Defined Benefit (Pension) · DOL Form 5500 · 2024
Salem Five Cents Savings Bank Pension Plan
Data updated 2026-08-25
- $75M
- Total assets Below avg plan size
- 96
- Participants Small participant base
- 88th
- Percentile by assets National rank
- $781,501
- Avg per participant High balance/head
Official DOL plan name: Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank · Sponsored by Salem Five Cents Savings Bank · Massachusetts · Finance & Insurance
$75M in assets, 96 participants
Salem Five Cents Savings Bank's Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank reported $75M in total assets and 96 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #6,979 in Finance & Insurance (8,549 peers)
Where Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank sits by assets
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank sits in the top quartile of all filed plans by assets, $75M for 96 participants (~$781,501/participant), down 0.2% in 2024.
- #6,979
- in Finance & Insurance (8,549 peers)
- -0.2%
- assets change YoY
- 0.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $157K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank's outsized position by total assets
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$75,024,092 Top 12% higher than 88% of 123,620 filed plans
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 Salem Five Cents Savings Bank 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 Salem Five Cents Savings Bank is a small filing (96 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 Salem Five Cents Savings Bank reported net income fell from $8M in the plan year 2023 filing to -$157K in the plan year 2024 filing.
- Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank reported participants fell from 106 in the plan year 2023 filing to 96 in the plan year 2024 filing.
- Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank end-of-year assets fell from $75M in the plan year 2023 filing to $75M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 041802790 · Salem Five Cents Savings Bank PY 2024 · Defined Benefit (Pension)
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank · $75M · 96 · 88th
- NET $75M
- BOOK 96
- VS-ST 88th
- BOY Defined Benefit (Pension)
- SCH near Houston Refining LP Retirement Plan for Represented Employees
- EBSA ind #6979
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 Salem Five Cents Savings Bank in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $75M |
|---|---|
| Net Assets (End of Year) | $75M |
| Net Income | -$157K |
| Employer EIN | 041802790 |
| Plan Effective Date | 1981-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Salem Five Cents Savings Bank)
Sponsor-wide plan assets over time
All Salem Five Cents Savings Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $183M 16.69994058390558% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 770 | $157M |
| 2023 | 2 | 741 | $174M |
| 2024 | 2 | 754 | $183M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Houston Refining LP Retirement Plan for Represented Employees in TX ($75M); by covered participants it is Asmoc Pension Plan in AL (96 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($75M here).
Similar participant headcount
Nearest other-state filings by covered participants (96 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.