Bank Of America N.A. — Form 5500 Schedule C service provider compensation

Reported service provider summary

According to public Form 5500 Schedule C data published through 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 N.A. is reported as a service provider on 23 loaded Form 5500 filing(s) across 21 plan sponsor(s) and 23 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $2,136,733 and reported indirect compensation totals $11.

Schedule C · 2023

Reported compensation dashboard

Total reported compensation$2.1MDirect + indirect, across loaded filings$2,136,744
Plans served23
Plan sponsors21
Filings23
Direct vs. indirect compensation
Direct compensation$2.1M
Indirect compensation$11

Direct compensation is paid to the provider from the plan; indirect compensation is received from other sources in connection with the plan (e.g. revenue sharing). Both are reported on Schedule C.

Figures are reported Schedule C service provider compensation as disclosed by plan sponsors. They are presented objectively and are not a statement about whether any compensation is high, low, or reasonable.

Computed from loaded filings

Concentration

Top sponsor share of compensation20%Glencore Ltd.
Top state share of plans29%NY
Plan sponsors served21
By reported compensation

Top plan sponsors by reported compensation

Employers reporting the most compensation to Bank Of America N.A.. Bars show relative scale.

  1. 1
    NY · 2 plan(s)
  2. 2
    MI · 1 plan(s)
  3. 3
    NJ · 1 plan(s)
  4. 4
  5. 5
    PA · 1 plan(s)
  6. 6
  7. 7
    OH · 1 plan(s)
  8. 8
    NY · 1 plan(s)
  9. 9
    RI · 1 plan(s)
  10. 10
    VA · 1 plan(s)
Geographic reach

State footprint

Where Bank Of America N.A. appears: states where the plans that report this provider are sponsored, ranked by plan count. This reflects the sponsor's location, not where services were performed.

  1. 1
    NY6 plan(s)
  2. 2
    NJ3 plan(s)
  3. 3
    WA2 plan(s)
  4. 4
    MA2 plan(s)
  5. 5
    MI1 plan(s)
  6. 6
    MO1 plan(s)
  7. 7
    IL1 plan(s)
  8. 8
    FL1 plan(s)
  9. 9
    OH1 plan(s)
  10. 10
    PA1 plan(s)
  11. 11
    RI1 plan(s)
  12. 12
    TN1 plan(s)
Geographic reach

City footprint

Cities where plans reporting Bank Of America N.A. are sponsored, by plan count.

  1. 1
    New York, NY4 plan(s)
  2. 2
  3. 3
    Seattle, WA2 plan(s)
  4. 4
  5. 5
    St. Louis, MO1 plan(s)
  6. 6
  7. 7
  8. 8
  9. 9
    Barrow, AK1 plan(s)
  10. 10
    Valhalla, NY1 plan(s)
By reported compensation

Plans reporting this provider

Loaded Form 5500 filings that report compensation to this provider, ranked. Bars show relative scale.

  1. 1
    Federal-Mogul Powertrain LLC, MI · Direct $391K · Indirect $0 · 2023
  2. 2
    Curtiss Wright Corporation, NJ · Direct $342.6K · 2023
  3. 3
    Glencore Ltd., NY · Direct $212.4K · 2023
  4. 4
    Glencore Ltd., NY · Direct $212.1K · Indirect $0 · 2023
  5. 5
    Terminal Railroad Association Of St. Louis, MO · Direct $165.8K · 2023
  6. 6
    Colorcon, Inc., PA · Direct $146K · Indirect $0 · 2023
  7. 7
    Tallahassee Memorial Healthcare, Inc., FL · Direct $140.5K · 2023
  8. 8
    Perstorp Holding (U.S.), Inc., OH · Direct $127.8K · 2023
  9. 9
    The Kensico Cemetery, NY · Direct $117.3K · 2023
  10. 10
    Stephen Del Sesto, Receiver, RI · Direct $54.7K · Indirect $0 · 2023
  11. 11
    Carpenter Co., VA · Direct $53.9K · Indirect $11 · 2023
  12. 12
    Hollingsworth & Vose Company, MA · Direct $30.9K · 2023
  13. 13
    Mckinsey & Company, Inc., NY · Direct $25.9K · 2023
  14. 14
    Northwest Employees Retirement Pln, WA · Direct $25.2K · Indirect $0 · 2023
  15. 15
    Teachers College Columbia University, NY · Direct $18.4K · Indirect $0 · 2023
  16. 16
    Hollingsworth & Vose Company, MA · Direct $15.1K · 2023
  17. 17
    Board Of Trustees, Unitehere Northwest Pension Trust Fund, WA · Direct $14.9K · 2023
  18. 18
    Tropicana Atlantic City Corp, NJ · Direct $11.5K · 2023
  19. 19
    Hca Inc., TN · Direct $10.6K · 2023
  20. 20
    Arctic Slope Regional Corporation, AK · Direct $9.8K · Indirect $0 · 2023
  21. 21
    Bally Americas Inc., NJ · Direct $6.9K · Indirect $0 · 2023
  22. 22
    Kimco Realty Corporation, NY · Direct $3.6K · Indirect $0 · 2023
  23. 23
    The Options Clearing Corporation, IL · Direct $0 · 2023

What to inspect next

Frequently asked questions

What does Form 5500 Schedule C report about Bank Of America N.A.?
Public Form 5500 Schedule C filings report compensation paid to Bank Of America N.A. as a plan service provider. Across loaded filings, total reported compensation is $2,136,744.
How many plans report Bank Of America N.A. as a service provider?
Bank Of America N.A. appears on 23 loaded plan(s) across 21 sponsor(s).

Related Form 5500 pages