401k Plan data: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK plan

SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 401k Plan overview

Plan Name	SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK
Plan identification number	001

SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

MILLBURY NATIONAL BANK has sponsored the creation of one or more 401k plans.

Company Name: MILLBURY NATIONAL BANK

Employer identification number (EIN): 041621330

NAIC Classification: 522120
NAIC Description: Savings Institutions

Additional information about MILLBURY NATIONAL BANK

Jurisdiction of Incorporation: Commonwealth of Massachusetts Corporations Division

Incorporation Date:

Company Identification Number: 041621330

More information about MILLBURY NATIONAL BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-11-01
001 2021-11-01
001 2020-11-01
001 2019-11-01
001 2018-11-01
001 2017-11-01
001 2016-11-01 THOMAS FORESE JR.
001 2015-11-01 THOMAS FORESE JR.
001 2014-11-01 THOMAS FORESE JR.
001 2013-11-01 THOMAS FORESE JR.
001 2012-11-01 THOMAS FORESE JR.
001 2011-11-01 THOMAS FORESE JR.
001 2010-11-01 THOMAS FORESE JR.
001 2009-11-01 THOMAS FORESE JR.

Plan Statistics for SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK

401k plan membership statisitcs for SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK

Measure Date Value
2023: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2023 401k membership
Market value of plan assets 2023-10-31 3,780,350
Acturial value of plan assets 2023-10-31 3,780,350
Funding target for retired participants and beneficiaries receiving payment 2023-10-31 146,117
Number of terminated vested participants 2023-10-31 12
Fundng target for terminated vested participants 2023-10-31 107,606
Active participant vested funding target 2023-10-31 2,156,757
Number of active participants 2023-10-31 16
Total funding liabilities for active participants 2023-10-31 2,172,365
Total participant count 2023-10-31 32
Total funding target for all participants 2023-10-31 2,426,088
Balance at beginning of prior year after applicable adjustments 2023-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2023-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2023-10-31 0
Prefunding balanced used to offset prior years funding requirement 2023-10-31 0
Amount remaining of carryover balance 2023-10-31 0
Amount remaining of prefunding balance 2023-10-31 0
Present value of excess contributions 2023-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2023-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2023-10-31 0
Reductions in caryover balances due to elections or deemed elections 2023-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2023-10-31 0
Balance of carryovers at beginning of current year 2023-10-31 0
Balance of prefunding at beginning of current year 2023-10-31 0
Total employer contributions 2023-10-31 500,000
Total employee contributions 2023-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2023-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2023-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2023-10-31 469,723
Unpaid minimum required contributions for all prior years 2023-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2023-10-31 0
Remaining amount of unpaid minimum required contributions 2023-10-31 0
Minimum required contributions for current year target normal cost 2023-10-31 220,829
Net shortfall amortization installment of oustanding balance 2023-10-31 0
Waiver amortization installment 2023-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2023-10-31 0
Carryover balance elected to use to offset funding requirement 2023-10-31 0
Prefunding balance elected to use to offset funding requirement 2023-10-31 0
Additional cash requirement 2023-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2023-10-31 469,723
Unpaid minimum required contributions for current year 2023-10-31 0
Unpaid minimum required contributions for all years 2023-10-31 0
2022: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2022 401k membership
Total participants, beginning-of-year 2022-11-01 32
Total number of active participants reported on line 7a of the Form 5500 2022-11-01 17
Number of retired or separated participants receiving benefits 2022-11-01 3
Number of other retired or separated participants entitled to future benefits 2022-11-01 8
Total of all active and inactive participants 2022-11-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-11-01 1
Total participants 2022-11-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-11-01 0
Market value of plan assets 2022-10-31 4,660,812
Acturial value of plan assets 2022-10-31 4,660,812
Funding target for retired participants and beneficiaries receiving payment 2022-10-31 156,634
Number of terminated vested participants 2022-10-31 9
Fundng target for terminated vested participants 2022-10-31 90,832
Active participant vested funding target 2022-10-31 1,956,706
Number of active participants 2022-10-31 18
Total funding liabilities for active participants 2022-10-31 1,974,953
Total participant count 2022-10-31 31
Total funding target for all participants 2022-10-31 2,222,419
Balance at beginning of prior year after applicable adjustments 2022-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-10-31 0
Amount remaining of carryover balance 2022-10-31 0
Amount remaining of prefunding balance 2022-10-31 0
Present value of excess contributions 2022-10-31 471,678
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-10-31 497,762
Balance of carryovers at beginning of current year 2022-10-31 0
Balance of prefunding at beginning of current year 2022-10-31 0
Total employer contributions 2022-10-31 0
Total employee contributions 2022-10-31 0
Remaining amount of unpaid minimum required contributions 2022-10-31 0
Minimum required contributions for current year target normal cost 2022-10-31 211,002
Total funding amount beforereflecting carryover/prefunding balances 2022-10-31 0
Additional cash requirement 2022-10-31 0
Unpaid minimum required contributions for current year 2022-10-31 0
Unpaid minimum required contributions for all years 2022-10-31 0
2021: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2021 401k membership
Total participants, beginning-of-year 2021-11-01 31
Total number of active participants reported on line 7a of the Form 5500 2021-11-01 16
Number of retired or separated participants receiving benefits 2021-11-01 4
Number of other retired or separated participants entitled to future benefits 2021-11-01 12
Total of all active and inactive participants 2021-11-01 32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-11-01 0
Total participants 2021-11-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-11-01 1
Market value of plan assets 2021-10-31 3,439,334
Acturial value of plan assets 2021-10-31 3,439,334
Funding target for retired participants and beneficiaries receiving payment 2021-10-31 269,292
Number of terminated vested participants 2021-10-31 12
Fundng target for terminated vested participants 2021-10-31 86,611
Active participant vested funding target 2021-10-31 1,546,853
Number of active participants 2021-10-31 17
Total funding liabilities for active participants 2021-10-31 1,561,228
Total participant count 2021-10-31 34
Total funding target for all participants 2021-10-31 1,917,131
Balance at beginning of prior year after applicable adjustments 2021-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-10-31 0
