Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
EASTERN BANK
EIN 04-3067724bankingLatest filing 2024
Plans
4
Retirement
3
$853.4M assets
Welfare
1
$21.1M premiums
Participants
8,574
Retirement portfolio analytics
3 plans aggregated / $853.4M assets / 6,762 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
60%top
- (Not disclosed)60%
- GREAT-WEST LIFE & ANNUITY INSURANCE40%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $21.1M premiums / 2,844 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$20.9M
- Health$19.8M
- Dental$19.8M
- Prescription drug$19.8M
- Life$1.2M
- Long-term disability$1.2M
- +1 more
Carrier market share
Premium dollars by Schedule A carrier
94%top
- CIGNA HEALTH AND LIFE INSURANCE COMPANY94%
- UNUM LIFE INSURANCE COMPANY OF AMERICA6%
- EYEMED VISION CARE1%
- HARTFORD LIFE AND ACCIDENT0%
Broker market share
Schedule A broker compensation
87%top
- GALLAGHER BENEFIT SERVICES, INC.87%
- EASTERN BENEFITS GROUP13%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK
TraditionalDB
Assets$490.2M
Participants3,592
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002
EASTERN BANK 401(K) PLAN
401k
Assets$343.6M
Participants2,685
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#003
CAMBRIDGE BANCORP EMPLOYEE STOCK OWNERSHIP PLAN
ESOP
Assets$19.6M
Participants485
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
EASTERN BANK EMPLOYEE BENEFITS PLAN
Fully Insured - CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES
Premiums$21.1M
Covered lives2,844
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | SBERA PENSION PLAN AS ADOPTED BY EASTERN BANK | TraditionalDB | $490.2M | 3,592 | 2024 | |
| 002 | EASTERN BANK 401(K) PLAN | 401k | $343.6M | 2,685 | 2024 | |
| 003 | CAMBRIDGE BANCORP EMPLOYEE STOCK OWNERSHIP PLAN | ESOP | $19.6M | 485 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | EASTERN BANK EMPLOYEE BENEFITS PLAN | Fully Insured | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $21.1M | 2,844 | 2024 |
Retirement plans
Welfare plans