401k Plan data: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE plan

SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 401k Plan overview

Plan Name	SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE
Plan identification number	002

SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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.
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.

401k Sponsoring company profile

NEW ENGLAND AUTOMATED CLEARINGHOUSE has sponsored the creation of one or more 401k plans.

Company Name: NEW ENGLAND AUTOMATED CLEARINGHOUSE

Employer identification number (EIN): 042514013

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 NEW ENGLAND AUTOMATED CLEARINGHOUSE

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01 THOMAS FORESE, JR.
002 2017-01-01 THOMAS FORESE, JR.
002 2016-01-01 THOMAS FORESE, JR.
002 2015-01-01 THOMAS FORESE, JR.
002 2014-01-01 THOMAS FORESE, JR.
002 2013-01-01 THOMAS FORESE, JR
002 2012-01-01 THOMAS FORESE JR.
002 2011-01-01 THOMAS FORESE JR.
002 2009-01-01 THOMAS FORESE, JR

Plan Statistics for SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE

401k plan membership statisitcs for SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE

Measure Date Value
2023: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2023 401k membership
Total participants, beginning-of-year 2023-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 14
Number of retired or separated participants receiving benefits 2023-01-01 1
Number of other retired or separated participants entitled to future benefits 2023-01-01 7
Total of all active and inactive participants 2023-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 22
Number of participants with account balances 2023-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2022 401k membership
Total participants, beginning-of-year 2022-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 15
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 7
Total of all active and inactive participants 2022-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 23
Number of participants with account balances 2022-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2021 401k membership
Total participants, beginning-of-year 2021-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 16
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 9
Total of all active and inactive participants 2021-01-01 26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 26
Number of participants with account balances 2021-01-01 26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2020 401k membership
Total participants, beginning-of-year 2020-01-01 21
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 15
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 7
Total of all active and inactive participants 2020-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 23
Number of participants with account balances 2020-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2019 401k membership
Total participants, beginning-of-year 2019-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 14
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 6
Total of all active and inactive participants 2019-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 21
Number of participants with account balances 2019-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2018 401k membership
Total participants, beginning-of-year 2018-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 15
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 4
Total of all active and inactive participants 2018-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 19
Number of participants with account balances 2018-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2017 401k membership
Total participants, beginning-of-year 2017-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 15
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 2
Total of all active and inactive participants 2017-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 17
Number of participants with account balances 2017-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2016 401k membership
Total participants, beginning-of-year 2016-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 15
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 3
Total of all active and inactive participants 2016-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 18
Number of participants with account balances 2016-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2015 401k membership
Total participants, beginning-of-year 2015-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 16
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 2
Total of all active and inactive participants 2015-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 18
Number of participants with account balances 2015-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2014 401k membership
Total participants, beginning-of-year 2014-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 16
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 1
Total of all active and inactive participants 2014-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 17
Number of participants with account balances 2014-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2013 401k membership
Total participants, beginning-of-year 2013-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 14
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 1
Total of all active and inactive participants 2013-01-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 15
Number of participants with account balances 2013-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2012 401k membership
Total participants, beginning-of-year 2012-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 15
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 2
Total of all active and inactive participants 2012-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 17
Number of participants with account balances 2012-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2011 401k membership
Total participants, beginning-of-year 2011-01-01 16
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 15
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 2
Total of all active and inactive participants 2011-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 17
Number of participants with account balances 2011-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2009 401k membership
Total participants, beginning-of-year 2009-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 12
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 3
Total of all active and inactive participants 2009-01-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 15
Number of participants with account balances 2009-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2023: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2023 401k membership
Total participants, beginning-of-year	2023-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	14
Number of retired or separated participants receiving benefits	2023-01-01	1
Number of other retired or separated participants entitled to future benefits	2023-01-01	7
Total of all active and inactive participants	2023-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	22
Number of participants with account balances	2023-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2022 401k membership
Total participants, beginning-of-year	2022-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	15
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	7
Total of all active and inactive participants	2022-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	23
Number of participants with account balances	2022-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2021 401k membership
Total participants, beginning-of-year	2021-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	16
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	9
Total of all active and inactive participants	2021-01-01	26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	26
Number of participants with account balances	2021-01-01	26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2020 401k membership
Total participants, beginning-of-year	2020-01-01	21
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	15
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	7
Total of all active and inactive participants	2020-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	23
Number of participants with account balances	2020-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2019 401k membership
Total participants, beginning-of-year	2019-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	14
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	6
Total of all active and inactive participants	2019-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	21
Number of participants with account balances	2019-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2018 401k membership
Total participants, beginning-of-year	2018-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	15
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	4
Total of all active and inactive participants	2018-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	19
Number of participants with account balances	2018-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2017 401k membership
Total participants, beginning-of-year	2017-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	15
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	2
Total of all active and inactive participants	2017-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	17
Number of participants with account balances	2017-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2016 401k membership
Total participants, beginning-of-year	2016-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	15
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	3
Total of all active and inactive participants	2016-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	18
Number of participants with account balances	2016-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2015 401k membership
Total participants, beginning-of-year	2015-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	16
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	2
Total of all active and inactive participants	2015-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	18
Number of participants with account balances	2015-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2014 401k membership
Total participants, beginning-of-year	2014-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	16
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	1
Total of all active and inactive participants	2014-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	17
Number of participants with account balances	2014-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2013 401k membership
Total participants, beginning-of-year	2013-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	14
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	1
Total of all active and inactive participants	2013-01-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	15
Number of participants with account balances	2013-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2012 401k membership
Total participants, beginning-of-year	2012-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	15
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	2
Total of all active and inactive participants	2012-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	17
Number of participants with account balances	2012-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2011 401k membership
Total participants, beginning-of-year	2011-01-01	16
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	15
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	2
Total of all active and inactive participants	2011-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	17
Number of participants with account balances	2011-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2009 401k membership
Total participants, beginning-of-year	2009-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	12
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	3
Total of all active and inactive participants	2009-01-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	15
Number of participants with account balances	2009-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE

