Defined Benefit (Pension) · DOL Form 5500 · 2022

Salem Five Cents Savings Bank Pension Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
114
Participants Small participant base
90th
Percentile by assets National rank
$589,392
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank · Sponsored by Salem Five Cents Savings Bank · Massachusetts · Finance & Insurance

$67M in assets, 114 participants

Salem Five Cents Savings Bank's Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank reported $67M in total assets and 114 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.

  • #7,806 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank covers 114 participants in Massachusetts, about 17% of the average Massachusetts filer (state average ~659 per filing). Assets: $67M.

#7,806
in Finance & Insurance (9,261 peers)
+6.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank's outsized position by total assets

Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank vs every filed plan by assets

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

$67,190,641 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

Sbera Pension Plan as Adopted by Salem Five Cents 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 Pension Plan as Adopted by Salem Five Cents Savings Bank sits mid-pack in the medium band (114 participants).

Form 5500 schedule snapshot

Filing strip 041802790 · Salem Five Cents Savings Bank PY 2022 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank · $67M · 114 · 90th

  • EBSA $67M
  • EBSA 114
  • EBSA 90th
  • EBSA Defined Benefit (Pension)
  • EBSA near Gibson Greetings, Inc. Retirement Income Plan
  • EBSA ind #7806

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 Pension Plan as Adopted by Salem Five Cents Savings Bank in the asset neighbourhood

Foremost Farms USA Employees Retirement PlanForemost Farms USA Employees…$67MWhittaker Corporation Employees' Pension PlanWhittaker Corporation Employ…$67MGibson Greetings, Inc. Retirement Income PlanGibson Greetings, Inc. Retir…$67MSbera Pension Plan as Adopted by Salem Five Cents Savings BankSbera Pension Plan as Adopte…$67MTeamsters Industrial Employees Pension FundTeamsters Industrial Employe…$67M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$67M
Net Income$4M
Employer EIN041802790
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Salem Five Cents Savings Bank)

Sponsor-wide plan assets over time

All Salem Five Cents Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$183M 16.69994058390558% vs 2022
2024 filing year
$150M$160M$170M$180M$190M 202220232024 $157M $183M ▲ +16.7%
Year Plans Participants Total Assets
2022 2 770 $157M
2023 2 741 $174M
2024 2 754 $183M

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank, Total assets ($B): 0.067190641 · Participants: 114Sbera Pension Plan as Adopted by Salem Five Cents Savings BankConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 9.07532048 · Participants: 55495Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.756596242 · Participants: 33087Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.281152611 · Participants: 11835Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.758508912 · Participants: 17323N. Atlantic States Carp. Pension FundN. Atlantic States Carp. Guaranteed Annuity Fund, Total assets ($B): 3.594095954 · Participants: 10962N. Atlantic States Carp. Guaranteed Annuity Fund
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank side-by-side with 3 peers →

Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Gibson Greetings, Inc. Retirement Income Plan in OH ($67M); by covered participants it is Central Ohio Hospitalists, Inc. Cash Balance Plan in OH (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 Pension Plan as Adopted by Salem Five Cents Savings Bank assets move in 2022? ▼
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank grew at a solid clip - up 6.6% during 2022, from $63M to $67M. Reported net income was $4M.
How have Salem Five Cents Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Salem Five Cents Savings Bank's sponsor-wide assets grew 16.7%, from $157M to $183M.
Where does Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank rank by assets among Form 5500 filers? ▼
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank 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 Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Gibson Greetings, Inc. Retirement Income Plan in OH ($67M, 12 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Central Ohio Hospitalists, Inc. Cash Balance Plan in OH (114 participants, $3M 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 041802790.

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.