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SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 401k Plan overview

Plan NameSBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK
Plan identification number 002

SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

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 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01THOMAS FORESE, JR.
0022016-01-01THOMAS FORESE, JR.
0022015-01-01THOMAS FORESE, JR.
0022014-01-01THOMAS FORESE, JR.
0022013-01-01THOMAS FORESE JR
0022012-01-01THOMAS FORESE JR.
0022011-01-01THOMAS FORESE JR.
0022010-01-01THOMAS FORESE JR.
0022009-01-01THOMAS FORESE JR

Plan Statistics for SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

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

Measure Date Value
2022: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2022 401k membership
Total participants, beginning-of-year2022-01-01258
Total number of active participants reported on line 7a of the Form 55002022-01-01179
Number of retired or separated participants receiving benefits2022-01-013
Number of other retired or separated participants entitled to future benefits2022-01-0188
Total of all active and inactive participants2022-01-01270
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01270
Number of participants with account balances2022-01-01270
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0112
2021: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2021 401k membership
Total participants, beginning-of-year2021-01-01226
Total number of active participants reported on line 7a of the Form 55002021-01-01178
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0179
Total of all active and inactive participants2021-01-01258
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01258
Number of participants with account balances2021-01-01256
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0111
2020: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2020 401k membership
Total participants, beginning-of-year2020-01-01206
Total number of active participants reported on line 7a of the Form 55002020-01-01164
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-0161
Total of all active and inactive participants2020-01-01226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01226
Number of participants with account balances2020-01-01226
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-017
2019: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2019 401k membership
Total participants, beginning-of-year2019-01-01170
Total number of active participants reported on line 7a of the Form 55002019-01-01156
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-0149
Total of all active and inactive participants2019-01-01206
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01206
Number of participants with account balances2019-01-01203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0110
2018: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2018 401k membership
Total participants, beginning-of-year2018-01-01146
Total number of active participants reported on line 7a of the Form 55002018-01-01136
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0133
Total of all active and inactive participants2018-01-01169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01169
Number of participants with account balances2018-01-01161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2017 401k membership
Total participants, beginning-of-year2017-01-01141
Total number of active participants reported on line 7a of the Form 55002017-01-01109
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0137
Total of all active and inactive participants2017-01-01146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01146
Number of participants with account balances2017-01-01146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-016
2016: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2016 401k membership
Total participants, beginning-of-year2016-01-01141
Total number of active participants reported on line 7a of the Form 55002016-01-01108
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0133
Total of all active and inactive participants2016-01-01141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01141
Number of participants with account balances2016-01-01141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-016
2015: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2015 401k membership
Total participants, beginning-of-year2015-01-01133
Total number of active participants reported on line 7a of the Form 55002015-01-01116
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0125
Total of all active and inactive participants2015-01-01141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01141
Number of participants with account balances2015-01-01141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2014 401k membership
Total participants, beginning-of-year2014-01-01122
Total number of active participants reported on line 7a of the Form 55002014-01-01107
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0126
Total of all active and inactive participants2014-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01133
Number of participants with account balances2014-01-01133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-015
2013: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2013 401k membership
Total participants, beginning-of-year2013-01-01102
Total number of active participants reported on line 7a of the Form 55002013-01-0199
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0123
Total of all active and inactive participants2013-01-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01122
Number of participants with account balances2013-01-01122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2012 401k membership
Total participants, beginning-of-year2012-01-01103
Total number of active participants reported on line 7a of the Form 55002012-01-0189
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0113
Total of all active and inactive participants2012-01-01102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01102
Number of participants with account balances2012-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2011 401k membership
Total participants, beginning-of-year2011-01-01109
Total number of active participants reported on line 7a of the Form 55002011-01-0190
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0113
Total of all active and inactive participants2011-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01103
Number of participants with account balances2011-01-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2010 401k membership
Total participants, beginning-of-year2010-01-01103
Total number of active participants reported on line 7a of the Form 55002010-01-0196
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0113
Total of all active and inactive participants2010-01-01109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01109
Number of participants with account balances2010-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2009 401k membership
Total participants, beginning-of-year2009-01-0198
Total number of active participants reported on line 7a of the Form 55002009-01-0189
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0114
Total of all active and inactive participants2009-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01103
Number of participants with account balances2009-01-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

