WESTFIELD BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK
| Measure | Date | Value |
|---|
| 2023 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-06-02 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-02 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-02 | $0 |
| Total income from all sources (including contributions) | 2023-06-02 | $3,878,575 |
| Total loss/gain on sale of assets | 2023-06-02 | $0 |
| Total of all expenses incurred | 2023-06-02 | $25,300,785 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-06-02 | $25,227,586 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-06-02 | $2,761,000 |
| Value of total assets at end of year | 2023-06-02 | $0 |
| Value of total assets at beginning of year | 2023-06-02 | $21,422,210 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-06-02 | $73,199 |
| Total interest from all sources | 2023-06-02 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-06-02 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-06-02 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-06-02 | $0 |
| Was this plan covered by a fidelity bond | 2023-06-02 | Yes |
| Value of fidelity bond cover | 2023-06-02 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-06-02 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-06-02 | No |
| Administrative expenses (other) incurred | 2023-06-02 | $23,350 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-02 | No |
| Value of net income/loss | 2023-06-02 | $-21,422,210 |
| Value of net assets at end of year (total assets less liabilities) | 2023-06-02 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-06-02 | $21,422,210 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-06-02 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-06-02 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-06-02 | No |
| Value of interest in pooled separate accounts at end of year | 2023-06-02 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2023-06-02 | $21,422,210 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-06-02 | $6,293,651 |
| Net investment gain/loss from pooled separate accounts | 2023-06-02 | $1,117,575 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-06-02 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-06-02 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-06-02 | No |
| Contributions received in cash from employer | 2023-06-02 | $2,761,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-06-02 | $18,933,935 |
| Contract administrator fees | 2023-06-02 | $49,849 |
| Did the plan have assets held for investment | 2023-06-02 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-02 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-06-02 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2023-06-02 | Disclaimer |
| Accountancy firm name | 2023-06-02 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2023-06-02 | 042689883 |
| 2022 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-11-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-11-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-11-01 | $0 |
| Total income from all sources (including contributions) | 2022-11-01 | $3,878,575 |
| Total loss/gain on sale of assets | 2022-11-01 | $0 |
| Total of all expenses incurred | 2022-11-01 | $25,300,785 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-11-01 | $25,227,586 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-11-01 | $2,761,000 |
| Value of total assets at end of year | 2022-11-01 | $0 |
| Value of total assets at beginning of year | 2022-11-01 | $21,422,210 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-11-01 | $73,199 |
| Total interest from all sources | 2022-11-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-11-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-11-01 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-11-01 | $0 |
| Was this plan covered by a fidelity bond | 2022-11-01 | Yes |
| Value of fidelity bond cover | 2022-11-01 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-11-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-11-01 | No |
| Administrative expenses (other) incurred | 2022-11-01 | $23,350 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-11-01 | No |
| Value of net income/loss | 2022-11-01 | $-21,422,210 |
| Value of net assets at end of year (total assets less liabilities) | 2022-11-01 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-11-01 | $21,422,210 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-11-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-11-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-11-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-11-01 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2022-11-01 | $21,422,210 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-11-01 | $6,293,651 |
| Net investment gain/loss from pooled separate accounts | 2022-11-01 | $1,117,575 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-11-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-11-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-11-01 | No |
| Contributions received in cash from employer | 2022-11-01 | $2,761,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-11-01 | $18,933,935 |
| Contract administrator fees | 2022-11-01 | $49,849 |
| Did the plan have assets held for investment | 2022-11-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-11-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-11-01 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2022-11-01 | 3 |
| Accountancy firm name | 2022-11-01 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2022-11-01 | 042689883 |
| Total unrealized appreciation/depreciation of assets | 2022-10-31 | $0 |
| 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 | $-1,768,575 |
| Total loss/gain on sale of assets | 2022-10-31 | $0 |
