Defined Benefit (Pension) · DOL Form 5500 · 2024
The Bank of Canton Pension Plan
Data updated 2026-08-11
- $41M
- Total assets
- 101
- Participants
- 82nd
- Percentile by assets
- $406,056
- Avg per participant
Official DOL plan name: Sbera Pension Plan as Adopted by the Bank of Canton · Sponsored by The Bank of Canton · Massachusetts · Finance & Insurance
$41M in assets, 101 participants
The Bank of Canton's Sbera Pension Plan as Adopted by the Bank of Canton reported $41M in total assets and 101 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.
- 82nd percentile by assets (of 123,622 plans)
- #6,134 in Finance & Insurance (8,549 peers)
Coverage in Massachusetts
Sbera Pension Plan as Adopted by the Bank of Canton covers 101 participants in Massachusetts, about 15% of the average Massachusetts filer (state average ~659 per filing). Assets: $41M.
- $41M
- total plan assets (2024 EOY)
- 101
- covered participants
- 82nd
- percentile by assets (of 123,622 plans)
- $406,056
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sbera Pension Plan as Adopted by the Bank of Canton reported net income fell from $6M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Sbera Pension Plan as Adopted by the Bank of Canton reported participants rose from 92 in the plan year 2023 filing to 101 in the plan year 2024 filing.
- Sbera Pension Plan as Adopted by the Bank of Canton end-of-year assets rose from $39M in the plan year 2023 filing to $41M in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Sbera Pension Plan as Adopted by the Bank of Canton reports 101 participants - about 15% of that state average ($41M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $41M |
| Net Income | $2M |
| Employer EIN | 200935064 |
| Plan Effective Date | 1981-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Bank of Canton)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 188 | $60M |
| 2023 | 2 | 185 | $66M |
| 2024 | 2 | 213 | $72M |
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 the Bank of Canton vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $11.6B · 60,621
- New England Teamsters Pension Fund $9.1B · 21,577
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sbera Pension Plan as Adopted by the Bank of Canton by total assets, not by location.
Frequently Asked Questions
How did Sbera Pension Plan as Adopted by the Bank of Canton assets move in 2024? ▼
How have The Bank of Canton plan assets changed over time? ▼
Where does Sbera Pension Plan as Adopted by the Bank of Canton rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by the Bank of Canton? ▼
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Filing takeaways
Ways to act on Sbera Pension Plan as Adopted by the Bank of Canton's numbers.
- By total assets, Sbera Pension Plan as Adopted by the Bank of Canton ranks in the top quartile 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
- The Bank of Canton's sponsor-wide assets have grown 19.7% since 2022 across 3 plan years on file. More Finance & Insurance plans