Measure Date Value
2022 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-1,477,901
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,386,515
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,385,835
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,747,378
Value of total assets at end of year2022-12-31$19,646,255
Value of total assets at beginning of year2022-12-31$22,510,671
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$680
Total interest from all sources2022-12-31$15,304
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,257,006
Participant contributions at end of year2022-12-31$316,190
Participant contributions at beginning of year2022-12-31$285,021
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$166,014
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,864,416
Value of net assets at end of year (total assets less liabilities)2022-12-31$19,646,255
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$22,510,671
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Interest on participant loans2022-12-31$15,304
Value of interest in common/collective trusts at end of year2022-12-31$19,330,065
Value of interest in common/collective trusts at beginning of year2022-12-31$22,225,650
Net investment gain or loss from common/collective trusts2022-12-31$-4,240,583
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,324,358
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,385,835
Contract administrator fees2022-12-31$680
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2022-12-31203985546
2021 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$5,674,147
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$2,661,707
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,660,936
Value of total corrective distributions2021-12-31$41
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,694,891
Value of total assets at end of year2021-12-31$22,510,671
Value of total assets at beginning of year2021-12-31$19,498,231
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$730
Total interest from all sources2021-12-31$15,082
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,149,620
Participant contributions at end of year2021-12-31$285,021
Participant contributions at beginning of year2021-12-31$321,494
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$256,586
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,012,440
Value of net assets at end of year (total assets less liabilities)2021-12-31$22,510,671
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$19,498,231
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Interest on participant loans2021-12-31$15,082
Value of interest in common/collective trusts at end of year2021-12-31$22,225,650
Value of interest in common/collective trusts at beginning of year2021-12-31$19,176,737
Net investment gain or loss from common/collective trusts2021-12-31$2,964,174
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$1,288,685
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,660,936
Contract administrator fees2021-12-31$730
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2021-12-31203985546
2020 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$4,282,838
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$515,577
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$515,277
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,862,688
Value of total assets at end of year2020-12-31$19,498,231
Value of total assets at beginning of year2020-12-31$15,730,970
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$300
Total interest from all sources2020-12-31$23,131
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$971,884
Participant contributions at end of year2020-12-31$321,494
Participant contributions at beginning of year2020-12-31$461,028
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$14,487
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,767,261
Value of net assets at end of year (total assets less liabilities)2020-12-31$19,498,231
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$15,730,970
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Interest on participant loans2020-12-31$23,131
Value of interest in common/collective trusts at end of year2020-12-31$19,176,737
Value of interest in common/collective trusts at beginning of year2020-12-31$15,269,942
Net investment gain or loss from common/collective trusts2020-12-31$2,397,019
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$876,317
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$515,277
Contract administrator fees2020-12-31$300
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2020-12-31203985546
2019 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$4,813,838
Total income from all sources (including contributions)2019-12-31$4,813,838
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,031,257
Total of all expenses incurred2019-12-31$1,031,257
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,030,507
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,030,507
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,989,201
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,989,201
Value of total assets at end of year2019-12-31$15,730,970
Value of total assets at end of year2019-12-31$15,730,970
Value of total assets at beginning of year2019-12-31$11,948,389
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$750
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$750
Total interest from all sources2019-12-31$24,104
Total interest from all sources2019-12-31$24,104
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$842,461
Contributions received from participants2019-12-31$842,461
Participant contributions at end of year2019-12-31$461,028
Participant contributions at beginning of year2019-12-31$405,649
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$240,632
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$240,632
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,782,581
Value of net income/loss2019-12-31$3,782,581
Value of net assets at end of year (total assets less liabilities)2019-12-31$15,730,970
Value of net assets at end of year (total assets less liabilities)2019-12-31$15,730,970
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$11,948,389
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$11,948,389
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Interest on participant loans2019-12-31$24,104
