Even as market uncertainty persists, employees using Bank of America Merrill Lynch’s automatic 401(k) savings plans are showing they want to stay the course when it comes to positive savings behavior, according to the firm’s latest quarterly data.
The results come in the latest 401(k) Wellness Scorecard released by the firm this week that details its second quarter results. The report provides a look at how the $94 billion in client plan assets and 2.54 million plan participants with balances fared in the last three months.
