Defined Benefit (Pension) · DOL Form 5500 · 2024
Cooperative Banks Employees Retirement Association Pension Plan
Data updated 2026-07-24
- $130M
- Total assets
- 453
- Participants
- 92nd
- Percentile by assets
- $287,052
- Avg per participant
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.
- 92nd percentile by assets (of 116,472 plans)
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.
- $130M
- total plan assets (2024 EOY)
- 453
- covered participants
- 92nd
- percentile by assets (of 116,472 plans)
- $287,052
- avg assets per participant
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.
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.
Cbera Plan C vs the 2024 asset distribution
By assets, Cbera Plan C outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $299M |
|---|---|
| Net Assets (End of Year) | $130M |
| Net Income | -$142M |
| Employer EIN | 046035593 |
| Plan Effective Date | 1976-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cooperative Banks Employees Retirement Association)
| 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
- Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
- Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
- N. Atlantic States Carp. Pension Fund $5.1B · 16,946
- N. Atlantic States Carp. Guaranteed Annuity Fund $3.8B · 10,943
- Massachusetts Laborers' Pension Fund $2.5B · 10,203
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Cbera Plan C by total assets, not by location.
- Local 153 Pension Fund (NY) $130M · 1,722
- Beebe Medical Center Pension Plan (DE) $130M · 639
- Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees (CT) $130M · 610
- Ti Group Automotive Systems Retirement Plan (MI) $130M · 292
Frequently Asked Questions
How did Cbera Plan C assets move in 2024? ▼
How have Cooperative Banks Employees Retirement Association plan assets changed over time? ▼
Where does Cbera Plan C rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Cbera Plan C? ▼
Next read for Cbera Plan C
Scale reading
Ways to act on Cbera Plan C's numbers.
- By total assets, Cbera Plan C ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- Cooperative Banks Employees Retirement Association's sponsor-wide assets have declined 0.0% since 2022 across 3 plan years on file. More Finance & Insurance plans
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 046035593.
Read our methodology - how this data is sourced, computed, and verified.