Interest on participant loans2019-12-31$24,104
Value of interest in common/collective trusts at end of year2019-12-31$15,269,942
Value of interest in common/collective trusts at beginning of year2019-12-31$11,542,740
Net investment gain or loss from common/collective trusts2019-12-31$2,800,533
Net investment gain or loss from common/collective trusts2019-12-31$2,800,533
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$906,108
Contributions received in cash from employer2019-12-31$906,108
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,030,507
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,030,507
Contract administrator fees2019-12-31$750
Contract administrator fees2019-12-31$750
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm name2019-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2019-12-31203985546
Accountancy firm EIN2019-12-31203985546
2018 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$3,319,915
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$2,294,625
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,276,040
Expenses. Certain deemed distributions of participant loans2018-12-31$8,857
Value of total corrective distributions2018-12-31$9,678
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$4,065,354
Value of total assets at end of year2018-12-31$11,948,389
Value of total assets at beginning of year2018-12-31$10,923,099
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$50
Total interest from all sources2018-12-31$18,147
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$668,694
Participant contributions at end of year2018-12-31$405,649
Participant contributions at beginning of year2018-12-31$354,215
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$2,662,335
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$1,025,290
Value of net assets at end of year (total assets less liabilities)2018-12-31$11,948,389
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$10,923,099
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Interest on participant loans2018-12-31$18,147
Value of interest in common/collective trusts at end of year2018-12-31$11,542,740
Value of interest in common/collective trusts at beginning of year2018-12-31$10,568,884
Net investment gain or loss from common/collective trusts2018-12-31$-763,586
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$734,325
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,276,040
Contract administrator fees2018-12-31$50
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2018-12-31203985546
2017 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,990,548
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$2,213,225
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,211,912
Value of total corrective distributions2017-12-31$1,313
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,326,623
Value of total assets at end of year2017-12-31$10,923,099
Value of total assets at beginning of year2017-12-31$10,145,776
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$0
Total interest from all sources2017-12-31$15,794
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$558,424
Participant contributions at end of year2017-12-31$354,215
Participant contributions at beginning of year2017-12-31$295,768
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$115,557
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$777,323
Value of net assets at end of year (total assets less liabilities)2017-12-31$10,923,099
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$10,145,776
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Interest on participant loans2017-12-31$15,794
Value of interest in common/collective trusts at end of year2017-12-31$10,568,884
Value of interest in common/collective trusts at beginning of year2017-12-31$9,850,008
Net investment gain or loss from common/collective trusts2017-12-31$1,648,131
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$652,642
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,211,912
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2017-12-31203985546
2016 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,882,565
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$376,247
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$375,424
Expenses. Certain deemed distributions of participant loans2016-12-31$823
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,091,474
Value of total assets at end of year2016-12-31$10,145,776
Value of total assets at beginning of year2016-12-31$8,639,458
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$0
Total interest from all sources2016-12-31$13,074
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$503,453
Participant contributions at end of year2016-12-31$295,768
Participant contributions at beginning of year2016-12-31$244,977
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$35,494
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,506,318
Value of net assets at end of year (total assets less liabilities)2016-12-31$10,145,776
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$8,639,458
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Interest on participant loans2016-12-31$13,074
Value of interest in common/collective trusts at end of year2016-12-31$9,850,008
Value of interest in common/collective trusts at beginning of year2016-12-31$8,394,481
Net investment gain or loss from common/collective trusts2016-12-31$778,017
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$552,527
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$375,424
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2016-12-31203985546
2015 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$939,643
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$476,027
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$467,912
Expenses. Certain deemed distributions of participant loans2015-12-31$8,115
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,019,781
Value of total assets at end of year2015-12-31$8,639,458
Value of total assets at beginning of year2015-12-31$8,175,842
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$0
Total interest from all sources2015-12-31$9,010
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$479,415
Participant contributions at end of year2015-12-31$244,977
Participant contributions at beginning of year2015-12-31$220,392
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$22,120
