Civic Intelligence

Massbank

Plan context: Massbank Employees Stock Ownership Plan

EIN 04-1611290 • 34 filings • 10 plans

Current Snapshot

Latest Year

2008

2008 Participants

101

2008 Assets

$7,836,075

2008 Contributions

$156,000

Historical Graphs

Total Assets Over Time

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

$19,011,069$9,505,535$0199920032007YearValue
$7,836,075Latest year 2007

Participants Over Time

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

134670199920042008YearValue
101Latest year 2008

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
20083101$0$0-
Savings Bank Employees Group Insurance Fund Massbank for Savings-0---
Savings Bank Employees Group Insurance Fund Massbank for Savings-101---
MASSBANK-67---
20073113$7,836,075$156,000$1,381iApproximate average salary by contribution assumption: employee only about $34,513 at 4% or $23,009 at 6%; with 50% employer match about $23,009 at 4% or $15,339 at 6%; with 100% employer match about $17,257 at 4% or $11,504 at 6%.
Massbank Employees Stock Ownership Plan-104$7,836,075$156,000$1,500iApproximate average salary by contribution assumption: employee only about $37,500 at 4% or $25,000 at 6%; with 50% employer match about $25,000 at 4% or $16,667 at 6%; with 100% employer match about $18,750 at 4% or $12,500 at 6%.
Savings Bank Employees Group Insurance Fund Massbank for Savings-113---
MASSBANK AUTOMATIC PREMIUM PZAN-86---
20064108$19,011,069$620,204$5,743iApproximate average salary by contribution assumption: employee only about $143,566 at 4% or $95,710 at 6%; with 50% employer match about $95,710 at 4% or $63,807 at 6%; with 100% employer match about $71,783 at 4% or $47,855 at 6%.
Sbera Pension Plan as Adopted by Massbank-108$11,786,100$457,204$4,233iApproximate average salary by contribution assumption: employee only about $105,834 at 4% or $70,556 at 6%; with 50% employer match about $70,556 at 4% or $47,037 at 6%; with 100% employer match about $52,917 at 4% or $35,278 at 6%.
Massbank Employees Stock Ownership Plan-106$7,224,969$163,000$1,538iApproximate average salary by contribution assumption: employee only about $38,443 at 4% or $25,629 at 6%; with 50% employer match about $25,629 at 4% or $17,086 at 6%; with 100% employer match about $19,222 at 4% or $12,814 at 6%.
MASSBANK AUTOMATIC PREMIUM PLAN-89---
Savings Bank Employees Group Insurance Fund Massbank for Savings-104---
20054112$16,593,246$393,863$3,517iApproximate average salary by contribution assumption: employee only about $87,916 at 4% or $58,611 at 6%; with 50% employer match about $58,611 at 4% or $39,074 at 6%; with 100% employer match about $43,958 at 4% or $29,305 at 6%.
Sbera Pension Plan as Adopted by Massbank-112$10,490,273$239,863$2,142iApproximate average salary by contribution assumption: employee only about $53,541 at 4% or $35,694 at 6%; with 50% employer match about $35,694 at 4% or $23,796 at 6%; with 100% employer match about $26,770 at 4% or $17,847 at 6%.
Massbank Employees Stock Ownership Plan-110$6,102,973$154,000$1,400iApproximate average salary by contribution assumption: employee only about $35,000 at 4% or $23,333 at 6%; with 50% employer match about $23,333 at 4% or $15,556 at 6%; with 100% employer match about $17,500 at 4% or $11,667 at 6%.
Savings Bank Employees Group Insurance Fund Massbank for Savings-105---
MASSBANK AUTOMATIC PREMIUA PLAN-98---
20044110$16,065,068$754,044$6,855iApproximate average salary by contribution assumption: employee only about $171,374 at 4% or $114,249 at 6%; with 50% employer match about $114,249 at 4% or $76,166 at 6%; with 100% employer match about $85,687 at 4% or $57,125 at 6%.
Sbera Pension Plan as Adopted by Massbank-110$9,606,942$449,044$4,082iApproximate average salary by contribution assumption: employee only about $102,055 at 4% or $68,037 at 6%; with 50% employer match about $68,037 at 4% or $45,358 at 6%; with 100% employer match about $51,028 at 4% or $34,018 at 6%.
Massbank Employees Stock Ownership Plan-110$6,458,126$305,000$2,773iApproximate average salary by contribution assumption: employee only about $69,318 at 4% or $46,212 at 6%; with 50% employer match about $46,212 at 4% or $30,808 at 6%; with 100% employer match about $34,659 at 4% or $23,106 at 6%.
