2023 Form 5500 filing — The Bank Of America Transferred Savings Account 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 20240812112033NAL0005127363001) for The Bank Of America Transferred Savings Account Plan, reported by Bank Of America Corporation under EIN 56-0906609 and plan number 007. It reports 10,258 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240812112033NAL0005127363001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bank Of America Corporation
- EIN
- 56-0906609
- Plan number
- 007
- Location
- Riverside, RI
- Participants
- 10,258
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,070,736,111
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,070,736,111
- Total income / additions
- $172,054,737
- Benefits paid
- $108,249,916
- Administrative expenses
- $0
- Total expenses
- $108,249,916
- Net increase / (decrease)
- $63,804,821
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Inst. Ops. Co. | NONE | $0 | $0 |