Bank of America Employee Benefit: 401K Plan | Glassdoor

Bank of America 401K Plan

Updated Jul 20, 2014

2577 employees reported this benefit

4.2
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Employer Summary

Bank of America offers a 401k plan.

This information about the 401K Plan benefit at Bank of America is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Bank of America. The description here may not reflect the current Bank of America 401K Plan benefit.


Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 544
  • Oct 16, 2018
    StarStarStarStarStar Former Employee in New York, New York State

    Great 401K plans offered. Before you now it, you have a sizable amount saved away with the company's matching program.

  • Oct 12, 2018
    StarStarStarStarStar Current Employee in Phoenix, Arizona

    What's not to like? I enjoy losing all my savings overnight and worrying about affording my future studio apartment and rationing every basic need when retiring at age 82.

  • Oct 08, 2018
    StarStarStarStarStar Former Employee in San Francisco, California

    Who doesn't like free money? Everyone should invest at least enough to get 100% of the employer matching funds. You never miss the money you invest yourself, since it's pre-tax.

  • Oct 08, 2018
    StarStarStarStarStar Current Photo Designer in Cannady, Virginia

    Perhaps this is due to the huge number of people who are forced to use this company. This amount is, of course, a huge profit for the company

  • Sep 26, 2018
    StarStarStarStarStar Former Mortgage Loan Officer in Charlotte, North Carolina

    Company match up to four percent

  • Sep 25, 2018
    StarStarStarStarStar Former Relationship Banker in Charlotte, North Carolina

    Companies matched 5% and more depends on tenure.

  • Sep 24, 2018
    StarStarStarStarStar Former Employee in Atlanta, Georgia

    Great match after one year of employment

  • Sep 19, 2018
    StarStarStarStarStar Current Relationship Manager in San Jose, California

    Matching up to 5% after 1 year working

  • Sep 18, 2018
    StarStarStarStarStar Former Financial Center Manager in Norwalk, Connecticut

    Affordable and easy to enroll

  • Sep 12, 2018
    StarStarStarStarStar Current Employee in Jersey City, New Jersey

    Matching isn’t very attractive. Takes a few years to vest.


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