Defined Benefit (Pension) · DOL Form 5500 · 2023
Millbury National Bank Pension Plan
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 20
- Participants Small participant base
- 46th
- Percentile by assets National rank
- $280,544
- Avg per participant High balance/head
Official DOL plan name: Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) · Sponsored by Millbury National Bank · Massachusetts · Finance & Insurance
$6M in assets, 20 participants
Millbury National Bank's Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) reported $6M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.
- #2,937 in Finance & Insurance (8,869 peers)
Millbury National Bank multi-year trail
Millbury National Bank's plans moved +47.9% in assets from 2022 to 2024; this filing shows Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) at $6M / 20 participants.
- #2,937
- in Finance & Insurance (8,869 peers)
- +42.1%
- assets growth YoY
Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)'s mid-pack asset rank among Finance & Insurance and all filers
Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$5,610,878 46th percentile higher than 46% 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 Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) 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 Millbury National Bank (Cash Balance Plan Conversion) is a small filing (20 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 Millbury National Bank (Cash Balance Plan Conversion) reported net income rose from $156K in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) end-of-year assets rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) reported participants rose from 16 in the plan year 2022 filing to 20 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 041621330 · Millbury National Bank PY 2023 · Defined Benefit (Pension)
Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) · $6M · 20 · 46th
- 5500 $6M
- ASSETS 20
- PCT 46th
- EIN Defined Benefit (Pension)
- RANK near Hz II LLC Cash Balance Pension Plan
- PHOTO ind #2937
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 Millbury National Bank (Cash Balance Plan Conversion) in the asset neighbourhood
Millbury National Bank multi-year asset trail
Sponsor-wide plan assets over time
All Millbury National Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $8M 47.94979616019052% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 31 | $6M |
| 2023 | 2 | 36 | $7M |
| 2024 | 2 | 39 | $8M |
Millbury National Bank filing trail (2023)
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | $2M |
| Employer EIN | 041621330 |
| Plan Effective Date | 1989-11-01 |
| Filing Status | FILING RECEIVED |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
- New England Teamsters Pension Fund $9.1B · 21,786
- Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
- Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
- N. Atlantic States Carp. Pension Fund $5.0B · 17,166
Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Hz II LLC Cash Balance Pension Plan in CA ($6M); by covered participants it is Dedert Corporation Employees' Pension Plan in IL (20 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
Similar participant headcount
Nearest other-state filings by covered participants (20 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.