401(k) · DOL Form 5500 · 2022

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
193
Participants Below avg headcount
90th
Percentile by assets National rank
$350,634
Avg per participant High balance/head
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Official DOL plan name: The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan · Sponsored by The Savings Bank Mutual Life Insurance Company of Massachusetts · Massachusetts · Finance & Insurance

$68M in assets, 193 participants

The Savings Bank Mutual Life Insurance Company of Massachusetts's The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan reported $68M in total assets and 193 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,816 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan covers 193 participants in Massachusetts, about 29% of the average Massachusetts filer (state average ~659 per filing). Assets: $68M.

#7,816
in Finance & Insurance (9,261 peers)
-21.0%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan's outsized position by total assets

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan vs every filed plan by assets

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

$67,672,307 Top 10% higher than 90% 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

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan 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. The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan sits mid-pack in the medium band (193 participants).

Published 5500 schedule card

Filing strip 043117253 · The Savings Bank Mutual Life Insurance Company of Massachusetts PY 2022 · 401(k)

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan · $68M · 193 · 90th

  • VS-ST $68M
  • VS-ST 193
  • VS-ST 90th
  • VS-ST 401(k)
  • VS-ST near Certara USA, Inc. 401(k) Plan
  • VS-ST ind #7816

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 →

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan in the asset neighbourhood

Lja Engineering, Inc. 401(k) PlanLja Engineering, Inc. 401(k)…$68MThe Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) PlanThe Savings Bank Mutual Life…$68MCertara USA, Inc. 401(k) Plan$68MAaa Life Insurance Pension and 401(k) PlanAaa Life Insurance Pension a…$68MAssisi Retirement Plan$68M
End-of-year total assets ($M) among The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$68M
Net Income-$18M
Employer EIN043117253
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Savings Bank Mutual Life Insurance Company of Massachusetts)

Sponsor-wide plan assets over time

All The Savings Bank Mutual Life Insurance Company of Massachusetts plans reported in each filing year

Latest sponsor-wide plan assets
$92M 35.81889413050452% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $67.7M $91.9M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 193 $68M
2023 1 198 $83M
2024 1 186 $92M

Nearby 401(k) Plans in Massachusetts

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

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan, Total assets ($B): 0.067672307 · Participants: 193The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) PlanFidelity 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
The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan side-by-side with 3 peers →

The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Certara USA, Inc. 401(k) Plan in NJ ($68M); by covered participants it is K&d Services 401(k) Plan in WA (193 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Similar participant headcount

Nearest other-state filings by covered participants (193 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 The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan assets move in 2022? ▼
The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan declined sharply - down 21.0% during 2022, from $86M to $68M. Reported net income was -$18M.
How have The Savings Bank Mutual Life Insurance Company of Massachusetts plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Savings Bank Mutual Life Insurance Company of Massachusetts's sponsor-wide assets grew 35.8%, from $68M to $92M.
Where does The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan rank by assets among Form 5500 filers? ▼
The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Certara USA, Inc. 401(k) Plan in NJ ($68M, 447 participants).
Which 401(k) plans cover a similar participant headcount to The Savings Bank Mutual Life Insurance Company of Massachusetts 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is K&d Services 401(k) Plan in WA (193 participants, $598K 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 043117253.

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.