Defined Benefit (Pension) · DOL Form 5500 · 2023
The Bank of Canton Pension Plan
Data updated 2026-08-25
- $39M
- Total assets Below avg plan size
- 92
- Participants Small participant base
- 83rd
- Percentile by assets National rank
- $421,189
- Avg per participant High balance/head
Official DOL plan name: Sbera Pension Plan as Adopted by the Bank of Canton · Sponsored by The Bank of Canton · Massachusetts · Finance & Insurance
$39M in assets, 92 participants
The Bank of Canton's Sbera Pension Plan as Adopted by the Bank of Canton reported $39M in total assets and 92 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.
- #6,513 in Finance & Insurance (8,869 peers)
Where Sbera Pension Plan as Adopted by the Bank of Canton sits by assets
Sbera Pension Plan as Adopted by the Bank of Canton sits in the top quartile of all filed plans by assets, $39M for 92 participants (~$421,189/participant), up 16.7% in 2023.
- #6,513
- in Finance & Insurance (8,869 peers)
- +16.7%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Sbera Pension Plan as Adopted by the Bank of Canton's outsized position by total assets
Sbera Pension Plan as Adopted by the Bank of Canton vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$38,749,345 Top 17% higher than 83% 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 the Bank of Canton 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 the Bank of Canton is a small filing (92 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 the Bank of Canton reported net income rose from $937K in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Sbera Pension Plan as Adopted by the Bank of Canton end-of-year assets rose from $33M in the plan year 2022 filing to $39M in the plan year 2023 filing.
- Sbera Pension Plan as Adopted by the Bank of Canton reported participants rose from 91 in the plan year 2022 filing to 92 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 200935064 · The Bank of Canton PY 2023 · Defined Benefit (Pension)
Sbera Pension Plan as Adopted by the Bank of Canton · $39M · 92 · 83rd
- ASSETS $39M
- ASSETS 92
- ASSETS 83rd
- ASSETS Defined Benefit (Pension)
- ASSETS near Ardagh Metal Pension Plan
- ASSETS ind #6513
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 the Bank of Canton in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | $6M |
| Employer EIN | 200935064 |
| Plan Effective Date | 1981-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Bank of Canton)
Sponsor-wide plan assets over time
All The Bank of Canton plans reported in each filing year
- Latest sponsor-wide plan assets
- $72M 19.71789391702936% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 188 | $60M |
| 2023 | 2 | 185 | $66M |
| 2024 | 2 | 213 | $72M |
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 the Bank of Canton's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Ardagh Metal Pension Plan in IN ($39M); by covered participants it is Agm Container Controls, Inc. Defined Benefit Pension Plan in AZ (92 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($39M here).
Similar participant headcount
Nearest other-state filings by covered participants (92 participants); asset peers above are excluded.
- Agm Container Controls, Inc. Defined Benefit Pension Plan (AZ) 92 · 0 off
- United Bancorp, Inc. of Martins Ferry, Ohio Employees' Pension Plan (OH) 92 · 0 off
- Sears Manufacturing Company Defined Benefit Retirement Plan (IA) 92 · 0 off
- Retirement Plan for Bargaining Unit Employees of Warren General Hospital (PA) 92 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.