The Bank Of America 401(k) Plan

Wealthminder's Take

The Bank Of America 401(k) Plan at Bank Of America Corporation in the Management of Companies and Enterprises industry has 17 investment options, and a total of $20,095,180,107.00 in assets. With 238,853 participants, the The Bank Of America 401(k) Plan has an average balance per participant of $84,132.00.

Plan Ratings
Compared to other Management of Companies and Enterprises plans
Wealthminder Rating
3
60
Your Plan
91

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
40
Company Match Level
68
Employee Participation Rate
71
Employee Contribution Level
69
Average Balance Size
67
Bank Of America Corporation Details
Address
100 N. Tryon Street, Nc1-007-08-29
Charlotte, NC 28255
Telephone
800-556-6044
Total Assets
$20,095,180,107.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
238,853
Plan Investment Options
Name
Sponsor
Current Value
Stable Value Master Trust
Bank Of America Corporation
$2,895,314,586.00
Mfs International Growth Fund Ii
Mfs Heritage Trust Company
$835,936,424.00
Equity Dividend Fund
Blackrock Institutional Trust Company, N.a.
$586,984,705.00
Fundamental Large Cap Growth Fund
Blackrock Institutional Trust Company, N.a.
$402,527,009.00
Lifepath Index 2030 Fund Q
Blackrock Institutional Trust Company, N.a.
$342,583,901.00
Lifepath Index Retirement Fund Q
Blackrock Institutional Trust Company, N.a.
$308,530,005.00
Lifepath Index 2020 Fund Q
Blackrock Institutional Trust Company, N.a.
$304,626,359.00
Lifepath Index 2025 Fund Q
Blackrock Institutional Trust Company, N.a.
$303,069,992.00
Lifepath Index 2035 Fund Q
Blackrock Institutional Trust Company, N.a.
$283,594,227.00
Lifepath Index 2040 Fund Q
Blackrock Institutional Trust Company, N.a.
$279,534,315.00
Real Asset Fund
State Street Global Advisors
$210,603,659.00
Lifepath Index 2045 Fund Q
Blackrock Institutional Trust Company, N.a.
$168,297,560.00
Lifepath Index 2050 Fund Q
Blackrock Institutional Trust Company, N.a.
$131,191,765.00
Lifepath Index 2055 Fund Q
Blackrock Institutional Trust Company, N.a.
$81,039,621.00
Small Mid/core
Pyramis
$48,460,832.00
Lifepath Index 2060 Fund Q
Blackrock Institutional Trust Company, N.a.
$866,527.00
Lifepath Index 2015 Fund Q
Blackrock Institutional Trust Company, N.a.
$.00
Service Providers
  • Fidelity Investments Inst. Ops. Co.
  • Bank Of America Retirement Services
  • Morris Davis Chan & Tan Llp
  • Bank Of America Personnel Center
  • Mcdermott Will & Emery Llp
  • K & L Gates, Llp
  • Callan Associates
  • The Bank Of New York Mellon
  • Blackrock Advisors, Llc
  • Blackrock Fund Advisors
  • Blackrock Inst. Trust Company, N.a.
  • Boston Financial Data Services
  • Brown Brothers Harriman & Co
  • Charles Schwab & Co., Inc.
  • Dodge & Cox
  • Jpmorgan Chase Bank, N.a.
  • Mfs Heritage Trust Company
  • Pimco
  • Pyramis Global Advisors
  • Qs Batterymarch Financial Mgmt, Inc
  • State Street Bank And Trust Company
  • State Street Global Advisors
  • T. Rowe Price Associates, Inc.
  • Templeton Investment Counsel, Llc
  • The Vanguard Group, Inc.
  • Western Asset Mangement Company
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