Sbera Pension Plan As Adopted By Spencer Savings Bank — Form 5500 plan (Cornerstone Bank)
Plain-English plan 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, Sbera Pension Plan As Adopted By Spencer Savings Bank is a benefit plan reported by Cornerstone Bank under EIN 04-1856390 and plan number 001. The latest loaded filing year is 2023. The filing reports 112 participants and $15,399,799 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cornerstone Bank
- EIN
- 04-1856390
- Plan number
- 001
- Plan type
- 2
- Location
- Southbridge, MA
- Latest filing year
- 2023
- Participants
- 112
- End-of-year plan assets
- $15,399,799
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 112 | H | 20250527083344NAL0003952803001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,399,799
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,399,799
- Net assets (BOY)
- $6,816,603
Income & contributions
- Total contributions
- $0
- Total income / additions
- $1,554,156
Expenses & distributions
- Benefits paid
- $1,252,680
- Administrative expenses
- $0
- Total expenses
- $1,252,680
- Net increase / (decrease)
- $301,476
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.