401(k) · DOL Form 5500 · 2023

Avidia Bank 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
265
Participants Below avg headcount
84th
Percentile by assets National rank
$169,358
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

$45M in assets, 265 participants

Avidia Bank's Sbera 401(k) Plan as Adopted by Avidia Bank reported $45M in total assets and 265 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,748 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Sbera 401(k) Plan as Adopted by Avidia Bank covers 265 participants in Massachusetts, about 40% of the average Massachusetts filer (state average ~659 per filing). Assets: $45M.

#6,748
in Finance & Insurance (8,869 peers)
+14.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$44,879,810 Top 16% higher than 84% of 127,068 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 2023

Sbera 401(k) Plan as Adopted by Avidia Bank among mid-size filed plans by headcount

Plan-year 2023 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 (265 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sbera 401(k) Plan as Adopted by Avidia Bank reported net income rose from -$8M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Sbera 401(k) Plan as Adopted by Avidia Bank end-of-year assets rose from $39M in the plan year 2022 filing to $45M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 043395834 · Avidia Bank PY 2023 · 401(k)

Sbera 401(k) Plan as Adopted by Avidia Bank · $45M · 265 · 84th

  • ASSETS $45M
  • ASSETS 265
  • ASSETS 84th
  • ASSETS 401(k)
  • ASSETS near Ste. Michelle Wine Estates Ltd. 401(k) Plan
  • ASSETS ind #6748

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

Hosparus Inc. 401(k) Plan$45MSbera 401(k) Plan as Adopted by Avidia BankSbera 401(k) Plan as Adopted…$45MSte. Michelle Wine Estates Ltd. 401(k) PlanSte. Michelle Wine Estates L…$45MRadiology Associates of Central Florida, P.L. 401(k) Plan and TrustRadiology Associates of Cent…$45MCalifornia Masonic Retirement Plan IICalifornia Masonic Retiremen…$45M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by Avidia Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$45M
Net Income$6M
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. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by Avidia Bank, Total assets ($B): 0.04487981 · Participants: 265Sbera 401(k) Plan as Adopted by Avidia BankFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) 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 Ste. Michelle Wine Estates Ltd. 401(k) Plan in WA ($45M); by covered participants it is Ktm Industries Inc 401(k) Profit Sharing Plan & Trust in MI (265 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (265 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Sbera 401(k) Plan as Adopted by Avidia Bank grew at a solid clip - up 14.4% during 2023, from $39M to $45M. Reported net income was $6M.
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 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Ste. Michelle Wine Estates Ltd. 401(k) Plan in WA ($45M, 717 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 Ktm Industries Inc 401(k) Profit Sharing Plan & Trust in MI (265 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.