with 5,000+ participants in investment management and securities. The middle plan in that group of 45 reported $6,786. Investment management and securities comes from business code 523900, which Citigroup entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much Citigroup pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 521568099, plan 004 · DOL EFAST2 ↗
The $7,841 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Citigroup Inc. also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,970 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Citigroup puts in
$2,970
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company matching contribution was equal to 100% of the participant’s before-tax and/or Roth contributions up to 6% of the participant’s eligible compensation (up to the annual compensation maximum set by the Code) for eligible employees at all compensation levels. For Plan year ended December 31, 2024, Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to the statutory limit. Effective January 1, 2025, Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to $200,000. Catch‑up contributions are not subject to matching contributions. Participants must contribute to the Plan to receive Company matching contributions.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“The rights of a participant to his or her own contributions, matching contributions, and any earnings thereon are at all times fully vested and non-forfeitable.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
95th percentile
$161.96 per participant in plan-paid administrative cost, more expensive than 95% of plans with 5,000+ participants.
What is Citigroup's 401(k) match formula?
Citigroup's 401(k) employer match tops out at 6% of pay. The match is deposited once a year. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 6% of pay |
|---|---|
| Maximum employer match | 6% of compensation |
| Deposited | Once a year |
| Conditions | Catch-up contributions are not subject to matching contributions; participants must contribute to the Plan to receive Company matching contributions. Company contributions relating to 2025 were received and credited to participant accounts during the first quarter of 2026. |
| Current formula effective | January 1, 2025 |
| Other employer contribution | Fixed contribution of up to 2% of eligible pay for eligible employees whose qualifying annual compensation is $100,000 or less |
| Other employer contribution | Annual transition contribution for certain long-service employees eligible under the pre-2007 Plan, Citigroup Pension Plan, and Citigroup Ownership Program |
| Other employer contribution | One-time Company contribution provided to certain grandfathered participants on a limited basis when they become eligible |
At a $60,000 salary, contributing 6% ($3,600) earns the full employer match of $3,600 for the year.
What the filing says, word for word
“The Company matching contribution was equal to 100% of the participant’s before-tax and/or Roth contributions up to 6% of the participant’s eligible compensation (up to the annual compensation maximum set by the Code) for eligible employees at all compensation levels. For Plan year ended December 31, 2024, Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to the statutory limit. Effective January 1, 2025, Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to $200,000. Catch‑up contributions are not subject to matching contributions. Participants must contribute to the Plan to receive Company matching contributions.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What did Citigroup's 401(k) match used to be?
Citigroup changed its 401(k) match on January 1, 2025. The formula in force now is 100% (dollar-for-dollar) of the first 6% of pay.
| Since January 1, 2025 | 100% (dollar-for-dollar) of the first 6% of pay |
|---|---|
| Before | For Plan year ended December 31, 2024, Company matching contributions did not exceed the lesser of the participant's contribution or 6% of eligible compensation up to the statutory limit; effective January 1, 2025 the eligible-compensation cap for matching became $200,000 |
We keep a dated page for it: Citigroup capped the pay counted toward its 401(k) match, effective January 1, 2025.
What is Citigroup's 401(k) vesting schedule?
Citigroup vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | Company fixed and transition contributions vest upon completion of three years of service; also vest if a participant reaches age 55, dies, or becomes disabled while in service, or upon full or partial termination of the Plan or complete discontinuance of contributions |
Vesting, word for word
“The rights of a participant to his or her own contributions, matching contributions, and any earnings thereon are at all times fully vested and non-forfeitable.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR · SEC ↗
Who can join Citigroup's 401(k), and is enrollment automatic?