Amount remaining of carryover balance 2021-10-31 0
Amount remaining of prefunding balance 2021-10-31 0
Present value of excess contributions 2021-10-31 704,581
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-10-31 744,813
Balance of carryovers at beginning of current year 2021-10-31 0
Balance of prefunding at beginning of current year 2021-10-31 0
Total employer contributions 2021-10-31 500,000
Total employee contributions 2021-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-10-31 471,678
Remaining amount of unpaid minimum required contributions 2021-10-31 0
Minimum required contributions for current year target normal cost 2021-10-31 170,771
Total funding amount beforereflecting carryover/prefunding balances 2021-10-31 0
Additional cash requirement 2021-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-10-31 471,678
Unpaid minimum required contributions for current year 2021-10-31 0
Unpaid minimum required contributions for all years 2021-10-31 0
2020: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2020 401k membership
Total participants, beginning-of-year 2020-11-01 34
Total number of active participants reported on line 7a of the Form 5500 2020-11-01 18
Number of retired or separated participants receiving benefits 2020-11-01 3
Number of other retired or separated participants entitled to future benefits 2020-11-01 9
Total of all active and inactive participants 2020-11-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-11-01 1
Total participants 2020-11-01 31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-11-01 1
Market value of plan assets 2020-10-31 2,684,381
Acturial value of plan assets 2020-10-31 2,684,381
Funding target for retired participants and beneficiaries receiving payment 2020-10-31 275,447
Number of terminated vested participants 2020-10-31 12
Fundng target for terminated vested participants 2020-10-31 113,703
Active participant vested funding target 2020-10-31 1,230,475
Number of active participants 2020-10-31 18
Total funding liabilities for active participants 2020-10-31 1,243,723
Total participant count 2020-10-31 35
Total funding target for all participants 2020-10-31 1,632,873
Balance at beginning of prior year after applicable adjustments 2020-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-10-31 0
Amount remaining of carryover balance 2020-10-31 0
Amount remaining of prefunding balance 2020-10-31 0
Present value of excess contributions 2020-10-31 399,421
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-10-31 422,947
Balance of carryovers at beginning of current year 2020-10-31 0
Balance of prefunding at beginning of current year 2020-10-31 0
Total employer contributions 2020-10-31 750,000
Total employee contributions 2020-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-10-31 704,581
Remaining amount of unpaid minimum required contributions 2020-10-31 0
Minimum required contributions for current year target normal cost 2020-10-31 136,965
Total funding amount beforereflecting carryover/prefunding balances 2020-10-31 0
Additional cash requirement 2020-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-10-31 704,581
Unpaid minimum required contributions for current year 2020-10-31 0
Unpaid minimum required contributions for all years 2020-10-31 0
2019: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2019 401k membership
Total participants, beginning-of-year 2019-11-01 35
Total number of active participants reported on line 7a of the Form 5500 2019-11-01 17
Number of retired or separated participants receiving benefits 2019-11-01 5
Number of other retired or separated participants entitled to future benefits 2019-11-01 12
Total of all active and inactive participants 2019-11-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-11-01 0
Total participants 2019-11-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-11-01 1
Market value of plan assets 2019-10-31 2,073,286
Acturial value of plan assets 2019-10-31 2,073,286
Funding target for retired participants and beneficiaries receiving payment 2019-10-31 282,032
Number of terminated vested participants 2019-10-31 13
Fundng target for terminated vested participants 2019-10-31 106,935
Active participant vested funding target 2019-10-31 963,004
Number of active participants 2019-10-31 13
Total funding liabilities for active participants 2019-10-31 1,006,394
Total participant count 2019-10-31 31
Total funding target for all participants 2019-10-31 1,395,361
Balance at beginning of prior year after applicable adjustments 2019-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-10-31 0
Amount remaining of carryover balance 2019-10-31 0
Amount remaining of prefunding balance 2019-10-31 0
Present value of excess contributions 2019-10-31 235,289
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-10-31 248,677
Balance of carryovers at beginning of current year 2019-10-31 0
Balance of prefunding at beginning of current year 2019-10-31 0
Total employer contributions 2019-10-31 427,000
Total employee contributions 2019-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-10-31 399,421
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-10-31 0
Remaining amount of unpaid minimum required contributions 2019-10-31 0
Minimum required contributions for current year target normal cost 2019-10-31 93,685
Total funding amount beforereflecting carryover/prefunding balances 2019-10-31 0
Additional cash requirement 2019-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-10-31 399,421
Unpaid minimum required contributions for current year 2019-10-31 0
Unpaid minimum required contributions for all years 2019-10-31 0
2018: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2018 401k membership
Total participants, beginning-of-year 2018-11-01 31
Total number of active participants reported on line 7a of the Form 5500 2018-11-01 18
Number of retired or separated participants receiving benefits 2018-11-01 5
Number of other retired or separated participants entitled to future benefits 2018-11-01 12
Total of all active and inactive participants 2018-11-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-11-01 0
Total participants 2018-11-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-11-01 0
Market value of plan assets 2018-10-31 2,169,601
Acturial value of plan assets 2018-10-31 2,169,601
Funding target for retired participants and beneficiaries receiving payment 2018-10-31 167,990
Number of terminated vested participants 2018-10-31 12
Fundng target for terminated vested participants 2018-10-31 92,810
Active participant vested funding target 2018-10-31 1,373,733
Number of active participants 2018-10-31 16
Total funding liabilities for active participants 2018-10-31 1,400,344
Total participant count 2018-10-31 32
Total funding target for all participants 2018-10-31 1,661,144
Balance at beginning of prior year after applicable adjustments 2018-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-10-31 0
Amount remaining of carryover balance 2018-10-31 0
Amount remaining of prefunding balance 2018-10-31 0
Present value of excess contributions 2018-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-10-31 0
Balance of carryovers at beginning of current year 2018-10-31 0
Balance of prefunding at beginning of current year 2018-10-31 0
Total employer contributions 2018-10-31 250,000
Total employee contributions 2018-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-10-31 235,289
