2023 Form 5500 filing — Sbera 401(K) Plan As Adopted By Newburyport Five Cents Savings Bank

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240730071935NAL0013157651001) for Sbera 401(K) Plan As Adopted By Newburyport Five Cents Savings Bank, reported by Newburyport Five Cents Savings Bank under EIN 04-1669070 and plan number 002. It reports 271 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

EFAST2 acknowledgement
20240730071935NAL0013157651001
Filing year
2023
Form type
2
Plan sponsor
Newburyport Five Cents Savings Bank
EIN
04-1669070
Plan number
002
Location
Newburyport, MA
Participants
271
Schedules available
Schedule H
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$25,509,798
Total liabilities (EOY)
$0
Net assets (EOY)
$25,509,798
Employer contributions
$1,369,268
Participant contributions
$1,373,907
Total income / additions
$7,404,404
Benefits paid
$1,539,871
Administrative expenses
$990
Total expenses
$1,540,861
Net increase / (decrease)
$5,863,543
Schedule source
Schedule H

Related Form 5500 pages