401k Plan data: SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. plan

SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 401k Plan overview

Plan Name	SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC.
Plan identification number	002

SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 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.
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

BROOKLINE BANCORP, INC. has sponsored the creation of one or more 401k plans.

Company Name: BROOKLINE BANCORP, INC.

Employer identification number (EIN): 043402944

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 BROOKLINE BANCORP, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2015-01-01 MARIAN MEEHAN
002 2015-01-01 MARIAN MEEHAN 2017-11-08
002 2014-01-01 THOMAS FORESE, JR.
002 2013-01-01 THOMAS FORESE JR

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2015-01-01	MARIAN MEEHAN
002	2015-01-01	MARIAN MEEHAN	2017-11-08
002	2014-01-01	THOMAS FORESE, JR.
002	2013-01-01	THOMAS FORESE JR

Plan Statistics for SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC.

401k plan membership statisitcs for SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC.

Measure Date Value
2015: SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 2015 401k membership
Total participants, beginning-of-year 2015-01-01 755
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 0
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 0
Total of all active and inactive participants 2015-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 0
Number of participants with account balances 2015-01-01 0
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 BROOKLINE BANCORP, INC. 2014 401k membership
Total participants, beginning-of-year 2014-01-01 723
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 457
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 298
Total of all active and inactive participants 2014-01-01 755
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 755
Number of participants with account balances 2014-01-01 744
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 37
2013: SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 2013 401k membership
Total participants, beginning-of-year 2013-01-01 643
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 455
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 268
Total of all active and inactive participants 2013-01-01 723
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 723
Number of participants with account balances 2013-01-01 714
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 36

Measure	Date	Value
2015: SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 2015 401k membership
Total participants, beginning-of-year	2015-01-01	755
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	0
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	0
Total of all active and inactive participants	2015-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	0
Number of participants with account balances	2015-01-01	0
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 BROOKLINE BANCORP, INC. 2014 401k membership
Total participants, beginning-of-year	2014-01-01	723
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	457
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	298
Total of all active and inactive participants	2014-01-01	755
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	755
Number of participants with account balances	2014-01-01	744
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	37
2013: SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 2013 401k membership
Total participants, beginning-of-year	2013-01-01	643
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	455
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	268
Total of all active and inactive participants	2013-01-01	723
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	723
Number of participants with account balances	2013-01-01	714
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	36

Financial Data on SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC.

Measure	Date	Value
2015 : SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-01-02	$0
Total transfer of assets from this plan	2015-01-02	$34,185,887
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-01-02	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-01-02	$0
Total income from all sources (including contributions)	2015-01-02	$1
Total loss/gain on sale of assets	2015-01-02	$0
Total of all expenses incurred	2015-01-02	$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-01-02	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-01-02	$0
Value of total assets at end of year	2015-01-02	$0
Value of total assets at beginning of year	2015-01-02	$34,185,886
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-01-02	$0
Total interest from all sources	2015-01-02	$0
Total dividends received (eg from common stock, registered investment company shares)	2015-01-02	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-01-02	No
Was this plan covered by a fidelity bond	2015-01-02	Yes
Value of fidelity bond cover	2015-01-02	$500,000
If this is an individual account plan, was there a blackout period	2015-01-02	Yes
Were there any nonexempt tranactions with any party-in-interest	2015-01-02	No
Participant contributions at end of year	2015-01-02	$0
Participant contributions at beginning of year	2015-01-02	$958,827
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-01-02	No
Value of net income/loss	2015-01-02	$1
Value of net assets at end of year (total assets less liabilities)	2015-01-02	$0
Value of net assets at beginning of year (total assets less liabilities)	2015-01-02	$34,185,886
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-01-02	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-01-02	No
Were any leases to which the plan was party in default or uncollectible	2015-01-02	No
Value of interest in common/collective trusts at end of year	2015-01-02	$0
Value of interest in common/collective trusts at beginning of year	2015-01-02	$33,227,059
Net investment gain or loss from common/collective trusts	2015-01-02	$1
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-01-02	No
Was there a failure to transmit to the plan any participant contributions	2015-01-02	No
Has the plan failed to provide any benefit when due under the plan	2015-01-02	No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2015-01-02	Yes
Did the plan have assets held for investment	2015-01-02	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-01-02	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-01-02	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-01-02	Yes
Opinion of an independent qualified public accountant for this plan	2015-01-02	Disclaimer
Accountancy firm name	2015-01-02	BATCHELOR FRECHETTE MCCRORY MICHAEL
Accountancy firm EIN	2015-01-02	050487888
2014 : SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$5,698,525
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$6,590,110
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$6,536,988
Expenses. Certain deemed distributions of participant loans	2014-12-31	$53,122
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$3,740,189
Value of total assets at end of year	2014-12-31	$34,185,886
Value of total assets at beginning of year	2014-12-31	$35,077,471
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$0
Total interest from all sources	2014-12-31	$34,539
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$2,161,287
Participant contributions at end of year	2014-12-31	$958,827
Participant contributions at beginning of year	2014-12-31	$811,032
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$56,255
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$-891,585
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$34,185,886
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$35,077,471
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Interest on participant loans	2014-12-31	$34,539
Value of interest in common/collective trusts at end of year	2014-12-31	$33,227,059
Value of interest in common/collective trusts at beginning of year	2014-12-31	$34,266,439
Net investment gain or loss from common/collective trusts	2014-12-31	$1,923,797
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$1,522,647
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$6,536,988
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Unqualified
Accountancy firm name	2014-12-31	JOHNSON OCONNOR FERON & CARUCCI LLP
Accountancy firm EIN	2014-12-31	203985546
2013 : SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$9,707,114
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$1,385,299
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,320,601
Expenses. Certain deemed distributions of participant loans	2013-12-31	$64,698
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$4,169,634
Value of total assets at end of year	2013-12-31	$35,077,471
Value of total assets at beginning of year	2013-12-31	$26,755,656
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$0
Total interest from all sources	2013-12-31	$34,721
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$1,973,130
Participant contributions at end of year	2013-12-31	$811,032
Participant contributions at beginning of year	2013-12-31	$826,104
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$573,001
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$8,321,815
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$35,077,471
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$26,755,656
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Interest on participant loans	2013-12-31	$34,721
Value of interest in common/collective trusts at end of year	2013-12-31	$34,266,439
Value of interest in common/collective trusts at beginning of year	2013-12-31	$25,929,552
Net investment gain or loss from common/collective trusts	2013-12-31	$5,502,759
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$1,623,503
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,320,601
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	MARCUM LLP
Accountancy firm EIN	2013-12-31	111986323

Form 5500 Responses for SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC.

2015: SBERA 401(K) PLAN AS ADOPTED BY BROOKLINE BANCORP, INC. 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	Yes
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
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 BROOKLINE BANCORP, INC. 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 BROOKLINE BANCORP, INC. 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

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Company Name:	BROOKLINE BANCORP, INC.
Employer identification number (EIN):	043402944
NAIC Classification:	522120
NAIC Description:	Savings Institutions