Defined Benefit (Pension) · DOL Form 5500 · 2023

Cape Ann Savings Bank Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
73
Participants Small participant base
67th
Percentile by assets National rank
$201,327
Avg per participant Above avg balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Cape Ann Savings Bank · Sponsored by Cape Ann Savings Bank · Massachusetts · Finance & Insurance

$15M in assets, 73 participants

Cape Ann Savings Bank's Sbera Pension Plan as Adopted by Cape Ann Savings Bank reported $15M in total assets and 73 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,600 in Finance & Insurance (8,869 peers)

Cape Ann Savings Bank multi-year trail

Cape Ann Savings Bank's plans moved +35.0% in assets from 2022 to 2024; this filing shows Sbera Pension Plan as Adopted by Cape Ann Savings Bank at $15M / 73 participants.

#4,600
in Finance & Insurance (8,869 peers)
+23.8%
assets growth YoY

Sbera Pension Plan as Adopted by Cape Ann Savings Bank's outsized position by total assets

Sbera Pension Plan as Adopted by Cape Ann Savings Bank vs every filed plan by assets

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

$14,696,867 Top 33% higher than 67% 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 Pension Plan as Adopted by Cape Ann Savings Bank 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 Pension Plan as Adopted by Cape Ann Savings Bank is a small filing (73 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sbera Pension Plan as Adopted by Cape Ann Savings Bank reported net income rose from $243K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Cape Ann Savings Bank end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Cape Ann Savings Bank reported participants rose from 69 in the plan year 2022 filing to 73 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 041148820 · Cape Ann Savings Bank PY 2023 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Cape Ann Savings Bank · $15M · 73 · 67th

  • BOY $15M
  • SCH 73
  • EBSA 67th
  • PART Defined Benefit (Pension)
  • TYPE near Estwing Manufacturing Company, Inc. Pension Plan
  • NET ind #4600

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 Cape Ann Savings Bank in the asset neighbourhood

Otterbein Homes Retirement PlanOtterbein Homes Retirement P…$15MHelena Agri-Enterprises, LLC Pension Plan for Production Workers & Truck DriversHelena Agri-Enterprises, LLC…$15MSbera Pension Plan as Adopted by Cape Ann Savings BankSbera Pension Plan as Adopte…$15MEstwing Manufacturing Company, Inc. Pension PlanEstwing Manufacturing Compan…$15MThe Oilgear Company Retirement PlanThe Oilgear Company Retireme…$15M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Cape Ann Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Cape Ann Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Cape Ann Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$28M 34.98199337595391% vs 2022
2024 filing year
$20M$25M$30M 202220232024 $20.7M $28M ▲ +35.0%
Year Plans Participants Total Assets
2022 2 148 $21M
2023 2 154 $26M
2024 2 153 $28M

Cape Ann Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN041148820
Plan Effective Date1989-11-01
Filing StatusFILING RECEIVED

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 Cape Ann Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Cape Ann Savings Bank, Total assets ($B): 0.014696867 · Participants: 73Sbera Pension Plan as Adopted by Cape Ann Savings BankConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
Sbera Pension Plan as Adopted by Cape Ann Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Cape Ann Savings Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Estwing Manufacturing Company, Inc. Pension Plan in IL ($15M); by covered participants it is Mosaic Combined U.S. Defined Benefit Pension Plan in FL (73 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (73 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 Pension Plan as Adopted by Cape Ann Savings Bank assets move in 2023? ▼
Sbera Pension Plan as Adopted by Cape Ann Savings Bank grew sharply - up 23.8% during 2023, from $12M to $15M. Reported net income was $3M.
How have Cape Ann Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cape Ann Savings Bank's sponsor-wide assets grew 35.0%, from $21M to $28M.
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Cape Ann Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Estwing Manufacturing Company, Inc. Pension Plan in IL ($15M, 122 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Cape Ann Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mosaic Combined U.S. Defined Benefit Pension Plan in FL (73 participants, $19M 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 041148820.

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.