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SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 401k Plan overview

Plan NameSBERA PENSION PLAN AS ADOPTED BY EASTERN BANK
Plan identification number 001

SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK Benefits

401k Plan TypeDefined 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).

401k Sponsoring company profile

EASTERN BANK has sponsored the creation of one or more 401k plans.

Company Name:EASTERN BANK
Employer identification number (EIN):043067724
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-11-01
0012020-11-01
0012019-11-01
0012018-11-01
0012017-11-01
0012016-11-01THOMAS FORESE JR.
0012015-11-01THOMAS FORESE JR.
0012014-11-01THOMAS FORESE JR.
0012013-11-01THOMAS FORESE JR.
0012012-11-01THOMAS FORESE JR.
0012011-11-01THOMAS FORESE JR.
0012009-11-01THOMAS FORESE JR.
0012008-11-01

Plan Statistics for SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK

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

Measure Date Value
2022: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2022 401k membership
Market value of plan assets2022-10-31483,088,794
Acturial value of plan assets2022-10-31483,088,794
Funding target for retired participants and beneficiaries receiving payment2022-10-3135,900,816
Number of terminated vested participants2022-10-31814
Fundng target for terminated vested participants2022-10-3139,987,465
Active participant vested funding target2022-10-31144,983,638
Number of active participants2022-10-311,652
Total funding liabilities for active participants2022-10-31148,204,962
Total participant count2022-10-312,745
Total funding target for all participants2022-10-31224,093,243
Balance at beginning of prior year after applicable adjustments2022-10-310
Prefunding balance at beginning of prior year after applicable adjustments2022-10-310
Amount remaining of carryover balance2022-10-310
Amount remaining of prefunding balance2022-10-310
Present value of excess contributions2022-10-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-10-310
Balance of carryovers at beginning of current year2022-10-310
Balance of prefunding at beginning of current year2022-10-310
Total employer contributions2022-10-317,221,621
Total employee contributions2022-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-10-310
Contributions made to avoid restrictions adjusted to valuation date2022-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-10-317,132,206
Unpaid minimum required contributions for all prior years2022-10-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-10-310
Remaining amount of unpaid minimum required contributions2022-10-310
Minimum required contributions for current year target normal cost2022-10-3122,999,004
Total funding amount beforereflecting carryover/prefunding balances2022-10-310
Additional cash requirement2022-10-310
Contributions allocatedtoward minimum required contributions for current year2022-10-317,132,206
Unpaid minimum required contributions for current year2022-10-310
Unpaid minimum required contributions for all years2022-10-310
2021: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2021 401k membership
Total participants, beginning-of-year2021-11-012,745
Total number of active participants reported on line 7a of the Form 55002021-11-011,758
Number of retired or separated participants receiving benefits2021-11-01438
Number of other retired or separated participants entitled to future benefits2021-11-011,045
Total of all active and inactive participants2021-11-013,241
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-11-017
Total participants2021-11-013,248
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-11-0139
Market value of plan assets2021-10-31403,653,878
Acturial value of plan assets2021-10-31403,653,878
Funding target for retired participants and beneficiaries receiving payment2021-10-3133,408,220
Number of terminated vested participants2021-10-31780
Fundng target for terminated vested participants2021-10-3135,412,769
Active participant vested funding target2021-10-31118,075,352
Number of active participants2021-10-311,686
Total funding liabilities for active participants2021-10-31120,143,852
Total participant count2021-10-312,727
Total funding target for all participants2021-10-31188,964,841
Balance at beginning of prior year after applicable adjustments2021-10-310
Prefunding balance at beginning of prior year after applicable adjustments2021-10-310
Amount remaining of carryover balance2021-10-310
Amount remaining of prefunding balance2021-10-310
Present value of excess contributions2021-10-3132,065,526
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-10-3133,899,674
Balance of carryovers at beginning of current year2021-10-310
Balance of prefunding at beginning of current year2021-10-310
Total employer contributions2021-10-310
Total employee contributions2021-10-310
Remaining amount of unpaid minimum required contributions2021-10-310
Minimum required contributions for current year target normal cost2021-10-3122,099,584
Total funding amount beforereflecting carryover/prefunding balances2021-10-310
Additional cash requirement2021-10-310
Unpaid minimum required contributions for current year2021-10-310
Unpaid minimum required contributions for all years2021-10-310
2020: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2020 401k membership
Total participants, beginning-of-year2020-11-012,727
Total number of active participants reported on line 7a of the Form 55002020-11-011,633
Number of retired or separated participants receiving benefits2020-11-01275
Number of other retired or separated participants entitled to future benefits2020-11-01811
Total of all active and inactive participants2020-11-012,719
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-11-0110
Total participants2020-11-012,729
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-11-0159
Market value of plan assets2020-10-31366,243,799
Acturial value of plan assets2020-10-31366,243,799
Funding target for retired participants and beneficiaries receiving payment2020-10-3132,629,015
Number of terminated vested participants2020-10-31770
Fundng target for terminated vested participants2020-10-3130,758,308
Active participant vested funding target2020-10-3197,249,080
Number of active participants2020-10-311,648
Total funding liabilities for active participants2020-10-31101,228,176
Total participant count2020-10-312,665
Total funding target for all participants2020-10-31164,615,499
Balance at beginning of prior year after applicable adjustments2020-10-310
Prefunding balance at beginning of prior year after applicable adjustments2020-10-310
