Defined Benefit (Pension) · DOL Form 5500 · 2023

Martha's Vineyard Bank Pension Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
90
Participants Small participant base
79th
Percentile by assets National rank
$334,590
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Martha's Vineyard Bank · Sponsored by Martha's Vineyard Bank · Massachusetts · Finance & Insurance

$30M in assets, 90 participants

Martha's Vineyard Bank's Sbera Pension Plan as Adopted by Martha's Vineyard Bank reported $30M in total assets and 90 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,052 in Finance & Insurance (8,869 peers)

Where Sbera Pension Plan as Adopted by Martha's Vineyard Bank sits by assets

Sbera Pension Plan as Adopted by Martha's Vineyard Bank sits in the top quartile of all filed plans by assets, $30M for 90 participants (~$334,590/participant), up 21.0% in 2023.

#6,052
in Finance & Insurance (8,869 peers)
+21.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sbera Pension Plan as Adopted by Martha's Vineyard Bank's outsized position by total assets

Sbera Pension Plan as Adopted by Martha's Vineyard Bank vs every filed plan by assets

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

$30,113,086 Top 21% higher than 79% 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 Martha's Vineyard 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 Martha's Vineyard Bank is a small filing (90 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 Martha's Vineyard Bank reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Martha's Vineyard Bank end-of-year assets rose from $25M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 862942879 · Martha's Vineyard Bank PY 2023 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Martha's Vineyard Bank · $30M · 90 · 79th

  • IND $30M
  • EOY 90
  • 5500 79th
  • ASSETS Defined Benefit (Pension)
  • PCT near The Combined Defined Benefit Plan for Nacco Industries, Inc. and Its Subsidiaries
  • EIN ind #6052

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 Martha's Vineyard Bank in the asset neighbourhood

Apartment Employees' Pension TrustApartment Employees' Pension…$30MThe Combined Defined Benefit Plan for Nacco Industries, Inc. and Its SubsidiariesThe Combined Defined Benefit…$30MSbera Pension Plan as Adopted by Martha's Vineyard BankSbera Pension Plan as Adopte…$30MPacific Coast Shipyards Pension FundPacific Coast Shipyards Pens…$30MUnited States Sugar Corp - Rip Retirement Income PlanUnited States Sugar Corp - R…$30M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Martha's Vineyard Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$30M
Net Income$5M
Employer EIN862942879
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martha's Vineyard Bank)

Sponsor-wide plan assets over time

All Martha's Vineyard Bank plans reported in each filing year

Latest sponsor-wide plan assets
$32M 28.317645008088316% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.9M $31.9M ▲ +28.3%
Year Plans Participants Total Assets
2022 1 90 $25M
2023 1 90 $30M
2024 1 96 $32M

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 Martha's Vineyard Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Martha's Vineyard Bank, Total assets ($B): 0.030113086 · Participants: 90Sbera Pension Plan as Adopted by Martha's Vineyard 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 Martha's Vineyard Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Martha's Vineyard Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is The Combined Defined Benefit Plan for Nacco Industries, Inc. and Its Subsidiaries in TX ($30M); by covered participants it is Southwest Airlines Federal Credit Union Pension Plan in TX (90 participants). Same-state nearby plans are listed separately above.

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 Martha's Vineyard Bank assets move in 2023? ▼
Sbera Pension Plan as Adopted by Martha's Vineyard Bank grew sharply - up 21.0% during 2023, from $25M to $30M. Reported net income was $5M.
How have Martha's Vineyard Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Martha's Vineyard Bank's sponsor-wide assets grew 28.3%, from $25M to $32M.
Where does Sbera Pension Plan as Adopted by Martha's Vineyard Bank rank by assets among Form 5500 filers? ▼
Sbera Pension Plan as Adopted by Martha's Vineyard Bank ranks in the 79th 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 Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Martha's Vineyard Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Combined Defined Benefit Plan for Nacco Industries, Inc. and Its Subsidiaries in TX ($30M, 19 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Martha's Vineyard Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Southwest Airlines Federal Credit Union Pension Plan in TX (90 participants, $30M 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 862942879.

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.