Civic Intelligence

Danvers Savings Bank

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

EIN 04-3458120 • Danvers, MA • 50 filings • 17 plans

One Conant StreetDanvers, MA 01923
Current Snapshot

Latest Year

2011

2011 Participants

244

2011 Assets

$28,564,701

2011 Contributions

$1,524,979

Historical Graphs

Total Assets Over Time

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

$65,557,941$32,778,971$0199920052011YearValue
$28,564,701Latest year 2011

Participants Over Time

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

4392200199920052011YearValue
244Latest year 2011

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
20113244$28,564,701$1,524,979$6,250iApproximate average salary by contribution assumption: employee only about $156,248 at 4% or $104,165 at 6%; with 50% employer match about $104,165 at 4% or $69,443 at 6%; with 100% employer match about $78,124 at 4% or $52,083 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-244$28,564,701$1,524,979$6,250iApproximate average salary by contribution assumption: employee only about $156,248 at 4% or $104,165 at 6%; with 50% employer match about $104,165 at 4% or $69,443 at 6%; with 100% employer match about $78,124 at 4% or $52,083 at 6%.
Danversbank Flexible Spending Account-0---
Danversbank Life Insurance Plan-0---
20107439$65,557,941$4,591,352$10,459iApproximate average salary by contribution assumption: employee only about $261,467 at 4% or $174,311 at 6%; with 50% employer match about $174,311 at 4% or $116,207 at 6%; with 100% employer match about $130,733 at 4% or $87,156 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-439$34,010,430$3,382,581$7,705iApproximate average salary by contribution assumption: employee only about $192,630 at 4% or $128,420 at 6%; with 50% employer match about $128,420 at 4% or $85,613 at 6%; with 100% employer match about $96,315 at 4% or $64,210 at 6%.
DANVERSBANK EMPLOYEE STOCK OWNERSHIP PLAN-260$25,273,161$915,947$3,523iApproximate average salary by contribution assumption: employee only about $88,072 at 4% or $58,715 at 6%; with 50% employer match about $58,715 at 4% or $39,143 at 6%; with 100% employer match about $44,036 at 4% or $29,357 at 6%.
THE RETIREMENT PLAN FOR EMPLOYEES OF BEVERLY NATIONAL BANK-33$6,274,350$292,734$8,871iApproximate average salary by contribution assumption: employee only about $221,768 at 4% or $147,845 at 6%; with 50% employer match about $147,845 at 4% or $98,564 at 6%; with 100% employer match about $110,884 at 4% or $73,923 at 6%.
The Beverly National Bank 401(K) Profit Sharing Plan-0-$90-
Danversbank Flexible Spending Account-175---
BEVERLY NATIONAL BANK EMPLOYEE STOCK OWNERSHIP PLAN-0---
Danversbank Life Insurance Plan-393---
20097337$53,918,273$3,753,869$11,139iApproximate average salary by contribution assumption: employee only about $278,477 at 4% or $185,651 at 6%; with 50% employer match about $185,651 at 4% or $123,768 at 6%; with 100% employer match about $139,238 at 4% or $92,826 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-337$20,882,539$2,003,379$5,945iApproximate average salary by contribution assumption: employee only about $148,619 at 4% or $99,079 at 6%; with 50% employer match about $99,079 at 4% or $66,053 at 6%; with 100% employer match about $74,309 at 4% or $49,540 at 6%.
DANVERSBANK EMPLOYEE STOCK OWNERSHIP PLAN-240$18,543,740$884,364$3,685iApproximate average salary by contribution assumption: employee only about $92,121 at 4% or $61,414 at 6%; with 50% employer match about $61,414 at 4% or $40,943 at 6%; with 100% employer match about $46,061 at 4% or $30,707 at 6%.
The Beverly National Bank 401(K) Profit Sharing Plan-98$6,670,817$866,126$8,838iApproximate average salary by contribution assumption: employee only about $220,951 at 4% or $147,300 at 6%; with 50% employer match about $147,300 at 4% or $98,200 at 6%; with 100% employer match about $110,475 at 4% or $73,650 at 6%.
THE RETIREMENT PLAN FOR EMPLOYEES OF BEVERLY NATIONAL BANK-42$5,793,432--
BEVERLY NATIONAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-87$2,027,745--
