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Sponsor portfolioTH

SALEM FIVE CENTS SAVINGS BANK

EIN 04-1802790-Finance and Insurance-Latest filing 2025
Plans
3
Retirement
2
$189.8M assets
Welfare
1
$12.8M premiums
Participants
1,783
210 ESSEX STREET - SALEM, MA 01970978-720-5635directbanking.comLinkedIn1-10 employees
Plans on this EIN
3 filings
#002401k-$114.8M - 895 part#001TraditionalDB-$75.0M - 278 part#501Fully Insured-$12.8M - 1,130 lives

Retirement portfolio analytics

2 plans aggregated / $189.8M assets / 1,173 participants

Assets by plan

Share of aggregate retirement assets

60%top
  • 401(K) RETIREMENT PLAN (#002)60%
  • CENTS SAVINGS BANK (#001)40%
Total $189.8MClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
60%top
  • GREAT-WEST LIFE & ANNUITY INSURANCE60%
  • (Not disclosed)40%
Total $189.8MClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • 401(K) RETIREMENT PLAN (#002)895
  • CENTS SAVINGS BANK (#001)278
Total 1,173Click row to drill in

Benefits portfolio analytics

1 plan / $12.8M premiums / 1,130 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$12.3M
  • Dental$12.3M
  • Vision$12.3M
  • Other$208K
  • Life$167K
  • Long-term disability$107K
  • +1 more
Total $12.8M7 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
97%top
  • AETNA LIFE INSURANCE COMPANY97%
  • UNITED OF OMAHA LIFE INSURANCE COMPANY3%
  • UNUM LIFE INSURANCE COMPANY OF AMERICA0%
  • PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD0%
  • NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA0%
Total $12.8M5 slices

Broker market share

Schedule A broker compensation

Split broker
98%top
  • MARSH & MCLENNAN AGENCY LLC98%
  • USI INSURANCE SERVICES LLC1%
  • UNIQUE BENEFITS GROUP INC1%
  • GALLAGHER BENEFIT SERVICES, INC.0%
Total $63K4 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#002

SALEM FIVE 401(K) RETIREMENT PLAN

401k

Assets$114.8M
Participants895
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001

SBERA PENSION PLAN AS ADOPTED BY SALEM FIVE CENTS SAVINGS BANK

TraditionalDB

Assets$75.0M
Participants278
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

SALEM FIVE CENTS SAVINGS BANK CONSOLIDATED BENEFITS PLAN

Fully Insured - AETNA LIFE INSURANCE CO

Premiums$12.8M
Covered lives1,130
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans2

Plan #NameTypeAssetsParticipantsLatest year
002SALEM FIVE 401(K) RETIREMENT PLAN401k$114.8M8952025
001SBERA PENSION PLAN AS ADOPTED BY SALEM FIVE CENTS SAVINGS BANKTraditionalDB$75.0M2782025

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501SALEM FIVE CENTS SAVINGS BANK CONSOLIDATED BENEFITS PLANFully InsuredAETNA LIFE INSURANCE CO$12.8M1,1302025
Retirement plans
Welfare plans
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