Defined Benefit (Pension) · DOL Form 5500 · 2023

Massachusetts Bankers Association Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
12
Participants Small participant base
64th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Massachusetts Bankers Association · Sponsored by Massachusetts Bankers Association · Massachusetts · Finance & Insurance

$13M in assets, 12 participants

Massachusetts Bankers Association's Sbera Pension Plan as Adopted by Massachusetts Bankers Association reported $13M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,309 in Finance & Insurance (8,869 peers)

Massachusetts Bankers Association multi-year trail

Massachusetts Bankers Association's plans moved +22.7% in assets from 2022 to 2024; this filing shows Sbera Pension Plan as Adopted by Massachusetts Bankers Association at $13M / 12 participants.

#4,309
in Finance & Insurance (8,869 peers)
+18.6%
assets growth YoY

Sbera Pension Plan as Adopted by Massachusetts Bankers Association's mid-pack asset rank among Finance & Insurance and all filers

Sbera Pension Plan as Adopted by Massachusetts Bankers Association vs every filed plan by assets

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

$12,647,564 Top 36% higher than 64% 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 Massachusetts Bankers Association 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 Massachusetts Bankers Association is a small filing (12 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 Massachusetts Bankers Association reported net income rose from $67K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Massachusetts Bankers Association end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 041589780 · Massachusetts Bankers Association PY 2023 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Massachusetts Bankers Association · $13M · 12 · 64th

  • PCT $13M
  • PCT 12
  • PCT 64th
  • PCT Defined Benefit (Pension)
  • PCT near Local 868 I. B. of T. Pension Fund
  • PCT ind #4309

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 Massachusetts Bankers Association in the asset neighbourhood

Luvata Ohio, Inc. Retirement PlanLuvata Ohio, Inc. Retirement…$13MOrthopaedic & Spine Center of the Rockies, P.C. Cash Balance PlanOrthopaedic & Spine Center o…$13MSbera Pension Plan as Adopted by Massachusetts Bankers AssociationSbera Pension Plan as Adopte…$13MLocal 868 I. B. of T. Pension FundLocal 868 I. B. of T. Pensio…$13MNestle Puerto Rico Pension PlanNestle Puerto Rico Pension P…$13M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Massachusetts Bankers Association and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts Bankers Association multi-year asset trail

Sponsor-wide plan assets over time

All Massachusetts Bankers Association plans reported in each filing year

Latest sponsor-wide plan assets
$22M 22.65249749489963% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.9M $21.9M ▲ +22.6%
Year Plans Participants Total Assets
2022 2 26 $18M
2023 2 24 $20M
2024 2 31 $22M

Massachusetts Bankers Association filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN041589780
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 Massachusetts Bankers Association vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Massachusetts Bankers Association, Total assets ($B): 0.012647564 · Participants: 12Sbera Pension Plan as Adopted by Massachusetts Bankers AssociationConsolidated 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 Massachusetts Bankers Association vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Massachusetts Bankers Association side-by-side with 3 peers →

Sbera Pension Plan as Adopted by Massachusetts Bankers Association's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Local 868 I. B. of T. Pension Fund in NY ($13M); by covered participants it is Niagara Frontier Anesthesia Services, LLP Cash Balance Plan in NY (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Massachusetts Bankers Association assets move in 2023? ▼
Sbera Pension Plan as Adopted by Massachusetts Bankers Association grew sharply - up 18.6% during 2023, from $11M to $13M. Reported net income was $2M.
How have Massachusetts Bankers Association plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Massachusetts Bankers Association's sponsor-wide assets grew 22.7%, from $18M to $22M.
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Massachusetts Bankers Association? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 868 I. B. of T. Pension Fund in NY ($13M, 165 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Massachusetts Bankers Association? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Niagara Frontier Anesthesia Services, LLP Cash Balance Plan in NY (12 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 041589780.

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.