Civic Intelligence

Florence Savings Bank

Plan context: Sbera 401K Plan as Adopted by Florence Savings Bank

EIN 04-1332530 • Florence, MA • 69 filings • 8 plans

85 Main StreetFlorence, MA 01062
Current Snapshot

Latest Year

2024

2024 Participants

310

2024 Assets

$35,401,416

2024 Contributions

$1,968,276

Historical Graphs

Total Assets Over Time

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

$77,405,004$38,702,502$0199920122024YearValue
$35,401,416Latest year 2024

Participants Over Time

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

3771890199920122024YearValue
310Latest year 2024

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
20242310$35,401,416$1,968,276$6,349iApproximate average salary by contribution assumption: employee only about $158,732 at 4% or $105,821 at 6%; with 50% employer match about $105,821 at 4% or $70,548 at 6%; with 100% employer match about $79,366 at 4% or $52,911 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-212$35,401,416$1,968,276$9,284iApproximate average salary by contribution assumption: employee only about $232,108 at 4% or $154,739 at 6%; with 50% employer match about $154,739 at 4% or $103,159 at 6%; with 100% employer match about $116,054 at 4% or $77,369 at 6%.
Florence Savings Bank Section 125 Plan-310---
20233317$77,405,004$1,974,154$6,228iApproximate average salary by contribution assumption: employee only about $155,690 at 4% or $103,794 at 6%; with 50% employer match about $103,794 at 4% or $69,196 at 6%; with 100% employer match about $77,845 at 4% or $51,897 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-52$47,177,121--
Sbera 401K Plan as Adopted by Florence Savings Bank-216$30,227,883$1,974,154$9,140iApproximate average salary by contribution assumption: employee only about $228,490 at 4% or $152,327 at 6%; with 50% employer match about $152,327 at 4% or $101,551 at 6%; with 100% employer match about $114,245 at 4% or $76,163 at 6%.
Florence Savings Bank Section 125 Plan-317---
20223312$64,193,981$1,968,180$6,308iApproximate average salary by contribution assumption: employee only about $157,707 at 4% or $105,138 at 6%; with 50% employer match about $105,138 at 4% or $70,092 at 6%; with 100% employer match about $78,853 at 4% or $52,569 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-53$38,999,428--
Sbera 401K Plan as Adopted by Florence Savings Bank-204$25,194,553$1,968,180$9,648iApproximate average salary by contribution assumption: employee only about $241,199 at 4% or $160,799 at 6%; with 50% employer match about $160,799 at 4% or $107,199 at 6%; with 100% employer match about $120,599 at 4% or $80,400 at 6%.
Florence Savings Bank Section 125 Plan-312---
20213321$69,494,798$2,973,808$9,264iApproximate average salary by contribution assumption: employee only about $231,605 at 4% or $154,403 at 6%; with 50% employer match about $154,403 at 4% or $102,936 at 6%; with 100% employer match about $115,802 at 4% or $77,202 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-57$39,405,234--
Sbera 401K Plan as Adopted by Florence Savings Bank-197$30,089,564$2,973,808$15,095iApproximate average salary by contribution assumption: employee only about $377,387 at 4% or $251,591 at 6%; with 50% employer match about $251,591 at 4% or $167,727 at 6%; with 100% employer match about $188,693 at 4% or $125,796 at 6%.
Florence Savings Bank Section 125 Plan-321---
20203316$75,861,981$1,739,979$5,506iApproximate average salary by contribution assumption: employee only about $137,657 at 4% or $91,771 at 6%; with 50% employer match about $91,771 at 4% or $61,181 at 6%; with 100% employer match about $68,828 at 4% or $45,886 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-65$49,737,295--
Sbera 401K Plan as Adopted by Florence Savings Bank-194$26,124,686$1,739,979$8,969iApproximate average salary by contribution assumption: employee only about $224,224 at 4% or $149,483 at 6%; with 50% employer match about $149,483 at 4% or $99,655 at 6%; with 100% employer match about $112,112 at 4% or $74,741 at 6%.
Florence Savings Bank Section 125 Plan-316---