| Total of all expenses incurred | 2022-10-31 | $3,371,762 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-10-31 | $3,266,887 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-10-31 | $4,100,000 |
| Value of total assets at end of year | 2022-10-31 | $21,422,210 |
| Value of total assets at beginning of year | 2022-10-31 | $26,562,547 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-10-31 | $104,875 |
| Total interest from all sources | 2022-10-31 | $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 year | 2022-10-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-10-31 | $0 |
| Was this plan covered by a fidelity bond | 2022-10-31 | Yes |
| Value of fidelity bond cover | 2022-10-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-10-31 | No |
| Value of net income/loss | 2022-10-31 | $-5,140,337 |
| Value of net assets at end of year (total assets less liabilities) | 2022-10-31 | $21,422,210 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-10-31 | $26,562,547 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2022-10-31 | $21,422,210 |
| Value of interest in pooled separate accounts at beginning of year | 2022-10-31 | $26,562,547 |
| Net investment gain/loss from pooled separate accounts | 2022-10-31 | $-5,868,575 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-10-31 | No |
| Contributions received in cash from employer | 2022-10-31 | $4,100,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-10-31 | $3,266,887 |
| Contract administrator fees | 2022-10-31 | $104,875 |
| Did the plan have assets held for investment | 2022-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-10-31 | Disclaimer |
| Accountancy firm name | 2022-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2022-10-31 | 042689883 |
| 2021 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-10-31 | $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 | $5,013,585 |
| Total loss/gain on sale of assets | 2021-10-31 | $0 |
| Total of all expenses incurred | 2021-10-31 | $1,485,112 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-10-31 | $1,387,618 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-10-31 | $1,100,000 |
| Value of total assets at end of year | 2021-10-31 | $26,562,547 |
| Value of total assets at beginning of year | 2021-10-31 | $23,034,074 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-10-31 | $97,494 |
| Total interest from all sources | 2021-10-31 | $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 year | 2021-10-31 | No |
| Was this plan covered by a fidelity bond | 2021-10-31 | Yes |
| Value of fidelity bond cover | 2021-10-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-10-31 | No |
| Value of net income/loss | 2021-10-31 | $3,528,473 |
| Value of net assets at end of year (total assets less liabilities) | 2021-10-31 | $26,562,547 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-10-31 | $23,034,074 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-10-31 | $26,562,547 |
| Value of interest in pooled separate accounts at beginning of year | 2021-10-31 | $23,034,074 |
| Net investment gain/loss from pooled separate accounts | 2021-10-31 | $3,913,585 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-10-31 | No |
| Contributions received in cash from employer | 2021-10-31 | $1,100,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-10-31 | $1,387,618 |
| Contract administrator fees | 2021-10-31 | $97,494 |
| Did the plan have assets held for investment | 2021-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-10-31 | Disclaimer |
| Accountancy firm name | 2021-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2021-10-31 | 042689883 |
| 2020 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-10-31 | $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 | $2,516,687 |
| Total loss/gain on sale of assets | 2020-10-31 | $0 |
| Total of all expenses incurred | 2020-10-31 | $809,626 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-10-31 | $809,576 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-10-31 | $925,000 |
| Value of total assets at end of year | 2020-10-31 | $23,034,074 |
| Value of total assets at beginning of year | 2020-10-31 | $21,327,013 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-10-31 | $50 |
| Total interest from all sources | 2020-10-31 | $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 year | 2020-10-31 | No |
| Was this plan covered by a fidelity bond | 2020-10-31 | Yes |
| Value of fidelity bond cover | 2020-10-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-10-31 | No |
| Value of net income/loss | 2020-10-31 | $1,707,061 |
| Value of net assets at end of year (total assets less liabilities) | 2020-10-31 | $23,034,074 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-10-31 | $21,327,013 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2020-10-31 | $23,034,074 |
| Value of interest in pooled separate accounts at beginning of year | 2020-10-31 | $21,327,013 |
| Net investment gain/loss from pooled separate accounts | 2020-10-31 | $1,591,687 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-10-31 | No |
| Contributions received in cash from employer | 2020-10-31 | $925,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-10-31 | $809,576 |
| Contract administrator fees | 2020-10-31 | $50 |
| Did the plan have assets held for investment | 2020-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2020-10-31 | Disclaimer |
| Accountancy firm name | 2020-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2020-10-31 | 042689883 |
| 2019 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-10-31 | $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 | $3,797,903 |
| Total loss/gain on sale of assets | 2019-10-31 | $0 |
| Total of all expenses incurred | 2019-10-31 | $452,634 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-10-31 | $452,634 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-10-31 | $800,000 |
