Defined Benefit (Pension) · DOL Form 5500 · 2024

Cooperative Banks Employees Retirement Association Pension Plan

Data updated 2026-08-25

$130M
Total assets Near avg plan size
453
Participants Below avg headcount
92nd
Percentile by assets National rank
$287,052
Avg per participant High balance/head
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Official DOL plan name: Cbera Plan C · Sponsored by Cooperative Banks Employees Retirement Association · Massachusetts · Finance & Insurance

$130M in assets, 453 participants

Cooperative Banks Employees Retirement Association's Cbera Plan C reported $130M in total assets and 453 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,501 in Finance & Insurance (8,549 peers)

Where Cbera Plan C sits by assets

Cbera Plan C sits in the top 10% of all filed plans by assets, $130M for 453 participants (~$287,052/participant), down 56.5% in 2024.

#7,501
in Finance & Insurance (8,549 peers)
-56.5%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $142M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cbera Plan C's outsized position by total assets

Cbera Plan C vs every filed plan by assets

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

$130,034,395 Top 8% higher than 92% 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

Cbera Plan C 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. Cbera Plan C sits mid-pack in the medium band (453 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cbera Plan C reported net income fell from $10M in the plan year 2023 filing to -$142M in the plan year 2024 filing.
  • Cbera Plan C end-of-year assets fell from $299M in the plan year 2023 filing to $130M in the plan year 2024 filing.
  • Cbera Plan C reported participants fell from 567 in the plan year 2023 filing to 453 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 046035593 · Cooperative Banks Employees Retirement Association PY 2024 · Defined Benefit (Pension)

Cbera Plan C · $130M · 453 · 92nd

  • EIN $130M
  • EIN 453
  • EIN 92nd
  • EIN Defined Benefit (Pension)
  • EIN near Industrial Carpenters and Precast Pension Plan
  • EIN ind #7501

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 →

Cbera Plan C in the asset neighbourhood

Cbera Plan C$130MIndustrial Carpenters and Precast Pension PlanIndustrial Carpenters and Pr…$130MIBEW Local #952 Ventura Division of La County Chapter NECA Pension Trust FundIBEW Local #952 Ventura Divi…$130MLocal 153 Pension Fund$130MBeebe Medical Center Pension PlanBeebe Medical Center Pension…$130M
End-of-year total assets ($M) among Cbera Plan C and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$299M
Net Assets (End of Year)$130M
Net Income-$142M
Employer EIN046035593
Plan Effective Date1976-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cooperative Banks Employees Retirement Association)

Sponsor-wide plan assets over time

All Cooperative Banks Employees Retirement Association plans reported in each filing year

Latest sponsor-wide plan assets
$944M 0.035842824759074035% vs 2022
2024 filing year
$0.9B$0.95B$1B$1.05B 202220232024 $0.94B $0.94B ▲ +0.0%
Year Plans Participants Total Assets
2022 2 3,708 $944M
2023 2 3,754 $1.0B
2024 2 3,644 $944M

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Cbera Plan C vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Cbera Plan C, Total assets ($B): 0.130034395 · Participants: 453Cbera Plan CConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Cbera Plan C vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Cbera Plan C's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Industrial Carpenters and Precast Pension Plan in CA ($130M); by covered participants it is Local 805 Pension & Retirement Fund in NY (453 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (453 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 Cbera Plan C assets move in 2024?
Cbera Plan C contracted severely - down 56.5% during 2024, from $299M to $130M. Reported net income was -$142M.
How have Cooperative Banks Employees Retirement Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Cooperative Banks Employees Retirement Association's sponsor-wide assets declined 0.0%, from $944M to $944M.
Where does Cbera Plan C rank by assets among Form 5500 filers?
Cbera Plan C ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Cbera Plan C?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Industrial Carpenters and Precast Pension Plan in CA ($130M, 916 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cbera Plan C?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 805 Pension & Retirement Fund in NY (453 participants, $177M in assets).