20193336$66,411,503$14,514,607$43,198iApproximate average salary by contribution assumption: employee only about $1,079,956 at 4% or $719,971 at 6%; with 50% employer match about $719,971 at 4% or $479,980 at 6%; with 100% employer match about $539,978 at 4% or $359,985 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-71$43,651,246$12,000,000$169,014iApproximate average salary by contribution assumption: employee only about $4,225,352 at 4% or $2,816,901 at 6%; with 50% employer match about $2,816,901 at 4% or $1,877,934 at 6%; with 100% employer match about $2,112,676 at 4% or $1,408,451 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-219$22,760,257$2,514,607$11,482iApproximate average salary by contribution assumption: employee only about $287,056 at 4% or $191,370 at 6%; with 50% employer match about $191,370 at 4% or $127,580 at 6%; with 100% employer match about $143,528 at 4% or $95,685 at 6%.
Florence Savings Bank Section 125 Plan-336---
20183366$48,526,224$3,611,020$9,866iApproximate average salary by contribution assumption: employee only about $246,654 at 4% or $164,436 at 6%; with 50% employer match about $164,436 at 4% or $109,624 at 6%; with 100% employer match about $123,327 at 4% or $82,218 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-73$30,934,293$2,000,000$27,397iApproximate average salary by contribution assumption: employee only about $684,932 at 4% or $456,621 at 6%; with 50% employer match about $456,621 at 4% or $304,414 at 6%; with 100% employer match about $342,466 at 4% or $228,311 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-216$17,591,931$1,611,020$7,458iApproximate average salary by contribution assumption: employee only about $186,461 at 4% or $124,307 at 6%; with 50% employer match about $124,307 at 4% or $82,871 at 6%; with 100% employer match about $93,230 at 4% or $62,154 at 6%.
Florence Savings Bank Section 125 Plan-366---
20173372$45,812,240$3,412,714$9,174iApproximate average salary by contribution assumption: employee only about $229,349 at 4% or $152,899 at 6%; with 50% employer match about $152,899 at 4% or $101,933 at 6%; with 100% employer match about $114,675 at 4% or $76,450 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-79$26,585,659$2,000,000$25,316iApproximate average salary by contribution assumption: employee only about $632,911 at 4% or $421,941 at 6%; with 50% employer match about $421,941 at 4% or $281,294 at 6%; with 100% employer match about $316,456 at 4% or $210,970 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-220$19,226,581$1,412,714$6,421iApproximate average salary by contribution assumption: employee only about $160,536 at 4% or $107,024 at 6%; with 50% employer match about $107,024 at 4% or $71,349 at 6%; with 100% employer match about $80,268 at 4% or $53,512 at 6%.
Florence Savings Bank Section 125 Plan-372---
20163364$42,081,072$3,134,402$8,611iApproximate average salary by contribution assumption: employee only about $215,275 at 4% or $143,517 at 6%; with 50% employer match about $143,517 at 4% or $95,678 at 6%; with 100% employer match about $107,637 at 4% or $71,758 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-93$26,066,395$2,000,000$21,505iApproximate average salary by contribution assumption: employee only about $537,634 at 4% or $358,423 at 6%; with 50% employer match about $358,423 at 4% or $238,949 at 6%; with 100% employer match about $268,817 at 4% or $179,211 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-212$16,014,677$1,134,402$5,351iApproximate average salary by contribution assumption: employee only about $133,774 at 4% or $89,183 at 6%; with 50% employer match about $89,183 at 4% or $59,455 at 6%; with 100% employer match about $66,887 at 4% or $44,591 at 6%.
Florence Savings Bank Section 125 Plan-364---
20153375$36,767,913$3,467,150$9,246iApproximate average salary by contribution assumption: employee only about $231,143 at 4% or $154,096 at 6%; with 50% employer match about $154,096 at 4% or $102,730 at 6%; with 100% employer match about $115,572 at 4% or $77,048 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-105$21,560,976$2,000,000$19,048iApproximate average salary by contribution assumption: employee only about $476,190 at 4% or $317,460 at 6%; with 50% employer match about $317,460 at 4% or $211,640 at 6%; with 100% employer match about $238,095 at 4% or $158,730 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-219$15,206,937$1,467,150$6,699iApproximate average salary by contribution assumption: employee only about $167,483 at 4% or $111,655 at 6%; with 50% employer match about $111,655 at 4% or $74,437 at 6%; with 100% employer match about $83,741 at 4% or $55,828 at 6%.
Florence Savings Bank Section 125 Plan-375---