| Value of total assets at end of year | 2019-10-31 | $21,327,013 |
| Value of total assets at beginning of year | 2019-10-31 | $17,981,744 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-10-31 | $0 |
| Total interest from all sources | 2019-10-31 | $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 year | 2019-10-31 | No |
| Was this plan covered by a fidelity bond | 2019-10-31 | Yes |
| Value of fidelity bond cover | 2019-10-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-10-31 | No |
| Value of net income/loss | 2019-10-31 | $3,345,269 |
| Value of net assets at end of year (total assets less liabilities) | 2019-10-31 | $21,327,013 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-10-31 | $17,981,744 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2019-10-31 | $21,327,013 |
| Value of interest in pooled separate accounts at beginning of year | 2019-10-31 | $17,981,744 |
| Net investment gain/loss from pooled separate accounts | 2019-10-31 | $2,997,903 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-10-31 | No |
| Contributions received in cash from employer | 2019-10-31 | $800,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-10-31 | $452,634 |
| Did the plan have assets held for investment | 2019-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-10-31 | Disclaimer |
| Accountancy firm name | 2019-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2019-10-31 | 042689883 |
| 2018 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-10-31 | $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 | $369,424 |
| Total loss/gain on sale of assets | 2018-10-31 | $0 |
| Total of all expenses incurred | 2018-10-31 | $617,762 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-10-31 | $617,762 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-10-31 | $800,000 |
| Value of total assets at end of year | 2018-10-31 | $17,981,744 |
| Value of total assets at beginning of year | 2018-10-31 | $18,230,082 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-10-31 | $0 |
| Total interest from all sources | 2018-10-31 | $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 year | 2018-10-31 | No |
| Was this plan covered by a fidelity bond | 2018-10-31 | Yes |
| Value of fidelity bond cover | 2018-10-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-10-31 | No |
| Value of net income/loss | 2018-10-31 | $-248,338 |
| Value of net assets at end of year (total assets less liabilities) | 2018-10-31 | $17,981,744 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-10-31 | $18,230,082 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2018-10-31 | $17,981,744 |
| Value of interest in pooled separate accounts at beginning of year | 2018-10-31 | $18,230,082 |
| Net investment gain/loss from pooled separate accounts | 2018-10-31 | $-430,576 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-10-31 | No |
| Contributions received in cash from employer | 2018-10-31 | $800,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-10-31 | $617,762 |
| Did the plan have assets held for investment | 2018-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-10-31 | Disclaimer |
| Accountancy firm name | 2018-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2018-10-31 | 042689883 |
| 2017 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-10-31 | $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 | $2,901,982 |
| Total loss/gain on sale of assets | 2017-10-31 | $0 |
| Total of all expenses incurred | 2017-10-31 | $479,449 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-10-31 | $479,061 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-10-31 | $800,000 |
| Value of total assets at end of year | 2017-10-31 | $18,230,082 |
| Value of total assets at beginning of year | 2017-10-31 | $15,807,549 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-10-31 | $388 |
| Total interest from all sources | 2017-10-31 | $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 year | 2017-10-31 | No |
| Was this plan covered by a fidelity bond | 2017-10-31 | Yes |
| Value of fidelity bond cover | 2017-10-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-10-31 | No |
| Administrative expenses (other) incurred | 2017-10-31 | $388 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-10-31 | No |
| Value of net income/loss | 2017-10-31 | $2,422,533 |
| Value of net assets at end of year (total assets less liabilities) | 2017-10-31 | $18,230,082 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-10-31 | $15,807,549 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2017-10-31 | $18,230,082 |
| Value of interest in pooled separate accounts at beginning of year | 2017-10-31 | $15,807,549 |
| Net investment gain/loss from pooled separate accounts | 2017-10-31 | $2,101,982 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-10-31 | No |
| Contributions received in cash from employer | 2017-10-31 | $800,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-10-31 | $479,061 |
| Did the plan have assets held for investment | 2017-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-10-31 | Disclaimer |
| Accountancy firm name | 2017-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2017-10-31 | 042689883 |
| 2016 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-10-31 | $0 |
| Total income from all sources (including contributions) | 2016-10-31 | $1,572,403 |
| Total loss/gain on sale of assets | 2016-10-31 | $0 |
| Total of all expenses incurred | 2016-10-31 | $497,848 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-10-31 | $495,085 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-10-31 | $800,000 |
| Value of total assets at end of year | 2016-10-31 | $15,807,549 |
| Value of total assets at beginning of year | 2016-10-31 | $14,732,994 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-10-31 | $2,763 |
