2023 Form 5500 filing — Sbera 401(K) Plan As Adopted By Avidia Bank

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240730065628NAL0043067106001) for Sbera 401(K) Plan As Adopted By Avidia Bank, reported by Avidia Bank under EIN 04-3395834 and plan number 002. It reports 353 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

EFAST2 acknowledgement
20240730065628NAL0043067106001
Filing year
2023
Form type
2
Plan sponsor
Avidia Bank
EIN
04-3395834
Plan number
002
Location
Hudson, MA
Participants
353
Schedules available
Schedule H
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$44,879,810
Total liabilities (EOY)
$0
Net assets (EOY)
$44,879,810
Employer contributions
$1,105,479
Participant contributions
$2,128,311
Total income / additions
$10,276,940
Benefits paid
$4,639,153
Administrative expenses
$2,260
Total expenses
$4,641,413
Net increase / (decrease)
$5,635,527
Schedule source
Schedule H

Related Form 5500 pages