20143377$35,367,427$1,049,438$2,784iApproximate average salary by contribution assumption: employee only about $69,591 at 4% or $46,394 at 6%; with 50% employer match about $46,394 at 4% or $30,930 at 6%; with 100% employer match about $34,796 at 4% or $23,197 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-111$20,312,886--
Sbera 401K Plan as Adopted by Florence Savings Bank-208$15,054,541$1,049,438$5,045iApproximate average salary by contribution assumption: employee only about $126,134 at 4% or $84,090 at 6%; with 50% employer match about $84,090 at 4% or $56,060 at 6%; with 100% employer match about $63,067 at 4% or $42,045 at 6%.
Florence Savings Bank Section 125 Plan-377---
20133376$34,818,606$1,548,451$4,118iApproximate average salary by contribution assumption: employee only about $102,956 at 4% or $68,637 at 6%; with 50% employer match about $68,637 at 4% or $45,758 at 6%; with 100% employer match about $51,478 at 4% or $34,319 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-123$20,767,853--
Sbera 401K Plan as Adopted by Florence Savings Bank-216$14,050,753$1,548,451$7,169iApproximate average salary by contribution assumption: employee only about $179,219 at 4% or $119,479 at 6%; with 50% employer match about $119,479 at 4% or $79,653 at 6%; with 100% employer match about $89,609 at 4% or $59,740 at 6%.
Florence Savings Bank Section 125 Plan-376---
20123219$30,891,610$2,170,658$9,912iApproximate average salary by contribution assumption: employee only about $247,792 at 4% or $165,195 at 6%; with 50% employer match about $165,195 at 4% or $110,130 at 6%; with 100% employer match about $123,896 at 4% or $82,597 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-133$19,880,996$1,200,000$9,023iApproximate average salary by contribution assumption: employee only about $225,564 at 4% or $150,376 at 6%; with 50% employer match about $150,376 at 4% or $100,251 at 6%; with 100% employer match about $112,782 at 4% or $75,188 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-219$11,010,614$970,658$4,432iApproximate average salary by contribution assumption: employee only about $110,806 at 4% or $73,870 at 6%; with 50% employer match about $73,870 at 4% or $49,247 at 6%; with 100% employer match about $55,403 at 4% or $36,935 at 6%.
Florence Savings Bank Section 125 Plan-204---
20113199$26,484,010$2,823,180$14,187iApproximate average salary by contribution assumption: employee only about $354,671 at 4% or $236,447 at 6%; with 50% employer match about $236,447 at 4% or $157,631 at 6%; with 100% employer match about $177,335 at 4% or $118,224 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-143$17,197,854$2,000,000$13,986iApproximate average salary by contribution assumption: employee only about $349,650 at 4% or $233,100 at 6%; with 50% employer match about $233,100 at 4% or $155,400 at 6%; with 100% employer match about $174,825 at 4% or $116,550 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-175$9,286,156$823,180$4,704iApproximate average salary by contribution assumption: employee only about $117,597 at 4% or $78,398 at 6%; with 50% employer match about $78,398 at 4% or $52,265 at 6%; with 100% employer match about $58,799 at 4% or $39,199 at 6%.
Florence Savings Bank Section 125 Plan-199---
20103193$22,902,641$2,866,683$14,853iApproximate average salary by contribution assumption: employee only about $371,332 at 4% or $247,555 at 6%; with 50% employer match about $247,555 at 4% or $165,036 at 6%; with 100% employer match about $185,666 at 4% or $123,777 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-154$14,172,631$2,000,000$12,987iApproximate average salary by contribution assumption: employee only about $324,675 at 4% or $216,450 at 6%; with 50% employer match about $216,450 at 4% or $144,300 at 6%; with 100% employer match about $162,338 at 4% or $108,225 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-180$8,730,010$866,683$4,815iApproximate average salary by contribution assumption: employee only about $120,373 at 4% or $80,248 at 6%; with 50% employer match about $80,248 at 4% or $53,499 at 6%; with 100% employer match about $60,186 at 4% or $40,124 at 6%.
Florence Savings Bank Section 125 Plan-193---