Measure	Date	Value
2023 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2023 401k financial data
Total income from all sources	2023-12-31	$1,021,008
Expenses. Total of all expenses incurred	2023-12-31	$145,703
Benefits paid (including direct rollovers)	2023-12-31	$145,503
Total plan assets at end of year	2023-12-31	$4,198,485
Total plan assets at beginning of year	2023-12-31	$3,323,180
Value of fidelity bond covering the plan	2023-12-31	$332,319
Total contributions received or receivable from participants	2023-12-31	$131,984
Other income received	2023-12-31	$670,106
Net income (gross income less expenses)	2023-12-31	$875,305
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$4,198,485
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$3,323,180
Assets. Value of participant loans	2023-12-31	$111,039
Total contributions received or receivable from employer(s)	2023-12-31	$218,918
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$200
2022 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2022 401k financial data
Total income from all sources	2022-12-31	$-506,706
Expenses. Total of all expenses incurred	2022-12-31	$646,272
Benefits paid (including direct rollovers)	2022-12-31	$646,172
Total plan assets at end of year	2022-12-31	$3,323,180
Total plan assets at beginning of year	2022-12-31	$4,476,158
Value of fidelity bond covering the plan	2022-12-31	$447,616
Total contributions received or receivable from participants	2022-12-31	$135,018
Contributions received from other sources (not participants or employers)	2022-12-31	$29,024
Other income received	2022-12-31	$-871,761
Net income (gross income less expenses)	2022-12-31	$-1,152,978
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$3,323,180
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$4,476,158
Assets. Value of participant loans	2022-12-31	$103,085
Total contributions received or receivable from employer(s)	2022-12-31	$201,013
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$100
2021 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2021 401k financial data
Total income from all sources	2021-12-31	$943,813
Expenses. Total of all expenses incurred	2021-12-31	$236,204
Benefits paid (including direct rollovers)	2021-12-31	$235,924
Total plan assets at end of year	2021-12-31	$4,476,158
Total plan assets at beginning of year	2021-12-31	$3,768,549
Value of fidelity bond covering the plan	2021-12-31	$376,855
Total contributions received or receivable from participants	2021-12-31	$128,241
Contributions received from other sources (not participants or employers)	2021-12-31	$9,748
Other income received	2021-12-31	$636,976
Net income (gross income less expenses)	2021-12-31	$707,609
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$4,476,158
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$3,768,549
Assets. Value of participant loans	2021-12-31	$113,549
Total contributions received or receivable from employer(s)	2021-12-31	$168,848
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$280
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2020 401k financial data
Total income from all sources	2020-12-31	$851,935
Expenses. Total of all expenses incurred	2020-12-31	$202,385
Benefits paid (including direct rollovers)	2020-12-31	$202,285
Total plan assets at end of year	2020-12-31	$3,768,549
Total plan assets at beginning of year	2020-12-31	$3,118,999
Value of fidelity bond covering the plan	2020-12-31	$311,900
Total contributions received or receivable from participants	2020-12-31	$109,235
Contributions received from other sources (not participants or employers)	2020-12-31	$10,244
Other income received	2020-12-31	$573,292
Net income (gross income less expenses)	2020-12-31	$649,550
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$3,768,549
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,118,999
Assets. Value of participant loans	2020-12-31	$79,602
Total contributions received or receivable from employer(s)	2020-12-31	$159,164
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2019 401k financial data
Total income from all sources	2019-12-31	$869,524
Expenses. Total of all expenses incurred	2019-12-31	$284,868
Benefits paid (including direct rollovers)	2019-12-31	$284,868
Total plan assets at end of year	2019-12-31	$3,118,999
Total plan assets at beginning of year	2019-12-31	$2,534,343
Value of fidelity bond covering the plan	2019-12-31	$253,435
Total contributions received or receivable from participants	2019-12-31	$113,690
