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SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 401k Plan overview

Plan NameSBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK
Plan identification number 002

SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ROCKLAND TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name:ROCKLAND TRUST COMPANY
Employer identification number (EIN):041466100
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01CHERYL HAYNES
0022017-01-01CHERYL HAYNES
0022016-01-01CHERYL HAYNES
0022015-01-01THOMAS FORESE JR
0022014-01-01THOMAS FORESE JR
0022013-01-01THOMAS FORESE JR
0022012-01-01THOMAS FORESE JR.
0022011-01-01THOMAS FORESE JR.
0022009-01-01THOMAS FORESE JR.

Plan Statistics for SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK

401k plan membership statisitcs for SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK

Measure Date Value
2020: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2020 401k membership
Total participants, beginning-of-year2020-01-01283
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2019 401k membership
Total participants, beginning-of-year2019-01-01290
Total number of active participants reported on line 7a of the Form 55002019-01-01232
Number of retired or separated participants receiving benefits2019-01-0112
Number of other retired or separated participants entitled to future benefits2019-01-0139
Total of all active and inactive participants2019-01-01283
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01283
Number of participants with account balances2019-01-01146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2018 401k membership
Total participants, beginning-of-year2018-01-01368
Total number of active participants reported on line 7a of the Form 55002018-01-01235
Number of retired or separated participants receiving benefits2018-01-018
Number of other retired or separated participants entitled to future benefits2018-01-0146
Total of all active and inactive participants2018-01-01289
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01289
Number of participants with account balances2018-01-01266
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2017 401k membership
Total participants, beginning-of-year2017-01-01342
Total number of active participants reported on line 7a of the Form 55002017-01-01238
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01128
Total of all active and inactive participants2017-01-01366
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01366
Number of participants with account balances2017-01-01337
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2016 401k membership
Total participants, beginning-of-year2016-01-01338
Total number of active participants reported on line 7a of the Form 55002016-01-01223
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0197
Total of all active and inactive participants2016-01-01320
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01320
Number of participants with account balances2016-01-01293
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2015 401k membership
Total participants, beginning-of-year2015-01-01267
Total number of active participants reported on line 7a of the Form 55002015-01-01233
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01105
Total of all active and inactive participants2015-01-01338
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01338
Number of participants with account balances2015-01-01314
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2014 401k membership
Total participants, beginning-of-year2014-01-01241
Total number of active participants reported on line 7a of the Form 55002014-01-01219
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0148
Total of all active and inactive participants2014-01-01267
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01267
Number of participants with account balances2014-01-01232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2013 401k membership
Total participants, beginning-of-year2013-01-01171
Total number of active participants reported on line 7a of the Form 55002013-01-01204
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0137
Total of all active and inactive participants2013-01-01241
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01241
Number of participants with account balances2013-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2012 401k membership
Total participants, beginning-of-year2012-01-01129
Total number of active participants reported on line 7a of the Form 55002012-01-01136
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0135
Total of all active and inactive participants2012-01-01171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01171
Number of participants with account balances2012-01-01148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2011 401k membership
Total participants, beginning-of-year2011-01-01102
Total number of active participants reported on line 7a of the Form 55002011-01-0198
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0131
Total of all active and inactive participants2011-01-01129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01129
Number of participants with account balances2011-01-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2009 401k membership
Total participants, beginning-of-year2009-01-01113
Total number of active participants reported on line 7a of the Form 55002009-01-0183
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0128
Total of all active and inactive participants2009-01-01111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01111
Number of participants with account balances2009-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK

