Defined Benefit (Pension) · DOL Form 5500 · 2024

Massachusetts Bankers Association Pension Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
15
Participants Small participant base
62nd
Percentile by assets National rank
$911,633
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Massachusetts Bankers Association · Sponsored by Massachusetts Bankers Association · Massachusetts · Finance & Insurance

$14M in assets, 15 participants

Massachusetts Bankers Association's Sbera Pension Plan as Adopted by Massachusetts Bankers Association reported $14M in total assets and 15 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #3,965 in Finance & Insurance (8,549 peers)

Massachusetts Bankers Association multi-year trail

Massachusetts Bankers Association's plans moved +22.7% in assets from 2022 to 2024; this filing shows Sbera Pension Plan as Adopted by Massachusetts Bankers Association at $14M / 15 participants.

#3,965
in Finance & Insurance (8,549 peers)
+8.1%
assets growth YoY

Sbera Pension Plan as Adopted by Massachusetts Bankers Association's mid-pack asset rank among Finance & Insurance and all filers

Sbera Pension Plan as Adopted by Massachusetts Bankers Association vs every filed plan by assets

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

$13,674,497 Top 38% higher than 62% 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 Pension Plan as Adopted by Massachusetts Bankers Association among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sbera Pension Plan as Adopted by Massachusetts Bankers Association is a small filing (15 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sbera Pension Plan as Adopted by Massachusetts Bankers Association reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Massachusetts Bankers Association reported participants rose from 12 in the plan year 2023 filing to 15 in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Massachusetts Bankers Association end-of-year assets rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 041589780 · Massachusetts Bankers Association PY 2024 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Massachusetts Bankers Association · $14M · 15 · 62nd

  • SCH $14M
  • SCH 15
  • SCH 62nd
  • SCH Defined Benefit (Pension)
  • SCH near Sheet Metal Workers Local 441 Supplemental Pension Plan
  • SCH ind #3965

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 Pension Plan as Adopted by Massachusetts Bankers Association in the asset neighbourhood

Carr Allison Cash Balance PlanCarr Allison Cash Balance Pl…$14MRetirement Plan for Salaried Employees of New York City Ballet, Inc.Retirement Plan for Salaried…$14MSbera Pension Plan as Adopted by Massachusetts Bankers AssociationSbera Pension Plan as Adopte…$14MSheet Metal Workers Local 441 Supplemental Pension PlanSheet Metal Workers Local 44…$14MRetirement Plan for Employees of Auxiliary Services, State University College at Oswego, Inc.Retirement Plan for Employee…$14M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Massachusetts Bankers Association and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts Bankers Association multi-year asset trail

Sponsor-wide plan assets over time

All Massachusetts Bankers Association plans reported in each filing year

Latest sponsor-wide plan assets
$22M 22.65249749489963% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.9M $21.9M ▲ +22.6%
Year Plans Participants Total Assets
2022 2 26 $18M
2023 2 24 $20M
2024 2 31 $22M

Massachusetts Bankers Association filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN041589780
Plan Effective Date1989-11-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Sbera Pension Plan as Adopted by Massachusetts Bankers Association vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Massachusetts Bankers Association, Total assets ($B): 0.013674497 · Participants: 15Sbera Pension Plan as Adopted by Massachusetts Bankers AssociationConsolidated 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
Sbera Pension Plan as Adopted by Massachusetts Bankers Association vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Sbera Pension Plan as Adopted by Massachusetts Bankers Association's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers Local 441 Supplemental Pension Plan in TN ($14M); by covered participants it is American Ingredients Company Retirement Plan in KS (15 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (15 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 Pension Plan as Adopted by Massachusetts Bankers Association assets move in 2024?
Sbera Pension Plan as Adopted by Massachusetts Bankers Association grew at a solid clip - up 8.1% during 2024, from $13M to $14M. Reported net income was $1M.
How have Massachusetts Bankers Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Massachusetts Bankers Association's sponsor-wide assets grew 22.7%, from $18M to $22M.
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Massachusetts Bankers Association?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers Local 441 Supplemental Pension Plan in TN ($14M, 199 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Massachusetts Bankers Association?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is American Ingredients Company Retirement Plan in KS (15 participants, $9M in assets).