Bank of America Employee Benefit: 401K Plan | Glassdoor

Bank of America 401K Plan

Updated Aug 22, 2019

3002 employees reported this benefit

4.2
StarStarStarStarStar

Employer Summary

Bank of America offers a 401k plan.


Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 620
  • May 26, 2020
    StarStarStarStarStar Former Executive Director in Los Angeles, California

    Matching program 50% up to first 6%

  • Apr 28, 2020
    StarStarStarStarStar Former Identity and Access Management Analyst in Columbia, South Carolina

    Excellent and the bank matches your contribution for the first 4%.

  • Apr 21, 2020
    StarStarStarStarStar Current Employee in New York, New York State

    They do match the 401k . It's usually a 5% match -- compared to other companies it seems to be fine.

  • Apr 21, 2020
    StarStarStarStarStar Current Relationship Manager in Walnut Creek, California

    They match your contributions up to 5% if i am not wrong.

  • Apr 01, 2020
    StarStarStarStarStar Current Sr Tech Mgr in Charlotte, North Carolina

    It is same as other businesses

  • Mar 31, 2020
    StarStarStarStarStar Current Senior Fraud Analyst in Newark, Delaware

    Ok plan. They say unlimited withdrawal but not really

  • Mar 29, 2020
    StarStarStarStarStar Former Executive Director in New York, New York State

    Full matching and Merrill Lynch where plans are held has reasonable service and interface.

  • Mar 20, 2020
    StarStarStarStarStar Current Fraud Analyst in Baltimore, Maryland

    The 401k plan helps you to save money

  • Mar 19, 2020
    StarStarStarStarStar Current VP-Technology in New York, New York State

    they provided 401k to employees

  • Mar 09, 2020
    StarStarStarStarStar Former Employee in New York, New York State

    When you complete the activities – a health screening and a health questionnaire – you’ll keep a $500 credit toward your 2020 medical premiums (or a $1,000 credit if your covered spouse or partner also completes the activities).


Work at Bank of America? Share Your Experiences

Bank of America
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or