Amount remaining of carryover balance2020-10-310
Amount remaining of prefunding balance2020-10-310
Present value of excess contributions2020-10-3119,762,566
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-10-3120,928,557
Balance of carryovers at beginning of current year2020-10-310
Balance of prefunding at beginning of current year2020-10-310
Total employer contributions2020-10-3132,514,543
Total employee contributions2020-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-10-3132,065,526
Remaining amount of unpaid minimum required contributions2020-10-310
Minimum required contributions for current year target normal cost2020-10-3111,341,504
Total funding amount beforereflecting carryover/prefunding balances2020-10-310
Additional cash requirement2020-10-310
Contributions allocatedtoward minimum required contributions for current year2020-10-3132,065,526
Unpaid minimum required contributions for current year2020-10-310
Unpaid minimum required contributions for all years2020-10-310
2019: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2019 401k membership
Total participants, beginning-of-year2019-11-012,665
Total number of active participants reported on line 7a of the Form 55002019-11-011,686
Number of retired or separated participants receiving benefits2019-11-01261
Number of other retired or separated participants entitled to future benefits2019-11-01773
Total of all active and inactive participants2019-11-012,720
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-11-017
Total participants2019-11-012,727
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-11-0158
Market value of plan assets2019-10-31318,162,019
Acturial value of plan assets2019-10-31318,162,019
Funding target for retired participants and beneficiaries receiving payment2019-10-3126,413,819
Number of terminated vested participants2019-10-31740
Fundng target for terminated vested participants2019-10-3123,181,591
Active participant vested funding target2019-10-3191,841,132
Number of active participants2019-10-311,599
Total funding liabilities for active participants2019-10-3195,292,273
Total participant count2019-10-312,563
Total funding target for all participants2019-10-31144,887,683
Balance at beginning of prior year after applicable adjustments2019-10-310
Prefunding balance at beginning of prior year after applicable adjustments2019-10-310
Amount remaining of carryover balance2019-10-310
Amount remaining of prefunding balance2019-10-310
Present value of excess contributions2019-10-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-10-310
Balance of carryovers at beginning of current year2019-10-310
Balance of prefunding at beginning of current year2019-10-310
Total employer contributions2019-10-3120,000,000
Total employee contributions2019-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-10-310
Contributions made to avoid restrictions adjusted to valuation date2019-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-10-3119,762,566
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-10-310
Remaining amount of unpaid minimum required contributions2019-10-310
Minimum required contributions for current year target normal cost2019-10-3110,716,601
Total funding amount beforereflecting carryover/prefunding balances2019-10-310
Additional cash requirement2019-10-310
Contributions allocatedtoward minimum required contributions for current year2019-10-3119,762,566
Unpaid minimum required contributions for current year2019-10-310
Unpaid minimum required contributions for all years2019-10-310
2018: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2018 401k membership
Total participants, beginning-of-year2018-11-012,593
Total number of active participants reported on line 7a of the Form 55002018-11-011,631
Number of retired or separated participants receiving benefits2018-11-01241
Number of other retired or separated participants entitled to future benefits2018-11-01768
Total of all active and inactive participants2018-11-012,640
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-11-016
Total participants2018-11-012,646
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-11-01111
Market value of plan assets2018-10-31328,015,133
Acturial value of plan assets2018-10-31328,015,133
Funding target for retired participants and beneficiaries receiving payment2018-10-3122,811,172
Number of terminated vested participants2018-10-31705
Fundng target for terminated vested participants2018-10-3119,310,042
Active participant vested funding target2018-10-3199,454,094
Number of active participants2018-10-311,601
Total funding liabilities for active participants2018-10-31103,246,065
Total participant count2018-10-312,510
Total funding target for all participants2018-10-31145,367,279
Balance at beginning of prior year after applicable adjustments2018-10-310
Prefunding balance at beginning of prior year after applicable adjustments2018-10-310
Amount remaining of carryover balance2018-10-310
Amount remaining of prefunding balance2018-10-310
Present value of excess contributions2018-10-3178,174,843
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-10-3182,888,786
Balance of carryovers at beginning of current year2018-10-310
Balance of prefunding at beginning of current year2018-10-310
Total employer contributions2018-10-310
Total employee contributions2018-10-310
Remaining amount of unpaid minimum required contributions2018-10-310
Minimum required contributions for current year target normal cost2018-10-3111,907,922
Total funding amount beforereflecting carryover/prefunding balances2018-10-310
Additional cash requirement2018-10-310
Unpaid minimum required contributions for current year2018-10-310
Unpaid minimum required contributions for all years2018-10-310
2017: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2017 401k membership
Total participants, beginning-of-year2017-11-012,517
Total number of active participants reported on line 7a of the Form 55002017-11-011,599
Number of retired or separated participants receiving benefits2017-11-01224
Number of other retired or separated participants entitled to future benefits2017-11-01748
Total of all active and inactive participants2017-11-012,571
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-11-010
Total participants2017-11-012,571
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-11-0190
Market value of plan assets2017-10-31223,098,079
Acturial value of plan assets2017-10-31223,098,079
Funding target for retired participants and beneficiaries receiving payment2017-10-3119,481,514
Number of terminated vested participants2017-10-31682
