Civic Intelligence

Andover Bank

Plan context: SBERA 401K PLAN AS ADOPTED BY ANDOVER BANK

EIN 04-1034790 • 17 filings • 7 plans

Current Snapshot

Latest Year

2003

2003 Participants

153

2003 Assets

$3,224,401

2003 Contributions

$65

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$17,592,091$8,796,046$0199920012002YearValue
$3,224,401Latest year 2002

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3081540199920012002YearValue
153Latest year 2002

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200330$0$0-
ANDOVER BANK MONEY PURCHASE PLAN-0---
SBERA 401K PLAN AS ADOPTED BY ANDOVER BANK-0---
Andover Bank Employee Stock Ownership Plan-0---
20023153$3,224,401$65$0iApproximate average salary by contribution assumption: employee only about $11 at 4% or $7 at 6%; with 50% employer match about $7 at 4% or $5 at 6%; with 100% employer match about $5 at 4% or $4 at 6%.
SBERA 401K PLAN AS ADOPTED BY ANDOVER BANK-153$2,770,351$65$0iApproximate average salary by contribution assumption: employee only about $11 at 4% or $7 at 6%; with 50% employer match about $7 at 4% or $5 at 6%; with 100% employer match about $5 at 4% or $4 at 6%.
ANDOVER BANK MONEY PURCHASE PLAN-132$351,130--
Andover Bank Employee Stock Ownership Plan-39$102,920--
20014281$17,592,091$3,583,267$12,752iApproximate average salary by contribution assumption: employee only about $318,796 at 4% or $212,531 at 6%; with 50% employer match about $212,531 at 4% or $141,687 at 6%; with 100% employer match about $159,398 at 4% or $106,265 at 6%.
SBERA 401K PLAN AS ADOPTED BY ANDOVER BANK-281$7,976,187$2,113,741$7,522iApproximate average salary by contribution assumption: employee only about $188,055 at 4% or $125,370 at 6%; with 50% employer match about $125,370 at 4% or $83,580 at 6%; with 100% employer match about $94,028 at 4% or $62,685 at 6%.
Andover Bank Employee Stock Ownership Plan-240$7,917,546$361,000$1,504iApproximate average salary by contribution assumption: employee only about $37,604 at 4% or $25,069 at 6%; with 50% employer match about $25,069 at 4% or $16,713 at 6%; with 100% employer match about $18,802 at 4% or $12,535 at 6%.
SIERA 401K PLAN AS ADOPTED BY ANDOVER BANK-263$849,179$554,263$2,107iApproximate average salary by contribution assumption: employee only about $52,687 at 4% or $35,124 at 6%; with 50% employer match about $35,124 at 4% or $23,416 at 6%; with 100% employer match about $26,343 at 4% or $17,562 at 6%.
ANDOVER BANK MONEY PURCHASE PLAN-263$849,179$554,263$2,107iApproximate average salary by contribution assumption: employee only about $52,687 at 4% or $35,124 at 6%; with 50% employer match about $35,124 at 4% or $23,416 at 6%; with 100% employer match about $26,343 at 4% or $17,562 at 6%.
20004308$14,363,431$1,399,687$4,544iApproximate average salary by contribution assumption: employee only about $113,611 at 4% or $75,741 at 6%; with 50% employer match about $75,741 at 4% or $50,494 at 6%; with 100% employer match about $56,805 at 4% or $37,870 at 6%.
SBERA 401 K PLAN AS ADOPTED BY ANDOVER BANK-288$8,817,686$1,017,487$3,533iApproximate average salary by contribution assumption: employee only about $88,324 at 4% or $58,882 at 6%; with 50% employer match about $58,882 at 4% or $39,255 at 6%; with 100% employer match about $44,162 at 4% or $29,441 at 6%.
Andover Bank Employee Stock Ownership Plan-245$5,545,745$382,200$1,560iApproximate average salary by contribution assumption: employee only about $39,000 at 4% or $26,000 at 6%; with 50% employer match about $26,000 at 4% or $17,333 at 6%; with 100% employer match about $19,500 at 4% or $13,000 at 6%.
Andover Bank Long Term Disability Plan-241---
ANDOVER BANK MONEY PURCHASE PLAN-308---
19993243$4,542,398$0-
Andover Bank Employee Stock Ownership Plan-228$4,542,398--
Savings Bank Employees Group Insurance Fund Andover Bank-239---
Andover Bank Long Term Disability Plan-243---