Sbera 401(K) Plan As Adopted By Washington Savings Bank — Form 5500 plan (Washington Savings 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 401(K) Plan As Adopted By Washington Savings Bank is a benefit plan reported by Washington Savings Bank under EIN 04-1949430 and plan number 002. The latest loaded filing year is 2023. The filing reports 53 participants and $3,783,199 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.8MPlan net assets, end of year$3,783,199
Participants53Covered participants reported
Assets / participant$71.4KComputed: assets ÷ participants$71,381 (computed)
Provider compensationNone reported
Plan sponsor
Washington Savings Bank
EIN
04-1949430
Plan number
002
Plan type
2
Location
Lowell, MA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    53 participants · 2Sch I
    View filing →
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.8M total assets
Net assets$3.8MLiabilities
Money in vs. money out
Total income / additions$856.6K
Total expenses$452.9K
Benefits paid / distributions$452.7K
Contributions
Employer$62.2K
Participant$190.8K
Full reported line items

Net assets

Total assets (EOY)
$3,783,199
Net assets (EOY)
$3,783,199
Net assets (BOY)
$3,379,494

Income & contributions

Employer contributions
$62,199
Participant contributions
$190,799
Total income / additions
$856,571

Expenses & distributions

Benefits paid
$452,686
Administrative expenses
$180
Total expenses
$452,866
Net increase / (decrease)
$403,705
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 25%Participant 75%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income53%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

What to inspect next

Frequently asked questions

Who sponsors the Sbera 401(K) Plan As Adopted By Washington Savings Bank?
Sbera 401(K) Plan As Adopted By Washington Savings Bank is reported as sponsored by Washington Savings Bank (EIN 04-1949430, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Sbera 401(K) Plan As Adopted By Washington Savings Bank?
The latest Form 5500 filing year loaded for Sbera 401(K) Plan As Adopted By Washington Savings Bank is 2023.
How many participants does Sbera 401(K) Plan As Adopted By Washington Savings Bank report?
Sbera 401(K) Plan As Adopted By Washington Savings Bank reports 53 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Sbera 401(K) Plan As Adopted By Washington Savings Bank?
Sbera 401(K) Plan As Adopted By Washington Savings Bank reports $3,783,199 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages