401(k) · DOL Form 5500 · 2023

Hingham Institution for Savings 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
94
Participants Small participant base
77th
Percentile by assets National rank
$269,746
Avg per participant High balance/head
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Official DOL plan name: Sbera 401(k) Plan as Adopted by Hingham Institution for Savings · Sponsored by Hingham Institution for Savings · Massachusetts · Finance & Insurance

$25M in assets, 94 participants

Hingham Institution for Savings's Sbera 401(k) Plan as Adopted by Hingham Institution for Savings reported $25M in total assets and 94 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.

  • #5,720 in Finance & Insurance (8,869 peers)

Where Sbera 401(k) Plan as Adopted by Hingham Institution for Savings sits by assets

Sbera 401(k) Plan as Adopted by Hingham Institution for Savings sits in the top quartile of all filed plans by assets, $25M for 94 participants (~$269,746/participant), down 2.8% in 2023.

#5,720
in Finance & Insurance (8,869 peers)
-2.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $743K 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 Hingham Institution for Savings's outsized position by total assets

Sbera 401(k) Plan as Adopted by Hingham Institution for Savings vs every filed plan by assets

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

$25,356,096 Top 23% higher than 77% 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 Hingham Institution for Savings among smaller 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 Hingham Institution for Savings is a small filing (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sbera 401(k) Plan as Adopted by Hingham Institution for Savings reported net income rose from -$10M in the plan year 2022 filing to -$743K in the plan year 2023 filing.
  • Sbera 401(k) Plan as Adopted by Hingham Institution for Savings reported participants rose from 77 in the plan year 2022 filing to 94 in the plan year 2023 filing.
  • Sbera 401(k) Plan as Adopted by Hingham Institution for Savings end-of-year assets fell from $26M in the plan year 2022 filing to $25M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 041442480 · Hingham Institution for Savings PY 2023 · 401(k)

Sbera 401(k) Plan as Adopted by Hingham Institution for Savings · $25M · 94 · 77th

  • BOOK $25M
  • VS-ST 94
  • BOY 77th
  • SCH 401(k)
  • EBSA near James D. Lackie Retirement Plan
  • PART ind #5720

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 Hingham Institution for Savings in the asset neighbourhood

Sbera 401(k) Plan as Adopted by Hingham Institution for SavingsSbera 401(k) Plan as Adopted…$25MJames D. Lackie Retirement PlanJames D. Lackie Retirement P…$25MThe Hap 401(k) Plan$25MRinker Design 401(k) Plan$25MMadden Contracting 401(k) PlanMadden Contracting 401(k) Pl…$25M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by Hingham Institution for Savings and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$25M
Net Income-$743K
Employer EIN041442480
Plan Effective Date1996-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hingham Institution for Savings)

Sponsor-wide plan assets over time

All Hingham Institution for Savings plans reported in each filing year

Latest sponsor-wide plan assets
$27M 2.857808221728906% vs 2022
2024 filing year
$25M$25.5M$26M$26.5M$27M 202220232024 $26.1M $26.9M ▲ +2.9%
Year Plans Participants Total Assets
2022 1 77 $26M
2023 1 94 $25M
2024 1 93 $27M

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 Hingham Institution for Savings vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by Hingham Institution for Savings, Total assets ($B): 0.025356096 · Participants: 94Sbera 401(k) Plan as Adopted by Hingham Institution for SavingsFidelity 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 Hingham Institution for Savings vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest 401(k) by assets is James D. Lackie Retirement Plan in TN ($25M); by covered participants it is Republic Companies 401(k) Retirement Plan in IA (94 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (94 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 Hingham Institution for Savings assets move in 2023?
Sbera 401(k) Plan as Adopted by Hingham Institution for Savings edged down modestly - down 2.8% during 2023, from $26M to $25M. Reported net income was -$743K.
How have Hingham Institution for Savings plan assets changed over time?
Across 3 plan years on file (2022-2024), Hingham Institution for Savings's sponsor-wide assets grew 2.9%, from $26M to $27M.
Where does Sbera 401(k) Plan as Adopted by Hingham Institution for Savings rank by assets among Form 5500 filers?
Sbera 401(k) Plan as Adopted by Hingham Institution for Savings 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 Hingham Institution for Savings?
Among 401(k) plans in other states, the closest by assets is James D. Lackie Retirement Plan in TN ($25M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Sbera 401(k) Plan as Adopted by Hingham Institution for Savings?
Among 401(k) plans in other states, the closest by covered participants is Republic Companies 401(k) Retirement Plan in IA (94 participants, $11M in assets).