Fundng target for terminated vested participants2017-10-3117,583,827
Active participant vested funding target2017-10-3189,515,977
Number of active participants2017-10-311,560
Total funding liabilities for active participants2017-10-3193,553,117
Total participant count2017-10-312,428
Total funding target for all participants2017-10-31130,618,458
Balance at beginning of prior year after applicable adjustments2017-10-310
Prefunding balance at beginning of prior year after applicable adjustments2017-10-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-10-310
Amount remaining of carryover balance2017-10-310
Amount remaining of prefunding balance2017-10-310
Present value of excess contributions2017-10-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-10-310
Balance of carryovers at beginning of current year2017-10-310
Balance of prefunding at beginning of current year2017-10-310
Total employer contributions2017-10-3183,636,756
Total employee contributions2017-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-10-3178,174,843
Remaining amount of unpaid minimum required contributions2017-10-310
Minimum required contributions for current year target normal cost2017-10-3111,899,356
Total funding amount beforereflecting carryover/prefunding balances2017-10-310
Additional cash requirement2017-10-310
Contributions allocatedtoward minimum required contributions for current year2017-10-3178,174,843
Unpaid minimum required contributions for current year2017-10-310
Unpaid minimum required contributions for all years2017-10-310
2016: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2016 401k membership
Total participants, beginning-of-year2016-11-012,427
Total number of active participants reported on line 7a of the Form 55002016-11-011,601
Number of retired or separated participants receiving benefits2016-11-01204
Number of other retired or separated participants entitled to future benefits2016-11-01712
Total of all active and inactive participants2016-11-012,517
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-11-010
Total participants2016-11-012,517
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-11-0186
2015: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2015 401k membership
Total participants, beginning-of-year2015-11-012,361
Total number of active participants reported on line 7a of the Form 55002015-11-011,560
Number of retired or separated participants receiving benefits2015-11-01186
Number of other retired or separated participants entitled to future benefits2015-11-01681
Total of all active and inactive participants2015-11-012,427
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-11-010
Total participants2015-11-012,427
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-11-0181
2014: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2014 401k membership
Total participants, beginning-of-year2014-11-012,278
Total number of active participants reported on line 7a of the Form 55002014-11-011,546
Number of retired or separated participants receiving benefits2014-11-01167
Number of other retired or separated participants entitled to future benefits2014-11-01648
Total of all active and inactive participants2014-11-012,361
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-11-010
Total participants2014-11-012,361
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-11-0173
2013: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2013 401k membership
Total participants, beginning-of-year2013-11-012,199
Total number of active participants reported on line 7a of the Form 55002013-11-011,502
Number of retired or separated participants receiving benefits2013-11-01160
Number of other retired or separated participants entitled to future benefits2013-11-01616
Total of all active and inactive participants2013-11-012,278
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-11-010
Total participants2013-11-012,278
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-11-0141
2012: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2012 401k membership
Total participants, beginning-of-year2012-11-012,172
Total number of active participants reported on line 7a of the Form 55002012-11-011,431
Number of retired or separated participants receiving benefits2012-11-01144
Number of other retired or separated participants entitled to future benefits2012-11-01624
Total of all active and inactive participants2012-11-012,199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-11-010
Total participants2012-11-012,199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-11-0155
2011: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2011 401k membership
Total participants, beginning-of-year2011-11-011,892
Total number of active participants reported on line 7a of the Form 55002011-11-011,445
Number of retired or separated participants receiving benefits2011-11-01127
Number of other retired or separated participants entitled to future benefits2011-11-01600
Total of all active and inactive participants2011-11-012,172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-11-010
Total participants2011-11-012,172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-11-0155
2009: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2009 401k membership
Total participants, beginning-of-year2009-11-011,654
Total number of active participants reported on line 7a of the Form 55002009-11-011,188
Number of retired or separated participants receiving benefits2009-11-01106
Number of other retired or separated participants entitled to future benefits2009-11-01515
Total of all active and inactive participants2009-11-011,809
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-11-010
Total participants2009-11-011,809
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-11-0172

Financial Data on SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK

Measure Date Value
2022 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-10-31$0
Total transfer of assets to this plan2022-10-31$63,468,602
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-10-31$0
Total income from all sources (including contributions)2022-10-31$-91,460,463
Total loss/gain on sale of assets2022-10-31$0
Total of all expenses incurred2022-10-31$42,656,868
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-10-31$42,656,868
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-10-31$7,221,621
Value of total assets at end of year2022-10-31$413,990,585
Value of total assets at beginning of year2022-10-31$484,639,314
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-10-31$0
Total interest from all sources2022-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-10-31No