Remaining amount of unpaid minimum required contributions 2018-10-31 0
Minimum required contributions for current year target normal cost 2018-10-31 124,264
Total funding amount beforereflecting carryover/prefunding balances 2018-10-31 0
Additional cash requirement 2018-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-10-31 235,289
Unpaid minimum required contributions for current year 2018-10-31 0
Unpaid minimum required contributions for all years 2018-10-31 0
2017: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2017 401k membership
Total participants, beginning-of-year 2017-11-01 32
Total number of active participants reported on line 7a of the Form 5500 2017-11-01 13
Number of retired or separated participants receiving benefits 2017-11-01 5
Number of other retired or separated participants entitled to future benefits 2017-11-01 13
Total of all active and inactive participants 2017-11-01 31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-11-01 0
Total participants 2017-11-01 31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-11-01 1
Market value of plan assets 2017-10-31 2,042,195
Acturial value of plan assets 2017-10-31 2,042,195
Funding target for retired participants and beneficiaries receiving payment 2017-10-31 152,567
Number of terminated vested participants 2017-10-31 14
Fundng target for terminated vested participants 2017-10-31 185,707
Active participant vested funding target 2017-10-31 1,144,602
Number of active participants 2017-10-31 13
Total funding liabilities for active participants 2017-10-31 1,154,560
Total participant count 2017-10-31 30
Total funding target for all participants 2017-10-31 1,492,834
Balance at beginning of prior year after applicable adjustments 2017-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-10-31 0
Prefunding balanced used to offset prior years funding requirement 2017-10-31 0
Amount remaining of carryover balance 2017-10-31 0
Amount remaining of prefunding balance 2017-10-31 0
Present value of excess contributions 2017-10-31 469,804
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-10-31 498,697
Balance of carryovers at beginning of current year 2017-10-31 0
Balance of prefunding at beginning of current year 2017-10-31 0
Total employer contributions 2017-10-31 0
Total employee contributions 2017-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-10-31 0
Remaining amount of unpaid minimum required contributions 2017-10-31 0
Minimum required contributions for current year target normal cost 2017-10-31 105,696
Total funding amount beforereflecting carryover/prefunding balances 2017-10-31 0
Additional cash requirement 2017-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for all years 2017-10-31 0
2016: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2016 401k membership
Total participants, beginning-of-year 2016-11-01 30
Total number of active participants reported on line 7a of the Form 5500 2016-11-01 16
Number of retired or separated participants receiving benefits 2016-11-01 4
Number of other retired or separated participants entitled to future benefits 2016-11-01 12
Total of all active and inactive participants 2016-11-01 32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-11-01 0
Total participants 2016-11-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-11-01 1
2015: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2015 401k membership
Total participants, beginning-of-year 2015-11-01 29
Total number of active participants reported on line 7a of the Form 5500 2015-11-01 13
Number of retired or separated participants receiving benefits 2015-11-01 3
Number of other retired or separated participants entitled to future benefits 2015-11-01 14
Total of all active and inactive participants 2015-11-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-11-01 0
Total participants 2015-11-01 30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-11-01 0
2014: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2014 401k membership
Total participants, beginning-of-year 2014-11-01 30
Total number of active participants reported on line 7a of the Form 5500 2014-11-01 13
Number of retired or separated participants receiving benefits 2014-11-01 3
Number of other retired or separated participants entitled to future benefits 2014-11-01 13
Total of all active and inactive participants 2014-11-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-11-01 0
Total participants 2014-11-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-11-01 1
2013: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2013 401k membership
Total participants, beginning-of-year 2013-11-01 28
Total number of active participants reported on line 7a of the Form 5500 2013-11-01 15
Number of retired or separated participants receiving benefits 2013-11-01 3
Number of other retired or separated participants entitled to future benefits 2013-11-01 12
Total of all active and inactive participants 2013-11-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-11-01 0
Total participants 2013-11-01 30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-11-01 0
2012: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2012 401k membership
Total participants, beginning-of-year 2012-11-01 31
Total number of active participants reported on line 7a of the Form 5500 2012-11-01 12
Number of retired or separated participants receiving benefits 2012-11-01 3
Number of other retired or separated participants entitled to future benefits 2012-11-01 13
Total of all active and inactive participants 2012-11-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-11-01 0
Total participants 2012-11-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-11-01 0
2011: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2011 401k membership
Total participants, beginning-of-year 2011-11-01 33
Total number of active participants reported on line 7a of the Form 5500 2011-11-01 16
Number of retired or separated participants receiving benefits 2011-11-01 2
Number of other retired or separated participants entitled to future benefits 2011-11-01 13
Total of all active and inactive participants 2011-11-01 31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-11-01 0
Total participants 2011-11-01 31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-11-01 1
2010: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2010 401k membership
Total participants, beginning-of-year 2010-11-01 31
Total number of active participants reported on line 7a of the Form 5500 2010-11-01 18
Number of retired or separated participants receiving benefits 2010-11-01 2
Number of other retired or separated participants entitled to future benefits 2010-11-01 13
Total of all active and inactive participants 2010-11-01 33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-11-01 0
Total participants 2010-11-01 33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-11-01 1
2009: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2009 401k membership
Total participants, beginning-of-year 2009-11-01 29
Total number of active participants reported on line 7a of the Form 5500 2009-11-01 17
Number of retired or separated participants receiving benefits 2009-11-01 2
Number of other retired or separated participants entitled to future benefits 2009-11-01 12
Total of all active and inactive participants 2009-11-01 31
Total participants 2009-11-01 31
Number of participants with account balances 2009-11-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-11-01 1

