401k Plan data: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK plan

SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 401k Plan overview

Plan Name	SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK
Plan identification number	001

SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related 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

NEWBURYPORT FIVE CENTS SAVINGS BANK has sponsored the creation of one or more 401k plans.

Company Name: NEWBURYPORT FIVE CENTS SAVINGS BANK

Employer identification number (EIN): 041669070

NAIC Classification: 522120
NAIC Description: Savings Institutions

Additional information about NEWBURYPORT FIVE CENTS SAVINGS BANK

Jurisdiction of Incorporation: Commonwealth of Massachusetts Corporations Division

Incorporation Date:

Company Identification Number: 001064077

More information about NEWBURYPORT FIVE CENTS SAVINGS BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-11-01
001 2016-11-01 THOMAS FORESE JR.
001 2015-11-01 THOMAS FORESE JR.
001 2015-11-01
001 2014-11-01 THOMAS FORESE JR.
001 2013-11-01 THOMAS FORESE JR.
001 2012-11-01 THOMAS FORESE JR.
001 2011-11-01 THOMAS FORESE JR.
001 2009-11-01 THOMAS FORESE JR.

Plan Statistics for SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

401k plan membership statisitcs for SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

Measure Date Value
2018: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2018 401k membership
Market value of plan assets 2018-10-01 11,038,923
Acturial value of plan assets 2018-10-01 11,038,923
Funding target for retired participants and beneficiaries receiving payment 2018-10-01 2,581,959
Number of terminated vested participants 2018-10-01 21
Fundng target for terminated vested participants 2018-10-01 578,514
Active participant vested funding target 2018-10-01 6,262,987
Number of active participants 2018-10-01 59
Total funding liabilities for active participants 2018-10-01 6,262,987
Total participant count 2018-10-01 94
Total funding target for all participants 2018-10-01 9,423,460
Balance at beginning of prior year after applicable adjustments 2018-10-01 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-10-01 0
Amount remaining of carryover balance 2018-10-01 0
Amount remaining of prefunding balance 2018-10-01 0
Present value of excess contributions 2018-10-01 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-10-01 0
Balance of carryovers at beginning of current year 2018-10-01 0
Balance of prefunding at beginning of current year 2018-10-01 0
Total employer contributions 2018-10-01 1,008,621
Total employee contributions 2018-10-01 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-10-01 959,417
Remaining amount of unpaid minimum required contributions 2018-10-01 0
Minimum required contributions for current year target normal cost 2018-10-01 0
Total funding amount beforereflecting carryover/prefunding balances 2018-10-01 0
Additional cash requirement 2018-10-01 0
Contributions allocatedtoward minimum required contributions for current year 2018-10-01 959,417
Unpaid minimum required contributions for current year 2018-10-01 0
Unpaid minimum required contributions for all years 2018-10-01 0
2017: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2017 401k membership
Total participants, beginning-of-year 2017-11-01 94
Total number of active participants reported on line 7a of the Form 5500 2017-11-01 0
Number of retired or separated participants receiving benefits 2017-11-01 0
Number of other retired or separated participants entitled to future benefits 2017-11-01 0
Total of all active and inactive participants 2017-11-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-11-01 0
Total participants 2017-11-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-11-01 0
Market value of plan assets 2017-10-31 10,763,072
Acturial value of plan assets 2017-10-31 10,763,072
Funding target for retired participants and beneficiaries receiving payment 2017-10-31 2,456,370
Number of terminated vested participants 2017-10-31 19
Fundng target for terminated vested participants 2017-10-31 456,299
Active participant vested funding target 2017-10-31 6,344,710
Number of active participants 2017-10-31 67
Total funding liabilities for active participants 2017-10-31 6,418,608
Total participant count 2017-10-31 99
Total funding target for all participants 2017-10-31 9,331,277
Balance at beginning of prior year after applicable adjustments 2017-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-10-31 0
Prefunding balanced used to offset prior years funding requirement 2017-10-31 0
Amount remaining of carryover balance 2017-10-31 0
Amount remaining of prefunding balance 2017-10-31 0
Present value of excess contributions 2017-10-31 372,703
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-10-31 395,326