20093203$19,141,250$2,177,624$10,727iApproximate average salary by contribution assumption: employee only about $268,180 at 4% or $178,787 at 6%; with 50% employer match about $178,787 at 4% or $119,191 at 6%; with 100% employer match about $134,090 at 4% or $89,393 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-171$11,909,805$1,272,338$7,441iApproximate average salary by contribution assumption: employee only about $186,014 at 4% or $124,010 at 6%; with 50% employer match about $124,010 at 4% or $82,673 at 6%; with 100% employer match about $93,007 at 4% or $62,005 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-180$7,231,445$905,286$5,029iApproximate average salary by contribution assumption: employee only about $125,734 at 4% or $83,823 at 6%; with 50% employer match about $83,823 at 4% or $55,882 at 6%; with 100% employer match about $62,867 at 4% or $41,911 at 6%.
Florence Savings Bank Section 125 Plan-203---
20082193$5,318,883$722,797$3,745iApproximate average salary by contribution assumption: employee only about $93,627 at 4% or $62,418 at 6%; with 50% employer match about $62,418 at 4% or $41,612 at 6%; with 100% employer match about $46,813 at 4% or $31,209 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-169$5,318,883$722,797$4,277iApproximate average salary by contribution assumption: employee only about $106,923 at 4% or $71,282 at 6%; with 50% employer match about $71,282 at 4% or $47,521 at 6%; with 100% employer match about $53,461 at 4% or $35,641 at 6%.
Florence Savings Bank Section 125 Plan-193---
20073192$14,450,096$1,261,639$6,571iApproximate average salary by contribution assumption: employee only about $164,276 at 4% or $109,517 at 6%; with 50% employer match about $109,517 at 4% or $73,012 at 6%; with 100% employer match about $82,138 at 4% or $54,759 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-171$7,407,493$535,102$3,129iApproximate average salary by contribution assumption: employee only about $78,231 at 4% or $52,154 at 6%; with 50% employer match about $52,154 at 4% or $34,769 at 6%; with 100% employer match about $39,116 at 4% or $26,077 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-172$7,042,603$726,537$4,224iApproximate average salary by contribution assumption: employee only about $105,601 at 4% or $70,401 at 6%; with 50% employer match about $70,401 at 4% or $46,934 at 6%; with 100% employer match about $52,801 at 4% or $35,200 at 6%.
Florence Savings Bank Section 125 Plan-192---
20063192$16,171,138$1,355,021$7,057iApproximate average salary by contribution assumption: employee only about $176,435 at 4% or $117,623 at 6%; with 50% employer match about $117,623 at 4% or $78,416 at 6%; with 100% employer match about $88,218 at 4% or $58,812 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-173$9,748,059$569,529$3,292iApproximate average salary by contribution assumption: employee only about $82,302 at 4% or $54,868 at 6%; with 50% employer match about $54,868 at 4% or $36,579 at 6%; with 100% employer match about $41,151 at 4% or $27,434 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-178$6,423,079$785,492$4,413iApproximate average salary by contribution assumption: employee only about $110,322 at 4% or $73,548 at 6%; with 50% employer match about $73,548 at 4% or $49,032 at 6%; with 100% employer match about $55,161 at 4% or $36,774 at 6%.
Florence Savings Bank Section 125 Plan-192---
20052170$13,599,892$1,198,762$7,052iApproximate average salary by contribution assumption: employee only about $176,289 at 4% or $117,526 at 6%; with 50% employer match about $117,526 at 4% or $78,350 at 6%; with 100% employer match about $88,144 at 4% or $58,763 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-170$8,560,120$585,517$3,444iApproximate average salary by contribution assumption: employee only about $86,105 at 4% or $57,404 at 6%; with 50% employer match about $57,404 at 4% or $38,269 at 6%; with 100% employer match about $43,053 at 4% or $28,702 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-166$5,039,772$613,245$3,694iApproximate average salary by contribution assumption: employee only about $92,356 at 4% or $61,571 at 6%; with 50% employer match about $61,571 at 4% or $41,047 at 6%; with 100% employer match about $46,178 at 4% or $30,785 at 6%.
20042171$11,526,745$1,240,287$7,253iApproximate average salary by contribution assumption: employee only about $181,329 at 4% or $120,886 at 6%; with 50% employer match about $120,886 at 4% or $80,590 at 6%; with 100% employer match about $90,664 at 4% or $60,443 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-165$7,166,873$633,662$3,840iApproximate average salary by contribution assumption: employee only about $96,009 at 4% or $64,006 at 6%; with 50% employer match about $64,006 at 4% or $42,671 at 6%; with 100% employer match about $48,005 at 4% or $32,003 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-171$4,359,872$606,625$3,548iApproximate average salary by contribution assumption: employee only about $88,688 at 4% or $59,125 at 6%; with 50% employer match about $59,125 at 4% or $39,417 at 6%; with 100% employer match about $44,344 at 4% or $29,563 at 6%.
