But yes, there is some benefit to reducing allocation. The biggest benefit to escape analysis doesn't really have anything to do with allocation at all. Rather it's that promoting objects to the stack enables SROA, which unlocks a lot more optimizations.
This article wasn't about that, though. These were short-lived benchmarks that are dominated by throughput. In those types of benchmarks, allocation speed matters much more than mark and sweep time. So, the best way to optimize for these sorts of workloads is to add generational garbage collection with bump allocation in the nursery.