Balance of carryovers at beginning of current year 2017-10-31 0
Balance of prefunding at beginning of current year 2017-10-31 0
Total employer contributions 2017-10-31 0
Total employee contributions 2017-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-10-31 0
Remaining amount of unpaid minimum required contributions 2017-10-31 0
Minimum required contributions for current year target normal cost 2017-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-10-31 0
Additional cash requirement 2017-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for all years 2017-10-31 0
2016: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2016 401k membership
Total participants, beginning-of-year 2016-11-01 99
Total number of active participants reported on line 7a of the Form 5500 2016-11-01 59
Number of retired or separated participants receiving benefits 2016-11-01 14
Number of other retired or separated participants entitled to future benefits 2016-11-01 21
Total of all active and inactive participants 2016-11-01 94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-11-01 0
Total participants 2016-11-01 94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-11-01 3
2015: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2015 401k membership
Total participants, beginning-of-year 2015-11-01 102
Total number of active participants reported on line 7a of the Form 5500 2015-11-01 67
Number of retired or separated participants receiving benefits 2015-11-01 13
Number of other retired or separated participants entitled to future benefits 2015-11-01 19
Total of all active and inactive participants 2015-11-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-11-01 0
Total participants 2015-11-01 99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-11-01 0
2014: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2014 401k membership
Total participants, beginning-of-year 2014-11-01 107
Total number of active participants reported on line 7a of the Form 5500 2014-11-01 72
Number of retired or separated participants receiving benefits 2014-11-01 13
Number of other retired or separated participants entitled to future benefits 2014-11-01 17
Total of all active and inactive participants 2014-11-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-11-01 0
Total participants 2014-11-01 102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-11-01 0
2013: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2013 401k membership
Total participants, beginning-of-year 2013-11-01 110
Total number of active participants reported on line 7a of the Form 5500 2013-11-01 76
Number of retired or separated participants receiving benefits 2013-11-01 13
Number of other retired or separated participants entitled to future benefits 2013-11-01 18
Total of all active and inactive participants 2013-11-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-11-01 0
Total participants 2013-11-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-11-01 1
2012: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2012 401k membership
Total participants, beginning-of-year 2012-11-01 111
Total number of active participants reported on line 7a of the Form 5500 2012-11-01 84
Number of retired or separated participants receiving benefits 2012-11-01 9
Number of other retired or separated participants entitled to future benefits 2012-11-01 17
Total of all active and inactive participants 2012-11-01 110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-11-01 0
Total participants 2012-11-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-11-01 1
2011: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2011 401k membership
Total participants, beginning-of-year 2011-11-01 109
Total number of active participants reported on line 7a of the Form 5500 2011-11-01 88
Number of retired or separated participants receiving benefits 2011-11-01 9
Number of other retired or separated participants entitled to future benefits 2011-11-01 14
Total of all active and inactive participants 2011-11-01 111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-11-01 0
Total participants 2011-11-01 111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-11-01 0
2009: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2009 401k membership
Total participants, beginning-of-year 2009-11-01 108
Total number of active participants reported on line 7a of the Form 5500 2009-11-01 86
Number of retired or separated participants receiving benefits 2009-11-01 8
Number of other retired or separated participants entitled to future benefits 2009-11-01 13
Total of all active and inactive participants 2009-11-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-11-01 0
Total participants 2009-11-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-11-01 0