Citigroup enrolls new hires automatically at 6% of pay, rising 1% a year to 15% of pay.
| Plan entry | Full-time and part-time employees are eligible to participate on the first day of the first pay period after becoming an employee of the Company |
|---|---|
| Excluded groups | Eligible employees generally limited to (1) employees working in the U.S. and paid from the Company payroll or (2) U.S. citizens or lawful permanent residents performing services overseas in an expatriate employment classification |
| Automatic enrollment | Yes: default deferral 6% of pay; auto-escalation +1%/yr to 15%; default investment: Target retirement date fund consistent with the participant's projected year of retirement |
Eligibility, word for word
“Eligible employees generally include (1) employees working in the U.S. and paid from the Company payroll or (2) U.S. citizens or lawful permanent residents of the U.S. performing services overseas in an expatriate employment classification in each case who are performing services for the Company and participating subsidiaries, as defined in the Plan document. Full-time and part-time employees are eligible to participate on the first day of the first pay period after the participant becomes an employee of the Company.”
Automatic enrollment, word for word
“Newly hired and rehired eligible employees are automatically enrolled in the Plan at a 6% before-tax contribution rate unless they otherwise enroll themselves or opt out of the Plan. Participants who are automatically enrolled in the Plan, but do not make an investment election, are invested in the Plan’s default investment, which is the Plan’s “target retirement date” fund consistent with the participant’s projected year of retirement. Further, unless the participant elects a different rate, for employees who are automatically enrolled, their contribution rate is automatically increased by 1% annually until they reach a before-tax contribution rate of 15%.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Alight, filed as “ALIGHT SOLUTIONS LLC”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
46 plans on file name Alight as their recordkeeper. Of those, the 46 with a computable fee have a median plan-paid cost of $87.90 per participant.
Participants log in at Alight, find your HR website ↗. Alight runs a separate site for each employer, so that page asks which employer you work for first. 401(k) Monitor is not affiliated with Alight or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Alight |
|---|---|
| Recordkeeper EIN | 821061233 |
What does the Citigroup plan report on Form 5500?
The Citigroup plan reported $23.2B in assets and 126,011 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | Citi Retirement Savings Plan |
|---|---|
| Total plan assets | $23,241,033,081 |
| Participants | 126,011 |
| Plan-paid admin cost per participant | $161.96 |
How that cost compares
This plan pays $161.96 per participant. The median across plans in investment management and securities is $111.34, from the 882 of 960 whose Form 5500 yields a per-participant cost.
Citi Retirement Savings Plan on its Form 5500 filing: fees, providers and financials
How does Citigroup's 401(k) match compare?
Citigroup Inc.'s maximum 401(k) match of 6% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in investment management and securities, two report the same recordkeeper and one vests on the same schedule.
Maximum match 5.4% of pay. Also in investment management and securities.
Maximum match 6% of pay. Also in investment management and securities.
Maximum match 5% of pay. Also in investment management and securities.
Maximum match 6% of pay. Same recordkeeper, Alight.
Match vests in steps, 100% after 5 years. Same recordkeeper, Alight.
Maximum match 8% of pay. Vests immediately too, like Citigroup.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 29, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is Citigroup Inc.'s 401(k) match?
Citigroup Inc. matches 100% of employee contributions up to 6% of eligible pay (plan year ended December 31, 2025).
When does the Citigroup Inc. 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Citigroup Inc.'s 401(k) plan have automatic enrollment?
Yes: default deferral 6% of pay; auto-escalation +1%/yr to 15%; default investment: Target retirement date fund consistent with the participant's projected year of retirement.
Who is the recordkeeper for Citigroup Inc.'s 401(k)?
Alight is named as the recordkeeper on the Form 5500 filed for Citi Retirement Savings Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Did Citigroup Inc. change its 401(k) match?
Yes. For Plan year ended December 31, 2024, Company matching contributions did not exceed the lesser of the participant's contribution or 6% of eligible compensation up to the statutory limit; effective January 1, 2025 the eligible-compensation cap for matching became $200,000 The current terms took effect January 1, 2025.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that Citigroup Inc. filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | Citigroup Inc. |
| SEC CIK | 831001 |
| Accession number | 0000831001-26-000032 |
| Plan | Citi Retirement Savings Plan |
| Period of report | December 31, 2025 |
| Filed | June 29, 2026 |
401(k) Monitor is not affiliated with Citigroup Inc., with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “Citigroup Inc. 401(k) plan facts”, from SEC Form 11-K accession 0000831001-26-000032, plan year ended December 31, 2025.
