My Plan Facts

Employers › Massachusetts

Employer · plans filed under one EIN

The Bank of Canton

Canton, MA · Finance and insurance

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$75.0Mnet assets across plans
373participant records194 active
$352Kemployer contributions, latest plan years$1,817 per active record
$0Schedule C compensation to organisations$0.00 per participant record

2 retirement plans with 100 or more participants file Form 5500 under The Bank of Canton's employer identification number (Canton, Massachusetts). Their latest filings total 373 participant records and $75.0M in net assets.

The largest is Sbera Pension Plan As Adopted by the Bank of Canton, a defined benefit pension plan with 210 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $352K and participant contributions $1.1M in the latest plan years; benefits paid were $5.5M. Schedule C compensation reported to service provider organisations totalled $0.

Combined net assets moved from $17.3M in 2009 to $34.0M in 2025 (up 97%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Sbera Pension Plan As Adopted by the Bank of Cantondefined benefit pension plan2024210$41.0M$195,294—$0
Sbera 401(k) Plan As Adopted by the Bank of Canton401(k) plan2025163$34.0M$208,551$3,524$0
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $17.3M2010: $20.5M2011: $24.8M2012: $28.4M2013: $35.4M2014: $38.4M2015: $40.6M2016: $46.6M2017: $53.3M2018: $54.0M2019: $61.1M2020: $70.3M2021: $63.9M2022: $60.1M2023: $66.3M2024: $72.0M2025: $34.0M$17.3M$72.0M$34.0M200920122016202020242025
Combined net assets
2009: 4162010: 4182011: 4272012: 4332013: 4382014: 4482015: 4442016: 4342017: 4212018: 4082019: 3992020: 3972021: 3892022: 3782023: 3912024: 3792025: 163416448163200920122016202020242025
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20251163$34.0M$352K$1.1M
20242379$72.0M$326K$999K
20232391$66.3M$297K$909K
20222378$60.1M$2.3M$851K
20212389$63.9M$2.3M$919K
20202397$70.3M$2.3M$927K
20192399$61.1M$4.3M$904K
20182408$54.0M$1.8M$930K
20172421$53.3M$3.9M$1.1M
20162434$46.6M$406K$1.1M
20152444$40.6M$3.1M$1.2M
20142448$38.4M$3.0M$1.0M
20132438$35.4M$3.0M$1.1M
20122433$28.4M$648K$1.1M
20112427$24.8M$3.0M$1.0M
20102418$20.5M$1.1M$1.0M
20092416$17.3M$1.4M$928K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Questions and answers

How many retirement plans does The Bank of Canton have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Sbera Pension Plan As Adopted by the Bank of Canton and Sbera 401(k) Plan As Adopted by the Bank of Canton. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does The Bank of Canton contribute to its plans?

$352,401 in employer contributions across these plans in their latest plan years, about $1,817 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

The plans report no service provider organisations on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.