401(k) · DOL Form 5500 · 2022

Watertown Savings Bank 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
120
Participants Small participant base
83rd
Percentile by assets National rank
$264,680
Avg per participant High balance/head
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Official DOL plan name: Sbera 401(k) Plan as Adopted by Watertown Savings Bank · Sponsored by Watertown Savings Bank · Massachusetts · Finance & Insurance

$32M in assets, 120 participants

Watertown Savings Bank's Sbera 401(k) Plan as Adopted by Watertown Savings Bank reported $32M in total assets and 120 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,795 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Sbera 401(k) Plan as Adopted by Watertown Savings Bank covers 120 participants in Massachusetts, about 18% of the average Massachusetts filer (state average ~659 per filing). Assets: $32M.

#6,795
in Finance & Insurance (9,261 peers)
-22.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $9M 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 Watertown Savings Bank's outsized position by total assets

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

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

$31,761,656 Top 17% higher than 83% 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 Watertown Savings 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 Watertown Savings Bank sits mid-pack in the medium band (120 participants).

Form 5500 schedule snapshot

Filing strip 041950840 · Watertown Savings Bank PY 2022 · 401(k)

Sbera 401(k) Plan as Adopted by Watertown Savings Bank · $32M · 120 · 83rd

  • EBSA $32M
  • EBSA 120
  • EBSA 83rd
  • EBSA 401(k)
  • EBSA near Child Development Associates, Inc. 401(k) Profit Sharing Plan
  • EBSA ind #6795

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 Watertown Savings Bank in the asset neighbourhood

Sbera 401(k) Plan as Adopted by Watertown Savings BankSbera 401(k) Plan as Adopted…$32MChild Development Associates, Inc. 401(k) Profit Sharing PlanChild Development Associates…$32MSti Holdings, Inc. 401(k) PlanSti Holdings, Inc. 401(k) Pl…$32MCross Sound Ferry & Companies 401(k) / Ps PlanCross Sound Ferry & Companie…$32MBulkmatic 401(k) Retirement Savings PlanBulkmatic 401(k) Retirement …$32M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by Watertown Savings Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$32M
Net Income-$9M
Employer EIN041950840
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Watertown Savings Bank)

Sponsor-wide plan assets over time

All Watertown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$78M 25.958003906901713% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $62.3M $78.4M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 225 $62M
2023 2 210 $72M
2024 2 210 $78M

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 Watertown Savings Bank vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by Watertown Savings Bank, Total assets ($B): 0.031761656 · Participants: 120Sbera 401(k) Plan as Adopted by Watertown Savings 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 Watertown Savings Bank vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sbera 401(k) Plan as Adopted by Watertown Savings Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Child Development Associates, Inc. 401(k) Profit Sharing Plan in CA ($32M); by covered participants it is Newco Distributors, Inc. Retirement Plan in CA (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Watertown Savings Bank assets move in 2022? ▼
Sbera 401(k) Plan as Adopted by Watertown Savings Bank declined sharply - down 22.9% during 2022, from $41M to $32M. Reported net income was -$9M.
How have Watertown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Watertown Savings Bank's sponsor-wide assets grew 26.0%, from $62M to $78M.
Where does Sbera 401(k) Plan as Adopted by Watertown Savings Bank rank by assets among Form 5500 filers? ▼
Sbera 401(k) Plan as Adopted by Watertown Savings Bank ranks in the 83rd 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 Watertown Savings Bank? ▼
Among 401(k) plans in other states, the closest by assets is Child Development Associates, Inc. 401(k) Profit Sharing Plan in CA ($32M, 223 participants).
Which 401(k) plans cover a similar participant headcount to Sbera 401(k) Plan as Adopted by Watertown Savings Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Newco Distributors, Inc. Retirement Plan in CA (120 participants, $4M 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 041950840.

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.