Measure Date Value
2020 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-06-10$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-06-10$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-06-10$0
Total income from all sources (including contributions)2020-06-10$-548,170
Total loss/gain on sale of assets2020-06-10$0
Total of all expenses incurred2020-06-10$4,783,546
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-06-10$4,752,266
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-06-10$0
Value of total assets at end of year2020-06-10$0
Value of total assets at beginning of year2020-06-10$5,331,716
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-06-10$31,280
Total interest from all sources2020-06-10$2,385
Total dividends received (eg from common stock, registered investment company shares)2020-06-10$19,896
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-06-10Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2020-06-10$0
Total dividends received from registered investment company shares (eg mutual funds)2020-06-10$19,896
Was this plan covered by a fidelity bond2020-06-10Yes
Value of fidelity bond cover2020-06-10$1,000,000
If this is an individual account plan, was there a blackout period2020-06-10No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-06-10$0
Were there any nonexempt tranactions with any party-in-interest2020-06-10No
Participant contributions at end of year2020-06-10$0
Participant contributions at beginning of year2020-06-10$92,343
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-06-10No
Value of net income/loss2020-06-10$-5,331,716
Value of net assets at end of year (total assets less liabilities)2020-06-10$0
Value of net assets at beginning of year (total assets less liabilities)2020-06-10$5,331,716
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-06-10No
Were any loans by the plan or fixed income obligations due to the plan in default2020-06-10No
Were any leases to which the plan was party in default or uncollectible2020-06-10No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-06-10$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-06-10$5,028,527
Interest earned on other investments2020-06-10$2,385
Value of interest in common/collective trusts at end of year2020-06-10$0
Value of interest in common/collective trusts at beginning of year2020-06-10$210,739
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-06-10$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-06-10$107
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-06-10$107
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-06-10$-570,150
Net investment gain or loss from common/collective trusts2020-06-10$-301
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-06-10No
Was there a failure to transmit to the plan any participant contributions2020-06-10No
Has the plan failed to provide any benefit when due under the plan2020-06-10No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-06-10$4,752,266
Contract administrator fees2020-06-10$31,280
Did the plan have assets held for investment2020-06-10No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-06-10No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-06-10Yes
Opinion of an independent qualified public accountant for this plan2020-06-10Disclaimer
Accountancy firm name2020-06-10WOLF & COMPANY, P.C.
Accountancy firm EIN2020-06-10042689883
2019 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$4,964,233
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$23,302,273
Total of all expenses incurred2019-12-31$23,302,273
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$23,241,547
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,290,736
Value of total assets at end of year2019-12-31$5,331,716
Value of total assets at end of year2019-12-31$5,331,716
Value of total assets at beginning of year2019-12-31$23,669,756
Value of total assets at beginning of year2019-12-31$23,669,756
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$60,726
Total interest from all sources2019-12-31$12,834
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,697,222
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,697,222
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$921,983
Participant contributions at end of year2019-12-31$92,343
Participant contributions at end of year2019-12-31$92,343
Participant contributions at beginning of year2019-12-31$524,674
Participant contributions at beginning of year2019-12-31$524,674
Assets. Other investments not covered elsewhere at end of year2019-12-31$791,894
Assets. Other investments not covered elsewhere at end of year2019-12-31$791,894
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$8,492,094
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$8,492,094
Other income not declared elsewhere2019-12-31$1,044,276
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$-18,338,040
Value of net income/loss2019-12-31$-18,338,040
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,331,716
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,331,716
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$23,669,756
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$23,669,756
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$32,459
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$4,216,291
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$4,216,291
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$12,896,518
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$12,896,518
Interest on participant loans2019-12-31$12,834
Interest on participant loans2019-12-31$12,834
Value of interest in common/collective trusts at end of year2019-12-31$210,738
Value of interest in common/collective trusts at end of year2019-12-31$210,738
Value of interest in common/collective trusts at beginning of year2019-12-31$918,344
Value of interest in common/collective trusts at beginning of year2019-12-31$918,344
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$20,450
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$20,450
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$17
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$17
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$17
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$17
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$912,047
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$912,047
Net investment gain or loss from common/collective trusts2019-12-31$7,118
Net investment gain or loss from common/collective trusts2019-12-31$7,118
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$368,753
Contributions received in cash from employer2019-12-31$368,753
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$838,109
Employer contributions (assets) at beginning of year2019-12-31$838,109
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$23,241,547
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$23,241,547
Contract administrator fees2019-12-31$28,267
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WOLF & COMPANY, P.C.
Accountancy firm name2019-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2019-12-31042689883
Accountancy firm EIN2019-12-31042689883
2018 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$3,134,129
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$2,199,985
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,137,939
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,886,227
Value of total assets at end of year2018-12-31$23,669,756
Value of total assets at beginning of year2018-12-31$22,735,612
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$62,046
Total interest from all sources2018-12-31$19,781
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$829,627
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$829,627
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,758,012
Participant contributions at end of year2018-12-31$524,674
Participant contributions at beginning of year2018-12-31$376,443
Assets. Other investments not covered elsewhere at end of year2018-12-31$8,492,094
