401(k) · DOL Form 5500 · 2023

Newburyport Five Cents Savings Bank 401(k) Plan

Data updated 2026-08-11

$26M
Total assets: 180
Participants: 77th
Percentile by assets: $141,721
Avg per participant

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

$26M in assets, 180 participants

Newburyport Five Cents Savings Bank's Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank reported $26M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

77th percentile by assets (of 127,072 plans)
#5,732 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank covers 180 participants in Massachusetts, about 27% of the average Massachusetts filer (state average ~659 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY): 180
covered participants: 77th
percentile by assets (of 127,072 plans): $141,721
avg assets per participant

Where Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank sits by total assets

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$25,509,798 Top 23% higher than 77% of 127,068 filed plans

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 Newburyport Five Cents Savings Bank reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank end-of-year assets rose from $20M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank reported participants rose from 178 in the plan year 2022 filing to 180 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Finance & Insurance

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank reports 180 participants - about 27% of that state average ($26M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$20M
Net Assets (End of Year)	$26M
Net Income	$6M
Employer EIN	041669070
Plan Effective Date	1995-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Newburyport Five Cents Savings Bank)

Total plan assets by year, all Newburyport Five Cents Savings Bank plans on file

Year	Plans	Participants	Total Assets
2022	1	178	$20M
2023	1	180	$26M
2024	1	177	$48M

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 Newburyport Five Cents Savings Bank vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $28.6B · 62,289
Liberty Mutual 401(k) Plan $10.6B · 37,052
Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
Philips North America 401(k) Plan $5.8B · 19,120

Compare Sbera 401(k) Plan as Adopted by Newburyp… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank by total assets, not by location.

Superior National Bank 401(k) & Profit Sharing Plan (MI) $26M · 191
Dynalec Corporation Profit Sharing 401(k) Plan (NY) $26M · 105
The Impac Mortgage Corp. 401(k) Savings Plan (CA) $26M · 127
All Waste, Inc. 401(k) Profit Sharing Plan (CT) $26M · 149

Frequently Asked Questions

How did Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank assets move in 2023? ▼

Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank grew sharply - up 29.8% during 2023, from $20M to $26M. Reported net income was $6M.

How have Newburyport Five Cents Savings Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Newburyport Five Cents Savings Bank's sponsor-wide assets grew 142.8%, from $20M to $48M.

Where does Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank rank by assets among Form 5500 filers? ▼

Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank ranks in the 77th 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 Newburyport Five Cents Savings Bank? ▼

Among 401(k) plans in other states, the closest by assets is Superior National Bank 401(k) & Profit Sharing Plan in MI ($26M, 191 participants).

Next read for Sbera 401(k) Plan as Adopted by Newburyp…

Filing takeaways

Ways to act on Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank's numbers.

By total assets, Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
Newburyport Five Cents Savings Bank's sponsor-wide assets have grown 142.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 041669070.