Other income received	2019-12-31	$597,633
Net income (gross income less expenses)	2019-12-31	$584,656
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$3,118,999
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,534,343
Assets. Value of participant loans	2019-12-31	$43,339
Total contributions received or receivable from employer(s)	2019-12-31	$158,201
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2018 401k financial data
Total income from all sources	2018-12-31	$190,789
Expenses. Total of all expenses incurred	2018-12-31	$62,572
Benefits paid (including direct rollovers)	2018-12-31	$62,572
Total plan assets at end of year	2018-12-31	$2,534,343
Total plan assets at beginning of year	2018-12-31	$2,406,126
Value of fidelity bond covering the plan	2018-12-31	$240,613
Total contributions received or receivable from participants	2018-12-31	$137,852
Other income received	2018-12-31	$-116,600
Net income (gross income less expenses)	2018-12-31	$128,217
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,534,343
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,406,126
Assets. Value of participant loans	2018-12-31	$70,207
Total contributions received or receivable from employer(s)	2018-12-31	$169,537
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2017 401k financial data
Total income from all sources	2017-12-31	$643,171
Expenses. Total of all expenses incurred	2017-12-31	$710,365
Benefits paid (including direct rollovers)	2017-12-31	$710,365
Total plan assets at end of year	2017-12-31	$2,406,126
Total plan assets at beginning of year	2017-12-31	$2,473,320
Value of fidelity bond covering the plan	2017-12-31	$247,332
Total contributions received or receivable from participants	2017-12-31	$126,655
Other income received	2017-12-31	$359,715
Net income (gross income less expenses)	2017-12-31	$-67,194
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,406,126
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,473,320
Assets. Value of participant loans	2017-12-31	$69,993
Total contributions received or receivable from employer(s)	2017-12-31	$156,801
2016 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2016 401k financial data
Total income from all sources	2016-12-31	$430,311
Expenses. Total of all expenses incurred	2016-12-31	$8,011
Benefits paid (including direct rollovers)	2016-12-31	$8,011
Total plan assets at end of year	2016-12-31	$2,473,320
Total plan assets at beginning of year	2016-12-31	$2,051,020
Value of fidelity bond covering the plan	2016-12-31	$205,102
Total contributions received or receivable from participants	2016-12-31	$131,075
Other income received	2016-12-31	$133,828
Net income (gross income less expenses)	2016-12-31	$422,300
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,473,320
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,051,020
Assets. Value of participant loans	2016-12-31	$65,660
Total contributions received or receivable from employer(s)	2016-12-31	$165,408
2015 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2015 401k financial data
Total income from all sources	2015-12-31	$199,852
Expenses. Total of all expenses incurred	2015-12-31	$566,446
Benefits paid (including direct rollovers)	2015-12-31	$566,446
Total plan assets at end of year	2015-12-31	$2,051,020
Total plan assets at beginning of year	2015-12-31	$2,417,614
Value of fidelity bond covering the plan	2015-12-31	$241,761
Total contributions received or receivable from participants	2015-12-31	$96,833
Contributions received from other sources (not participants or employers)	2015-12-31	$10,943
Other income received	2015-12-31	$-50,566
Net income (gross income less expenses)	2015-12-31	$-366,594
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,051,020
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,417,614
Assets. Value of participant loans	2015-12-31	$54,702
Total contributions received or receivable from employer(s)	2015-12-31	$142,642
2014 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2014 401k financial data
Total income from all sources	2014-12-31	$349,662
Expenses. Total of all expenses incurred	2014-12-31	$0
Total plan assets at end of year	2014-12-31	$2,417,614
Total plan assets at beginning of year	2014-12-31	$2,067,952
Value of fidelity bond covering the plan	2014-12-31	$206,795
Total contributions received or receivable from participants	2014-12-31	$96,192
Other income received	2014-12-31	$91,673
Net income (gross income less expenses)	2014-12-31	$349,662
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,417,614
