Defined Benefit (Pension) · DOL Form 5500 · 2024

Millbury National Bank Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
19
Participants Small participant base
46th
Percentile by assets National rank
$330,381
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) · Sponsored by Millbury National Bank · Massachusetts · Finance & Insurance

$6M in assets, 19 participants

Millbury National Bank's Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) reported $6M in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #2,701 in Finance & Insurance (8,549 peers)

Millbury National Bank multi-year trail

Millbury National Bank's plans moved +47.9% in assets from 2022 to 2024; this filing shows Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) at $6M / 19 participants.

#2,701
in Finance & Insurance (8,549 peers)
+11.9%
assets growth YoY

Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)'s mid-pack asset rank among Finance & Insurance and all filers

Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) vs every filed plan by assets

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

$6,277,236 46th percentile higher than 46% 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 Millbury National Bank (Cash Balance Plan Conversion) 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 Millbury National Bank (Cash Balance Plan Conversion) is a small filing (19 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 Millbury National Bank (Cash Balance Plan Conversion) reported net income fell from $2M in the plan year 2023 filing to $666K in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) end-of-year assets rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) reported participants fell from 20 in the plan year 2023 filing to 19 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 041621330 · Millbury National Bank PY 2024 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) · $6M · 19 · 46th

  • PHOTO $6M
  • IND 19
  • EOY 46th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Southern Ca. Oral & Maxillofacial Surgical Arts Defined Benefit Pension Plan
  • PCT ind #2701

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 Millbury National Bank (Cash Balance Plan Conversion) in the asset neighbourhood

The Webster Apartments Pension PlanThe Webster Apartments Pensi…$6MEntergy Corporation Retirement Plan IV for Bargaining EmployeesEntergy Corporation Retireme…$6MSbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)Sbera Pension Plan as Adopte…$6MSouthern Ca. Oral & Maxillofacial Surgical Arts Defined Benefit Pension PlanSouthern Ca. Oral & Maxillof…$6MPension Plan for the Employees of Local 3 UnionPension Plan for the Employe…$6M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Millbury National Bank multi-year asset trail

Sponsor-wide plan assets over time

All Millbury National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$8M 47.94979616019052% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.51M $8.15M ▲ +47.9%
Year Plans Participants Total Assets
2022 2 31 $6M
2023 2 36 $7M
2024 2 39 $8M

Millbury National Bank filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$666K
Employer EIN041621330
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 Millbury National Bank (Cash Balance Plan Conversion) vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion), Total assets ($B): 0.006277236 · Participants: 19Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)Consolidated 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 Millbury National Bank (Cash Balance Plan Conversion) vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Southern Ca. Oral & Maxillofacial Surgical Arts Defined Benefit Pension Plan in CA ($6M); by covered participants it is Pension Plan for Employees of Local 15, 15a, 15c, 15d Iuoe AFL-CIO in NY (19 participants). Same-state nearby plans are listed separately above.

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 Millbury National Bank (Cash Balance Plan Conversion) assets move in 2024?
Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion) grew at a solid clip - up 11.9% during 2024, from $6M to $6M. Reported net income was $666K.
How have Millbury National Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Millbury National Bank's sponsor-wide assets grew 47.9%, from $6M to $8M.
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Southern Ca. Oral & Maxillofacial Surgical Arts Defined Benefit Pension Plan in CA ($6M, 12 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Millbury National Bank (Cash Balance Plan Conversion)?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees of Local 15, 15a, 15c, 15d Iuoe AFL-CIO in NY (19 participants, $47M in assets).