Enrollment in 401(k) plans surged in the plans administered by Bank of America Merrill Lynch.
The retirement plan arm of the global bank services $136 billion for 2.6 million participants enrolled in more than 1,300 plans.
Within the BOA Merrill universe, the first half of 2015 saw 160,707 new plan enrollees, up a notable 44 percent from the same period in 2014.
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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.
