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SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 401k Plan overview

Plan NameSBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK
Plan identification number 001

SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

ROCKLAND TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name:ROCKLAND TRUST COMPANY
Employer identification number (EIN):041466100
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-11-01
0012016-11-01THOMAS FORESE JR.
0012015-11-01THOMAS FORESE JR.
0012014-11-01THOMAS FORESE JR.
0012013-11-01THOMAS FORESE JR.
0012012-11-01THOMAS FORESE JR.
0012011-11-01THOMAS FORESE JR.
0012010-11-01THOMAS FORESE JR.
0012009-11-01THOMAS FORESE JR.
0012008-11-01

Plan Statistics for SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK

401k plan membership statisitcs for SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK

Measure Date Value
2018: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2018 401k membership
Market value of plan assets2018-10-3110,460,824
Acturial value of plan assets2018-10-3110,460,824
Funding target for retired participants and beneficiaries receiving payment2018-10-311,820,142
Number of terminated vested participants2018-10-3180
Fundng target for terminated vested participants2018-10-311,172,882
Active participant vested funding target2018-10-314,364,018
Number of active participants2018-10-3177
Total funding liabilities for active participants2018-10-314,411,968
Total participant count2018-10-31171
Total funding target for all participants2018-10-317,404,992
Balance at beginning of prior year after applicable adjustments2018-10-310
Prefunding balance at beginning of prior year after applicable adjustments2018-10-310
Amount remaining of carryover balance2018-10-310
Amount remaining of prefunding balance2018-10-310
Present value of excess contributions2018-10-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-10-310
Balance of carryovers at beginning of current year2018-10-310
Balance of prefunding at beginning of current year2018-10-310
Total employer contributions2018-10-31505,000
Total employee contributions2018-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-10-310
Contributions made to avoid restrictions adjusted to valuation date2018-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-10-31469,198
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-10-310
Remaining amount of unpaid minimum required contributions2018-10-310
Minimum required contributions for current year target normal cost2018-10-310
Total funding amount beforereflecting carryover/prefunding balances2018-10-310
Additional cash requirement2018-10-310
Contributions allocatedtoward minimum required contributions for current year2018-10-31469,198
Unpaid minimum required contributions for current year2018-10-310
Unpaid minimum required contributions for all years2018-10-310
2017: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2017 401k membership
Total participants, beginning-of-year2017-11-01171
Total number of active participants reported on line 7a of the Form 55002017-11-0172
Number of retired or separated participants receiving benefits2017-11-0118
Number of other retired or separated participants entitled to future benefits2017-11-0178
Total of all active and inactive participants2017-11-01168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-11-010
Total participants2017-11-01168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-11-0112
Market value of plan assets2017-10-3110,643,877
Acturial value of plan assets2017-10-3110,643,877
Funding target for retired participants and beneficiaries receiving payment2017-10-311,668,525
Number of terminated vested participants2017-10-3184
Fundng target for terminated vested participants2017-10-312,552,831
Active participant vested funding target2017-10-314,511,100
Number of active participants2017-10-3186
Total funding liabilities for active participants2017-10-314,566,242
Total participant count2017-10-31182
Total funding target for all participants2017-10-318,787,598
Balance at beginning of prior year after applicable adjustments2017-10-310
Prefunding balance at beginning of prior year after applicable adjustments2017-10-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-10-310
Prefunding balanced used to offset prior years funding requirement2017-10-310
Amount remaining of carryover balance2017-10-310
Amount remaining of prefunding balance2017-10-310
Present value of excess contributions2017-10-311,029,923
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-10-311,094,293
Balance of carryovers at beginning of current year2017-10-310
Balance of prefunding at beginning of current year2017-10-310
Total employer contributions2017-10-310
Total employee contributions2017-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-10-310
Contributions made to avoid restrictions adjusted to valuation date2017-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-10-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-10-310
Remaining amount of unpaid minimum required contributions2017-10-310