Was this plan covered by a fidelity bond2022-10-31Yes
Value of fidelity bond cover2022-10-31$500,000
If this is an individual account plan, was there a blackout period2022-10-31No
Were there any nonexempt tranactions with any party-in-interest2022-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-10-31No
Value of net income/loss2022-10-31$-134,117,331
Value of net assets at end of year (total assets less liabilities)2022-10-31$413,990,585
Value of net assets at beginning of year (total assets less liabilities)2022-10-31$484,639,314
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-10-31No
Were any leases to which the plan was party in default or uncollectible2022-10-31No
Value of interest in common/collective trusts at end of year2022-10-31$413,990,585
Value of interest in common/collective trusts at beginning of year2022-10-31$484,639,314
Net investment gain or loss from common/collective trusts2022-10-31$-98,682,084
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-10-31No
Was there a failure to transmit to the plan any participant contributions2022-10-31No
Has the plan failed to provide any benefit when due under the plan2022-10-31No
Contributions received in cash from employer2022-10-31$7,221,621
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-10-31$42,656,868
Did the plan have assets held for investment2022-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-10-31No
Opinion of an independent qualified public accountant for this plan2022-10-31Unqualified
Accountancy firm name2022-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2022-10-31203985546
2021 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-10-31$0
Total income from all sources (including contributions)2021-10-31$98,316,146
Total loss/gain on sale of assets2021-10-31$0
Total of all expenses incurred2021-10-31$18,633,337
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-10-31$18,633,337
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-10-31$0
Value of total assets at end of year2021-10-31$484,639,314
Value of total assets at beginning of year2021-10-31$404,956,505
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-10-31$0
Total interest from all sources2021-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-10-31No
Was this plan covered by a fidelity bond2021-10-31Yes
Value of fidelity bond cover2021-10-31$500,000
If this is an individual account plan, was there a blackout period2021-10-31No
Were there any nonexempt tranactions with any party-in-interest2021-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-10-31No
Value of net income/loss2021-10-31$79,682,809
Value of net assets at end of year (total assets less liabilities)2021-10-31$484,639,314
Value of net assets at beginning of year (total assets less liabilities)2021-10-31$404,956,505
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-10-31No
Were any leases to which the plan was party in default or uncollectible2021-10-31No
Value of interest in common/collective trusts at end of year2021-10-31$484,639,314
Value of interest in common/collective trusts at beginning of year2021-10-31$404,956,505
Net investment gain or loss from common/collective trusts2021-10-31$98,316,146
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-10-31No
Was there a failure to transmit to the plan any participant contributions2021-10-31No
Has the plan failed to provide any benefit when due under the plan2021-10-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-10-31$18,633,337
Did the plan have assets held for investment2021-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-10-31No
Opinion of an independent qualified public accountant for this plan2021-10-31Unqualified
Accountancy firm name2021-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2021-10-31203985546
2020 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-10-31$0
Total income from all sources (including contributions)2020-10-31$46,566,051
Total loss/gain on sale of assets2020-10-31$0
Total of all expenses incurred2020-10-31$8,316,919
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-10-31$8,316,919
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-10-31$32,514,543
Value of total assets at end of year2020-10-31$404,956,505
Value of total assets at beginning of year2020-10-31$366,707,373
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-10-31$0
Total interest from all sources2020-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-10-31No
Was this plan covered by a fidelity bond2020-10-31Yes
Value of fidelity bond cover2020-10-31$500,000
If this is an individual account plan, was there a blackout period2020-10-31No
Were there any nonexempt tranactions with any party-in-interest2020-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-10-31No
Value of net income/loss2020-10-31$38,249,132
Value of net assets at end of year (total assets less liabilities)2020-10-31$404,956,505
Value of net assets at beginning of year (total assets less liabilities)2020-10-31$366,707,373
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-10-31No
Were any leases to which the plan was party in default or uncollectible2020-10-31No
Value of interest in common/collective trusts at end of year2020-10-31$404,956,505
Value of interest in common/collective trusts at beginning of year2020-10-31$366,707,373
Net investment gain or loss from common/collective trusts2020-10-31$14,051,508
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-10-31No
Was there a failure to transmit to the plan any participant contributions2020-10-31No
Has the plan failed to provide any benefit when due under the plan2020-10-31No
Contributions received in cash from employer2020-10-31$32,514,543
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-10-31$8,316,919
Did the plan have assets held for investment2020-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-10-31No
Opinion of an independent qualified public accountant for this plan2020-10-31Unqualified
Accountancy firm name2020-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2020-10-31203985546
2019 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-10-31$0
Total income from all sources (including contributions)2019-10-31$53,331,504
Total loss/gain on sale of assets2019-10-31$0
Total of all expenses incurred2019-10-31$6,841,459
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-10-31$6,841,459
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-10-31$20,000,000
Value of total assets at end of year2019-10-31$366,707,373
Value of total assets at beginning of year2019-10-31$320,217,328
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-10-31$0
