Participants in 401(k) plans administered by Bank of America Merrill Lynch had a banner 2016.
According to the firm’s quarterly Plan Wellness Scorecard, total plan assets increased 17 percent last year. All told, BofA Merrill manages $181 billion in total workplace retirement assets for 3.1 million plan participants.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