Minimum required contributions for current year target normal cost2017-10-310
Total funding amount beforereflecting carryover/prefunding balances2017-10-310
Additional cash requirement2017-10-310
Contributions allocatedtoward minimum required contributions for current year2017-10-310
Unpaid minimum required contributions for current year2017-10-310
Unpaid minimum required contributions for all years2017-10-310
2016: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2016 401k membership
Total participants, beginning-of-year2016-11-01182
Total number of active participants reported on line 7a of the Form 55002016-11-0177
Number of retired or separated participants receiving benefits2016-11-0114
Number of other retired or separated participants entitled to future benefits2016-11-0180
Total of all active and inactive participants2016-11-01171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-11-010
Total participants2016-11-01171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-11-0110
2015: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2015 401k membership
Total participants, beginning-of-year2015-11-01193
Total number of active participants reported on line 7a of the Form 55002015-11-0186
Number of retired or separated participants receiving benefits2015-11-0112
Number of other retired or separated participants entitled to future benefits2015-11-0184
Total of all active and inactive participants2015-11-01182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-11-010
Total participants2015-11-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-11-019
2014: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2014 401k membership
Total participants, beginning-of-year2014-11-01181
Total number of active participants reported on line 7a of the Form 55002014-11-01100
Number of retired or separated participants receiving benefits2014-11-0110
Number of other retired or separated participants entitled to future benefits2014-11-0183
Total of all active and inactive participants2014-11-01193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-11-010
Total participants2014-11-01193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-11-014
2013: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2013 401k membership
Total participants, beginning-of-year2013-11-01182
Total number of active participants reported on line 7a of the Form 55002013-11-01100
Number of retired or separated participants receiving benefits2013-11-017
Number of other retired or separated participants entitled to future benefits2013-11-0174
Total of all active and inactive participants2013-11-01181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-11-010
Total participants2013-11-01181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-11-010
2012: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2012 401k membership
Total participants, beginning-of-year2012-11-01164
Total number of active participants reported on line 7a of the Form 55002012-11-01112
Number of retired or separated participants receiving benefits2012-11-016
Number of other retired or separated participants entitled to future benefits2012-11-0164
Total of all active and inactive participants2012-11-01182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-11-010
Total participants2012-11-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-11-014
2011: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2011 401k membership
Total participants, beginning-of-year2011-11-01141
Total number of active participants reported on line 7a of the Form 55002011-11-01107
Number of retired or separated participants receiving benefits2011-11-013
Number of other retired or separated participants entitled to future benefits2011-11-0154
Total of all active and inactive participants2011-11-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-11-010
Total participants2011-11-01164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-11-010
2010: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2010 401k membership
Total participants, beginning-of-year2010-11-01137
Total number of active participants reported on line 7a of the Form 55002010-11-0183
Number of retired or separated participants receiving benefits2010-11-013
Number of other retired or separated participants entitled to future benefits2010-11-0155
Total of all active and inactive participants2010-11-01141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-11-010
Total participants2010-11-01141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-11-010
2009: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2009 401k membership
Total participants, beginning-of-year2009-11-01136
Total number of active participants reported on line 7a of the Form 55002009-11-0181
Number of retired or separated participants receiving benefits2009-11-012
Number of other retired or separated participants entitled to future benefits2009-11-0154
Total of all active and inactive participants2009-11-01137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-11-010
Total participants2009-11-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-11-010