Measure	Date	Value
2023: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2023 401k membership
Market value of plan assets	2023-10-31	3,780,350
Acturial value of plan assets	2023-10-31	3,780,350
Funding target for retired participants and beneficiaries receiving payment	2023-10-31	146,117
Number of terminated vested participants	2023-10-31	12
Fundng target for terminated vested participants	2023-10-31	107,606
Active participant vested funding target	2023-10-31	2,156,757
Number of active participants	2023-10-31	16
Total funding liabilities for active participants	2023-10-31	2,172,365
Total participant count	2023-10-31	32
Total funding target for all participants	2023-10-31	2,426,088
Balance at beginning of prior year after applicable adjustments	2023-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2023-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2023-10-31	0
Prefunding balanced used to offset prior years funding requirement	2023-10-31	0
Amount remaining of carryover balance	2023-10-31	0
Amount remaining of prefunding balance	2023-10-31	0
Present value of excess contributions	2023-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2023-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2023-10-31	0
Reductions in caryover balances due to elections or deemed elections	2023-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2023-10-31	0
Balance of carryovers at beginning of current year	2023-10-31	0
Balance of prefunding at beginning of current year	2023-10-31	0
Total employer contributions	2023-10-31	500,000
Total employee contributions	2023-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2023-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2023-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2023-10-31	469,723
Unpaid minimum required contributions for all prior years	2023-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2023-10-31	0
Remaining amount of unpaid minimum required contributions	2023-10-31	0
Minimum required contributions for current year target normal cost	2023-10-31	220,829
Net shortfall amortization installment of oustanding balance	2023-10-31	0
Waiver amortization installment	2023-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2023-10-31	0
Carryover balance elected to use to offset funding requirement	2023-10-31	0
Prefunding balance elected to use to offset funding requirement	2023-10-31	0
Additional cash requirement	2023-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2023-10-31	469,723
Unpaid minimum required contributions for current year	2023-10-31	0
Unpaid minimum required contributions for all years	2023-10-31	0
2022: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2022 401k membership
Total participants, beginning-of-year	2022-11-01	32
Total number of active participants reported on line 7a of the Form 5500	2022-11-01	17
Number of retired or separated participants receiving benefits	2022-11-01	3
Number of other retired or separated participants entitled to future benefits	2022-11-01	8
Total of all active and inactive participants	2022-11-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-11-01	1
Total participants	2022-11-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-11-01	0
Market value of plan assets	2022-10-31	4,660,812
Acturial value of plan assets	2022-10-31	4,660,812
Funding target for retired participants and beneficiaries receiving payment	2022-10-31	156,634
Number of terminated vested participants	2022-10-31	9
Fundng target for terminated vested participants	2022-10-31	90,832
Active participant vested funding target	2022-10-31	1,956,706
Number of active participants	2022-10-31	18
Total funding liabilities for active participants	2022-10-31	1,974,953
Total participant count	2022-10-31	31
Total funding target for all participants	2022-10-31	2,222,419
Balance at beginning of prior year after applicable adjustments	2022-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-10-31	0
Amount remaining of carryover balance	2022-10-31	0
Amount remaining of prefunding balance	2022-10-31	0
Present value of excess contributions	2022-10-31	471,678
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-10-31	497,762
Balance of carryovers at beginning of current year	2022-10-31	0
Balance of prefunding at beginning of current year	2022-10-31	0
Total employer contributions	2022-10-31	0
Total employee contributions	2022-10-31	0
Remaining amount of unpaid minimum required contributions	2022-10-31	0
Minimum required contributions for current year target normal cost	2022-10-31	211,002
Total funding amount beforereflecting carryover/prefunding balances	2022-10-31	0
Additional cash requirement	2022-10-31	0
Unpaid minimum required contributions for current year	2022-10-31	0
Unpaid minimum required contributions for all years	2022-10-31	0
2021: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2021 401k membership
Total participants, beginning-of-year	2021-11-01	31
Total number of active participants reported on line 7a of the Form 5500	2021-11-01	16
Number of retired or separated participants receiving benefits	2021-11-01	4
Number of other retired or separated participants entitled to future benefits	2021-11-01	12
Total of all active and inactive participants	2021-11-01	32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-11-01	0
Total participants	2021-11-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-11-01	1
Market value of plan assets	2021-10-31	3,439,334
Acturial value of plan assets	2021-10-31	3,439,334
Funding target for retired participants and beneficiaries receiving payment	2021-10-31	269,292
Number of terminated vested participants	2021-10-31	12
Fundng target for terminated vested participants	2021-10-31	86,611
Active participant vested funding target	2021-10-31	1,546,853
Number of active participants	2021-10-31	17
Total funding liabilities for active participants	2021-10-31	1,561,228
Total participant count	2021-10-31	34
Total funding target for all participants	2021-10-31	1,917,131
Balance at beginning of prior year after applicable adjustments	2021-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-10-31	0
Amount remaining of carryover balance	2021-10-31	0
Amount remaining of prefunding balance	2021-10-31	0
Present value of excess contributions	2021-10-31	704,581
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-10-31	744,813
Balance of carryovers at beginning of current year	2021-10-31	0
Balance of prefunding at beginning of current year	2021-10-31	0
Total employer contributions	2021-10-31	500,000
Total employee contributions	2021-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-10-31	471,678
Remaining amount of unpaid minimum required contributions	2021-10-31	0
Minimum required contributions for current year target normal cost	2021-10-31	170,771
Total funding amount beforereflecting carryover/prefunding balances	2021-10-31	0
Additional cash requirement	2021-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-10-31	471,678
Unpaid minimum required contributions for current year	2021-10-31	0