20032176$9,487,440$1,183,433$6,724iApproximate average salary by contribution assumption: employee only about $168,101 at 4% or $112,068 at 6%; with 50% employer match about $112,068 at 4% or $74,712 at 6%; with 100% employer match about $84,051 at 4% or $56,034 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-168$6,048,964$640,561$3,813iApproximate average salary by contribution assumption: employee only about $95,322 at 4% or $63,548 at 6%; with 50% employer match about $63,548 at 4% or $42,365 at 6%; with 100% employer match about $47,661 at 4% or $31,774 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-176$3,438,476$542,872$3,085iApproximate average salary by contribution assumption: employee only about $77,113 at 4% or $51,408 at 6%; with 50% employer match about $51,408 at 4% or $34,272 at 6%; with 100% employer match about $38,556 at 4% or $25,704 at 6%.
20022164$7,392,882$1,019,518$6,217iApproximate average salary by contribution assumption: employee only about $155,414 at 4% or $103,610 at 6%; with 50% employer match about $103,610 at 4% or $69,073 at 6%; with 100% employer match about $77,707 at 4% or $51,805 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-164$4,915,759$553,525$3,375iApproximate average salary by contribution assumption: employee only about $84,379 at 4% or $56,253 at 6%; with 50% employer match about $56,253 at 4% or $37,502 at 6%; with 100% employer match about $42,189 at 4% or $28,126 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-158$2,477,123$465,993$2,949iApproximate average salary by contribution assumption: employee only about $73,733 at 4% or $49,155 at 6%; with 50% employer match about $49,155 at 4% or $32,770 at 6%; with 100% employer match about $36,867 at 4% or $24,578 at 6%.
20012151$6,365,883$881,703$5,839iApproximate average salary by contribution assumption: employee only about $145,977 at 4% or $97,318 at 6%; with 50% employer match about $97,318 at 4% or $64,879 at 6%; with 100% employer match about $72,989 at 4% or $48,659 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-148$3,768,553$445,888$3,013iApproximate average salary by contribution assumption: employee only about $75,319 at 4% or $50,213 at 6%; with 50% employer match about $50,213 at 4% or $33,475 at 6%; with 100% employer match about $37,659 at 4% or $25,106 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-151$2,597,330$435,815$2,886iApproximate average salary by contribution assumption: employee only about $72,155 at 4% or $48,103 at 6%; with 50% employer match about $48,103 at 4% or $32,069 at 6%; with 100% employer match about $36,077 at 4% or $24,052 at 6%.
20002137$6,144,466$1,209,739$8,830iApproximate average salary by contribution assumption: employee only about $220,755 at 4% or $147,170 at 6%; with 50% employer match about $147,170 at 4% or $98,113 at 6%; with 100% employer match about $110,378 at 4% or $73,585 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-137$3,774,885$816,685$5,961iApproximate average salary by contribution assumption: employee only about $149,030 at 4% or $99,353 at 6%; with 50% employer match about $99,353 at 4% or $66,236 at 6%; with 100% employer match about $74,515 at 4% or $49,677 at 6%.
Sbera 401K Plan as Adopted by Florence Savings Bank-131$2,369,581$393,054$3,000iApproximate average salary by contribution assumption: employee only about $75,010 at 4% or $50,007 at 6%; with 50% employer match about $50,007 at 4% or $33,338 at 6%; with 100% employer match about $37,505 at 4% or $25,003 at 6%.
19992125$6,012,999$54,985$440iApproximate average salary by contribution assumption: employee only about $10,997 at 4% or $7,331 at 6%; with 50% employer match about $7,331 at 4% or $4,888 at 6%; with 100% employer match about $5,499 at 4% or $3,666 at 6%.
Sbera Pension Plan as Adopted by Florence Savings Bank-125$3,407,329--
Sbera 401K Plan as Adopted by Florence Savings Bank-125$2,605,670$54,985$440iApproximate average salary by contribution assumption: employee only about $10,997 at 4% or $7,331 at 6%; with 50% employer match about $7,331 at 4% or $4,888 at 6%; with 100% employer match about $5,499 at 4% or $3,666 at 6%.