Top ranked in participant satisfaction for website and online capabilities

In support of our ongoing commitments to continually invest in enhancing digital experiences, we are proud to announce Bank of America website and online capabilities have been ranked #1 by defined contribution (DC) plan participants, according to an industry-wide study.1

 

Through Financial Life Benefits®, your employees have access to a seamless, integrated solution that supports their holistic financial needs. It helps make it easier for them to manage all aspects of their financial lives — whether budgeting for day-to-day expenses, saving money to pay for health care, or planning for a steady stream of income in retirement.

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Learn how our offerings and capabilities can provide your business with a comprehensive solution.

1 Cogent Syndicated DC Participant Planscape™ study methodology: Cogent Syndicated, a division of Escalent, conducted an online survey of a representative cross section of 4,044 DC plan participants from May 18 to June 13, 2021. Survey participants were required to be 18 years or older and contribute at least 1% to a current plan and/or have $5,000 or more in at least one former plan. Targets were set to investor gender, region, age, education and household income using US census data filtered by the screening criteria (a market-sizing flyover survey was used in order to filter the US census data). The data have a margin of error of ±1.54% at the 95% confidence level. The ranking or ratings shown here may not be representative of all client experiences because they reflect an average or sampling of the client experiences. These rankings or ratings are not indicative of any future performance or investment outcome. Participation in this survey was not paid for by Bank of America.