Plain-English plan 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, The Bank Of America Transferred Savings Account Plan is a benefit plan reported by Bank Of America Corporation under EIN 56-0906609 and plan number 007. The latest loaded filing year is 2023. The filing reports 10,258 participants and $1,070,736,111 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,070,736,111
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,070,736,111
- Net assets (BOY)
- $1,006,837,781
Income & contributions
- Total contributions
- $0
- Total income / additions
- $172,054,737
Expenses & distributions
- Benefits paid
- $108,249,916
- Administrative expenses
- $0
- Total expenses
- $108,249,916
- Net increase / (decrease)
- $63,804,821