Savings Bank Employees Group Insurance Fund Massbank for Savings-102---
MASSBANK AUTOMATIC PREMIUM PLAN-100---
20034124$16,767,287$617,615$4,981iApproximate average salary by contribution assumption: employee only about $124,519 at 4% or $83,013 at 6%; with 50% employer match about $83,013 at 4% or $55,342 at 6%; with 100% employer match about $62,260 at 4% or $41,506 at 6%.
Sbera Pension Plan as Adopted by Massbank-124$9,003,008$456,819$3,684iApproximate average salary by contribution assumption: employee only about $92,101 at 4% or $61,400 at 6%; with 50% employer match about $61,400 at 4% or $40,934 at 6%; with 100% employer match about $46,050 at 4% or $30,700 at 6%.
Massbank Employees Stock Ownership Plan-122$7,764,279$160,796$1,318iApproximate average salary by contribution assumption: employee only about $32,950 at 4% or $21,967 at 6%; with 50% employer match about $21,967 at 4% or $14,644 at 6%; with 100% employer match about $16,475 at 4% or $10,983 at 6%.
Savings Bank Employees Group Insurance Fund Massbank for Savings-120---
MASSBANK AUTOMATIC PREMIUM PLAN-107---
20024134$8,106,339$504,966$3,768iApproximate average salary by contribution assumption: employee only about $94,210 at 4% or $62,807 at 6%; with 50% employer match about $62,807 at 4% or $41,871 at 6%; with 100% employer match about $47,105 at 4% or $31,403 at 6%.
Sbera Pension Plan as Adopted by Massbank-134$8,106,339$504,966$3,768iApproximate average salary by contribution assumption: employee only about $94,210 at 4% or $62,807 at 6%; with 50% employer match about $62,807 at 4% or $41,871 at 6%; with 100% employer match about $47,105 at 4% or $31,403 at 6%.
Savings Bank Employees Group Insurance Fund Massbank for Savings-21---
Massbank Employees Stock Ownership Plan-130---
MASSBANK AUTOMATIC PREMIUM PLAN-0---
20013128$13,522,890$102,510$801iApproximate average salary by contribution assumption: employee only about $20,021 at 4% or $13,348 at 6%; with 50% employer match about $13,348 at 4% or $8,898 at 6%; with 100% employer match about $10,011 at 4% or $6,674 at 6%.
Sbera Pension Plan as Adopted by Massbank-120$7,080,046$94,671$789iApproximate average salary by contribution assumption: employee only about $19,723 at 4% or $13,149 at 6%; with 50% employer match about $13,149 at 4% or $8,766 at 6%; with 100% employer match about $9,862 at 4% or $6,574 at 6%.
Massbank Employees Stock Ownership Plan-128$6,442,844$7,839$61iApproximate average salary by contribution assumption: employee only about $1,531 at 4% or $1,021 at 6%; with 50% employer match about $1,021 at 4% or $680 at 6%; with 100% employer match about $766 at 4% or $510 at 6%.
Savings Bank Employees Group Insurance Fund Massbank for Savings-123---
20002124$8,057,200$120,796$974iApproximate average salary by contribution assumption: employee only about $24,354 at 4% or $16,236 at 6%; with 50% employer match about $16,236 at 4% or $10,824 at 6%; with 100% employer match about $12,177 at 4% or $8,118 at 6%.
Sbera Pension Plan as Adopted by Massbank-121$8,057,200$120,796$998iApproximate average salary by contribution assumption: employee only about $24,958 at 4% or $16,639 at 6%; with 50% employer match about $16,639 at 4% or $11,092 at 6%; with 100% employer match about $12,479 at 4% or $8,319 at 6%.
Massbank Employees Stock Ownership Plan-124---
19993131$13,910,585$267,479$2,042iApproximate average salary by contribution assumption: employee only about $51,046 at 4% or $34,030 at 6%; with 50% employer match about $34,030 at 4% or $22,687 at 6%; with 100% employer match about $25,523 at 4% or $17,015 at 6%.
Sbera Pension Plan as Adopted by Massbank-131$9,272,027$100,641$768iApproximate average salary by contribution assumption: employee only about $19,206 at 4% or $12,804 at 6%; with 50% employer match about $12,804 at 4% or $8,536 at 6%; with 100% employer match about $9,603 at 4% or $6,402 at 6%.
Massbank Employees Stock Ownership Plan-128$4,638,558$166,838$1,303iApproximate average salary by contribution assumption: employee only about $32,586 at 4% or $21,724 at 6%; with 50% employer match about $21,724 at 4% or $14,482 at 6%; with 100% employer match about $16,293 at 4% or $10,862 at 6%.
Savings Bank Employees Group Insurance Fund Massbank for Savings-129---