Unpaid minimum required contributions for all years	2021-10-31	0
2020: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2020 401k membership
Total participants, beginning-of-year	2020-11-01	34
Total number of active participants reported on line 7a of the Form 5500	2020-11-01	18
Number of retired or separated participants receiving benefits	2020-11-01	3
Number of other retired or separated participants entitled to future benefits	2020-11-01	9
Total of all active and inactive participants	2020-11-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-11-01	1
Total participants	2020-11-01	31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-11-01	1
Market value of plan assets	2020-10-31	2,684,381
Acturial value of plan assets	2020-10-31	2,684,381
Funding target for retired participants and beneficiaries receiving payment	2020-10-31	275,447
Number of terminated vested participants	2020-10-31	12
Fundng target for terminated vested participants	2020-10-31	113,703
Active participant vested funding target	2020-10-31	1,230,475
Number of active participants	2020-10-31	18
Total funding liabilities for active participants	2020-10-31	1,243,723
Total participant count	2020-10-31	35
Total funding target for all participants	2020-10-31	1,632,873
Balance at beginning of prior year after applicable adjustments	2020-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-10-31	0
Amount remaining of carryover balance	2020-10-31	0
Amount remaining of prefunding balance	2020-10-31	0
Present value of excess contributions	2020-10-31	399,421
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-10-31	422,947
Balance of carryovers at beginning of current year	2020-10-31	0
Balance of prefunding at beginning of current year	2020-10-31	0
Total employer contributions	2020-10-31	750,000
Total employee contributions	2020-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-10-31	704,581
Remaining amount of unpaid minimum required contributions	2020-10-31	0
Minimum required contributions for current year target normal cost	2020-10-31	136,965
Total funding amount beforereflecting carryover/prefunding balances	2020-10-31	0
Additional cash requirement	2020-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-10-31	704,581
Unpaid minimum required contributions for current year	2020-10-31	0
Unpaid minimum required contributions for all years	2020-10-31	0
2019: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2019 401k membership
Total participants, beginning-of-year	2019-11-01	35
Total number of active participants reported on line 7a of the Form 5500	2019-11-01	17
Number of retired or separated participants receiving benefits	2019-11-01	5
Number of other retired or separated participants entitled to future benefits	2019-11-01	12
Total of all active and inactive participants	2019-11-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-11-01	0
Total participants	2019-11-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-11-01	1
Market value of plan assets	2019-10-31	2,073,286
Acturial value of plan assets	2019-10-31	2,073,286
Funding target for retired participants and beneficiaries receiving payment	2019-10-31	282,032
Number of terminated vested participants	2019-10-31	13
Fundng target for terminated vested participants	2019-10-31	106,935
Active participant vested funding target	2019-10-31	963,004
Number of active participants	2019-10-31	13
Total funding liabilities for active participants	2019-10-31	1,006,394
Total participant count	2019-10-31	31
Total funding target for all participants	2019-10-31	1,395,361
Balance at beginning of prior year after applicable adjustments	2019-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-10-31	0
Amount remaining of carryover balance	2019-10-31	0
Amount remaining of prefunding balance	2019-10-31	0
Present value of excess contributions	2019-10-31	235,289
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-10-31	248,677
Balance of carryovers at beginning of current year	2019-10-31	0
Balance of prefunding at beginning of current year	2019-10-31	0
Total employer contributions	2019-10-31	427,000
Total employee contributions	2019-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-10-31	399,421
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-10-31	0
Remaining amount of unpaid minimum required contributions	2019-10-31	0
Minimum required contributions for current year target normal cost	2019-10-31	93,685
Total funding amount beforereflecting carryover/prefunding balances	2019-10-31	0
Additional cash requirement	2019-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-10-31	399,421
Unpaid minimum required contributions for current year	2019-10-31	0
Unpaid minimum required contributions for all years	2019-10-31	0
2018: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2018 401k membership
Total participants, beginning-of-year	2018-11-01	31
Total number of active participants reported on line 7a of the Form 5500	2018-11-01	18
Number of retired or separated participants receiving benefits	2018-11-01	5
Number of other retired or separated participants entitled to future benefits	2018-11-01	12
Total of all active and inactive participants	2018-11-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-11-01	0
Total participants	2018-11-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-11-01	0
Market value of plan assets	2018-10-31	2,169,601
Acturial value of plan assets	2018-10-31	2,169,601
Funding target for retired participants and beneficiaries receiving payment	2018-10-31	167,990
Number of terminated vested participants	2018-10-31	12
Fundng target for terminated vested participants	2018-10-31	92,810
Active participant vested funding target	2018-10-31	1,373,733
Number of active participants	2018-10-31	16
Total funding liabilities for active participants	2018-10-31	1,400,344
Total participant count	2018-10-31	32
Total funding target for all participants	2018-10-31	1,661,144
Balance at beginning of prior year after applicable adjustments	2018-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-10-31	0
Amount remaining of carryover balance	2018-10-31	0
Amount remaining of prefunding balance	2018-10-31	0
Present value of excess contributions	2018-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-10-31	0
Balance of carryovers at beginning of current year	2018-10-31	0
Balance of prefunding at beginning of current year	2018-10-31	0
Total employer contributions	2018-10-31	250,000
Total employee contributions	2018-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-10-31	235,289
Remaining amount of unpaid minimum required contributions	2018-10-31	0
Minimum required contributions for current year target normal cost	2018-10-31	124,264
Total funding amount beforereflecting carryover/prefunding balances	2018-10-31	0
Additional cash requirement	2018-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-10-31	235,289
Unpaid minimum required contributions for current year	2018-10-31	0
Unpaid minimum required contributions for all years	2018-10-31	0