| Total interest from all sources | 2016-10-31 | $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 year | 2016-10-31 | No |
| Was this plan covered by a fidelity bond | 2016-10-31 | Yes |
| Value of fidelity bond cover | 2016-10-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-10-31 | No |
| Other income not declared elsewhere | 2016-10-31 | $0 |
| Administrative expenses (other) incurred | 2016-10-31 | $2,683 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-10-31 | No |
| Value of net income/loss | 2016-10-31 | $1,074,555 |
| Value of net assets at end of year (total assets less liabilities) | 2016-10-31 | $15,807,549 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-10-31 | $14,732,994 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-10-31 | $15,807,549 |
| Value of interest in pooled separate accounts at beginning of year | 2016-10-31 | $14,732,994 |
| Net investment gain/loss from pooled separate accounts | 2016-10-31 | $772,403 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-10-31 | No |
| Contributions received in cash from employer | 2016-10-31 | $800,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-10-31 | $495,085 |
| Contract administrator fees | 2016-10-31 | $80 |
| Did the plan have assets held for investment | 2016-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-10-31 | Disclaimer |
| Accountancy firm name | 2016-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2016-10-31 | 042689883 |
| 2015 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-10-31 | $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 | $1,078,071 |
| Total loss/gain on sale of assets | 2015-10-31 | $0 |
| Total of all expenses incurred | 2015-10-31 | $1,259,857 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-10-31 | $1,259,777 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-10-31 | $725,000 |
| Value of total assets at end of year | 2015-10-31 | $14,732,994 |
| Value of total assets at beginning of year | 2015-10-31 | $14,914,780 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-10-31 | $80 |
| Total interest from all sources | 2015-10-31 | $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 year | 2015-10-31 | No |
| Was this plan covered by a fidelity bond | 2015-10-31 | Yes |
| Value of fidelity bond cover | 2015-10-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-10-31 | No |
| Value of net income/loss | 2015-10-31 | $-181,786 |
| Value of net assets at end of year (total assets less liabilities) | 2015-10-31 | $14,732,994 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-10-31 | $14,914,780 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2015-10-31 | $14,732,994 |
| Value of interest in pooled separate accounts at beginning of year | 2015-10-31 | $14,914,780 |
| Net investment gain/loss from pooled separate accounts | 2015-10-31 | $353,071 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-10-31 | No |
| Contributions received in cash from employer | 2015-10-31 | $725,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-10-31 | $1,259,777 |
| Contract administrator fees | 2015-10-31 | $80 |
| Did the plan have assets held for investment | 2015-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-10-31 | Disclaimer |
| Accountancy firm name | 2015-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2015-10-31 | 042689883 |
| 2014 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-10-31 | $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 | $2,223,649 |
| Total loss/gain on sale of assets | 2014-10-31 | $0 |
| Total of all expenses incurred | 2014-10-31 | $296,023 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-10-31 | $296,023 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-10-31 | $725,000 |
| Value of total assets at end of year | 2014-10-31 | $14,914,780 |
| Value of total assets at beginning of year | 2014-10-31 | $12,987,154 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-10-31 | $0 |
| Total interest from all sources | 2014-10-31 | $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 year | 2014-10-31 | No |
| Was this plan covered by a fidelity bond | 2014-10-31 | Yes |
| Value of fidelity bond cover | 2014-10-31 | $4,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-10-31 | No |
| Value of net income/loss | 2014-10-31 | $1,927,626 |
| Value of net assets at end of year (total assets less liabilities) | 2014-10-31 | $14,914,780 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-10-31 | $12,987,154 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2014-10-31 | $14,914,780 |
| Value of interest in pooled separate accounts at beginning of year | 2014-10-31 | $12,987,154 |
| Net investment gain/loss from pooled separate accounts | 2014-10-31 | $1,498,649 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-10-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-10-31 | No |
| Contributions received in cash from employer | 2014-10-31 | $725,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-10-31 | $296,023 |
| Did the plan have assets held for investment | 2014-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-10-31 | Disclaimer |
| Accountancy firm name | 2014-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2014-10-31 | 042689883 |
| 2013 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-10-31 | $0 |
| Total income from all sources (including contributions) | 2013-10-31 | $2,464,242 |
| Total loss/gain on sale of assets | 2013-10-31 | $0 |
| Total of all expenses incurred | 2013-10-31 | $105,521 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-10-31 | $105,521 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-10-31 | $1,500,000 |
| Value of total assets at end of year | 2013-10-31 | $12,987,154 |
| Value of total assets at beginning of year | 2013-10-31 | $10,628,433 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-10-31 | $0 |
