Defined Benefit (Pension) · DOL Form 5500 · 2024

Watertown Savings Bank Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
101
Participants Small participant base
81st
Percentile by assets National rank
$398,394
Avg per participant High balance/head
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Official DOL plan name: Sbera Pension Plan as Adopted by Watertown Savings Bank · Sponsored by Watertown Savings Bank · Massachusetts · Finance & Insurance

$40M in assets, 101 participants

Watertown Savings Bank's Sbera Pension Plan as Adopted by Watertown Savings Bank reported $40M in total assets and 101 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,107 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Sbera Pension Plan as Adopted by Watertown Savings Bank covers 101 participants in Massachusetts, about 15% of the average Massachusetts filer (state average ~659 per filing). Assets: $40M.

#6,107
in Finance & Insurance (8,549 peers)
+10.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sbera Pension Plan as Adopted by Watertown Savings Bank's outsized position by total assets

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

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

$40,237,810 Top 19% higher than 81% 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 Watertown Savings Bank 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 Watertown Savings Bank 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 Watertown Savings Bank reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Watertown Savings Bank end-of-year assets rose from $36M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Sbera Pension Plan as Adopted by Watertown Savings Bank reported participants rose from 96 in the plan year 2023 filing to 101 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 041950840 · Watertown Savings Bank PY 2024 · Defined Benefit (Pension)

Sbera Pension Plan as Adopted by Watertown Savings Bank · $40M · 101 · 81st

  • BOOK $40M
  • VS-ST 101
  • BOY 81st
  • SCH Defined Benefit (Pension)
  • EBSA near Makino Inc. Pension Plan
  • PART ind #6107

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 Watertown Savings Bank in the asset neighbourhood

The Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$40MMakino Inc. Pension Plan$40MSbera Pension Plan as Adopted by Watertown Savings BankSbera Pension Plan as Adopte…$40MUnion Health Service, Inc. Pension TrustUnion Health Service, Inc. P…$40MPension Plan for Employees of U.S. Natural Resources and Friedrich Air Conditioning Co.Pension Plan for Employees o…$40M
End-of-year total assets ($M) among Sbera Pension Plan as Adopted by Watertown Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$40M
Net Income$4M
Employer EIN041950840
Plan Effective Date1989-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Watertown Savings Bank)

Sponsor-wide plan assets over time

All Watertown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$78M 25.958003906901713% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $62.3M $78.4M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 225 $62M
2023 2 210 $72M
2024 2 210 $78M

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 Watertown Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sbera Pension Plan as Adopted by Watertown Savings Bank, Total assets ($B): 0.04023781 · Participants: 101Sbera Pension Plan as Adopted by Watertown Savings BankConsolidated 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 Watertown Savings Bank vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sbera Pension Plan as Adopted by Watertown Savings Bank side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Makino Inc. Pension Plan in OH ($40M); 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 Watertown Savings Bank assets move in 2024? ▼
Sbera Pension Plan as Adopted by Watertown Savings Bank grew at a solid clip - up 10.5% during 2024, from $36M to $40M. Reported net income was $4M.
How have Watertown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Watertown Savings Bank's sponsor-wide assets grew 26.0%, from $62M to $78M.
Where does Sbera Pension Plan as Adopted by Watertown Savings Bank rank by assets among Form 5500 filers? ▼
Sbera Pension Plan as Adopted by Watertown Savings Bank ranks in the 81st 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 Watertown Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Makino Inc. Pension Plan in OH ($40M, 55 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sbera Pension Plan as Adopted by Watertown Savings Bank? ▼
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 041950840.

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.