401(k) · DOL Form 5500 · 2024

The Bank of Canton 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
112
Participants Small participant base
78th
Percentile by assets National rank
$276,360
Avg per participant High balance/head
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Official DOL plan name: Sbera 401(k) Plan as Adopted by the Bank of Canton · Sponsored by The Bank of Canton · Massachusetts · Finance & Insurance

$31M in assets, 112 participants

The Bank of Canton's Sbera 401(k) Plan as Adopted by the Bank of Canton reported $31M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,591 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Sbera 401(k) Plan as Adopted by the Bank of Canton covers 112 participants in Massachusetts, about 17% of the average Massachusetts filer (state average ~659 per filing). Assets: $31M.

#5,591
in Finance & Insurance (8,549 peers)
+12.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sbera 401(k) Plan as Adopted by the Bank of Canton's outsized position by total assets

Sbera 401(k) Plan as Adopted by the Bank of Canton vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$30,952,267 Top 22% higher than 78% of 123,620 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 2024

Sbera 401(k) Plan as Adopted by the Bank of Canton among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sbera 401(k) Plan as Adopted by the Bank of Canton sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sbera 401(k) Plan as Adopted by the Bank of Canton reported net income rose from $655K in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sbera 401(k) Plan as Adopted by the Bank of Canton reported participants rose from 93 in the plan year 2023 filing to 112 in the plan year 2024 filing.
  • Sbera 401(k) Plan as Adopted by the Bank of Canton end-of-year assets rose from $28M in the plan year 2023 filing to $31M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 200935064 · The Bank of Canton PY 2024 · 401(k)

Sbera 401(k) Plan as Adopted by the Bank of Canton · $31M · 112 · 78th

  • PCT $31M
  • PCT 112
  • PCT 78th
  • PCT 401(k)
  • PCT near Flywheel Energy Retirement Plan
  • PCT ind #5591

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 401(k) Plan as Adopted by the Bank of Canton in the asset neighbourhood

Industrial and Commercial Bank of China Financial Services LLCIndustrial and Commercial Ba…$31MSbera 401(k) Plan as Adopted by the Bank of CantonSbera 401(k) Plan as Adopted…$31MFlywheel Energy Retirement PlanFlywheel Energy Retirement P…$31MAdvantis Credit Union 401(k) PlanAdvantis Credit Union 401(k)…$31MDunham's Athleisure Corporation 401(k) Savings & Retirement PlanDunham's Athleisure Corporat…$31M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by the Bank of Canton and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$31M
Net Income$3M
Employer EIN200935064
Plan Effective Date1994-07-01
Filing StatusFILING 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
$55M$60M$65M$70M$75M 202220232024 $60.1M $72M ▲ +19.7%
Year Plans Participants Total Assets
2022 2 188 $60M
2023 2 185 $66M
2024 2 213 $72M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sbera 401(k) Plan as Adopted by the Bank of Canton vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by the Bank of Canton, Total assets ($B): 0.030952267 · Participants: 112Sbera 401(k) Plan as Adopted by the Bank of CantonFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Sbera 401(k) Plan as Adopted by the Bank of Canton vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sbera 401(k) Plan as Adopted by the Bank of Canton side-by-side with 3 peers →

Sbera 401(k) Plan as Adopted by the Bank of Canton's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Flywheel Energy Retirement Plan in OK ($31M); by covered participants it is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sbera 401(k) Plan as Adopted by the Bank of Canton assets move in 2024? ▼
Sbera 401(k) Plan as Adopted by the Bank of Canton grew at a solid clip - up 12.3% during 2024, from $28M to $31M. Reported net income was $3M.
How have The Bank of Canton plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Canton's sponsor-wide assets grew 19.7%, from $60M to $72M.
Where does Sbera 401(k) Plan as Adopted by the Bank of Canton rank by assets among Form 5500 filers? ▼
Sbera 401(k) Plan as Adopted by the Bank of Canton ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sbera 401(k) Plan as Adopted by the Bank of Canton? ▼
Among 401(k) plans in other states, the closest by assets is Flywheel Energy Retirement Plan in OK ($31M, 284 participants).
Which 401(k) plans cover a similar participant headcount to Sbera 401(k) Plan as Adopted by the Bank of Canton? ▼
Among 401(k) plans in other states, the closest by covered participants is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200935064.

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.