Defined Benefit (Pension) · DOL Form 5500 · 2023

Watertown Savings Bank Pension Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
96
Participants Small participant base
82nd
Percentile by assets National rank
$379,208
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Watertown Savings Bank · Sponsored by Watertown Savings Bank · Massachusetts · Finance & Insurance

$36M in assets, 96 participants

Watertown Savings Bank's Sbera Pension Plan as Adopted by Watertown Savings Bank reported $36M in total assets and 96 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,412 in Finance & Insurance (8,869 peers)

Where Sbera Pension Plan as Adopted by Watertown Savings Bank sits by assets

Sbera Pension Plan as Adopted by Watertown Savings Bank sits in the top quartile of all filed plans by assets, $36M for 96 participants (~$379,208/participant), up 19.4% in 2023.

#6,412
in Finance & Insurance (8,869 peers)
+19.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sbera Pension Plan as Adopted by Watertown Savings Bank's outsized position by total assets

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

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

$36,403,985 Top 18% higher than 82% 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 Watertown 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 Watertown Savings Bank is a small filing (96 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 Watertown Savings Bank reported net income rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Watertown Savings Bank end-of-year assets rose from $30M in the plan year 2022 filing to $36M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Watertown Savings Bank reported participants fell from 105 in the plan year 2022 filing to 96 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 041950840 · Watertown Savings Bank PY 2023 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Watertown Savings Bank · $36M · 96 · 82nd

  • SCH $36M
  • SCH 96
  • SCH 82nd
  • SCH Defined Benefit (Pension)
  • SCH near Retirement Plan of Louisiana Pigment Company, L.P.
  • SCH ind #6412

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 Watertown Savings Bank in the asset neighbourhood

Waterous Company Pension Plan$36MAmetek Inc. Pension Plan$36MRetirement Plan of Louisiana Pigment Company, L.P.Retirement Plan of Louisiana…$36MSbera Pension Plan as Adopted by Watertown Savings BankSbera Pension Plan as Adopte…$36MCarhartt, Inc. Pension Plan$36M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Watertown Savings 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)$30M
Net Assets (End of Year)$36M
Net Income$6M
Employer EIN041950840
Plan Effective Date1989-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Watertown Savings Bank)

Sponsor-wide plan assets over time

All Watertown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$78M 25.958003906901713% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $62.3M $78.4M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 225 $62M
2023 2 210 $72M
2024 2 210 $78M

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 Watertown Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Watertown Savings Bank, Total assets ($B): 0.036403985 · Participants: 96Sbera Pension Plan as Adopted by Watertown 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 Watertown Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Watertown Savings Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Retirement Plan of Louisiana Pigment Company, L.P. in LA ($36M); by covered participants it is Keweenaw Bay Indian Community Defined Benefit Plan in MI (96 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36M here).

Similar participant headcount

Nearest other-state filings by covered participants (96 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 Watertown Savings Bank assets move in 2023? ▼
Sbera Pension Plan as Adopted by Watertown Savings Bank grew sharply - up 19.4% during 2023, from $30M to $36M. Reported net income was $6M.
How have Watertown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Watertown Savings Bank's sponsor-wide assets grew 26.0%, from $62M to $78M.
Where does Sbera Pension Plan as Adopted by Watertown Savings Bank rank by assets among Form 5500 filers? ▼
Sbera Pension Plan as Adopted by Watertown Savings Bank ranks in the 82nd 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 Watertown Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of Louisiana Pigment Company, L.P. in LA ($36M, 86 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Watertown Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Keweenaw Bay Indian Community Defined Benefit Plan in MI (96 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 041950840.

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.