401(k) · DOL Form 5500 · 2022

Avidia Bank 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
264
Participants Below avg headcount
86th
Percentile by assets National rank
$148,653
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sbera 401(k) Plan as Adopted by Avidia Bank · Sponsored by Avidia Bank · Massachusetts · Finance & Insurance

$39M in assets, 264 participants

Avidia Bank's Sbera 401(k) Plan as Adopted by Avidia Bank reported $39M in total assets and 264 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,156 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Sbera 401(k) Plan as Adopted by Avidia Bank covers 264 participants in Massachusetts, about 40% of the average Massachusetts filer (state average ~659 per filing). Assets: $39M.

#7,156
in Finance & Insurance (9,261 peers)
-16.5%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $8M 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 Avidia Bank's outsized position by total assets

Sbera 401(k) Plan as Adopted by Avidia Bank vs every filed plan by assets

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

$39,244,283 Top 14% higher than 86% 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 Avidia Bank among mid-size 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 Avidia Bank sits mid-pack in the medium band (264 participants).

DOL schedule card

Filing strip 043395834 · Avidia Bank PY 2022 · 401(k)

Sbera 401(k) Plan as Adopted by Avidia Bank · $39M · 264 · 86th

  • ASSETS $39M
  • ASSETS 264
  • ASSETS 86th
  • ASSETS 401(k)
  • ASSETS near American Achievement Corporation 401(k) Plan
  • ASSETS ind #7156

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 Avidia Bank in the asset neighbourhood

The Horton Group, Inc. Retirement Savings PlanThe Horton Group, Inc. Retir…$39MSbera 401(k) Plan as Adopted by Avidia BankSbera 401(k) Plan as Adopted…$39MAmerican Achievement Corporation 401(k) PlanAmerican Achievement Corpora…$39MBuckeye International, Inc 401(k) PlanBuckeye International, Inc 4…$39MNab Holdings, LLC 401(k) Plan$39M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by Avidia Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$39M
Net Income-$8M
Employer EIN043395834
Plan Effective Date1991-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avidia Bank)

Sponsor-wide plan assets over time

All Avidia Bank plans reported in each filing year

Latest sponsor-wide plan assets
$49M 25.393153443521953% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.2M $49.2M ▲ +25.4%
Year Plans Participants Total Assets
2022 1 264 $39M
2023 1 265 $45M
2024 1 262 $49M

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 Avidia Bank vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by Avidia Bank, Total assets ($B): 0.039244283 · Participants: 264Sbera 401(k) Plan as Adopted by Avidia BankFidelity 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 Avidia Bank vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sbera 401(k) Plan as Adopted by Avidia Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is American Achievement Corporation 401(k) Plan in TX ($39M); by covered participants it is Magnificus Corporation 401(k) Plan in MD (264 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (264 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 Avidia Bank assets move in 2022? ▼
Sbera 401(k) Plan as Adopted by Avidia Bank declined sharply - down 16.5% during 2022, from $47M to $39M. Reported net income was -$8M.
How have Avidia Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avidia Bank's sponsor-wide assets grew 25.4%, from $39M to $49M.
Where does Sbera 401(k) Plan as Adopted by Avidia Bank rank by assets among Form 5500 filers? ▼
Sbera 401(k) Plan as Adopted by Avidia Bank ranks in the 86th 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 Avidia Bank? ▼
Among 401(k) plans in other states, the closest by assets is American Achievement Corporation 401(k) Plan in TX ($39M, 550 participants).
Which 401(k) plans cover a similar participant headcount to Sbera 401(k) Plan as Adopted by Avidia Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Magnificus Corporation 401(k) Plan in MD (264 participants, $2M 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 043395834.

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.