Danversbank Flexible Spending Account-157---
Danversbank Life Insurance Plan-324---
20083285$19,084,338$1,314,288$4,612iApproximate average salary by contribution assumption: employee only about $115,288 at 4% or $76,859 at 6%; with 50% employer match about $76,859 at 4% or $51,239 at 6%; with 100% employer match about $57,644 at 4% or $38,429 at 6%.
DANVERSBANK EMPLOYEE STOCK OWNERSHIP PLAN-216$19,084,338$1,314,288$6,085iApproximate average salary by contribution assumption: employee only about $152,117 at 4% or $101,411 at 6%; with 50% employer match about $101,411 at 4% or $67,607 at 6%; with 100% employer match about $76,058 at 4% or $50,706 at 6%.
Danversbank Life Insurance Plan-285---
Danversbank Flexible Spending Account-151---
20075316$34,561,766$6,509,497$20,600iApproximate average salary by contribution assumption: employee only about $514,992 at 4% or $343,328 at 6%; with 50% employer match about $343,328 at 4% or $228,885 at 6%; with 100% employer match about $257,496 at 4% or $171,664 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERSBANK-316$17,684,051$2,367,381$7,492iApproximate average salary by contribution assumption: employee only about $187,293 at 4% or $124,862 at 6%; with 50% employer match about $124,862 at 4% or $83,241 at 6%; with 100% employer match about $93,646 at 4% or $62,431 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-292$16,877,715$4,142,116$14,185iApproximate average salary by contribution assumption: employee only about $354,633 at 4% or $236,422 at 6%; with 50% employer match about $236,422 at 4% or $157,615 at 6%; with 100% employer match about $177,317 at 4% or $118,211 at 6%.
Danversbank Flexible Spending Account-138---
DANVERSBANK EMPLOYEE STOCK OWNERSHIP PLAN-0---
Danversbank Life Insurance Plan-276---
20064300$12,641,180$1,999,401$6,665iApproximate average salary by contribution assumption: employee only about $166,617 at 4% or $111,078 at 6%; with 50% employer match about $111,078 at 4% or $74,052 at 6%; with 100% employer match about $83,308 at 4% or $55,539 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-300$12,383,420$1,999,401$6,665iApproximate average salary by contribution assumption: employee only about $166,617 at 4% or $111,078 at 6%; with 50% employer match about $111,078 at 4% or $74,052 at 6%; with 100% employer match about $83,308 at 4% or $55,539 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERSBANK-0$257,760--
Danversbank Life Insurance Plan-253---
Danversbank Flexible Spending Account-139---
20055278$14,217,648$1,681,259$6,048iApproximate average salary by contribution assumption: employee only about $151,192 at 4% or $100,795 at 6%; with 50% employer match about $100,795 at 4% or $67,197 at 6%; with 100% employer match about $75,596 at 4% or $50,397 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-278$9,596,192$1,681,259$6,048iApproximate average salary by contribution assumption: employee only about $151,192 at 4% or $100,795 at 6%; with 50% employer match about $100,795 at 4% or $67,197 at 6%; with 100% employer match about $75,596 at 4% or $50,397 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERSBANK-132$4,621,456--
Danversbank Life Insurance Plan-230---
Danversbank Flexible Spending Account-111---
DANVERSBANK SHORT TERM DISABILITY PLAN-184---
20043271$12,343,026$1,904,742$7,029iApproximate average salary by contribution assumption: employee only about $175,714 at 4% or $117,143 at 6%; with 50% employer match about $117,143 at 4% or $78,095 at 6%; with 100% employer match about $87,857 at 4% or $58,571 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-271$7,686,029$1,904,742$7,029iApproximate average salary by contribution assumption: employee only about $175,714 at 4% or $117,143 at 6%; with 50% employer match about $117,143 at 4% or $78,095 at 6%; with 100% employer match about $87,857 at 4% or $58,571 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERS SAVINGS BANK-153$4,656,997--
Danversbank Life Insurance Plan-234---
