Defined Benefit (Pension) · DOL Form 5500 · 2023

Washington Savings Bank Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
33
Participants Small participant base
64th
Percentile by assets National rank
$396,897
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Washington Savings Bank · Sponsored by Washington Savings Bank · Massachusetts · Finance & Insurance

$13M in assets, 33 participants

Washington Savings Bank's Sbera Pension Plan as Adopted by Washington Savings Bank reported $13M in total assets and 33 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.

  • #4,384 in Finance & Insurance (8,869 peers)

Washington Savings Bank multi-year trail

Washington Savings Bank's plans moved +31.4% in assets from 2022 to 2024; this filing shows Sbera Pension Plan as Adopted by Washington Savings Bank at $13M / 33 participants.

#4,384
in Finance & Insurance (8,869 peers)
+19.1%
assets growth YoY

Sbera Pension Plan as Adopted by Washington Savings Bank's mid-pack asset rank among Finance & Insurance and all filers

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

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

$13,097,607 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 Washington 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 Washington Savings Bank is a small filing (33 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 Washington Savings Bank reported net income rose from $304K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Washington Savings Bank 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 →

EBSA filing schedule strip

Filing strip 041949430 · Washington Savings Bank PY 2023 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Washington Savings Bank · $13M · 33 · 64th

  • BOOK $13M
  • VS-ST 33
  • BOY 64th
  • SCH Defined Benefit (Pension)
  • EBSA near Barnwell Industries, Inc. Employees' Pension Plan
  • PART ind #4384

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 Washington Savings Bank in the asset neighbourhood

Furukawa Rock Drill USA Defined Benefit PlanFurukawa Rock Drill USA Defi…$13MMoridge Manufacturing, Inc. Employee's Pension TrustMoridge Manufacturing, Inc. …$13MSbera Pension Plan as Adopted by Washington Savings BankSbera Pension Plan as Adopte…$13MBarnwell Industries, Inc. Employees' Pension PlanBarnwell Industries, Inc. Em…$13MHusch Blackwell LLP Cash Balance Pension PlanHusch Blackwell LLP Cash Bal…$13M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Washington Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Washington Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Washington Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$19M 31.44381202602089% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $14.4M $18.9M ▲ +31.4%
Year Plans Participants Total Assets
2022 2 67 $14M
2023 2 68 $17M
2024 2 71 $19M

Washington Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN041949430
Plan Effective Date1981-11-01
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 Washington Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Washington Savings Bank, Total assets ($B): 0.013097607 · Participants: 33Sbera Pension Plan as Adopted by Washington 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 Washington Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Washington Savings Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Barnwell Industries, Inc. Employees' Pension Plan in HI ($13M); by covered participants it is Vermont Gas Systems, Inc. Retirement Plan in VT (33 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33 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 Washington Savings Bank assets move in 2023? ▼
Sbera Pension Plan as Adopted by Washington Savings Bank grew sharply - up 19.1% during 2023, from $11M to $13M. Reported net income was $2M.
How have Washington Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Washington Savings Bank's sponsor-wide assets grew 31.4%, from $14M to $19M.
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Washington Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Barnwell Industries, Inc. Employees' Pension Plan in HI ($13M, 16 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Washington Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Vermont Gas Systems, Inc. Retirement Plan in VT (33 participants, $18M 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 041949430.

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.