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$8,460,745
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$290,106
Other income not declared elsewhere2018-12-31$560,613
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$934,144
Value of net assets at end of year (total assets less liabilities)2018-12-31$23,669,756
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$22,735,612
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$49,195
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$12,896,518
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$12,214,080
Income. Interest from loans (other than to participants)2018-12-31$19,781
Value of interest in common/collective trusts at end of year2018-12-31$918,344
Value of interest in common/collective trusts at beginning of year2018-12-31$893,881
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$17
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$5,600
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$5,600
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,178,349
Net investment gain or loss from common/collective trusts2018-12-31$16,230
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$838,109
Employer contributions (assets) at end of year2018-12-31$838,109
Employer contributions (assets) at beginning of year2018-12-31$784,863
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,137,939
Contract administrator fees2018-12-31$12,851
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2018-12-31042689883
2017 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$5,108,360
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$722,503
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$678,328
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$2,449,308
Value of total assets at end of year2017-12-31$22,735,612
Value of total assets at beginning of year2017-12-31$18,349,755
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$44,175
Total interest from all sources2017-12-31$14,344
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$284,314
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$284,314
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$8,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,585,682
Participant contributions at end of year2017-12-31$376,443
Participant contributions at beginning of year2017-12-31$352,283
Assets. Other investments not covered elsewhere at end of year2017-12-31$8,460,745
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$85
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$78,763
Other income not declared elsewhere2017-12-31$252,323
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$4,385,857
Value of net assets at end of year (total assets less liabilities)2017-12-31$22,735,612
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$18,349,755
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$38,475
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$12,214,080
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$16,700,009
Interest on participant loans2017-12-31$14,344
Value of interest in common/collective trusts at end of year2017-12-31$893,881
Value of interest in common/collective trusts at beginning of year2017-12-31$573,807
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$5,600
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$15,836
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$15,836
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$2,096,731
Net investment gain or loss from common/collective trusts2017-12-31$11,340
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$784,863
Employer contributions (assets) at end of year2017-12-31$784,863
Employer contributions (assets) at beginning of year2017-12-31$707,735
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$678,328
Contract administrator fees2017-12-31$5,700
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2017-12-31042689883
2016 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$4,518,968
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$937,560
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$925,903
Value of total corrective distributions2016-12-31$4,175
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,340,306
Value of total assets at end of year2016-12-31$18,349,755
Value of total assets at beginning of year2016-12-31$14,768,347
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$7,482
Total interest from all sources2016-12-31$11,329
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$136,507
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$136,507
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,445,574
Participant contributions at end of year2016-12-31$352,283
Participant contributions at beginning of year2016-12-31$245,368
Assets. Other investments not covered elsewhere at end of year2016-12-31$85
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$186,997
Other income not declared elsewhere2016-12-31$25,860
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$3,581,408
Value of net assets at end of year (total assets less liabilities)2016-12-31$18,349,755
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$14,768,347
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$5,347
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$16,700,009
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Interest on participant loans2016-12-31$11,329
Value of interest in common/collective trusts at end of year2016-12-31$573,807
Value of interest in common/collective trusts at beginning of year2016-12-31$13,891,142
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$15,836
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$2,002,178
Net investment gain or loss from common/collective trusts2016-12-31$2,788
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$707,735
Employer contributions (assets) at end of year2016-12-31$707,735
Employer contributions (assets) at beginning of year2016-12-31$631,837
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$925,903
Contract administrator fees2016-12-31$2,135
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2016-12-31042689883
2015 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$2,881,135
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$760,085
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$756,276
Expenses. Certain deemed distributions of participant loans2015-12-31$3,809
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,194,852
Value of total assets at end of year2015-12-31$14,768,347
Value of total assets at beginning of year2015-12-31$12,647,297
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$0
Total interest from all sources2015-12-31$9,574
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,307,722
Participant contributions at end of year2015-12-31$245,368
Participant contributions at beginning of year2015-12-31$264,604
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$255,293
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$2,121,050
Value of net assets at end of year (total assets less liabilities)2015-12-31$14,768,347
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$12,647,297
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Interest on participant loans2015-12-31$9,574
Value of interest in common/collective trusts at end of year2015-12-31$13,891,142
Value of interest in common/collective trusts at beginning of year2015-12-31$11,882,881
Net investment gain or loss from common/collective trusts2015-12-31$676,709
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$631,837
Employer contributions (assets) at end of year2015-12-31$631,837
Employer contributions (assets) at beginning of year2015-12-31$499,812
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$756,276
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2015-12-31042689883
2014 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$7,127,303
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$389,988
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$327,973
Value of total corrective distributions2014-12-31$62,015