2017: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2017 401k membership
Total participants, beginning-of-year	2017-11-01	32
Total number of active participants reported on line 7a of the Form 5500	2017-11-01	13
Number of retired or separated participants receiving benefits	2017-11-01	5
Number of other retired or separated participants entitled to future benefits	2017-11-01	13
Total of all active and inactive participants	2017-11-01	31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-11-01	0
Total participants	2017-11-01	31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-11-01	1
Market value of plan assets	2017-10-31	2,042,195
Acturial value of plan assets	2017-10-31	2,042,195
Funding target for retired participants and beneficiaries receiving payment	2017-10-31	152,567
Number of terminated vested participants	2017-10-31	14
Fundng target for terminated vested participants	2017-10-31	185,707
Active participant vested funding target	2017-10-31	1,144,602
Number of active participants	2017-10-31	13
Total funding liabilities for active participants	2017-10-31	1,154,560
Total participant count	2017-10-31	30
Total funding target for all participants	2017-10-31	1,492,834
Balance at beginning of prior year after applicable adjustments	2017-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-10-31	0
Prefunding balanced used to offset prior years funding requirement	2017-10-31	0
Amount remaining of carryover balance	2017-10-31	0
Amount remaining of prefunding balance	2017-10-31	0
Present value of excess contributions	2017-10-31	469,804
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-10-31	498,697
Balance of carryovers at beginning of current year	2017-10-31	0
Balance of prefunding at beginning of current year	2017-10-31	0
Total employer contributions	2017-10-31	0
Total employee contributions	2017-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-10-31	0
Remaining amount of unpaid minimum required contributions	2017-10-31	0
Minimum required contributions for current year target normal cost	2017-10-31	105,696
Total funding amount beforereflecting carryover/prefunding balances	2017-10-31	0
Additional cash requirement	2017-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for all years	2017-10-31	0
2016: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2016 401k membership
Total participants, beginning-of-year	2016-11-01	30
Total number of active participants reported on line 7a of the Form 5500	2016-11-01	16
Number of retired or separated participants receiving benefits	2016-11-01	4
Number of other retired or separated participants entitled to future benefits	2016-11-01	12
Total of all active and inactive participants	2016-11-01	32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-11-01	0
Total participants	2016-11-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-11-01	1
2015: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2015 401k membership
Total participants, beginning-of-year	2015-11-01	29
Total number of active participants reported on line 7a of the Form 5500	2015-11-01	13
Number of retired or separated participants receiving benefits	2015-11-01	3
Number of other retired or separated participants entitled to future benefits	2015-11-01	14
Total of all active and inactive participants	2015-11-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-11-01	0
Total participants	2015-11-01	30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-11-01	0
2014: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2014 401k membership
Total participants, beginning-of-year	2014-11-01	30
Total number of active participants reported on line 7a of the Form 5500	2014-11-01	13
Number of retired or separated participants receiving benefits	2014-11-01	3
Number of other retired or separated participants entitled to future benefits	2014-11-01	13
Total of all active and inactive participants	2014-11-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-11-01	0
Total participants	2014-11-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-11-01	1
2013: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2013 401k membership
Total participants, beginning-of-year	2013-11-01	28
Total number of active participants reported on line 7a of the Form 5500	2013-11-01	15
Number of retired or separated participants receiving benefits	2013-11-01	3
Number of other retired or separated participants entitled to future benefits	2013-11-01	12
Total of all active and inactive participants	2013-11-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-11-01	0
Total participants	2013-11-01	30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-11-01	0
2012: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2012 401k membership
Total participants, beginning-of-year	2012-11-01	31
Total number of active participants reported on line 7a of the Form 5500	2012-11-01	12
Number of retired or separated participants receiving benefits	2012-11-01	3
Number of other retired or separated participants entitled to future benefits	2012-11-01	13
Total of all active and inactive participants	2012-11-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-11-01	0
Total participants	2012-11-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-11-01	0
2011: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2011 401k membership
Total participants, beginning-of-year	2011-11-01	33
Total number of active participants reported on line 7a of the Form 5500	2011-11-01	16
Number of retired or separated participants receiving benefits	2011-11-01	2
Number of other retired or separated participants entitled to future benefits	2011-11-01	13
Total of all active and inactive participants	2011-11-01	31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-11-01	0
Total participants	2011-11-01	31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-11-01	1
2010: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2010 401k membership
Total participants, beginning-of-year	2010-11-01	31
Total number of active participants reported on line 7a of the Form 5500	2010-11-01	18
Number of retired or separated participants receiving benefits	2010-11-01	2
Number of other retired or separated participants entitled to future benefits	2010-11-01	13
Total of all active and inactive participants	2010-11-01	33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-11-01	0
Total participants	2010-11-01	33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-11-01	1
2009: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2009 401k membership
Total participants, beginning-of-year	2009-11-01	29
Total number of active participants reported on line 7a of the Form 5500	2009-11-01	17
Number of retired or separated participants receiving benefits	2009-11-01	2
Number of other retired or separated participants entitled to future benefits	2009-11-01	12
Total of all active and inactive participants	2009-11-01	31
Total participants	2009-11-01	31
Number of participants with account balances	2009-11-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-11-01	1

