Defined Benefit (Pension) · DOL Form 5500 · 2024

The Bank of Canton Pension Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
101
Participants Small participant base
82nd
Percentile by assets National rank
$406,056
Avg per participant High balance/head
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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.

  • #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.

#6,134
in Finance & Insurance (8,549 peers)
+5.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sbera Pension Plan as Adopted by the Bank of Canton's outsized position by total assets

Sbera Pension Plan as Adopted by the Bank of Canton vs every filed plan by assets

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

$41,011,701 Top 18% higher than 82% 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 the Bank of Canton 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. Sbera Pension Plan as Adopted by the Bank of Canton sits mid-pack in the medium band (101 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 200935064 · The Bank of Canton PY 2024 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by the Bank of Canton · $41M · 101 · 82nd

  • SCH $41M
  • SCH 101
  • SCH 82nd
  • SCH Defined Benefit (Pension)
  • SCH near Peerless Pump Retirement Income Plan
  • SCH ind #6134

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 the Bank of Canton in the asset neighbourhood

Pennsylvania Compensation Rating Bureau Employee Retirement PlanPennsylvania Compensation Ra…$41MSbera Pension Plan as Adopted by the Bank of CantonSbera Pension Plan as Adopte…$41MPeerless Pump Retirement Income PlanPeerless Pump Retirement Inc…$41MHgea Staff Retirement Plan$41MPottstown Memorial Medical Center Retirement Income PlanPottstown Memorial Medical C…$41M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by the Bank of Canton and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$41M
Net Income$2M
Employer EIN200935064
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of Canton)

Sponsor-wide plan assets over time

All The Bank of Canton plans reported in each filing year

Latest sponsor-wide plan assets
$72M 19.71789391702936% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $60.1M $72M ▲ +19.7%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by the Bank of Canton, Total assets ($B): 0.041011701 · Participants: 101Sbera Pension Plan as Adopted by the Bank of CantonConsolidated 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 the Bank of Canton vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by the Bank of Canton side-by-side with 3 peers →

Sbera Pension Plan as Adopted by the Bank of Canton's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Peerless Pump Retirement Income Plan in IN ($41M); by covered participants it is Office & Professional Employees Iu Pension Plan in NY (101 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (101 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 the Bank of Canton assets move in 2024? ▼
Sbera Pension Plan as Adopted by the Bank of Canton grew at a solid clip - up 5.8% during 2024, from $39M to $41M. Reported net income was $2M.
How have The Bank of Canton plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Canton's sponsor-wide assets grew 19.7%, from $60M to $72M.
Where does Sbera Pension Plan as Adopted by the Bank of Canton rank by assets among Form 5500 filers? ▼
Sbera Pension Plan as Adopted by the Bank of Canton ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sbera Pension Plan as Adopted by the Bank of Canton? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Peerless Pump Retirement Income Plan in IN ($41M, 115 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by the Bank of Canton? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Office & Professional Employees Iu Pension Plan in NY (101 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 200935064.

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.