SOUTHBRIDGE SAVINGS 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 SOUTHBRIDGE SAVINGS BANK
| Measure | Date | Value |
|---|
| 2016 : SBERA PENSION PLAN AS ADOPTED BY SOUTHBRIDGE SAVINGS BANK 2016 401k financial data |
|---|
| Total income from all sources | 2016-10-31 | $926,994 |
| Expenses. Total of all expenses incurred | 2016-10-31 | $59,464 |
| Benefits paid (including direct rollovers) | 2016-10-31 | $59,464 |
| Total plan assets at end of year | 2016-10-31 | $6,257,510 |
| Total plan assets at beginning of year | 2016-10-31 | $5,389,980 |
| Value of fidelity bond covering the plan | 2016-10-31 | $500,000 |
| Other income received | 2016-10-31 | $241,994 |
| Net income (gross income less expenses) | 2016-10-31 | $867,530 |
| Net plan assets at end of year (total assets less liabilities) | 2016-10-31 | $6,257,510 |
| Net plan assets at beginning of year (total assets less liabilities) | 2016-10-31 | $5,389,980 |
| Total contributions received or receivable from employer(s) | 2016-10-31 | $685,000 |
| 2015 : SBERA PENSION PLAN AS ADOPTED BY SOUTHBRIDGE SAVINGS 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 | $691,336 |
| Total loss/gain on sale of assets | 2015-10-31 | $0 |
| Total of all expenses incurred | 2015-10-31 | $2,202,280 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-10-31 | $2,202,280 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-10-31 | $707,000 |
| Value of total assets at end of year | 2015-10-31 | $5,389,980 |
| Value of total assets at beginning of year | 2015-10-31 | $6,900,924 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-10-31 | $0 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-10-31 | No |
| 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 | $-1,510,944 |
| Value of net assets at end of year (total assets less liabilities) | 2015-10-31 | $5,389,980 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-10-31 | $6,900,924 |
| 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 common/collective trusts at end of year | 2015-10-31 | $4,682,980 |
| Value of interest in common/collective trusts at beginning of year | 2015-10-31 | $6,900,924 |
| Net investment gain or loss from common/collective trusts | 2015-10-31 | $-15,664 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-10-31 | No |
| 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 | $707,000 |
| Employer contributions (assets) at end of year | 2015-10-31 | $707,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-10-31 | $2,202,280 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-10-31 | Unqualified |
| Accountancy firm name | 2015-10-31 | JOHNSON OCONNOR FERON & CARUCCI LLP |
| Accountancy firm EIN | 2015-10-31 | 203985546 |
| 2014 : SBERA PENSION PLAN AS ADOPTED BY SOUTHBRIDGE SAVINGS 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 | $509,633 |
| Total loss/gain on sale of assets | 2014-10-31 | $0 |
| Total of all expenses incurred | 2014-10-31 | $452,476 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-10-31 | $452,476 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-10-31 | $138,448 |
| Value of total assets at end of year | 2014-10-31 | $6,900,924 |
| Value of total assets at beginning of year | 2014-10-31 | $6,843,767 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-10-31 | No |
| 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 | $57,157 |
| Value of net assets at end of year (total assets less liabilities) | 2014-10-31 | $6,900,924 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-10-31 | $6,843,767 |
| 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 common/collective trusts at end of year | 2014-10-31 | $6,900,924 |
| Value of interest in common/collective trusts at beginning of year | 2014-10-31 | $6,843,767 |
| Net investment gain or loss from common/collective trusts | 2014-10-31 | $371,185 |
| 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 | $138,448 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-10-31 | $452,476 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-10-31 | Unqualified |
| Accountancy firm name | 2014-10-31 | JOHNSON OCONNOR FERON & CARUCCI LLP |
| Accountancy firm EIN | 2014-10-31 | 203985546 |
| 2013 : SBERA PENSION PLAN AS ADOPTED BY SOUTHBRIDGE SAVINGS 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 | $1,141,558 |
| Total loss/gain on sale of assets | 2013-10-31 | $0 |
| Total of all expenses incurred | 2013-10-31 | $353,932 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-10-31 | $353,932 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-10-31 | $146,045 |
| Value of total assets at end of year | 2013-10-31 | $6,843,767 |
| Value of total assets at beginning of year | 2013-10-31 | $6,056,141 |
| 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 | $500,000 |
| 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 | $787,626 |
| Value of net assets at end of year (total assets less liabilities) | 2013-10-31 | $6,843,767 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-10-31 | $6,056,141 |
| 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 common/collective trusts at end of year | 2013-10-31 | $6,843,767 |
| Value of interest in common/collective trusts at beginning of year | 2013-10-31 | $6,056,141 |
| Net investment gain or loss from common/collective trusts | 2013-10-31 | $995,513 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-10-31 | No |
| 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 | $146,045 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-10-31 | $353,932 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-10-31 | Unqualified |
| Accountancy firm name | 2013-10-31 | MARCUM LLP |
| Accountancy firm EIN | 2013-10-31 | 111986323 |
| 2012 : SBERA PENSION PLAN AS ADOPTED BY SOUTHBRIDGE SAVINGS 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 | $735,828 |
| Total loss/gain on sale of assets | 2012-10-31 | $0 |
| Total of all expenses incurred | 2012-10-31 | $69,419 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-10-31 | $69,419 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-10-31 | $226,968 |
| Value of total assets at end of year | 2012-10-31 | $6,056,141 |
| Value of total assets at beginning of year | 2012-10-31 | $5,389,732 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-10-31 | 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 | 2012-10-31 | No |
| Value of net income/loss | 2012-10-31 | $666,409 |
| Value of net assets at end of year (total assets less liabilities) | 2012-10-31 | $6,056,141 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-10-31 | $5,389,732 |
| 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 common/collective trusts at end of year | 2012-10-31 | $6,056,141 |
| Value of interest in common/collective trusts at beginning of year | 2012-10-31 | $5,389,732 |
| Net investment gain or loss from common/collective trusts | 2012-10-31 | $508,860 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-10-31 | No |
| 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 | $226,968 |
| Employer contributions (assets) at end of year | 2012-10-31 | $0 |
| Employer contributions (assets) at beginning of year | 2012-10-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-10-31 | $69,419 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-10-31 | Unqualified |
| Accountancy firm name | 2012-10-31 | MARCUM LLP |
| Accountancy firm EIN | 2012-10-31 | 111986323 |
| 2011 : SBERA PENSION PLAN AS ADOPTED BY SOUTHBRIDGE SAVINGS 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 | $382,263 |
| Total loss/gain on sale of assets | 2011-10-31 | $0 |
| Total of all expenses incurred | 2011-10-31 | $341,499 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-10-31 | $341,499 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-10-31 | $202,307 |
| Value of total assets at end of year | 2011-10-31 | $5,389,732 |
| Value of total assets at beginning of year | 2011-10-31 | $5,348,968 |
| 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 | $40,764 |
| Value of net assets at end of year (total assets less liabilities) | 2011-10-31 | $5,389,732 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-10-31 | $5,348,968 |
| 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 | $5,389,732 |
| Value of interest in common/collective trusts at beginning of year | 2011-10-31 | $5,348,968 |
| Net investment gain or loss from common/collective trusts | 2011-10-31 | $179,956 |
| 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 | $202,307 |
| Employer contributions (assets) at end of year | 2011-10-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-10-31 | $341,499 |
| 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 |