Financial Data on SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK

Measure	Date	Value
2023 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2023 401k financial data
Total income from all sources	2023-10-31	$203,583
Expenses. Total of all expenses incurred	2023-10-31	$47,481
Benefits paid (including direct rollovers)	2023-10-31	$47,481
Total plan assets at end of year	2023-10-31	$3,947,434
Total plan assets at beginning of year	2023-10-31	$3,791,332
Value of fidelity bond covering the plan	2023-10-31	$379,134
Other income received	2023-10-31	$203,583
Net income (gross income less expenses)	2023-10-31	$156,102
Net plan assets at end of year (total assets less liabilities)	2023-10-31	$3,947,434
Net plan assets at beginning of year (total assets less liabilities)	2023-10-31	$3,791,332
2022 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2022 401k financial data
Total income from all sources	2022-10-31	$-859,598
Expenses. Total of all expenses incurred	2022-10-31	$24,137
Benefits paid (including direct rollovers)	2022-10-31	$24,137
Total plan assets at end of year	2022-10-31	$3,791,332
Total plan assets at beginning of year	2022-10-31	$4,675,067
Value of fidelity bond covering the plan	2022-10-31	$467,507
Other income received	2022-10-31	$-859,598
Net income (gross income less expenses)	2022-10-31	$-883,735
Net plan assets at end of year (total assets less liabilities)	2022-10-31	$3,791,332
Net plan assets at beginning of year (total assets less liabilities)	2022-10-31	$4,675,067
2021 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2021 401k financial data
Total income from all sources	2021-10-31	$1,261,972
Expenses. Total of all expenses incurred	2021-10-31	$39,923
Benefits paid (including direct rollovers)	2021-10-31	$39,923
Total plan assets at end of year	2021-10-31	$4,675,067
Total plan assets at beginning of year	2021-10-31	$3,453,018
Value of fidelity bond covering the plan	2021-10-31	$345,302
Other income received	2021-10-31	$761,972
Net income (gross income less expenses)	2021-10-31	$1,222,049
Net plan assets at end of year (total assets less liabilities)	2021-10-31	$4,675,067
Net plan assets at beginning of year (total assets less liabilities)	2021-10-31	$3,453,018
Total contributions received or receivable from employer(s)	2021-10-31	$500,000
2020 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2020 401k financial data
Total income from all sources	2020-10-31	$841,645
Expenses. Total of all expenses incurred	2020-10-31	$80,519
Benefits paid (including direct rollovers)	2020-10-31	$80,519
Total plan assets at end of year	2020-10-31	$3,453,018
Total plan assets at beginning of year	2020-10-31	$2,691,892
Value of fidelity bond covering the plan	2020-10-31	$269,189
Other income received	2020-10-31	$91,645
Net income (gross income less expenses)	2020-10-31	$761,126
Net plan assets at end of year (total assets less liabilities)	2020-10-31	$3,453,018
Net plan assets at beginning of year (total assets less liabilities)	2020-10-31	$2,691,892
Total contributions received or receivable from employer(s)	2020-10-31	$750,000
2019 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2019 401k financial data
Total income from all sources	2019-10-31	$675,597
Expenses. Total of all expenses incurred	2019-10-31	$31,223
Benefits paid (including direct rollovers)	2019-10-31	$31,223
Total plan assets at end of year	2019-10-31	$2,691,892
Total plan assets at beginning of year	2019-10-31	$2,047,518
Value of fidelity bond covering the plan	2019-10-31	$204,752
Other income received	2019-10-31	$248,597
Net income (gross income less expenses)	2019-10-31	$644,374
Net plan assets at end of year (total assets less liabilities)	2019-10-31	$2,691,892
Net plan assets at beginning of year (total assets less liabilities)	2019-10-31	$2,047,518
Total contributions received or receivable from employer(s)	2019-10-31	$427,000
2017 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2017 401k financial data
Total income from all sources	2017-10-31	$292,533
Expenses. Total of all expenses incurred	2017-10-31	$145,368
Benefits paid (including direct rollovers)	2017-10-31	$145,368
Total plan assets at end of year	2017-10-31	$2,193,374
Total plan assets at beginning of year	2017-10-31	$2,046,209
Value of fidelity bond covering the plan	2017-10-31	$204,621
Other income received	2017-10-31	$292,533
Net income (gross income less expenses)	2017-10-31	$147,165
Net plan assets at end of year (total assets less liabilities)	2017-10-31	$2,193,374
Net plan assets at beginning of year (total assets less liabilities)	2017-10-31	$2,046,209
2016 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2016 401k financial data
Total income from all sources	2016-10-31	$558,233
Expenses. Total of all expenses incurred	2016-10-31	$16,396
Benefits paid (including direct rollovers)	2016-10-31	$16,396
Total plan assets at end of year	2016-10-31	$2,046,209
Total plan assets at beginning of year	2016-10-31	$1,504,372
Value of fidelity bond covering the plan	2016-10-31	$150,437
Other income received	2016-10-31	$58,233
Net income (gross income less expenses)	2016-10-31	$541,837
Net plan assets at end of year (total assets less liabilities)	2016-10-31	$2,046,209
Net plan assets at beginning of year (total assets less liabilities)	2016-10-31	$1,504,372
Total contributions received or receivable from employer(s)	2016-10-31	$500,000
2015 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2015 401k financial data
Total income from all sources	2015-10-31	$181,945
Expenses. Total of all expenses incurred	2015-10-31	$105,099
Benefits paid (including direct rollovers)	2015-10-31	$105,099
Total plan assets at end of year	2015-10-31	$1,504,372
Total plan assets at beginning of year	2015-10-31	$1,427,526
Value of fidelity bond covering the plan	2015-10-31	$142,753
Other income received	2015-10-31	$-9,055
Net income (gross income less expenses)	2015-10-31	$76,846
Net plan assets at end of year (total assets less liabilities)	2015-10-31	$1,504,372
Net plan assets at beginning of year (total assets less liabilities)	2015-10-31	$1,427,526
Total contributions received or receivable from employer(s)	2015-10-31	$191,000
2014 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2014 401k financial data
Total income from all sources	2014-10-31	$152,846
Expenses. Total of all expenses incurred	2014-10-31	$27,248
Benefits paid (including direct rollovers)	2014-10-31	$27,248
Total plan assets at end of year	2014-10-31	$1,427,526
Total plan assets at beginning of year	2014-10-31	$1,301,928
Value of fidelity bond covering the plan	2014-10-31	$15,285
Other income received	2014-10-31	$72,846
Net income (gross income less expenses)	2014-10-31	$125,598
Net plan assets at end of year (total assets less liabilities)	2014-10-31	$1,427,526
Net plan assets at beginning of year (total assets less liabilities)	2014-10-31	$1,301,928
Total contributions received or receivable from employer(s)	2014-10-31	$80,000
2013 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2013 401k financial data
Total income from all sources	2013-10-31	$257,857
Expenses. Total of all expenses incurred	2013-10-31	$31,315
Benefits paid (including direct rollovers)	2013-10-31	$31,315
Total plan assets at end of year	2013-10-31	$1,301,928
Total plan assets at beginning of year	2013-10-31	$1,075,386
Value of fidelity bond covering the plan	2013-10-31	$107,539
Other income received	2013-10-31	$177,857
Net income (gross income less expenses)	2013-10-31	$226,542
Net plan assets at end of year (total assets less liabilities)	2013-10-31	$1,301,928
Net plan assets at beginning of year (total assets less liabilities)	2013-10-31	$1,075,386
Total contributions received or receivable from employer(s)	2013-10-31	$80,000
2012 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2012 401k financial data
Total income from all sources	2012-10-31	$238,412
Expenses. Total of all expenses incurred	2012-10-31	$58,031
Benefits paid (including direct rollovers)	2012-10-31	$58,031
Total plan assets at end of year	2012-10-31	$1,075,386
Total plan assets at beginning of year	2012-10-31	$895,005
Value of fidelity bond covering the plan	2012-10-31	$72,317
Other income received	2012-10-31	$80,017
Net income (gross income less expenses)	2012-10-31	$180,381
Net plan assets at end of year (total assets less liabilities)	2012-10-31	$1,075,386
Net plan assets at beginning of year (total assets less liabilities)	2012-10-31	$895,005
Total contributions received or receivable from employer(s)	2012-10-31	$158,395
2011 : SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2011 401k financial data
Total income from all sources	2011-10-31	$106,643
Expenses. Total of all expenses incurred	2011-10-31	$13,614
Benefits paid (including direct rollovers)	2011-10-31	$13,614
Total plan assets at end of year	2011-10-31	$895,005
Total plan assets at beginning of year	2011-10-31	$801,976
Value of fidelity bond covering the plan	2011-10-31	$72,317
Other income received	2011-10-31	$27,643
Net income (gross income less expenses)	2011-10-31	$93,029
Net plan assets at end of year (total assets less liabilities)	2011-10-31	$895,005
Net plan assets at beginning of year (total assets less liabilities)	2011-10-31	$801,976
Total contributions received or receivable from employer(s)	2011-10-31	$79,000

