401(k) · DOL Form 5500 · 2024

Avidia Bank 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
262
Participants Below avg headcount
84th
Percentile by assets National rank
$187,823
Avg per participant Above avg balance/head
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Official DOL plan name: Sbera 401(k) Plan as Adopted by Avidia Bank · Sponsored by Avidia Bank · Massachusetts · Finance & Insurance

$49M in assets, 262 participants

Avidia Bank's Sbera 401(k) Plan as Adopted by Avidia Bank reported $49M in total assets and 262 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,424 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Sbera 401(k) Plan as Adopted by Avidia Bank covers 262 participants in Massachusetts, about 40% of the average Massachusetts filer (state average ~659 per filing). Assets: $49M.

#6,424
in Finance & Insurance (8,549 peers)
+9.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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

Sbera 401(k) Plan as Adopted by Avidia Bank vs every filed plan by assets

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

$49,209,644 Top 16% higher than 84% 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 Avidia Bank 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 Avidia Bank sits mid-pack in the medium band (262 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sbera 401(k) Plan as Adopted by Avidia Bank reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Sbera 401(k) Plan as Adopted by Avidia Bank end-of-year assets rose from $45M in the plan year 2023 filing to $49M in the plan year 2024 filing.
  • Sbera 401(k) Plan as Adopted by Avidia Bank reported participants fell from 265 in the plan year 2023 filing to 262 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 043395834 · Avidia Bank PY 2024 · 401(k)

Sbera 401(k) Plan as Adopted by Avidia Bank · $49M · 262 · 84th

  • NET $49M
  • BOOK 262
  • VS-ST 84th
  • BOY 401(k)
  • SCH near Purewest 401(k) Plan
  • EBSA ind #6424

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 Avidia Bank in the asset neighbourhood

Sbera 401(k) Plan as Adopted by Avidia BankSbera 401(k) Plan as Adopted…$49MPurewest 401(k) Plan$49MAmerican Consulting Services, Inc. 401(k) PlanAmerican Consulting Services…$49MKerr, Russell and Weber, PLC Retirement PlanKerr, Russell and Weber, PLC…$49MSpringfield Neurological Institute, L.L.C. 401(k) Profit Sharing PlanSpringfield Neurological Ins…$49M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by Avidia Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$49M
Net Income$4M
Employer EIN043395834
Plan Effective Date1991-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avidia Bank)

Sponsor-wide plan assets over time

All Avidia Bank plans reported in each filing year

Latest sponsor-wide plan assets
$49M 25.393153443521953% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.2M $49.2M ▲ +25.4%
Year Plans Participants Total Assets
2022 1 264 $39M
2023 1 265 $45M
2024 1 262 $49M

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 Avidia Bank vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by Avidia Bank, Total assets ($B): 0.049209644 · Participants: 262Sbera 401(k) Plan as Adopted by Avidia BankFidelity 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 Avidia Bank vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sbera 401(k) Plan as Adopted by Avidia Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Purewest 401(k) Plan in CO ($49M); by covered participants it is Chesapeake Containment Systems 401(k) Plan in NC (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 Avidia Bank assets move in 2024? ▼
Sbera 401(k) Plan as Adopted by Avidia Bank grew at a solid clip - up 9.6% during 2024, from $45M to $49M. Reported net income was $4M.
How have Avidia Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avidia Bank's sponsor-wide assets grew 25.4%, from $39M to $49M.
Where does Sbera 401(k) Plan as Adopted by Avidia Bank rank by assets among Form 5500 filers? ▼
Sbera 401(k) Plan as Adopted by Avidia Bank ranks in the 84th 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 Avidia Bank? ▼
Among 401(k) plans in other states, the closest by assets is Purewest 401(k) Plan in CO ($49M, 178 participants).
Which 401(k) plans cover a similar participant headcount to Sbera 401(k) Plan as Adopted by Avidia Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Chesapeake Containment Systems 401(k) Plan in NC (262 participants, $6M 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 043395834.

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.