Total interest from all sources2019-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-10-31No
Was this plan covered by a fidelity bond2019-10-31Yes
Value of fidelity bond cover2019-10-31$500,000
If this is an individual account plan, was there a blackout period2019-10-31No
Were there any nonexempt tranactions with any party-in-interest2019-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-10-31No
Value of net income/loss2019-10-31$46,490,045
Value of net assets at end of year (total assets less liabilities)2019-10-31$366,707,373
Value of net assets at beginning of year (total assets less liabilities)2019-10-31$320,217,328
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-10-31No
Were any leases to which the plan was party in default or uncollectible2019-10-31No
Value of interest in common/collective trusts at end of year2019-10-31$366,707,373
Value of interest in common/collective trusts at beginning of year2019-10-31$320,217,328
Net investment gain or loss from common/collective trusts2019-10-31$33,331,504
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-10-31No
Was there a failure to transmit to the plan any participant contributions2019-10-31No
Has the plan failed to provide any benefit when due under the plan2019-10-31No
Contributions received in cash from employer2019-10-31$20,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-10-31$6,841,459
Did the plan have assets held for investment2019-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-10-31No
Opinion of an independent qualified public accountant for this plan2019-10-31Unqualified
Accountancy firm name2019-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2019-10-31203985546
2018 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-10-31$0
Total income from all sources (including contributions)2018-10-31$917,054
Total loss/gain on sale of assets2018-10-31$0
Total of all expenses incurred2018-10-31$12,133,536
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-10-31$12,133,536
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-10-31$0
Value of total assets at end of year2018-10-31$320,217,328
Value of total assets at beginning of year2018-10-31$331,433,810
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-10-31$0
Total interest from all sources2018-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-10-31No
Was this plan covered by a fidelity bond2018-10-31Yes
Value of fidelity bond cover2018-10-31$500,000
If this is an individual account plan, was there a blackout period2018-10-31No
Were there any nonexempt tranactions with any party-in-interest2018-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-10-31No
Value of net income/loss2018-10-31$-11,216,482
Value of net assets at end of year (total assets less liabilities)2018-10-31$320,217,328
Value of net assets at beginning of year (total assets less liabilities)2018-10-31$331,433,810
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-10-31No
Were any leases to which the plan was party in default or uncollectible2018-10-31No
Value of interest in common/collective trusts at end of year2018-10-31$320,217,328
Value of interest in common/collective trusts at beginning of year2018-10-31$247,797,054
Net investment gain or loss from common/collective trusts2018-10-31$917,054
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-10-31No
Was there a failure to transmit to the plan any participant contributions2018-10-31No
Has the plan failed to provide any benefit when due under the plan2018-10-31No
Employer contributions (assets) at beginning of year2018-10-31$83,636,756
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-10-31$12,133,536
Did the plan have assets held for investment2018-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-10-31No
Opinion of an independent qualified public accountant for this plan2018-10-31Unqualified
Accountancy firm name2018-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2018-10-31203985546
2017 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-10-31$0
Total income from all sources (including contributions)2017-10-31$116,500,332
Total loss/gain on sale of assets2017-10-31$0
Total of all expenses incurred2017-10-31$8,521,990
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-10-31$8,521,990
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-10-31$83,636,756
Value of total assets at end of year2017-10-31$331,433,810
Value of total assets at beginning of year2017-10-31$223,455,468
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-10-31$0
Total interest from all sources2017-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-10-31No
Was this plan covered by a fidelity bond2017-10-31Yes
Value of fidelity bond cover2017-10-31$500,000
If this is an individual account plan, was there a blackout period2017-10-31No
Were there any nonexempt tranactions with any party-in-interest2017-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-10-31No
Value of net income/loss2017-10-31$107,978,342
Value of net assets at end of year (total assets less liabilities)2017-10-31$331,433,810
Value of net assets at beginning of year (total assets less liabilities)2017-10-31$223,455,468
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-10-31No
Were any leases to which the plan was party in default or uncollectible2017-10-31No
Value of interest in common/collective trusts at end of year2017-10-31$247,797,054
Value of interest in common/collective trusts at beginning of year2017-10-31$223,455,468
Net investment gain or loss from common/collective trusts2017-10-31$32,863,576
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-10-31No
Was there a failure to transmit to the plan any participant contributions2017-10-31No
Has the plan failed to provide any benefit when due under the plan2017-10-31No
Contributions received in cash from employer2017-10-31$83,636,756
Employer contributions (assets) at end of year2017-10-31$83,636,756
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-10-31$8,521,990
Did the plan have assets held for investment2017-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-10-31No
Opinion of an independent qualified public accountant for this plan2017-10-31Unqualified
Accountancy firm name2017-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2017-10-31203985546
2016 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-31$0
Total income from all sources (including contributions)2016-10-31$7,677,542
Total loss/gain on sale of assets2016-10-31$0
Total of all expenses incurred2016-10-31$7,379,899
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-10-31$7,379,899
