ESOP · DOL Form 5500 · 2024

Eastern Bank ESOP

Data updated 2026-08-25

$20M
Total assets Small plan by assets
361
Participants Below avg headcount
70th
Percentile by assets National rank
$54,220
Avg per participant Low balance/head
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Official DOL plan name: Cambridge Bancorp Employee Stock Ownership Plan · Sponsored by Eastern Bank · Massachusetts · Finance & Insurance

$20M in assets, 361 participants

Eastern Bank's Cambridge Bancorp Employee Stock Ownership Plan reported $20M in total assets and 361 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,676 in Finance & Insurance (8,549 peers)

2024 asset change

Cambridge Bancorp Employee Stock Ownership Plan grew at a solid clip 10.1% in 2024 ($18M → $20M) for 361 participants.

#4,676
in Finance & Insurance (8,549 peers)
+10.1%
assets growth YoY

Cambridge Bancorp Employee Stock Ownership Plan's outsized position by total assets

Cambridge Bancorp Employee Stock Ownership Plan vs every filed plan by assets

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

$19,573,587 Top 30% higher than 70% 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

Cambridge Bancorp Employee Stock Ownership Plan 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. Cambridge Bancorp Employee Stock Ownership Plan sits mid-pack in the medium band (361 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cambridge Bancorp Employee Stock Ownership Plan reported net income rose from -$44M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Cambridge Bancorp Employee Stock Ownership Plan end-of-year assets fell from $213M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Cambridge Bancorp Employee Stock Ownership Plan reported participants fell from 1,778 in the plan year 2023 filing to 361 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 043067724 · Eastern Bank PY 2024 · ESOP

Cambridge Bancorp Employee Stock Ownership Plan · $20M · 361 · 70th

  • EOY $20M
  • EOY 361
  • EOY 70th
  • EOY ESOP
  • EOY near Robert N. Ewing, General Contractor, Inc Employee Stock Ownership Plan
  • EOY ind #4676

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 What is an ESOP? → · Plans in Massachusetts →

Cambridge Bancorp Employee Stock Ownership Plan in the asset neighbourhood

Robert N. Ewing, General Contractor, Inc Employee Stock Ownership PlanRobert N. Ewing, General Con…$20MCommercial Casework, Inc. Employee Stock Ownership PlanCommercial Casework, Inc. Em…$20MCrown Enterprises, Inc. Employee Stock Ownership PlanCrown Enterprises, Inc. Empl…$20MCambridge Bancorp Employee Stock Ownership PlanCambridge Bancorp Employee S…$20MAus, Inc. Employee Stock Ownership PlanAus, Inc. Employee Stock Own…$20M
End-of-year total assets ($M) among Cambridge Bancorp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Eastern Bank years around the 2024 move

Sponsor-wide plan assets over time

All Eastern Bank plans reported in each filing year

Latest sponsor-wide plan assets
$946M 3.0497301683910547% vs 2022
2024 filing year
$0.9B$0.95B$1B$1.05B 202220232024 $0.98B $0.95B ▼ -3.1%
Year Plans Participants Total Assets
2022 4 5,829 $976M
2023 3 5,359 $1.0B
2024 3 3,851 $946M

2024 asset-move particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN043067724
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Massachusetts

Peer ESOP plans, same state, same plan type, ranked by total assets.

Cambridge Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Cambridge Bancorp Employee Stock Ownership Plan, Total assets ($M): 19.573587 · Participants: 361Cambridge Bancorp Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 729.34706 · Participants: 1684Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 367.792322 · Participants: 139The Gillette Company Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 253.372727 · Participants: 445First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanDavid Clark Employee Stock Ownership Plan, Total assets ($M): 182.6375 · Participants: 236David Clark Employee Stock Ownership PlanNew England Biolabs, Inc. Non-Voting Stock Ownership Plan, Total assets ($M): 162.974294 · Participants: 424New England Biolabs, Inc. Non-Voting Stock Ownership Plan
Cambridge Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Cambridge Bancorp Employee Stock Ownership Plan side-by-side with 3 peers →

Cambridge Bancorp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Massachusetts, the nearest ESOP by assets is Robert N. Ewing, General Contractor, Inc Employee Stock Ownership Plan in AZ ($20M); by covered participants it is Bulab Employee Stock Ownership Plan in TN (360 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (361 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 Cambridge Bancorp Employee Stock Ownership Plan assets move in 2024? ▼
Cambridge Bancorp Employee Stock Ownership Plan grew at a solid clip - up 10.1% during 2024, from $18M to $20M. Reported net income was $2M.
How have Eastern Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Eastern Bank's sponsor-wide assets declined 3.0%, from $976M to $946M.
Which ESOP plans are similar in size to Cambridge Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Robert N. Ewing, General Contractor, Inc Employee Stock Ownership Plan in AZ ($20M, 38 participants).
Which ESOP plans cover a similar participant headcount to Cambridge Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bulab Employee Stock Ownership Plan in TN (360 participants, $77M 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 043067724.

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.