Financial Data on SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK

Measure Date Value
2018 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-10-31$0
Total income from all sources (including contributions)2018-10-31$504,874
Total loss/gain on sale of assets2018-10-31$0
Total of all expenses incurred2018-10-31$447,971
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-10-31$447,971
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-10-31$505,000
Value of total assets at end of year2018-10-31$10,636,957
Value of total assets at beginning of year2018-10-31$10,580,054
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-10-31$0
Total interest from all sources2018-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-10-31No
Was this plan covered by a fidelity bond2018-10-31Yes
Value of fidelity bond cover2018-10-31$500,000
If this is an individual account plan, was there a blackout period2018-10-31No
Were there any nonexempt tranactions with any party-in-interest2018-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-10-31No
Value of net income/loss2018-10-31$56,903
Value of net assets at end of year (total assets less liabilities)2018-10-31$10,636,957
Value of net assets at beginning of year (total assets less liabilities)2018-10-31$10,580,054
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-10-31No
Were any leases to which the plan was party in default or uncollectible2018-10-31No
Value of interest in common/collective trusts at end of year2018-10-31$10,131,957
Value of interest in common/collective trusts at beginning of year2018-10-31$10,580,054
Net investment gain or loss from common/collective trusts2018-10-31$-126
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-10-31No
Was there a failure to transmit to the plan any participant contributions2018-10-31No
Has the plan failed to provide any benefit when due under the plan2018-10-31No
Contributions received in cash from employer2018-10-31$505,000
Employer contributions (assets) at end of year2018-10-31$505,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-10-31$447,971
Did the plan have assets held for investment2018-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-10-31No
Opinion of an independent qualified public accountant for this plan2018-10-31Unqualified
Accountancy firm name2018-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2018-10-31203985546
2017 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-10-31$0
Total income from all sources (including contributions)2017-10-31$1,467,145
Total loss/gain on sale of assets2017-10-31$0
Total of all expenses incurred2017-10-31$1,563,066
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-10-31$1,563,066
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-10-31$0
Value of total assets at end of year2017-10-31$10,580,054
Value of total assets at beginning of year2017-10-31$10,675,975
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-10-31$0
Total interest from all sources2017-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-10-31No
Was this plan covered by a fidelity bond2017-10-31Yes
Value of fidelity bond cover2017-10-31$500,000
If this is an individual account plan, was there a blackout period2017-10-31No
Were there any nonexempt tranactions with any party-in-interest2017-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-10-31No
Value of net income/loss2017-10-31$-95,921
Value of net assets at end of year (total assets less liabilities)2017-10-31$10,580,054
Value of net assets at beginning of year (total assets less liabilities)2017-10-31$10,675,975
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-10-31No
Were any leases to which the plan was party in default or uncollectible2017-10-31No
Value of interest in common/collective trusts at end of year2017-10-31$10,580,054
Value of interest in common/collective trusts at beginning of year2017-10-31$9,565,975
Net investment gain or loss from common/collective trusts2017-10-31$1,467,145
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-10-31No
Was there a failure to transmit to the plan any participant contributions2017-10-31No
Has the plan failed to provide any benefit when due under the plan2017-10-31No
Employer contributions (assets) at beginning of year2017-10-31$1,110,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-10-31$1,563,066
Did the plan have assets held for investment2017-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-10-31No
Opinion of an independent qualified public accountant for this plan2017-10-31Unqualified
Accountancy firm name2017-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2017-10-31203985546
2016 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-31$0
Total income from all sources (including contributions)2016-10-31$1,462,113
Total loss/gain on sale of assets2016-10-31$0
Total of all expenses incurred2016-10-31$348,724
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-10-31$348,724
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-10-31$1,110,000
Value of total assets at end of year2016-10-31$10,675,975
Value of total assets at beginning of year2016-10-31$9,562,586
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-10-31$0
Total interest from all sources2016-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-10-31No
Was this plan covered by a fidelity bond2016-10-31Yes
Value of fidelity bond cover2016-10-31$500,000
If this is an individual account plan, was there a blackout period2016-10-31No
Were there any nonexempt tranactions with any party-in-interest2016-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-31No
Value of net income/loss2016-10-31$1,113,389
Value of net assets at end of year (total assets less liabilities)2016-10-31$10,675,975
Value of net assets at beginning of year (total assets less liabilities)2016-10-31$9,562,586
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-10-31No
Were any leases to which the plan was party in default or uncollectible2016-10-31No
Value of interest in common/collective trusts at end of year2016-10-31$9,565,975
Value of interest in common/collective trusts at beginning of year2016-10-31$9,092,586