Measure	Date	Value
2018: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2018 401k membership
Market value of plan assets	2018-10-01	11,038,923
Acturial value of plan assets	2018-10-01	11,038,923
Funding target for retired participants and beneficiaries receiving payment	2018-10-01	2,581,959
Number of terminated vested participants	2018-10-01	21
Fundng target for terminated vested participants	2018-10-01	578,514
Active participant vested funding target	2018-10-01	6,262,987
Number of active participants	2018-10-01	59
Total funding liabilities for active participants	2018-10-01	6,262,987
Total participant count	2018-10-01	94
Total funding target for all participants	2018-10-01	9,423,460
Balance at beginning of prior year after applicable adjustments	2018-10-01	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-10-01	0
Amount remaining of carryover balance	2018-10-01	0
Amount remaining of prefunding balance	2018-10-01	0
Present value of excess contributions	2018-10-01	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-10-01	0
Balance of carryovers at beginning of current year	2018-10-01	0
Balance of prefunding at beginning of current year	2018-10-01	0
Total employer contributions	2018-10-01	1,008,621
Total employee contributions	2018-10-01	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-10-01	959,417
Remaining amount of unpaid minimum required contributions	2018-10-01	0
Minimum required contributions for current year target normal cost	2018-10-01	0
Total funding amount beforereflecting carryover/prefunding balances	2018-10-01	0
Additional cash requirement	2018-10-01	0
Contributions allocatedtoward minimum required contributions for current year	2018-10-01	959,417
Unpaid minimum required contributions for current year	2018-10-01	0
Unpaid minimum required contributions for all years	2018-10-01	0
2017: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2017 401k membership
Total participants, beginning-of-year	2017-11-01	94
Total number of active participants reported on line 7a of the Form 5500	2017-11-01	0
Number of retired or separated participants receiving benefits	2017-11-01	0
Number of other retired or separated participants entitled to future benefits	2017-11-01	0
Total of all active and inactive participants	2017-11-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-11-01	0
Total participants	2017-11-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-11-01	0
Market value of plan assets	2017-10-31	10,763,072
Acturial value of plan assets	2017-10-31	10,763,072
Funding target for retired participants and beneficiaries receiving payment	2017-10-31	2,456,370
Number of terminated vested participants	2017-10-31	19
Fundng target for terminated vested participants	2017-10-31	456,299
Active participant vested funding target	2017-10-31	6,344,710
Number of active participants	2017-10-31	67
Total funding liabilities for active participants	2017-10-31	6,418,608
Total participant count	2017-10-31	99
Total funding target for all participants	2017-10-31	9,331,277
Balance at beginning of prior year after applicable adjustments	2017-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-10-31	0
Prefunding balanced used to offset prior years funding requirement	2017-10-31	0
Amount remaining of carryover balance	2017-10-31	0
Amount remaining of prefunding balance	2017-10-31	0
Present value of excess contributions	2017-10-31	372,703
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-10-31	395,326
Balance of carryovers at beginning of current year	2017-10-31	0
Balance of prefunding at beginning of current year	2017-10-31	0
Total employer contributions	2017-10-31	0
Total employee contributions	2017-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-10-31	0
Remaining amount of unpaid minimum required contributions	2017-10-31	0
Minimum required contributions for current year target normal cost	2017-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-10-31	0
Additional cash requirement	2017-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for all years	2017-10-31	0
2016: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2016 401k membership
Total participants, beginning-of-year	2016-11-01	99
Total number of active participants reported on line 7a of the Form 5500	2016-11-01	59
Number of retired or separated participants receiving benefits	2016-11-01	14
Number of other retired or separated participants entitled to future benefits	2016-11-01	21
Total of all active and inactive participants	2016-11-01	94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-11-01	0
Total participants	2016-11-01	94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-11-01	3
2015: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2015 401k membership
Total participants, beginning-of-year	2015-11-01	102
Total number of active participants reported on line 7a of the Form 5500	2015-11-01	67
Number of retired or separated participants receiving benefits	2015-11-01	13
Number of other retired or separated participants entitled to future benefits	2015-11-01	19
Total of all active and inactive participants	2015-11-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-11-01	0
Total participants	2015-11-01	99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-11-01	0
2014: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2014 401k membership
Total participants, beginning-of-year	2014-11-01	107
Total number of active participants reported on line 7a of the Form 5500	2014-11-01	72
Number of retired or separated participants receiving benefits	2014-11-01	13
Number of other retired or separated participants entitled to future benefits	2014-11-01	17
Total of all active and inactive participants	2014-11-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-11-01	0
Total participants	2014-11-01	102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-11-01	0
2013: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2013 401k membership
Total participants, beginning-of-year	2013-11-01	110
Total number of active participants reported on line 7a of the Form 5500	2013-11-01	76
Number of retired or separated participants receiving benefits	2013-11-01	13
Number of other retired or separated participants entitled to future benefits	2013-11-01	18
Total of all active and inactive participants	2013-11-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-11-01	0
Total participants	2013-11-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-11-01	1
2012: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2012 401k membership
Total participants, beginning-of-year	2012-11-01	111
Total number of active participants reported on line 7a of the Form 5500	2012-11-01	84
Number of retired or separated participants receiving benefits	2012-11-01	9
Number of other retired or separated participants entitled to future benefits	2012-11-01	17
Total of all active and inactive participants	2012-11-01	110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-11-01	0
Total participants	2012-11-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-11-01	1
2011: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2011 401k membership
Total participants, beginning-of-year	2011-11-01	109
Total number of active participants reported on line 7a of the Form 5500	2011-11-01	88
Number of retired or separated participants receiving benefits	2011-11-01	9
Number of other retired or separated participants entitled to future benefits	2011-11-01	14
Total of all active and inactive participants	2011-11-01	111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-11-01	0
Total participants	2011-11-01	111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-11-01	0
2009: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2009 401k membership
Total participants, beginning-of-year	2009-11-01	108
Total number of active participants reported on line 7a of the Form 5500	2009-11-01	86
Number of retired or separated participants receiving benefits	2009-11-01	8
Number of other retired or separated participants entitled to future benefits	2009-11-01	13
Total of all active and inactive participants	2009-11-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-11-01	0
Total participants	2009-11-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-11-01	0