20033263$10,384,806$1,337,655$5,086iApproximate average salary by contribution assumption: employee only about $127,154 at 4% or $84,769 at 6%; with 50% employer match about $84,769 at 4% or $56,513 at 6%; with 100% employer match about $63,577 at 4% or $42,385 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-263$5,972,019$1,337,655$5,086iApproximate average salary by contribution assumption: employee only about $127,154 at 4% or $84,769 at 6%; with 50% employer match about $84,769 at 4% or $56,513 at 6%; with 100% employer match about $63,577 at 4% or $42,385 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERS SAVINGS BANK-165$4,412,787--
Danversbank Life Insurance Plan-204---
20023274$8,582,128$1,111,010$4,055iApproximate average salary by contribution assumption: employee only about $101,370 at 4% or $67,580 at 6%; with 50% employer match about $67,580 at 4% or $45,053 at 6%; with 100% employer match about $50,685 at 4% or $33,790 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-274$4,430,101$950,082$3,467iApproximate average salary by contribution assumption: employee only about $86,686 at 4% or $57,791 at 6%; with 50% employer match about $57,791 at 4% or $38,527 at 6%; with 100% employer match about $43,343 at 4% or $28,895 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERS SAVINGS BANK-194$4,152,027$160,928$830iApproximate average salary by contribution assumption: employee only about $20,738 at 4% or $13,825 at 6%; with 50% employer match about $13,825 at 4% or $9,217 at 6%; with 100% employer match about $10,369 at 4% or $6,913 at 6%.
DANVERS SAVINGS BANK LIFE INSURANCE PLAN-222---
20013244$9,353,427$2,463,059$10,095iApproximate average salary by contribution assumption: employee only about $252,363 at 4% or $168,242 at 6%; with 50% employer match about $168,242 at 4% or $112,161 at 6%; with 100% employer match about $126,181 at 4% or $84,121 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERS SAVINGS BANK-178$4,852,597$270,295$1,519iApproximate average salary by contribution assumption: employee only about $37,963 at 4% or $25,309 at 6%; with 50% employer match about $25,309 at 4% or $16,872 at 6%; with 100% employer match about $18,981 at 4% or $12,654 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-244$4,500,830$2,192,764$8,987iApproximate average salary by contribution assumption: employee only about $224,668 at 4% or $149,779 at 6%; with 50% employer match about $149,779 at 4% or $99,853 at 6%; with 100% employer match about $112,334 at 4% or $74,889 at 6%.
DANVERS SAVINGS BANK LIFE INSURANCE PLAN-223---
20003202$7,714,778$540,852$2,677iApproximate average salary by contribution assumption: employee only about $66,937 at 4% or $44,625 at 6%; with 50% employer match about $44,625 at 4% or $29,750 at 6%; with 100% employer match about $33,469 at 4% or $22,312 at 6%.
SBERA PENSION PLAN AS ADOPTED BY DANVERS SAVINGS BANK-136$5,147,299$21,727$160iApproximate average salary by contribution assumption: employee only about $3,994 at 4% or $2,663 at 6%; with 50% employer match about $2,663 at 4% or $1,775 at 6%; with 100% employer match about $1,997 at 4% or $1,331 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-156$2,567,479$519,125$3,328iApproximate average salary by contribution assumption: employee only about $83,193 at 4% or $55,462 at 6%; with 50% employer match about $55,462 at 4% or $36,975 at 6%; with 100% employer match about $41,597 at 4% or $27,731 at 6%.
DANVERS SAVINGS BANK LIFE INSURANCE PLAN-202---
19991134$2,278,964$51,718$386iApproximate average salary by contribution assumption: employee only about $9,649 at 4% or $6,433 at 6%; with 50% employer match about $6,433 at 4% or $4,288 at 6%; with 100% employer match about $4,824 at 4% or $3,216 at 6%.
Sbera 401K Plan as Adopted by Danvers Savings Bank-134$2,278,964$51,718$386iApproximate average salary by contribution assumption: employee only about $9,649 at 4% or $6,433 at 6%; with 50% employer match about $6,433 at 4% or $4,288 at 6%; with 100% employer match about $4,824 at 4% or $3,216 at 6%.