Defined Benefit (Pension) · DOL Form 5500 · 2022

Bank of America, N.a. Pension Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
96
Participants Small participant base
68th
Percentile by assets National rank
$123,252
Avg per participant Near avg balance/head
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Official DOL plan name: Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division · Sponsored by Bank of America, N.a. · Rhode Island · Management of Enterprises

$12M in assets, 96 participants

Bank of America, N.a.'s Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division reported $12M in total assets and 96 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #564 in Management of Enterprises (1,193 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division ranks #564 of 1,193 2022 filers by assets (3005% of the sector average)-$12M for 96 participants.

#564
in Management of Enterprises (1,193 peers)
-18.5%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division's outsized position by total assets

Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,832,200 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division is a small filing (96 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 941687665 · Bank of America, N.a. PY 2022 · Defined Benefit (Pension)

Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division · $12M · 96 · 68th

  • EOY $12M
  • EOY 96
  • EOY 68th
  • EOY Defined Benefit (Pension)
  • EOY near Bricklayers Local No. 55 Pension Plan
  • EOY ind #564

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Rhode Island →

Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division in the asset neighbourhood

The Pension Plan for the Employees of the American CollegeThe Pension Plan for the Emp…$12MBank of America Retirement Plan for Dollar Paid Employees of Military Banking DivisionBank of America Retirement P…$12MBricklayers Local No. 55 Pension PlanBricklayers Local No. 55 Pen…$12MRetirement Plan for Puerto Rico Employees of Kraft Foods Group, Inc.Retirement Plan for Puerto R…$12MRetirement Plan for Employees of George J. Howe CompanyRetirement Plan for Employee…$12M
End-of-year total assets ($M) among Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income-$3M
Employer EIN941687665
Plan Effective Date1988-04-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of America, N.a.)

Sponsor-wide plan assets over time

All Bank of America, N.a. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 11.61796622775139% vs 2022
2023 filing year
$11.5M$12M$12.5M$13M$13.5M 20222023 $11.8M $13.2M ▲ +11.7%
Year Plans Participants Total Assets
2022 1 96 $12M
2023 1 89 $13M

Nearby Defined Benefit (Pension) Plans in Rhode Island

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division, Total assets ($B): 0.0118322 · Participants: 96Bank of America Retirement Plan for Dollar Paid Employees of Military Banking DivisionThe Bank of America Pension Plan, Total assets ($B): 18.835300915 · Participants: 59906The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 4.972448304 · Participants: 7702Textron Master Retirement PlanFactory Mutual Insurance Company Pension Plan, Total assets ($B): 2.658220492 · Participants: 3598Factory Mutual Insurance Company Pension PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.134460957 · Participants: 2995Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.727351006 · Participants: 2750Amica Pension Fund
Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
Compare Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division side-by-side with 3 peers →

Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Bricklayers Local No. 55 Pension Plan in IN ($12M); by covered participants it is Angola Wire Pension Trust in IN (96 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (96 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division assets move in 2022? ▼
Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division declined sharply - down 18.5% during 2022, from $15M to $12M. Reported net income was -$3M.
How have Bank of America, N.a. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Bank of America, N.a.'s sponsor-wide assets grew 11.6%, from $12M to $13M.
Which Defined Benefit (Pension) plans are similar in size to Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bricklayers Local No. 55 Pension Plan in IN ($12M, 147 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bank of America Retirement Plan for Dollar Paid Employees of Military Banking Division? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Angola Wire Pension Trust in IN (96 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 941687665.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.