Defined Benefit (Pension) · DOL Form 5500 · 2024

Washington Savings Bank Pension Plan

Data updated 2026-08-11

$15M
Total assets
35
Participants
64th
Percentile by assets
$417,951
Avg per participant
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Official DOL plan name: Sbera Pension Plan as Adopted by Washington Savings Bank · Sponsored by Washington Savings Bank · Massachusetts · Finance & Insurance

$15M in assets, 35 participants

Washington Savings Bank's Sbera Pension Plan as Adopted by Washington Savings Bank reported $15M in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 123,622 plans)
  • #4,105 in Finance & Insurance (8,549 peers)

Washington Savings Bank multi-year trail

Washington Savings Bank's plans moved +31.4% in assets from 2022 to 2024; this filing shows Sbera Pension Plan as Adopted by Washington Savings Bank at $15M / 35 participants.

$15M
total plan assets (2024 EOY)
35
covered participants
64th
percentile by assets (of 123,622 plans)
$417,951
avg assets per participant

Where Sbera Pension Plan as Adopted by Washington Savings Bank sits by total assets

Sbera Pension Plan as Adopted by Washington Savings Bank vs every filed plan by assets

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

$14,628,290 Top 36% higher than 64% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sbera Pension Plan as Adopted by Washington Savings Bank reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Washington Savings Bank end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Washington Savings Bank reported participants rose from 33 in the plan year 2023 filing to 35 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Massachusetts
Industry
Finance & Insurance

Washington Savings Bank across 3 plan years on file

Across the 3 plan years Washington Savings Bank has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $19M, a gain of 31.4%, while reported participants moved from 67 to 71 (+6.0%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($14M).

Washington Savings Bank multi-year asset trail

$12M$14M$16M$18M$20M 202220232024 $14.4M $18.9M ▲ +31.4%
Total plan assets by year, all Washington Savings Bank plans on file
Year Plans Participants Total Assets
2022 2 67 $14M
2023 2 68 $17M
2024 2 71 $19M

Washington Savings Bank filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN041949430
Plan Effective Date1981-11-01
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 Washington Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan a…, Total assets ($B): 0.01462829 · Participants: 35Sbera Pension Plan a…Consolidated Cash Ba…, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Ba…New England Teamster…, Total assets ($B): 9.093299462 · Participants: 21577New England Teamster…Liberty Mutual Retir…, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retir…Massachusetts Instit…, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Instit…N. Atlantic States C…, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States C…
Sbera Pension Plan as Adopted by Washington Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Washing… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sbera Pension Plan as Adopted by Washington Savings Bank by total assets, not by location.

Frequently Asked Questions

How did Sbera Pension Plan as Adopted by Washington Savings Bank assets move in 2024? ▼
Sbera Pension Plan as Adopted by Washington Savings Bank grew at a solid clip - up 11.7% during 2024, from $13M to $15M. Reported net income was $2M.
How have Washington Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Washington Savings Bank's sponsor-wide assets grew 31.4%, from $14M to $19M.
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by Washington Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The People's Credit Union Defined Benefit Plan and Trust in RI ($15M, 34 participants).

Next read for Sbera Pension Plan as Adopted by Washing…

Multi-year trail

Ways to act on Sbera Pension Plan as Adopted by Washington Savings Bank's numbers.

  • By total assets, Sbera Pension Plan as Adopted by Washington Savings Bank ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
  • Washington Savings Bank's sponsor-wide assets have grown 31.4% 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 041949430.

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.