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-10-31$0
Value of total assets at end of year2016-10-31$223,455,468
Value of total assets at beginning of year2016-10-31$223,157,825
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-10-31$0
Total interest from all sources2016-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-10-31No
Was this plan covered by a fidelity bond2016-10-31Yes
Value of fidelity bond cover2016-10-31$500,000
If this is an individual account plan, was there a blackout period2016-10-31No
Were there any nonexempt tranactions with any party-in-interest2016-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-31No
Value of net income/loss2016-10-31$297,643
Value of net assets at end of year (total assets less liabilities)2016-10-31$223,455,468
Value of net assets at beginning of year (total assets less liabilities)2016-10-31$223,157,825
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-10-31No
Were any leases to which the plan was party in default or uncollectible2016-10-31No
Value of interest in common/collective trusts at end of year2016-10-31$223,455,468
Value of interest in common/collective trusts at beginning of year2016-10-31$223,157,825
Net investment gain or loss from common/collective trusts2016-10-31$7,677,542
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-10-31No
Was there a failure to transmit to the plan any participant contributions2016-10-31No
Has the plan failed to provide any benefit when due under the plan2016-10-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-10-31$7,379,899
Did the plan have assets held for investment2016-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-10-31No
Opinion of an independent qualified public accountant for this plan2016-10-31Unqualified
Accountancy firm name2016-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2016-10-31203985546
2015 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-10-31$0
Total income from all sources (including contributions)2015-10-31$-51,964
Total loss/gain on sale of assets2015-10-31$0
Total of all expenses incurred2015-10-31$6,558,490
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-10-31$6,558,490
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-10-31$1,642,000
Value of total assets at end of year2015-10-31$223,157,825
Value of total assets at beginning of year2015-10-31$229,768,279
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-10-31$0
Total interest from all sources2015-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-10-31No
Was this plan covered by a fidelity bond2015-10-31Yes
Value of fidelity bond cover2015-10-31$500,000
If this is an individual account plan, was there a blackout period2015-10-31No
Were there any nonexempt tranactions with any party-in-interest2015-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-10-31No
Value of net income/loss2015-10-31$-6,610,454
Value of net assets at end of year (total assets less liabilities)2015-10-31$223,157,825
Value of net assets at beginning of year (total assets less liabilities)2015-10-31$229,768,279
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-10-31No
Were any leases to which the plan was party in default or uncollectible2015-10-31No
Value of interest in common/collective trusts at end of year2015-10-31$223,157,825
Value of interest in common/collective trusts at beginning of year2015-10-31$229,768,279
Net investment gain or loss from common/collective trusts2015-10-31$-1,693,964
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-10-31No
Was there a failure to transmit to the plan any participant contributions2015-10-31No
Has the plan failed to provide any benefit when due under the plan2015-10-31No
Contributions received in cash from employer2015-10-31$1,642,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-10-31$6,558,490
Did the plan have assets held for investment2015-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-10-31No
Opinion of an independent qualified public accountant for this plan2015-10-31Unqualified
Accountancy firm name2015-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2015-10-31203985546
2014 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-31$0
Total income from all sources (including contributions)2014-10-31$12,467,859
Total loss/gain on sale of assets2014-10-31$0
Total of all expenses incurred2014-10-31$2,923,634
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-10-31$2,923,634
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-10-31$0
Value of total assets at end of year2014-10-31$229,768,279
Value of total assets at beginning of year2014-10-31$220,224,054
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-10-31$0
Total interest from all sources2014-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-10-31No
Was this plan covered by a fidelity bond2014-10-31Yes
Value of fidelity bond cover2014-10-31$500,000
If this is an individual account plan, was there a blackout period2014-10-31No
Were there any nonexempt tranactions with any party-in-interest2014-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-31No
Value of net income/loss2014-10-31$9,544,225
Value of net assets at end of year (total assets less liabilities)2014-10-31$229,768,279
Value of net assets at beginning of year (total assets less liabilities)2014-10-31$220,224,054
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-10-31No
Were any leases to which the plan was party in default or uncollectible2014-10-31No
Value of interest in common/collective trusts at end of year2014-10-31$229,768,279
Value of interest in common/collective trusts at beginning of year2014-10-31$220,224,054
Net investment gain or loss from common/collective trusts2014-10-31$12,467,859
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-10-31No
Was there a failure to transmit to the plan any participant contributions2014-10-31No
Has the plan failed to provide any benefit when due under the plan2014-10-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-10-31$2,923,634
Did the plan have assets held for investment2014-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-10-31No
Opinion of an independent qualified public accountant for this plan2014-10-31Unqualified
Accountancy firm name2014-10-31JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN2014-10-31203985546
2013 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-10-31$0
Total income from all sources (including contributions)2013-10-31$62,461,565
Total loss/gain on sale of assets2013-10-31$0
Total of all expenses incurred2013-10-31$13,080,324
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-10-31$13,080,324
