Plan5500

Florence Bank — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Florence Bank (EIN 04-1332530) is a plan sponsor located in Florence, MA with 3 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
04-1332530
Location
Florence, MA
Loaded plans
3
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Florence Bank

  • 3 loaded plans hold $77.4M in reported assets.
  • The largest, Sbera Pension Plan As Adopted By Florence Bank, holds 61% of this company's reported plan assets.
  • Plans cover 777 reported participants.
  • 2 of 3 plans report full financial statements.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$77.4MSummed across loaded plans$77,405,004
Total reported assets$77.4M$77,405,004
Total reported participants777
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$77.4M total assets
Net assets$77.4MLiabilities$0
Contributions & income
Employer contributions$388.3K
Participant contributions$1.2M
Total income / additions$15.6M
Expenses & distributions
Benefits paid / distributions$2.4M
Total expenses$2.4M
Net increase / (decrease)$13.2M

Data coverage

Plans with financial statements2 / 3 (67%)
Plans with provider compensation0 / 3 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets61%Sbera Pension Plan As Adopted By Florence Bank
Participants per plan259Average across loaded plans
Loaded plans3
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Sbera Pension Plan As Adopted By Florence Bank$47.2M
    Plan #001 · 164 participants · 2023
  2. 2
    Sbera 401(K) Plan As Adopted By Florence Bank$30.2M
    Plan #002 · 301 participants · 2023
  3. 3
    Florence Bank Section 125 Plannot reported in the loaded dataset
    Plan #501 · 312 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Florence Bank. Open one for its full reported snapshot.

  1. 2023
    Florence Bank Section 125 Plan312 participants · 2No schedules
    View filing →
  2. 2023
    Sbera 401(K) Plan As Adopted By Florence Bank301 participants · 2Sch H
    View filing →
  3. 2023
    Sbera Pension Plan As Adopted By Florence Bank164 participants · 2Sch H
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Florence Bank report on Form 5500?
Florence Bank (EIN 04-1332530) reports 3 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Florence Bank?
The Employer Identification Number (EIN) reported for Florence Bank is 04-1332530.
What is the latest Form 5500 filing year for Florence Bank?
The latest loaded Form 5500 filing year for Florence Bank is 2023.

Related Form 5500 pages