| Total interest from all sources | 2013-10-31 | $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 year | 2013-10-31 | No |
| Was this plan covered by a fidelity bond | 2013-10-31 | Yes |
| Value of fidelity bond cover | 2013-10-31 | $4,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-10-31 | No |
| Value of net income/loss | 2013-10-31 | $2,358,721 |
| Value of net assets at end of year (total assets less liabilities) | 2013-10-31 | $12,987,154 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-10-31 | $10,628,433 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2013-10-31 | $12,987,154 |
| Value of interest in pooled separate accounts at beginning of year | 2013-10-31 | $10,628,433 |
| Net investment gain/loss from pooled separate accounts | 2013-10-31 | $964,242 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-10-31 | No |
| Contributions received in cash from employer | 2013-10-31 | $1,500,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-10-31 | $105,521 |
| Did the plan have assets held for investment | 2013-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-10-31 | Disclaimer |
| Accountancy firm name | 2013-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2013-10-31 | 042689883 |
| 2012 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-10-31 | $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 | $2,211,581 |
| Total loss/gain on sale of assets | 2012-10-31 | $0 |
| Total of all expenses incurred | 2012-10-31 | $1,529,647 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-10-31 | $1,529,647 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-10-31 | $1,500,000 |
| Value of total assets at end of year | 2012-10-31 | $12,128,433 |
| Value of total assets at beginning of year | 2012-10-31 | $11,446,499 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-10-31 | $0 |
| Total interest from all sources | 2012-10-31 | $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 year | 2012-10-31 | No |
| Was this plan covered by a fidelity bond | 2012-10-31 | Yes |
| Value of fidelity bond cover | 2012-10-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-10-31 | No |
| Other income not declared elsewhere | 2012-10-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-10-31 | No |
| Value of net income/loss | 2012-10-31 | $681,934 |
| Value of net assets at end of year (total assets less liabilities) | 2012-10-31 | $12,128,433 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-10-31 | $11,446,499 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-10-31 | No |
| Value of interest in pooled separate accounts at end of year | 2012-10-31 | $10,628,433 |
| Value of interest in pooled separate accounts at beginning of year | 2012-10-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2012-10-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2012-10-31 | $10,846,499 |
| Net investment gain/loss from pooled separate accounts | 2012-10-31 | $479,960 |
| Net investment gain or loss from common/collective trusts | 2012-10-31 | $231,621 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-10-31 | No |
| Contributions received in cash from employer | 2012-10-31 | $1,500,000 |
| Employer contributions (assets) at end of year | 2012-10-31 | $1,500,000 |
| Employer contributions (assets) at beginning of year | 2012-10-31 | $600,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-10-31 | $1,529,647 |
| Did the plan have assets held for investment | 2012-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-10-31 | Disclaimer |
| Accountancy firm name | 2012-10-31 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2012-10-31 | 042689883 |
| 2011 : SBERA PENSION PLAN AS ADOPTED BY WESTFIELD BANK 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-10-31 | $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 | $962,066 |
| Total loss/gain on sale of assets | 2011-10-31 | $0 |
| Total of all expenses incurred | 2011-10-31 | $443,819 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-10-31 | $443,819 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-10-31 | $600,000 |
| Value of total assets at end of year | 2011-10-31 | $11,446,499 |
| Value of total assets at beginning of year | 2011-10-31 | $10,928,252 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-10-31 | $0 |
| Total interest from all sources | 2011-10-31 | $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 year | 2011-10-31 | No |
| Was this plan covered by a fidelity bond | 2011-10-31 | Yes |
| Value of fidelity bond cover | 2011-10-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-10-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-10-31 | No |
| Value of net income/loss | 2011-10-31 | $518,247 |
| Value of net assets at end of year (total assets less liabilities) | 2011-10-31 | $11,446,499 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-10-31 | $10,928,252 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-10-31 | No |
| Value of interest in common/collective trusts at end of year | 2011-10-31 | $10,846,499 |
| Value of interest in common/collective trusts at beginning of year | 2011-10-31 | $10,328,252 |
| Net investment gain or loss from common/collective trusts | 2011-10-31 | $362,066 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-10-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-10-31 | No |
| Contributions received in cash from employer | 2011-10-31 | $600,000 |
| Employer contributions (assets) at end of year | 2011-10-31 | $600,000 |
| Employer contributions (assets) at beginning of year | 2011-10-31 | $600,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-10-31 | $443,819 |
| Did the plan have assets held for investment | 2011-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-10-31 | Unqualified |
| Accountancy firm name | 2011-10-31 | PARENT, MCLAUGHLIN & NANGLE, INC. |
| Accountancy firm EIN | 2011-10-31 | 042603383 |