Net investment gain or loss from common/collective trusts2016-10-31$352,113
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-10-31No
Was there a failure to transmit to the plan any participant contributions2016-10-31No
Has the plan failed to provide any benefit when due under the plan2016-10-31No
Contributions received in cash from employer2016-10-31$1,110,000
Employer contributions (assets) at end of year2016-10-31$1,110,000
Employer contributions (assets) at beginning of year2016-10-31$470,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-10-31$348,724
Did the plan have assets held for investment2016-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-10-31No
Opinion of an independent qualified public accountant for this plan2016-10-31Unqualified
Accountancy firm name2016-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2016-10-31203985546
2015 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-10-31$0
Total income from all sources (including contributions)2015-10-31$405,383
Total loss/gain on sale of assets2015-10-31$0
Total of all expenses incurred2015-10-31$399,381
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-10-31$399,381
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-10-31$470,000
Value of total assets at end of year2015-10-31$9,562,586
Value of total assets at beginning of year2015-10-31$9,556,584
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-10-31$0
Total interest from all sources2015-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-10-31No
Was this plan covered by a fidelity bond2015-10-31Yes
Value of fidelity bond cover2015-10-31$500,000
If this is an individual account plan, was there a blackout period2015-10-31No
Were there any nonexempt tranactions with any party-in-interest2015-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-10-31No
Value of net income/loss2015-10-31$6,002
Value of net assets at end of year (total assets less liabilities)2015-10-31$9,562,586
Value of net assets at beginning of year (total assets less liabilities)2015-10-31$9,556,584
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-10-31No
Were any leases to which the plan was party in default or uncollectible2015-10-31No
Value of interest in common/collective trusts at end of year2015-10-31$9,092,586
Value of interest in common/collective trusts at beginning of year2015-10-31$9,556,584
Net investment gain or loss from common/collective trusts2015-10-31$-64,617
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-10-31No
Was there a failure to transmit to the plan any participant contributions2015-10-31No
Has the plan failed to provide any benefit when due under the plan2015-10-31No
Contributions received in cash from employer2015-10-31$470,000
Employer contributions (assets) at end of year2015-10-31$470,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-10-31$399,381
Did the plan have assets held for investment2015-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-10-31No
Opinion of an independent qualified public accountant for this plan2015-10-31Unqualified
Accountancy firm name2015-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2015-10-31203985546
2014 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-31$0
Total income from all sources (including contributions)2014-10-31$526,516
Total loss/gain on sale of assets2014-10-31$0
Total of all expenses incurred2014-10-31$391,911
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-10-31$391,911
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-10-31$0
Value of total assets at end of year2014-10-31$9,556,584
Value of total assets at beginning of year2014-10-31$9,421,979
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-10-31$0
Total interest from all sources2014-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-10-31No
Was this plan covered by a fidelity bond2014-10-31Yes
Value of fidelity bond cover2014-10-31$500,000
If this is an individual account plan, was there a blackout period2014-10-31No
Were there any nonexempt tranactions with any party-in-interest2014-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-31No
Value of net income/loss2014-10-31$134,605
Value of net assets at end of year (total assets less liabilities)2014-10-31$9,556,584
Value of net assets at beginning of year (total assets less liabilities)2014-10-31$9,421,979
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-10-31No
Were any leases to which the plan was party in default or uncollectible2014-10-31No
Value of interest in common/collective trusts at end of year2014-10-31$9,556,584
Value of interest in common/collective trusts at beginning of year2014-10-31$9,421,979
Net investment gain or loss from common/collective trusts2014-10-31$526,516
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-10-31No
Was there a failure to transmit to the plan any participant contributions2014-10-31No
Has the plan failed to provide any benefit when due under the plan2014-10-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-10-31$391,911
Did the plan have assets held for investment2014-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-10-31No
Opinion of an independent qualified public accountant for this plan2014-10-31Unqualified
Accountancy firm name2014-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2014-10-31203985546
2013 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-10-31$0
Total income from all sources (including contributions)2013-10-31$2,704,972
Total loss/gain on sale of assets2013-10-31$0
Total of all expenses incurred2013-10-31$1,347,897
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-10-31$1,347,897
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-10-31$1,200,000
Value of total assets at end of year2013-10-31$9,421,979
Value of total assets at beginning of year2013-10-31$8,064,904
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-10-31$0
Total interest from all sources2013-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-10-31No
Was this plan covered by a fidelity bond2013-10-31Yes
Value of fidelity bond cover2013-10-31$500,000