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-10-31$32,000,000
Value of total assets at end of year2013-10-31$220,224,054
Value of total assets at beginning of year2013-10-31$170,842,813
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-10-31$0
Total interest from all sources2013-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-10-31No
Was this plan covered by a fidelity bond2013-10-31Yes
Value of fidelity bond cover2013-10-31$500,000
If this is an individual account plan, was there a blackout period2013-10-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-10-31$0
Were there any nonexempt tranactions with any party-in-interest2013-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-10-31No
Value of net income/loss2013-10-31$49,381,241
Value of net assets at end of year (total assets less liabilities)2013-10-31$220,224,054
Value of net assets at beginning of year (total assets less liabilities)2013-10-31$170,842,813
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-10-31No
Were any leases to which the plan was party in default or uncollectible2013-10-31No
Value of interest in common/collective trusts at end of year2013-10-31$220,224,054
Value of interest in common/collective trusts at beginning of year2013-10-31$170,842,813
Net investment gain or loss from common/collective trusts2013-10-31$30,461,565
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-10-31No
Was there a failure to transmit to the plan any participant contributions2013-10-31No
Has the plan failed to provide any benefit when due under the plan2013-10-31No
Contributions received in cash from employer2013-10-31$32,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-10-31$13,080,324
Did the plan have assets held for investment2013-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-10-31No
Opinion of an independent qualified public accountant for this plan2013-10-31Unqualified
Accountancy firm name2013-10-31MARCUM LLP
Accountancy firm EIN2013-10-31111986323
2012 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-10-31$0
Total income from all sources (including contributions)2012-10-31$58,367,262
Total loss/gain on sale of assets2012-10-31$0
Total of all expenses incurred2012-10-31$3,536,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-10-31$3,536,856
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-10-31$46,500,000
Value of total assets at end of year2012-10-31$170,842,813
Value of total assets at beginning of year2012-10-31$116,012,407
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-10-31$0
Total interest from all sources2012-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-10-31No
Was this plan covered by a fidelity bond2012-10-31Yes
Value of fidelity bond cover2012-10-31$500,000
If this is an individual account plan, was there a blackout period2012-10-31No
Were there any nonexempt tranactions with any party-in-interest2012-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-10-31No
Value of net income/loss2012-10-31$54,830,406
Value of net assets at end of year (total assets less liabilities)2012-10-31$170,842,813
Value of net assets at beginning of year (total assets less liabilities)2012-10-31$116,012,407
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-10-31No
Were any leases to which the plan was party in default or uncollectible2012-10-31No
Value of interest in common/collective trusts at end of year2012-10-31$170,842,813
Value of interest in common/collective trusts at beginning of year2012-10-31$106,012,407
Net investment gain or loss from common/collective trusts2012-10-31$11,867,262
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-10-31No
Was there a failure to transmit to the plan any participant contributions2012-10-31No
Has the plan failed to provide any benefit when due under the plan2012-10-31No
Contributions received in cash from employer2012-10-31$46,500,000
Employer contributions (assets) at beginning of year2012-10-31$10,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-10-31$3,536,856
Did the plan have assets held for investment2012-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-10-31No
Opinion of an independent qualified public accountant for this plan2012-10-31Unqualified
Accountancy firm name2012-10-31MARCUM LLP
Accountancy firm EIN2012-10-31111986323
2011 : SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-10-31$0
Total income from all sources (including contributions)2011-10-31$28,202,283
Total loss/gain on sale of assets2011-10-31$0
Total of all expenses incurred2011-10-31$4,062,063
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-10-31$4,062,063
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-10-31$25,000,000
Value of total assets at end of year2011-10-31$116,012,407
Value of total assets at beginning of year2011-10-31$91,872,187
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-10-31$0
Total interest from all sources2011-10-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-10-31No
Was this plan covered by a fidelity bond2011-10-31Yes
Value of fidelity bond cover2011-10-31$500,000
If this is an individual account plan, was there a blackout period2011-10-31No
Were there any nonexempt tranactions with any party-in-interest2011-10-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-10-31No
Value of net income/loss2011-10-31$24,140,220
Value of net assets at end of year (total assets less liabilities)2011-10-31$116,012,407
Value of net assets at beginning of year (total assets less liabilities)2011-10-31$91,872,187
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-10-31No
Were any leases to which the plan was party in default or uncollectible2011-10-31No
Value of interest in common/collective trusts at end of year2011-10-31$106,012,407
Value of interest in common/collective trusts at beginning of year2011-10-31$81,872,187
Net investment gain or loss from common/collective trusts2011-10-31$3,202,283
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-10-31No
Was there a failure to transmit to the plan any participant contributions2011-10-31No
Has the plan failed to provide any benefit when due under the plan2011-10-31No
Contributions received in cash from employer2011-10-31$25,000,000
Employer contributions (assets) at end of year2011-10-31$10,000,000
Employer contributions (assets) at beginning of year2011-10-31$10,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-10-31$4,062,063
Did the plan have assets held for investment2011-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-10-31No
Opinion of an independent qualified public accountant for this plan2011-10-31Unqualified
Accountancy firm name2011-10-31PARENT, MCLAUGHLIN & NANGLE, INC.
