Sbera 401(K) Plan As Adopted By Avidia Bank — Form 5500 plan (Avidia 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 Avidia Bank is a benefit plan reported by Avidia Bank under EIN 04-3395834 and plan number 002. The latest loaded filing year is 2023. The filing reports 353 participants and $44,879,810 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Avidia Bank
- EIN
- 04-3395834
- Plan number
- 002
- Plan type
- 2
- Location
- Hudson, MA
- Latest filing year
- 2023
- Participants
- 353
- End-of-year plan assets
- $44,879,810
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 353 | H | 20240730065628NAL0043067106001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $44,879,810
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,879,810
- Net assets (BOY)
- $39,244,283
Income & contributions
- Employer contributions
- $1,105,479
- Participant contributions
- $2,128,311
- Total contributions
- $3,627,676
- Total income / additions
- $10,276,940
Expenses & distributions
- Benefits paid
- $4,639,153
- Administrative expenses
- $2,260
- Total expenses
- $4,641,413
- Net increase / (decrease)
- $5,635,527
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.