If this is an individual account plan, was there a blackout period2013-10-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-10-31$0
Were there any nonexempt tranactions with any party-in-interest2013-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-10-31No
Value of net income/loss2013-10-31$1,357,075
Value of net assets at end of year (total assets less liabilities)2013-10-31$9,421,979
Value of net assets at beginning of year (total assets less liabilities)2013-10-31$8,064,904
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-10-31No
Were any leases to which the plan was party in default or uncollectible2013-10-31No
Value of interest in common/collective trusts at end of year2013-10-31$9,421,979
Value of interest in common/collective trusts at beginning of year2013-10-31$8,064,904
Net investment gain or loss from common/collective trusts2013-10-31$1,504,972
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-10-31No
Was there a failure to transmit to the plan any participant contributions2013-10-31No
Has the plan failed to provide any benefit when due under the plan2013-10-31No
Contributions received in cash from employer2013-10-31$1,200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-10-31$1,347,897
Did the plan have assets held for investment2013-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-10-31No
Opinion of an independent qualified public accountant for this plan2013-10-31Unqualified
Accountancy firm name2013-10-31MARCUM LLP
Accountancy firm EIN2013-10-31111986323
2012 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-10-31$0
Total income from all sources (including contributions)2012-10-31$1,528,037
Total loss/gain on sale of assets2012-10-31$0
Total of all expenses incurred2012-10-31$67,335
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-10-31$67,335
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-10-31$827,938
Value of total assets at end of year2012-10-31$8,064,904
Value of total assets at beginning of year2012-10-31$6,604,202
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-10-31$0
Total interest from all sources2012-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-10-31No
Was this plan covered by a fidelity bond2012-10-31Yes
Value of fidelity bond cover2012-10-31$500,000
If this is an individual account plan, was there a blackout period2012-10-31No
Were there any nonexempt tranactions with any party-in-interest2012-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-10-31No
Value of net income/loss2012-10-31$1,460,702
Value of net assets at end of year (total assets less liabilities)2012-10-31$8,064,904
Value of net assets at beginning of year (total assets less liabilities)2012-10-31$6,604,202
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-10-31No
Were any leases to which the plan was party in default or uncollectible2012-10-31No
Value of interest in common/collective trusts at end of year2012-10-31$8,064,904
Value of interest in common/collective trusts at beginning of year2012-10-31$5,932,140
Net investment gain or loss from common/collective trusts2012-10-31$700,099
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-10-31No
Was there a failure to transmit to the plan any participant contributions2012-10-31No
Has the plan failed to provide any benefit when due under the plan2012-10-31No
Contributions received in cash from employer2012-10-31$827,938
Employer contributions (assets) at beginning of year2012-10-31$672,062
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-10-31$67,335
Did the plan have assets held for investment2012-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-10-31No
Opinion of an independent qualified public accountant for this plan2012-10-31Unqualified
Accountancy firm name2012-10-31MARCUM LLP
Accountancy firm EIN2012-10-31111986323
2011 : SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-10-31$0
Total income from all sources (including contributions)2011-10-31$896,262
Total loss/gain on sale of assets2011-10-31$0
Total of all expenses incurred2011-10-31$424,816
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-10-31$424,816
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-10-31$672,062
Value of total assets at end of year2011-10-31$6,604,202
Value of total assets at beginning of year2011-10-31$6,132,756
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-10-31$0
Total interest from all sources2011-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-10-31No
Was this plan covered by a fidelity bond2011-10-31Yes
Value of fidelity bond cover2011-10-31$500,000
If this is an individual account plan, was there a blackout period2011-10-31No
Were there any nonexempt tranactions with any party-in-interest2011-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-10-31No
Value of net income/loss2011-10-31$471,446
Value of net assets at end of year (total assets less liabilities)2011-10-31$6,604,202
Value of net assets at beginning of year (total assets less liabilities)2011-10-31$6,132,756
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-10-31No
Were any leases to which the plan was party in default or uncollectible2011-10-31No
Value of interest in common/collective trusts at end of year2011-10-31$5,932,140
Value of interest in common/collective trusts at beginning of year2011-10-31$5,546,079
Net investment gain or loss from common/collective trusts2011-10-31$224,200
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-10-31No
Was there a failure to transmit to the plan any participant contributions2011-10-31No
Has the plan failed to provide any benefit when due under the plan2011-10-31No
Contributions received in cash from employer2011-10-31$672,062
Employer contributions (assets) at end of year2011-10-31$672,062
Employer contributions (assets) at beginning of year2011-10-31$586,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-10-31$424,816
Did the plan have assets held for investment2011-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-10-31No
Opinion of an independent qualified public accountant for this plan2011-10-31Unqualified
Accountancy firm name2011-10-31PARENT, MCLAUGHLIN & NANGLE, INC.
Accountancy firm EIN2011-10-31042603383

