2023 Form 5500 filing — The Bank Of America 401(K) Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240717090659NAL0002379907001) for The Bank Of America 401(K) Plan, reported by Bank Of America Corporation under EIN 56-0906609 and plan number 003. It reports 263,860 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

EFAST2 acknowledgement
20240717090659NAL0002379907001
Filing year
2023
Form type
2
Plan sponsor
Bank Of America Corporation
EIN
56-0906609
Plan number
003
Location
Charlotte, NC
Participants
263,860
Schedules available
Schedule H
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$54,848,846,192
Total liabilities (EOY)
$9,249,637
Net assets (EOY)
$54,839,596,555
Employer contributions
$1,253,316,447
Participant contributions
$1,620,806,733
Total income / additions
$11,085,783,545
Benefits paid
$3,374,625,677
Administrative expenses
$0
Total expenses
$3,374,625,677
Net increase / (decrease)
$7,711,157,868
Schedule source
Schedule H

Related Form 5500 pages