Civic Intelligence

Needham Bank

Plan context: Needham Bank Defined Benefit Plan

EIN 84-3556185 • Needham, MA • 27 filings • 9 plans

1063 Great Plain AvenueNeedham, MA 02492
Current Snapshot

Latest Year

2025

2025 Participants

391

2025 Assets

$123,944,569

2025 Contributions

$328,466

Historical Graphs

Total Assets Over Time

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

$123,944,569$61,972,285$020232024YearValue
$123,944,569Latest year 2024

Participants Over Time

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

3911960202020222024YearValue
391Latest 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
202510$0$328,466-
Needham Bank Defined Benefit Plan-0$0$328,466-
20248391$123,944,569$14,119,607$36,112iApproximate average salary by contribution assumption: employee only about $902,788 at 4% or $601,859 at 6%; with 50% employer match about $601,859 at 4% or $401,239 at 6%; with 100% employer match about $451,394 at 4% or $300,929 at 6%.
Needham Bank Employee Stock Ownership Plan-285$61,827,355$5,094,900$17,877iApproximate average salary by contribution assumption: employee only about $446,921 at 4% or $297,947 at 6%; with 50% employer match about $297,947 at 4% or $198,632 at 6%; with 100% employer match about $223,461 at 4% or $148,974 at 6%.
Needham Bank 401(K) Plan-370$57,990,345$8,875,197$23,987iApproximate average salary by contribution assumption: employee only about $599,675 at 4% or $399,784 at 6%; with 50% employer match about $399,784 at 4% or $266,522 at 6%; with 100% employer match about $299,838 at 4% or $199,892 at 6%.
Needham Bank Defined Benefit Plan-13$4,126,869$149,510$11,501iApproximate average salary by contribution assumption: employee only about $287,519 at 4% or $191,679 at 6%; with 50% employer match about $191,679 at 4% or $127,786 at 6%; with 100% employer match about $143,760 at 4% or $95,840 at 6%.
Needham Bank Flexible Spending Plan-147---
Needham Bank Health Reimbursement Arrangement Plan-308---
Needham Bank Pfml Plan-391---
Needham Bank Group Accidentail Death & Dismemberment and Long Term Disability Plan-342---
Needham Bank Vision Service Plan-248---
20236344$59,481,847$3,686,788$10,717iApproximate average salary by contribution assumption: employee only about $267,935 at 4% or $178,623 at 6%; with 50% employer match about $178,623 at 4% or $119,082 at 6%; with 100% employer match about $133,968 at 4% or $89,312 at 6%.
Needham Bank 401(K) Plan-344$46,035,397$3,686,788$10,717iApproximate average salary by contribution assumption: employee only about $267,935 at 4% or $178,623 at 6%; with 50% employer match about $178,623 at 4% or $119,082 at 6%; with 100% employer match about $133,968 at 4% or $89,312 at 6%.
Needham Bank Employee Stock Ownership Plan-283$13,446,450--
Needham Bank Flexible Spending Plan-134---
Needham Bank Health Reimbursement Arrangement Plan-294---
Needham Bank Vision Service Plan-224---
Needham Bank Group Accidentail Death & Dismemberment and Long Term Disability Plan-317---
20224283$0$0-
Needham Bank Health Reimbursement Arrangement Plan-266---
Needham Bank Flexible Spending Plan-130---
Needham Bank Vision Service Plan-203---
Needham Bank Group Accidentail Death & Dismemberment and Long Term Disability Plan-283---
20214241$0$0-
Needham Bank Health Reimbursement Arrangement Plan-236---
Needham Bank Flexible Spending Plan-127---
Needham Bank Vision Service Plan-171---
Needham Bank Group Accidentail Death & Dismemberment and Long Term Disability Plan-241---
20204213$0$0-
Needham Bank Flexible Spending Plan-119---
Needham Bank Health Reimbursement Arrangement Plan-213---
Needham Bank Group Accidentail Death & Dismemberment and Long Term Disability Plan-210---
Needham Bank Vision Service Plan-154---