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$463,616
Value of net assets at end of year (total assets less liabilities)2015-12-31$8,639,458
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$8,175,842
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Interest on participant loans2015-12-31$9,010
Value of interest in common/collective trusts at end of year2015-12-31$8,394,481
Value of interest in common/collective trusts at beginning of year2015-12-31$7,955,450
Net investment gain or loss from common/collective trusts2015-12-31$-89,148
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$518,246
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$467,912
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2015-12-31203985546
2014 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,393,079
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$729,176
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$711,627
Expenses. Certain deemed distributions of participant loans2014-12-31$17,549
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,019,239
Value of total assets at end of year2014-12-31$8,175,842
Value of total assets at beginning of year2014-12-31$7,511,939
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$0
Total interest from all sources2014-12-31$8,329
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$439,988
Participant contributions at end of year2014-12-31$220,392
Participant contributions at beginning of year2014-12-31$219,300
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$171,681
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$663,903
Value of net assets at end of year (total assets less liabilities)2014-12-31$8,175,842
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$7,511,939
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Interest on participant loans2014-12-31$8,329
Value of interest in common/collective trusts at end of year2014-12-31$7,955,450
Value of interest in common/collective trusts at beginning of year2014-12-31$7,292,639
Net investment gain or loss from common/collective trusts2014-12-31$365,511
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$407,570
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$711,627
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2014-12-31203985546
2013 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2013 401k financial data
Total income from all sources2013-12-31$1,653,228
Expenses. Total of all expenses incurred2013-12-31$567,021
Benefits paid (including direct rollovers)2013-12-31$545,619
Total plan assets at end of year2013-12-31$7,511,938
Total plan assets at beginning of year2013-12-31$6,425,731
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$381,196
Contributions received from other sources (not participants or employers)2013-12-31$6,191
Other income received2013-12-31$1,124,343
Net income (gross income less expenses)2013-12-31$1,086,207
Net plan assets at end of year (total assets less liabilities)2013-12-31$7,511,938
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$6,425,731
Assets. Value of participant loans2013-12-31$219,300
Total contributions received or receivable from employer(s)2013-12-31$141,498
Value of certain deemed distributions of participant loans2013-12-31$21,402
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2012 401k financial data
Total income from all sources2012-12-31$1,113,059
Expenses. Total of all expenses incurred2012-12-31$1,074,317
Benefits paid (including direct rollovers)2012-12-31$1,074,317
Total plan assets at end of year2012-12-31$6,425,731
Total plan assets at beginning of year2012-12-31$6,386,989
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$338,382
Contributions received from other sources (not participants or employers)2012-12-31$10,606
Other income received2012-12-31$707,161
Net income (gross income less expenses)2012-12-31$38,742
Net plan assets at end of year (total assets less liabilities)2012-12-31$6,425,731
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$6,386,989
Assets. Value of participant loans2012-12-31$206,784
Total contributions received or receivable from employer(s)2012-12-31$56,910
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
2011 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2011 401k financial data
Total income from all sources2011-12-31$407,117
Expenses. Total of all expenses incurred2011-12-31$218,552
Benefits paid (including direct rollovers)2011-12-31$218,129
Total plan assets at end of year2011-12-31$6,386,989
Total plan assets at beginning of year2011-12-31$6,198,424
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$338,866
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$11,558
Net income (gross income less expenses)2011-12-31$188,565
Net plan assets at end of year (total assets less liabilities)2011-12-31$6,386,989
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$6,198,424
Assets. Value of participant loans2011-12-31$228,185
Total contributions received or receivable from employer(s)2011-12-31$56,693
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$423
2010 : SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2010 401k financial data
Total income from all sources2010-12-31$1,112,125
Expenses. Total of all expenses incurred2010-12-31$521,152
Benefits paid (including direct rollovers)2010-12-31$492,252
Total plan assets at end of year2010-12-31$6,198,424
Total plan assets at beginning of year2010-12-31$5,607,451
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$319,125
Contributions received from other sources (not participants or employers)2010-12-31$36,814
Other income received2010-12-31$700,864
Net income (gross income less expenses)2010-12-31$590,973
Net plan assets at end of year (total assets less liabilities)2010-12-31$6,198,424
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$5,607,451
Assets. Value of participant loans2010-12-31$195,834
Total contributions received or receivable from employer(s)2010-12-31$55,322
Value of certain deemed distributions of participant loans2010-12-31$28,900
Value of corrective distributions2010-12-31$0

Form 5500 Responses for SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK

2022: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SBERA 401(K) PLAN AS ADOPTED BY NEWBURYPORT FIVE CENTS SAVINGS BANK 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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