Accountancy firm EIN2011-10-31042603383

Form 5500 Responses for SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK

2021: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2021 form 5500 responses
2021-11-01Type of plan entitySingle employer plan
2021-11-01Submission has been amendedNo
2021-11-01This submission is the final filingNo
2021-11-01This return/report is a short plan year return/report (less than 12 months)No
2021-11-01Plan is a collectively bargained planNo
2021-11-01Plan funding arrangement – TrustYes
2021-11-01Plan benefit arrangement - TrustYes
2020: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2020 form 5500 responses
2020-11-01Type of plan entitySingle employer plan
2020-11-01Submission has been amendedNo
2020-11-01This submission is the final filingNo
2020-11-01This return/report is a short plan year return/report (less than 12 months)No
2020-11-01Plan is a collectively bargained planNo
2020-11-01Plan funding arrangement – TrustYes
2020-11-01Plan benefit arrangement - TrustYes
2019: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2019 form 5500 responses
2019-11-01Type of plan entitySingle employer plan
2019-11-01Submission has been amendedNo
2019-11-01This submission is the final filingNo
2019-11-01This return/report is a short plan year return/report (less than 12 months)No
2019-11-01Plan is a collectively bargained planNo
2019-11-01Plan funding arrangement – TrustYes
2019-11-01Plan benefit arrangement - TrustYes
2018: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2018 form 5500 responses
2018-11-01Type of plan entitySingle employer plan
2018-11-01Submission has been amendedNo
2018-11-01This submission is the final filingNo
2018-11-01This return/report is a short plan year return/report (less than 12 months)No
2018-11-01Plan is a collectively bargained planNo
2018-11-01Plan funding arrangement – TrustYes
2018-11-01Plan benefit arrangement - TrustYes
2017: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2017 form 5500 responses
2017-11-01Type of plan entitySingle employer plan
2017-11-01Submission has been amendedNo
2017-11-01This submission is the final filingNo
2017-11-01This return/report is a short plan year return/report (less than 12 months)No
2017-11-01Plan is a collectively bargained planNo
2017-11-01Plan funding arrangement – TrustYes
2017-11-01Plan benefit arrangement - TrustYes
2016: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2016 form 5500 responses
2016-11-01Type of plan entitySingle employer plan
2016-11-01Submission has been amendedNo
2016-11-01This submission is the final filingNo
2016-11-01This return/report is a short plan year return/report (less than 12 months)No
2016-11-01Plan is a collectively bargained planNo
2016-11-01Plan funding arrangement – TrustYes
2016-11-01Plan benefit arrangement - TrustYes
2015: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2015 form 5500 responses
2015-11-01Type of plan entitySingle employer plan
2015-11-01Submission has been amendedNo
2015-11-01This submission is the final filingNo
2015-11-01This return/report is a short plan year return/report (less than 12 months)No
2015-11-01Plan is a collectively bargained planNo
2015-11-01Plan funding arrangement – TrustYes
2015-11-01Plan benefit arrangement - TrustYes
2014: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2014 form 5500 responses
2014-11-01Type of plan entitySingle employer plan
2014-11-01Submission has been amendedNo
2014-11-01This submission is the final filingNo
2014-11-01This return/report is a short plan year return/report (less than 12 months)No
2014-11-01Plan is a collectively bargained planNo
2014-11-01Plan funding arrangement – TrustYes
2014-11-01Plan benefit arrangement - TrustYes
2013: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2013 form 5500 responses
2013-11-01Type of plan entitySingle employer plan
2013-11-01Submission has been amendedNo
2013-11-01This submission is the final filingNo
2013-11-01This return/report is a short plan year return/report (less than 12 months)No
2013-11-01Plan is a collectively bargained planNo
2013-11-01Plan funding arrangement – TrustYes
2013-11-01Plan benefit arrangement - TrustYes
2012: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2012 form 5500 responses
2012-11-01Type of plan entitySingle employer plan
2012-11-01Submission has been amendedNo
2012-11-01This submission is the final filingNo
2012-11-01This return/report is a short plan year return/report (less than 12 months)No
2012-11-01Plan is a collectively bargained planNo
2012-11-01Plan funding arrangement – TrustYes
2012-11-01Plan benefit arrangement - TrustYes
2011: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2011 form 5500 responses
2011-11-01Type of plan entitySingle employer plan
2011-11-01Submission has been amendedNo
2011-11-01This submission is the final filingNo
2011-11-01This return/report is a short plan year return/report (less than 12 months)No
2011-11-01Plan is a collectively bargained planNo
2011-11-01Plan funding arrangement – TrustYes
2011-11-01Plan benefit arrangement - TrustYes
2009: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2009 form 5500 responses
2009-11-01Type of plan entitySingle employer plan
2009-11-01Submission has been amendedNo
2009-11-01This submission is the final filingNo
2009-11-01This return/report is a short plan year return/report (less than 12 months)No
2009-11-01Plan is a collectively bargained planNo
2009-11-01Plan funding arrangement – TrustYes
2009-11-01Plan benefit arrangement - TrustYes
2008: SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK 2008 form 5500 responses
2008-11-01Type of plan entitySingle employer plan
2008-11-01Submission has been amendedNo
2008-11-01This submission is the final filingNo
2008-11-01This return/report is a short plan year return/report (less than 12 months)No
2008-11-01Plan is a collectively bargained planNo

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