401(k) · DOL Form 5500 · 2022

The Bank of Canton 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
97
Participants Small participant base
81st
Percentile by assets National rank
$277,274
Avg per participant High balance/head
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Official DOL plan name: Sbera 401(k) Plan as Adopted by the Bank of Canton · Sponsored by The Bank of Canton · Massachusetts · Finance & Insurance

$27M in assets, 97 participants

The Bank of Canton's Sbera 401(k) Plan as Adopted by the Bank of Canton reported $27M in total assets and 97 participants in its 2022 DOL Form 5500 filing, ranking in the 81st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,487 in Finance & Insurance (9,261 peers)

Where Sbera 401(k) Plan as Adopted by the Bank of Canton sits by assets

Sbera 401(k) Plan as Adopted by the Bank of Canton sits in the top quartile of all filed plans by assets, $27M for 97 participants (~$277,274/participant), down 14.9% in 2022.

#6,487
in Finance & Insurance (9,261 peers)
-14.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sbera 401(k) Plan as Adopted by the Bank of Canton's outsized position by total assets

Sbera 401(k) Plan as Adopted by the Bank of Canton vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$26,895,552 Top 19% higher than 81% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sbera 401(k) Plan as Adopted by the Bank of Canton among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sbera 401(k) Plan as Adopted by the Bank of Canton is a small filing (97 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 200935064 · The Bank of Canton PY 2022 · 401(k)

Sbera 401(k) Plan as Adopted by the Bank of Canton · $27M · 97 · 81st

  • TYPE $27M
  • TYPE 97
  • TYPE 81st
  • TYPE 401(k)
  • TYPE near Hennion & Walsh Inc 401(k) Profit Sharing Plan & Trust
  • TYPE ind #6487

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →

Sbera 401(k) Plan as Adopted by the Bank of Canton in the asset neighbourhood

Sbera 401(k) Plan as Adopted by the Bank of CantonSbera 401(k) Plan as Adopted…$27MNorth State Bank 401(k) Plan and ESOPNorth State Bank 401(k) Plan…$27MProcare Hr Retirement Savings PlanProcare Hr Retirement Saving…$27MHennion & Walsh Inc 401(k) Profit Sharing Plan & TrustHennion & Walsh Inc 401(k) P…$27MMinnesota Elevator, Inc. 401(k) Profit Sharing PlanMinnesota Elevator, Inc. 401…$27M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by the Bank of Canton and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$27M
Net Income-$5M
Employer EIN200935064
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of Canton)

Sponsor-wide plan assets over time

All The Bank of Canton plans reported in each filing year

Latest sponsor-wide plan assets
$72M 19.71789391702936% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $60.1M $72M ▲ +19.7%
Year Plans Participants Total Assets
2022 2 188 $60M
2023 2 185 $66M
2024 2 213 $72M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sbera 401(k) Plan as Adopted by the Bank of Canton vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by the Bank of Canton, Total assets ($B): 0.026895552 · Participants: 97Sbera 401(k) Plan as Adopted by the Bank of CantonFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Sbera 401(k) Plan as Adopted by the Bank of Canton vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sbera 401(k) Plan as Adopted by the Bank of Canton side-by-side with 3 peers →

Sbera 401(k) Plan as Adopted by the Bank of Canton's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Hennion & Walsh Inc 401(k) Profit Sharing Plan & Trust in NJ ($27M); by covered participants it is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sbera 401(k) Plan as Adopted by the Bank of Canton assets move in 2022? ▼
Sbera 401(k) Plan as Adopted by the Bank of Canton pulled back noticeably - down 14.9% during 2022, from $32M to $27M. Reported net income was -$5M.
How have The Bank of Canton plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Canton's sponsor-wide assets grew 19.7%, from $60M to $72M.
Where does Sbera 401(k) Plan as Adopted by the Bank of Canton rank by assets among Form 5500 filers? ▼
Sbera 401(k) Plan as Adopted by the Bank of Canton ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sbera 401(k) Plan as Adopted by the Bank of Canton? ▼
Among 401(k) plans in other states, the closest by assets is Hennion & Walsh Inc 401(k) Profit Sharing Plan & Trust in NJ ($27M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Sbera 401(k) Plan as Adopted by the Bank of Canton? ▼
Among 401(k) plans in other states, the closest by covered participants is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200935064.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.