Massachusetts › Finance and insurance › 100 to 249 participants
Form 5500 statement · plan year 1 Nov 2024 to 31 Oct 2025
Sbera Pension Plan As Adopted by Cape Ann Savings Bank
Sponsored by Cape Ann Savings Bank, Gloucester, MA
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Cape Ann Savings Bank of Gloucester, Massachusetts sponsors Sbera Pension Plan As Adopted by Cape Ann Savings Bank, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Oct 2025 shows 121 participants (81 active).
No Schedule H financial statement is attached to this filing, so asset, contribution and fee figures are not available for the year.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | — | $80,635 | $119,983 | $86,221 |
| Employer contributions per active participant | — | $9,975 | $7,849 | $10,244 |
| Schedule C compensation per participant | — | $451 | $352 | $344 |
| Schedule C compensation, share of net assets | — | 0.52% | 0.32% | 0.42% |
| Administrative expenses per participant | — | $582 | $433 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 100 to 249 participants (1,156 plans), finance and insurance (690) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 121 | — | — | — | — | — |
| 2023 | 115 | — | — | — | — | — |
| 2022 | 114 | — | — | — | — | — |
| 2021 | 112 | — | — | — | — | — |
| 2020 | 109 | — | — | — | — | — |
| 2019 | 109 | — | — | — | — | — |
| 2018 | 113 | — | — | — | — | — |
| 2017 | 112 | — | — | — | — | — |
| 2016 | 111 | — | — | — | — | — |
| 2015 | 106 | — | — | — | — | — |
| 2014 | 105 | — | — | — | — | — |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Audit and compliance answers, as filed
- Accountant's opinionNot stated
- Audit scope limited under ERISA section 103(a)(3)(C)—
- Participant contributions reported as transmitted late—
- Covered by a fidelity bond—
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 522120: Savings Institutions.
Other plans of Cape Ann Savings Bank
| Plan | Participants | Net assets |
|---|---|---|
| Sbera 401(k) Plan As Adopted by Cape Ann Savings | 104 | — |
Similar plans in Massachusetts
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Mountainone Financial, Inc. Pension Plan | Mountainone Financial, Inc. | 123 | $24.0M | $194,961 |
| Sbera Pension Plan As Adopted by Athol Savings Bank | Athol Savings Bank | 118 | $11.5M | $97,648 |
| Sbera Pension Plan As Adopted by Eagle Bank | Eagle Bank | 139 | $27.1M | $194,822 |
| Sbera Pension Plan As Adopted by Winchester Savings Bank | Winchester Savings Bank | 111 | $20.9M | $187,972 |
| Wellington Management Company LLP Defined Benefit Plan | Wellington Management Company LLP | 147 | $190M | $1,291,885 |
| Sbera Pension Plan As Adopted by Spencer Savings Bank | Cornerstone Bank | 103 | $13.7M | $133,019 |
Defined benefit plans in finance and insurance closest in size.
Questions and answers
How big is Sbera Pension Plan As Adopted by Cape Ann Savings Bank?
121 participants at the end of the plan year ending 31 Oct 2025, of whom 81 were active employees. Among defined benefit plans that places it in the 100 to 249 participants band, which held 1,156 plans in plan year 2024.
What does Cape Ann Savings Bank contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
No financial schedules are attached to this filing.
Who runs the plan?
The sponsor is Cape Ann Savings Bank. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing does not state an accountant's opinion type.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Nov 2024 to 31 Oct 2025, received by the Department of Labor on 18 May 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 04-1148820, plan 001, received 18 May 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.