Financial Data on SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

Measure	Date	Value
2017 : SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2017 401k financial data
Total income from all sources	2017-10-31	$933,648
Expenses. Total of all expenses incurred	2017-10-31	$684,789
Benefits paid (including direct rollovers)	2017-10-31	$684,789
Total plan assets at end of year	2017-10-31	$11,038,923
Total plan assets at beginning of year	2017-10-31	$10,790,064
Value of fidelity bond covering the plan	2017-10-31	$500,000
Other income received	2017-10-31	$933,648
Net income (gross income less expenses)	2017-10-31	$248,859
Net plan assets at end of year (total assets less liabilities)	2017-10-31	$11,038,923
Net plan assets at beginning of year (total assets less liabilities)	2017-10-31	$10,790,064
2016 : SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2016 401k financial data
Total income from all sources	2016-10-31	$879,437
Expenses. Total of all expenses incurred	2016-10-31	$386,003
Benefits paid (including direct rollovers)	2016-10-31	$386,003
Total plan assets at end of year	2016-10-31	$10,790,064
Total plan assets at beginning of year	2016-10-31	$10,296,630
Value of fidelity bond covering the plan	2016-10-31	$500,000
Other income received	2016-10-31	$479,437
Net income (gross income less expenses)	2016-10-31	$493,434
Net plan assets at end of year (total assets less liabilities)	2016-10-31	$10,790,064
Net plan assets at beginning of year (total assets less liabilities)	2016-10-31	$10,296,630
Total contributions received or receivable from employer(s)	2016-10-31	$400,000
2015 : SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2015 401k financial data
Total income from all sources	2015-10-31	$1,862,782
Expenses. Total of all expenses incurred	2015-10-31	$420,501
Benefits paid (including direct rollovers)	2015-10-31	$420,501
Total plan assets at end of year	2015-10-31	$10,296,630
Total plan assets at beginning of year	2015-10-31	$8,854,349
Value of fidelity bond covering the plan	2015-10-31	$500,000
Other income received	2015-10-31	$-62,218
Net income (gross income less expenses)	2015-10-31	$1,442,281
Net plan assets at end of year (total assets less liabilities)	2015-10-31	$10,296,630
Net plan assets at beginning of year (total assets less liabilities)	2015-10-31	$8,854,349
Total contributions received or receivable from employer(s)	2015-10-31	$1,925,000
2014 : SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2014 401k financial data
Total income from all sources	2014-10-31	$974,051
Expenses. Total of all expenses incurred	2014-10-31	$693,090
Benefits paid (including direct rollovers)	2014-10-31	$693,090
Total plan assets at end of year	2014-10-31	$8,854,349
Total plan assets at beginning of year	2014-10-31	$8,573,388
Value of fidelity bond covering the plan	2014-10-31	$500,000
Other income received	2014-10-31	$457,839
Net income (gross income less expenses)	2014-10-31	$280,961
Net plan assets at end of year (total assets less liabilities)	2014-10-31	$8,854,349
Net plan assets at beginning of year (total assets less liabilities)	2014-10-31	$8,573,388
Total contributions received or receivable from employer(s)	2014-10-31	$516,212
2013 : SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2013 401k financial data
Total income from all sources	2013-10-31	$1,284,867
Expenses. Total of all expenses incurred	2013-10-31	$708,305
Benefits paid (including direct rollovers)	2013-10-31	$708,305
Total plan assets at end of year	2013-10-31	$8,573,388
Total plan assets at beginning of year	2013-10-31	$7,996,826
Value of fidelity bond covering the plan	2013-10-31	$500,000
Other income received	2013-10-31	$1,284,867
Net income (gross income less expenses)	2013-10-31	$576,562
Net plan assets at end of year (total assets less liabilities)	2013-10-31	$8,573,388
Net plan assets at beginning of year (total assets less liabilities)	2013-10-31	$7,996,826
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-10-31	$0
2012 : SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2012 401k financial data
Total income from all sources	2012-10-31	$704,655
Expenses. Total of all expenses incurred	2012-10-31	$500,974
Benefits paid (including direct rollovers)	2012-10-31	$500,974
Total plan assets at end of year	2012-10-31	$7,996,826
Total plan assets at beginning of year	2012-10-31	$7,793,145
Value of fidelity bond covering the plan	2012-10-31	$500,000
Other income received	2012-10-31	$704,655
Net income (gross income less expenses)	2012-10-31	$203,681
Net plan assets at end of year (total assets less liabilities)	2012-10-31	$7,996,826
Net plan assets at beginning of year (total assets less liabilities)	2012-10-31	$7,793,145
2011 : SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2011 401k financial data
Total income from all sources	2011-10-31	$714,249
Expenses. Total of all expenses incurred	2011-10-31	$525,111
Benefits paid (including direct rollovers)	2011-10-31	$525,111
Total plan assets at end of year	2011-10-31	$7,793,145
Total plan assets at beginning of year	2011-10-31	$7,604,007
Value of fidelity bond covering the plan	2011-10-31	$500,000
Other income received	2011-10-31	$247,513
Net income (gross income less expenses)	2011-10-31	$189,138
Net plan assets at end of year (total assets less liabilities)	2011-10-31	$7,793,145
Net plan assets at beginning of year (total assets less liabilities)	2011-10-31	$7,604,007
Total contributions received or receivable from employer(s)	2011-10-31	$466,736