Form 5500 Responses for SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK

2017: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2017 form 5500 responses
2017-11-01Type of plan entitySingle employer plan
2017-11-01Submission has been amendedNo
2017-11-01This submission is the final filingNo
2017-11-01This return/report is a short plan year return/report (less than 12 months)No
2017-11-01Plan is a collectively bargained planNo
2017-11-01Plan funding arrangement – TrustYes
2017-11-01Plan benefit arrangement - TrustYes
2016: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2016 form 5500 responses
2016-11-01Type of plan entitySingle employer plan
2016-11-01Submission has been amendedNo
2016-11-01This submission is the final filingNo
2016-11-01This return/report is a short plan year return/report (less than 12 months)No
2016-11-01Plan is a collectively bargained planNo
2016-11-01Plan funding arrangement – TrustYes
2016-11-01Plan benefit arrangement - TrustYes
2015: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2015 form 5500 responses
2015-11-01Type of plan entitySingle employer plan
2015-11-01Submission has been amendedNo
2015-11-01This submission is the final filingNo
2015-11-01This return/report is a short plan year return/report (less than 12 months)No
2015-11-01Plan is a collectively bargained planNo
2015-11-01Plan funding arrangement – TrustYes
2015-11-01Plan benefit arrangement - TrustYes
2014: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2014 form 5500 responses
2014-11-01Type of plan entitySingle employer plan
2014-11-01Submission has been amendedNo
2014-11-01This submission is the final filingNo
2014-11-01This return/report is a short plan year return/report (less than 12 months)No
2014-11-01Plan is a collectively bargained planNo
2014-11-01Plan funding arrangement – TrustYes
2014-11-01Plan benefit arrangement - TrustYes
2013: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2013 form 5500 responses
2013-11-01Type of plan entitySingle employer plan
2013-11-01Submission has been amendedYes
2013-11-01This submission is the final filingNo
2013-11-01This return/report is a short plan year return/report (less than 12 months)No
2013-11-01Plan is a collectively bargained planNo
2013-11-01Plan funding arrangement – TrustYes
2013-11-01Plan benefit arrangement - TrustYes
2012: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2012 form 5500 responses
2012-11-01Type of plan entitySingle employer plan
2012-11-01Submission has been amendedNo
2012-11-01This submission is the final filingNo
2012-11-01This return/report is a short plan year return/report (less than 12 months)No
2012-11-01Plan is a collectively bargained planNo
2012-11-01Plan funding arrangement – TrustYes
2012-11-01Plan benefit arrangement - TrustYes
2011: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2011 form 5500 responses
2011-11-01Type of plan entitySingle employer plan
2011-11-01Submission has been amendedNo
2011-11-01This submission is the final filingNo
2011-11-01This return/report is a short plan year return/report (less than 12 months)No
2011-11-01Plan is a collectively bargained planNo
2011-11-01Plan funding arrangement – TrustYes
2011-11-01Plan benefit arrangement - TrustYes
2010: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2010 form 5500 responses
2010-11-01Type of plan entitySingle employer plan
2010-11-01Submission has been amendedNo
2010-11-01This submission is the final filingNo
2010-11-01This return/report is a short plan year return/report (less than 12 months)No
2010-11-01Plan is a collectively bargained planNo
2010-11-01Plan funding arrangement – TrustYes
2010-11-01Plan benefit arrangement - TrustYes
2009: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2009 form 5500 responses
2009-11-01Type of plan entitySingle employer plan
2009-11-01Submission has been amendedNo
2009-11-01This submission is the final filingNo
2009-11-01This return/report is a short plan year return/report (less than 12 months)No
2009-11-01Plan is a collectively bargained planNo
2009-11-01Plan funding arrangement – TrustYes
2009-11-01Plan benefit arrangement - TrustYes
2008: SBERA PENSION PLAN AS ADOPTED BY BLUE HILLS BANK 2008 form 5500 responses
2008-11-01Type of plan entitySingle employer plan
2008-11-01Submission has been amendedNo
2008-11-01This submission is the final filingNo
2008-11-01This return/report is a short plan year return/report (less than 12 months)No
2008-11-01Plan is a collectively bargained planNo

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