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Original filing (PDF)20250626112030NAL0021356354001
EASTERN BANK
Form 5500
FILING_RECEIVED
EASTERN BANK 401(K) PLAN
401(k) retirement plan
Signals · 2
14% employer stockNo recordkeeper disclosed
Active participants
1,950
Accounts w/ balance
2,643
Plan assets (EOY)
$343.6M
Net assets (EOY)
$343.6M
How this plan invests
This plan
31 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
96
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
88
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
- 14% of plan in employer / sponsor stock.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for EASTERN BANK.
Plan sponsor
Name
EASTERN BANK
EIN
04-3067724
Address
125 HIGH STREET · BOSTON, MA · 02110
Phone
(781) 598-7590
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-06-26
Pension benefit codes
2A · Age/service weighted or new comparability
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2S · Automatic enrollment
2T · Default investment account (QDIA)
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
2K · 401(m) arrangement
Audit & trust (Schedule H)
Auditor
WOLF AND COMPANY P.C
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | 84-0467907 | — | NONE | $237K | — |
| EMPOWER ADVISORY GROUP, LLC | 84-1532243 | — | NONE | $64K | — |
Investments
31 direct securities· $343.2M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Institutional Index Fund | — | — | — | $74.8M | 21.8% | |
| Eastern Bankshares, Inc. Eastern Bankshares, Inc. Common Stock | — | — | — | $47.5M | 13.8% | |
| Fidelity Blue Chip Growth K6 | — | — | — | $25.1M | 7.3% | |
| Vanguard Target Retirement 2030 | — | — | — | $22.0M | 6.4% | |
| Vanguard Treasury Money Mkt | — | — | — | $17.2M | 5.0% | |
| Conestoga Small Cap Institutional | — | — | — | $15.1M | 4.4% | |
| Vanguard Target Retirement 2035 | — | — | — | $13.8M | 4.0% | |
| Vanguard Target Retirement 2040 | — | — | — | $13.1M | 3.8% | |
| Dodge & Cox Dodge & Cox Stock Fund Class X | — | — | — | $11.1M | 3.2% | |
| Vanguard Total Bond Market Index Inst | — | — | — | $10.4M | 3.0% | |
| Vanguard Target Retirement 2050 | — | — | — | $10.3M | 3.0% | |
| Vanguard Target Retirement 2045 | — | — | — | $8.6M | 2.5% | |
| Vanguard Target Retirement 2025 | — | — | — | $7.7M | 2.2% | |
| Similar Party Description of Investment Cost (1) Current Value American Funds American Funds Europacific Gr R6 | — | — | — | $7.3M | 2.1% | |
| Vanguard Small Cap Index Adm | — | — | — | $6.1M | 1.8% | |
| Vanguard Developed Markets Index Admiral | — | — | — | $5.9M | 1.7% | |
| DFA U.S. Small Cap Value Fund | — | — | — | $5.9M | 1.7% | |
| Notes receivable from participants Interest rates ranging from 4.25% - 9.50% | — | — | — | $4.8M | 1.4% | |
| Vanguard Target Retirement 2055 | — | — | — | $4.8M | 1.4% | |
| Vanguard Target Retirement Income | — | — | — | $4.2M | 1.2% | |
| Vanguard Target Retirement 2020 | — | — | — | $4.2M | 1.2% | |
| Hartford Midcap R6 | — | — | — | $3.9M | 1.1% | |
| Dodge & Cox Dodge & Cox Income Fund X | — | — | — | $3.6M | 1.0% | |
| JP Morgan JP Morgan Emerging Markets Equity R6 | — | — | — | $2.8M | 0.8% | |
| DFA U.S. Sustainability Core 1 | — | — | — | $2.4M | 0.7% | |
| Vanguard Short-Term Treasury Idx Admiral | — | — | — | $2.2M | 0.6% | |
| Vanguard Target Retirement 2060 | — | — | — | $2.0M | 0.6% | |
| DFA Intl Sustainability Core 1 | — | — | — | $2.0M | 0.6% | |
| Vanguard Short Term Corporate Bd Idx Adm | — | — | — | $2.0M | 0.6% | |
| Vanguard Target Retirement 2065 | — | — | — | $1.6M | 0.5% | |
| Artisan High Income Instl | — | — | — | $1.0M | 0.3% |