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,067,952
Assets. Value of participant loans	2014-12-31	$76,555
Total contributions received or receivable from employer(s)	2014-12-31	$161,797
2013 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2013 401k financial data
Total income from all sources	2013-12-31	$598,011
Expenses. Total of all expenses incurred	2013-12-31	$205,311
Benefits paid (including direct rollovers)	2013-12-31	$205,311
Total plan assets at end of year	2013-12-31	$2,067,952
Total plan assets at beginning of year	2013-12-31	$1,675,252
Value of fidelity bond covering the plan	2013-12-31	$167,525
Total contributions received or receivable from participants	2013-12-31	$91,569
Contributions received from other sources (not participants or employers)	2013-12-31	$21,753
Other income received	2013-12-31	$330,663
Net income (gross income less expenses)	2013-12-31	$392,700
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,067,952
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,675,252
Assets. Value of participant loans	2013-12-31	$82,056
Total contributions received or receivable from employer(s)	2013-12-31	$154,026
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2012 401k financial data
Total income from all sources	2012-12-31	$380,179
Expenses. Total of all expenses incurred	2012-12-31	$35,777
Benefits paid (including direct rollovers)	2012-12-31	$35,777
Total plan assets at end of year	2012-12-31	$1,675,252
Total plan assets at beginning of year	2012-12-31	$1,330,850
Value of fidelity bond covering the plan	2012-12-31	$133,085
Total contributions received or receivable from participants	2012-12-31	$82,160
Contributions received from other sources (not participants or employers)	2012-12-31	$32,772
Other income received	2012-12-31	$136,762
Net income (gross income less expenses)	2012-12-31	$344,402
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,675,252
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,330,850
Assets. Value of participant loans	2012-12-31	$62,440
Total contributions received or receivable from employer(s)	2012-12-31	$128,485
2011 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2011 401k financial data
Total income from all sources	2011-12-31	$488,327
Expenses. Total of all expenses incurred	2011-12-31	$66,408
Benefits paid (including direct rollovers)	2011-12-31	$61,649
Total plan assets at end of year	2011-12-31	$1,330,850
Total plan assets at beginning of year	2011-12-31	$908,931
Value of fidelity bond covering the plan	2011-12-31	$90,893
Total contributions received or receivable from participants	2011-12-31	$75,314
Contributions received from other sources (not participants or employers)	2011-12-31	$275,475
Other income received	2011-12-31	$28,236
Net income (gross income less expenses)	2011-12-31	$421,919
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,330,850
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$908,931
Assets. Value of participant loans	2011-12-31	$71,049
Total contributions received or receivable from employer(s)	2011-12-31	$109,302
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$4,759
2010 : SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2010 401k financial data
Total income from all sources	2010-12-31	$216,516
Expenses. Total of all expenses incurred	2010-12-31	$10,697
Benefits paid (including direct rollovers)	2010-12-31	$10,697
Total plan assets at end of year	2010-12-31	$908,931
Total plan assets at beginning of year	2010-12-31	$703,112
Value of fidelity bond covering the plan	2010-12-31	$70,311
Total contributions received or receivable from participants	2010-12-31	$67,967
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$43,852
Net income (gross income less expenses)	2010-12-31	$205,819
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$908,931
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$703,112
Assets. Value of participant loans	2010-12-31	$21,215
Total contributions received or receivable from employer(s)	2010-12-31	$104,697
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0

Form 5500 Responses for SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE

2023: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SBERA 401(K) PLAN AS ADOPTED BY NEW ENGLAND AUTOMATED CLEARINGHOUSE 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NEW ENGLAND AUTOMATED CLEARINGHOUSE
Employer identification number (EIN):	042514013
NAIC Classification:	522120
NAIC Description:	Savings Institutions