Bank Of America Retirement Plan For Dollar Paid Employees Of Military Banking Division — Form 5500 plan (Bank Of America, N.A.)
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, Bank Of America Retirement Plan For Dollar Paid Employees Of Military Banking Division is a benefit plan reported by Bank Of America, N.A. under EIN 94-1687665 and plan number 010. The latest loaded filing year is 2023. The filing reports 340 participants and $13,206,861 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bank Of America, N.A.
- EIN
- 94-1687665
- Plan number
- 010
- Plan type
- 2
- Location
- Riverside, RI
- Latest filing year
- 2023
- Participants
- 340
- End-of-year plan assets
- $13,206,861
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 340 | H, C | 20240812111716NAL0005125395001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,206,861
- Total liabilities (EOY)
- $39,799
- Net assets (EOY)
- $13,167,062
- Net assets (BOY)
- $11,828,348
Income & contributions
- Employer contributions
- $300,000
- Total contributions
- $300,000
- Total income / additions
- $2,225,384
Expenses & distributions
- Benefits paid
- $611,249
- Administrative expenses
- $275,421
- Total expenses
- $886,670
- Net increase / (decrease)
- $1,338,714
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson | NONE | $106,191 | not reported in the loaded dataset | 2023 |
| Mcconnell & Jones Llp | NONE | $55,169 | not reported in the loaded dataset | 2023 |
| Smith & Downey, P.A. | NONE | $15,250 | not reported in the loaded dataset | 2023 |
| Bank Of America Retirement Services | INTERNAL BANK DEPT. | $9,248 | not reported in the loaded dataset | 2023 |
| Bank Of America Personnel Center | INTERNAL BANK DEPT. | $6,635 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bank Of America, N.A.
- 2023 Form 5500 filing
- Form 5500 filings in RI
- 401(k) and benefit plan filings in Riverside, RI
- Willis Towers Watson — Schedule C compensation
- Mcconnell & Jones Llp — Schedule C compensation
- Smith & Downey, P.A. — Schedule C compensation
- Bank Of America Retirement Services — Schedule C compensation
- Bank Of America Personnel Center — Schedule C compensation