2023 Form 5500 filing — Bank Of America Retirement Plan For Dollar Paid Employees Of Military Banking Division
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 20240812111716NAL0005125395001) for Bank Of America Retirement Plan For Dollar Paid Employees Of Military Banking Division, reported by Bank Of America, N.A. under EIN 94-1687665 and plan number 010. It reports 340 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240812111716NAL0005125395001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bank Of America, N.A.
- EIN
- 94-1687665
- Plan number
- 010
- Location
- Riverside, RI
- Participants
- 340
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,206,861
- Total liabilities (EOY)
- $39,799
- Net assets (EOY)
- $13,167,062
- Employer contributions
- $300,000
- Total income / additions
- $2,225,384
- Benefits paid
- $611,249
- Administrative expenses
- $275,421
- Total expenses
- $886,670
- Net increase / (decrease)
- $1,338,714
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson | NONE | $106,191 | not reported in the loaded dataset |
| Mcconnell & Jones Llp | NONE | $55,169 | not reported in the loaded dataset |
| Smith & Downey, P.A. | NONE | $15,250 | not reported in the loaded dataset |
| Bank Of America Retirement Services | INTERNAL BANK DEPT. | $9,248 | not reported in the loaded dataset |
| Bank Of America Personnel Center | INTERNAL BANK DEPT. | $6,635 | not reported in the loaded dataset |