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$5,311,576
Value of total assets at end of year2014-12-31$12,647,297
Value of total assets at beginning of year2014-12-31$5,909,982
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$0
Total interest from all sources2014-12-31$9,493
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,050,608
Participant contributions at end of year2014-12-31$264,604
Participant contributions at beginning of year2014-12-31$194,552
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$3,761,156
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$6,737,315
Value of net assets at end of year (total assets less liabilities)2014-12-31$12,647,297
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$5,909,982
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Interest on participant loans2014-12-31$9,493
Value of interest in common/collective trusts at end of year2014-12-31$11,882,881
Value of interest in common/collective trusts at beginning of year2014-12-31$5,715,430
Net investment gain or loss from common/collective trusts2014-12-31$1,806,234
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$499,812
Employer contributions (assets) at end of year2014-12-31$499,812
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$327,973
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2014-12-31042689883
2013 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,974,599
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$1,176,775
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,133,306
Expenses. Certain deemed distributions of participant loans2013-12-31$35,060
Value of total corrective distributions2013-12-31$8,409
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$967,132
Value of total assets at end of year2013-12-31$5,909,982
Value of total assets at beginning of year2013-12-31$5,112,158
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$0
Total interest from all sources2013-12-31$7,129
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$737,470
Participant contributions at end of year2013-12-31$194,552
Participant contributions at beginning of year2013-12-31$192,285
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$229,662
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$797,824
Value of net assets at end of year (total assets less liabilities)2013-12-31$5,909,982
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$5,112,158
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Interest on participant loans2013-12-31$7,129
Value of interest in common/collective trusts at end of year2013-12-31$5,715,430
Value of interest in common/collective trusts at beginning of year2013-12-31$4,919,873
Net investment gain or loss from common/collective trusts2013-12-31$1,000,338
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,133,306
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31MARCUM LLP
Accountancy firm EIN2013-12-31111986323
2012 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,003,411
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$126,046
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$124,339
Expenses. Certain deemed distributions of participant loans2012-12-31$1,444
Value of total corrective distributions2012-12-31$263
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$557,377
Value of total assets at end of year2012-12-31$5,112,158
Value of total assets at beginning of year2012-12-31$4,234,793
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$0
Total interest from all sources2012-12-31$5,597
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$349,083
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$498,777
Participant contributions at end of year2012-12-31$192,285
Participant contributions at beginning of year2012-12-31$128,226
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$58,600
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$877,365
Value of net assets at end of year (total assets less liabilities)2012-12-31$5,112,158
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,234,793
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Interest on participant loans2012-12-31$5,597
Value of interest in common/collective trusts at end of year2012-12-31$4,919,873
Value of interest in common/collective trusts at beginning of year2012-12-31$4,106,567
Net investment gain or loss from common/collective trusts2012-12-31$440,437
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$124,339
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31MARCUM LLP
Accountancy firm EIN2012-12-31111986323
2011 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$418,739
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$94,371
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$86,782
Expenses. Certain deemed distributions of participant loans2011-12-31$7,589
Value of total corrective distributions2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$378,563
Value of total assets at end of year2011-12-31$4,234,793
Value of total assets at beginning of year2011-12-31$3,910,425
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$0
Total interest from all sources2011-12-31$5,542
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$349,083
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$283,471
Participant contributions at end of year2011-12-31$128,226
Participant contributions at beginning of year2011-12-31$152,466
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$95,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$324,368
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,234,793
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,910,425
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Interest on participant loans2011-12-31$5,542
Value of interest in common/collective trusts at end of year2011-12-31$4,106,567
Value of interest in common/collective trusts at beginning of year2011-12-31$3,757,959
Net investment gain or loss from common/collective trusts2011-12-31$34,634
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$86,782
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31PARENT, MCLAUGHLIN & NANGLE, INC.
Accountancy firm EIN2011-12-31042603383
2010 : SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$553,805
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$134,209
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$95,361
Expenses. Certain deemed distributions of participant loans2010-12-31$38,848
Value of total corrective distributions2010-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$210,408
Value of total assets at end of year2010-12-31$3,910,425
Value of total assets at beginning of year2010-12-31$3,490,829
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$0
Total interest from all sources2010-12-31$5,530
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$349,083
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$198,665
Participant contributions at end of year2010-12-31$152,466
Participant contributions at beginning of year2010-12-31$151,510
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$11,743
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$419,596
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,910,425
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,490,829
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Interest on participant loans2010-12-31$5,530
Value of interest in common/collective trusts at end of year2010-12-31$3,757,959
Value of interest in common/collective trusts at beginning of year2010-12-31$3,339,319
Net investment gain or loss from common/collective trusts2010-12-31$337,867
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$95,361
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31PARENT, MCLAUGHLIN & NANGLE, INC.
Accountancy firm EIN2010-12-31042603383

Form 5500 Responses for SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK

2020: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: SBERA 401(K) PLAN AS ADOPTED BY BLUE HILLS BANK 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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