Defined Benefit (Pension) · DOL Form 5500 · 2023

Middlesex Savings Bank Pension Plan

Data updated 2026-08-25

$170M
Total assets Near avg plan size
398
Participants Below avg headcount
94th
Percentile by assets National rank
$425,966
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Middlesex Savings Bank · Sponsored by Middlesex Savings Bank · Massachusetts · Finance & Insurance

$170M in assets, 398 participants

Middlesex Savings Bank's Sbera Pension Plan as Adopted by Middlesex Savings Bank reported $170M in total assets and 398 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,036 in Finance & Insurance (8,869 peers)

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

Sbera Pension Plan as Adopted by Middlesex Savings Bank sits in the top 10% of all filed plans by assets, $170M for 398 participants (~$425,966/participant), up 19.4% in 2023.

#8,036
in Finance & Insurance (8,869 peers)
+19.4%
assets growth YoY
1.7×
vs typical plan assets (national mean)

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

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

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

$169,534,424 Top 6% higher than 94% 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 Middlesex Savings Bank among mid-size 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 Middlesex Savings Bank sits mid-pack in the medium band (398 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sbera Pension Plan as Adopted by Middlesex Savings Bank reported net income rose from $3M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Middlesex Savings Bank end-of-year assets rose from $142M in the plan year 2022 filing to $170M in the plan year 2023 filing.
  • Sbera Pension Plan as Adopted by Middlesex Savings Bank reported participants fell from 407 in the plan year 2022 filing to 398 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 270402195 · Middlesex Savings Bank PY 2023 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Middlesex Savings Bank · $170M · 398 · 94th

  • ASSETS $170M
  • PCT 398
  • EIN 94th
  • RANK Defined Benefit (Pension)
  • PHOTO near American Federation of Government Employees Pension Plan
  • IND ind #8036

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 Middlesex Savings Bank in the asset neighbourhood

Cash Balance Plan for Partners & Sr. Staff of Stb LLPCash Balance Plan for Partne…$170MSbera Pension Plan as Adopted by Middlesex Savings BankSbera Pension Plan as Adopte…$170MAmerican Federation of Government Employees Pension PlanAmerican Federation of Gover…$169MMunicipal Credit Union Defined Benefit PlanMunicipal Credit Union Defin…$169MShore Medical Center Pension PlanShore Medical Center Pension…$169M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Middlesex 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)$142M
Net Assets (End of Year)$170M
Net Income$28M
Employer EIN270402195
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Middlesex Savings Bank)

Sponsor-wide plan assets over time

All Middlesex Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$289M 29.270016811716026% vs 2022
2024 filing year
$200M$220M$240M$260M$280M$300M 202220232024 $223M $289M ▲ +29.3%
Year Plans Participants Total Assets
2022 2 907 $223M
2023 2 884 $263M
2024 2 914 $289M

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 Middlesex Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Middlesex Savings Bank, Total assets ($B): 0.169534424 · Participants: 398Sbera Pension Plan as Adopted by Middlesex 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 Middlesex Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Middlesex Savings Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is American Federation of Government Employees Pension Plan in DC ($169M); by covered participants it is The Knoll Pension Plan in MI (398 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (398 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 Middlesex Savings Bank assets move in 2023? ▼
Sbera Pension Plan as Adopted by Middlesex Savings Bank grew sharply - up 19.4% during 2023, from $142M to $170M. Reported net income was $28M.
How have Middlesex Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Middlesex Savings Bank's sponsor-wide assets grew 29.3%, from $223M to $289M.
Where does Sbera Pension Plan as Adopted by Middlesex Savings Bank rank by assets among Form 5500 filers? ▼
Sbera Pension Plan as Adopted by Middlesex Savings Bank ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Middlesex Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is American Federation of Government Employees Pension Plan in DC ($169M, 258 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Middlesex Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Knoll Pension Plan in MI (398 participants, $128M 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 270402195.

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.