Form 5500 Responses for SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK

2022: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2022 form 5500 responses
2022-11-01	Type of plan entity	Single employer plan
2022-11-01	Submission has been amended	No
2022-11-01	This submission is the final filing	No
2022-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-11-01	Plan is a collectively bargained plan	No
2022-11-01	Plan funding arrangement – Trust	Yes
2022-11-01	Plan benefit arrangement - Trust	Yes
2021: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2021 form 5500 responses
2021-11-01	Type of plan entity	Single employer plan
2021-11-01	Submission has been amended	No
2021-11-01	This submission is the final filing	No
2021-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-11-01	Plan is a collectively bargained plan	No
2021-11-01	Plan funding arrangement – Trust	Yes
2021-11-01	Plan benefit arrangement - Trust	Yes
2020: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2020 form 5500 responses
2020-11-01	Type of plan entity	Single employer plan
2020-11-01	Submission has been amended	No
2020-11-01	This submission is the final filing	No
2020-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-11-01	Plan is a collectively bargained plan	No
2020-11-01	Plan funding arrangement – Trust	Yes
2020-11-01	Plan benefit arrangement - Trust	Yes
2019: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2019 form 5500 responses
2019-11-01	Type of plan entity	Single employer plan
2019-11-01	Submission has been amended	No
2019-11-01	This submission is the final filing	No
2019-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-11-01	Plan is a collectively bargained plan	No
2019-11-01	Plan funding arrangement – Trust	Yes
2019-11-01	Plan benefit arrangement - Trust	Yes
2018: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2018 form 5500 responses
2018-11-01	Type of plan entity	Single employer plan
2018-11-01	Submission has been amended	No
2018-11-01	This submission is the final filing	No
2018-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-11-01	Plan is a collectively bargained plan	No
2018-11-01	Plan funding arrangement – Trust	Yes
2018-11-01	Plan benefit arrangement - Trust	Yes
2017: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2017 form 5500 responses
2017-11-01	Type of plan entity	Single employer plan
2017-11-01	Submission has been amended	No
2017-11-01	This submission is the final filing	No
2017-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-11-01	Plan is a collectively bargained plan	No
2017-11-01	Plan funding arrangement – Trust	Yes
2017-11-01	Plan benefit arrangement - Trust	Yes
2016: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2016 form 5500 responses
2016-11-01	Type of plan entity	Single employer plan
2016-11-01	Submission has been amended	No
2016-11-01	This submission is the final filing	No
2016-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-11-01	Plan is a collectively bargained plan	No
2016-11-01	Plan funding arrangement – Trust	Yes
2016-11-01	Plan benefit arrangement - Trust	Yes
2015: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2015 form 5500 responses
2015-11-01	Type of plan entity	Single employer plan
2015-11-01	Submission has been amended	No
2015-11-01	This submission is the final filing	No
2015-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-11-01	Plan is a collectively bargained plan	No
2015-11-01	Plan funding arrangement – Trust	Yes
2015-11-01	Plan benefit arrangement - Trust	Yes
2014: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2014 form 5500 responses
2014-11-01	Type of plan entity	Single employer plan
2014-11-01	Submission has been amended	No
2014-11-01	This submission is the final filing	No
2014-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-11-01	Plan is a collectively bargained plan	No
2014-11-01	Plan funding arrangement – Trust	Yes
2014-11-01	Plan benefit arrangement - Trust	Yes
2013: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2013 form 5500 responses
2013-11-01	Type of plan entity	Single employer plan
2013-11-01	Submission has been amended	No
2013-11-01	This submission is the final filing	No
2013-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-11-01	Plan is a collectively bargained plan	No
2013-11-01	Plan funding arrangement – Trust	Yes
2013-11-01	Plan benefit arrangement - Trust	Yes
2012: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2012 form 5500 responses
2012-11-01	Type of plan entity	Single employer plan
2012-11-01	Submission has been amended	No
2012-11-01	This submission is the final filing	No
2012-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-11-01	Plan is a collectively bargained plan	No
2012-11-01	Plan funding arrangement – Trust	Yes
2012-11-01	Plan benefit arrangement - Trust	Yes
2011: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2011 form 5500 responses
2011-11-01	Type of plan entity	Single employer plan
2011-11-01	Submission has been amended	No
2011-11-01	This submission is the final filing	No
2011-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-11-01	Plan is a collectively bargained plan	No
2011-11-01	Plan funding arrangement – Trust	Yes
2011-11-01	Plan benefit arrangement - Trust	Yes
2010: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2010 form 5500 responses
2010-11-01	Type of plan entity	Single employer plan
2010-11-01	Submission has been amended	No
2010-11-01	This submission is the final filing	No
2010-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-11-01	Plan is a collectively bargained plan	No
2010-11-01	Plan funding arrangement – Trust	Yes
2010-11-01	Plan benefit arrangement - Trust	Yes
2009: SBERA PENSION PLAN AS ADOPTED BY MILLBURY NATIONAL BANK 2009 form 5500 responses
2009-11-01	Type of plan entity	Single employer plan
2009-11-01	Submission has been amended	No
2009-11-01	This submission is the final filing	No
2009-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-11-01	Plan is a collectively bargained plan	No
2009-11-01	Plan funding arrangement – Trust	Yes
2009-11-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MILLBURY NATIONAL BANK
Employer identification number (EIN):	041621330
NAIC Classification:	522120
NAIC Description:	Savings Institutions

Jurisdiction of Incorporation:	Commonwealth of Massachusetts Corporations Division
Incorporation Date:
Company Identification Number:	041621330