Form 5500 Responses for SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

2017: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2017 form 5500 responses
2017-11-01	Type of plan entity	Single employer plan
2017-11-01	Submission has been amended	No
2017-11-01	This submission is the final filing	Yes
2017-11-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2017-11-01	Plan is a collectively bargained plan	No
2017-11-01	Plan funding arrangement – Trust	Yes
2017-11-01	Plan benefit arrangement - Trust	Yes
2016: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2016 form 5500 responses
2016-11-01	Type of plan entity	Single employer plan
2016-11-01	Submission has been amended	No
2016-11-01	This submission is the final filing	No
2016-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-11-01	Plan is a collectively bargained plan	No
2016-11-01	Plan funding arrangement – Trust	Yes
2016-11-01	Plan benefit arrangement - Trust	Yes
2015: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2015 form 5500 responses
2015-11-01	Type of plan entity	Single employer plan
2015-11-01	Submission has been amended	Yes
2015-11-01	This submission is the final filing	No
2015-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-11-01	Plan is a collectively bargained plan	No
2015-11-01	Plan funding arrangement – Trust	Yes
2015-11-01	Plan benefit arrangement - Trust	Yes
2014: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2014 form 5500 responses
2014-11-01	Type of plan entity	Single employer plan
2014-11-01	Submission has been amended	No
2014-11-01	This submission is the final filing	No
2014-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-11-01	Plan is a collectively bargained plan	No
2014-11-01	Plan funding arrangement – Trust	Yes
2014-11-01	Plan benefit arrangement - Trust	Yes
2013: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2013 form 5500 responses
2013-11-01	Type of plan entity	Single employer plan
2013-11-01	Submission has been amended	No
2013-11-01	This submission is the final filing	No
2013-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-11-01	Plan is a collectively bargained plan	No
2013-11-01	Plan funding arrangement – Trust	Yes
2013-11-01	Plan benefit arrangement - Trust	Yes
2012: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2012 form 5500 responses
2012-11-01	Type of plan entity	Single employer plan
2012-11-01	Submission has been amended	No
2012-11-01	This submission is the final filing	No
2012-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-11-01	Plan is a collectively bargained plan	No
2012-11-01	Plan funding arrangement – Trust	Yes
2012-11-01	Plan benefit arrangement - Trust	Yes
2011: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2011 form 5500 responses
2011-11-01	Type of plan entity	Single employer plan
2011-11-01	Submission has been amended	No
2011-11-01	This submission is the final filing	No
2011-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-11-01	Plan is a collectively bargained plan	No
2011-11-01	Plan funding arrangement – Trust	Yes
2011-11-01	Plan benefit arrangement - Trust	Yes
2009: SBERA PENSION PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2009 form 5500 responses
2009-11-01	Type of plan entity	Single employer plan
2009-11-01	Submission has been amended	No
2009-11-01	This submission is the final filing	No
2009-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-11-01	Plan is a collectively bargained plan	No
2009-11-01	Plan funding arrangement – Trust	Yes
2009-11-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NEWBURYPORT FIVE CENTS SAVINGS BANK
Employer identification number (EIN):	041669070
NAIC Classification:	522120
NAIC Description:	Savings Institutions

Jurisdiction of Incorporation:	Commonwealth of Massachusetts Corporations Division
Incorporation Date:
Company Identification Number:	001064077

Plan id#	Filing Submission Date	Name of Administrator
001	2017-11-01
001	2016-11-01	THOMAS FORESE JR.
001	2015-11-01	THOMAS FORESE JR.
001	2015-11-01
001	2014-11-01	THOMAS FORESE JR.
001	2013-11-01	THOMAS FORESE JR.
001	2012-11-01	THOMAS FORESE JR.
001	2011-11-01	THOMAS FORESE JR.
001	2009-11-01	THOMAS FORESE JR.