2023 Form 5500 filing — The Bank Of New York Mellon Corporation 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009133026NAL0009261619001) for The Bank Of New York Mellon Corporation 401(K) Savings Plan, reported by The Bank Of New York Mellon Corporation under EIN 13-2614959 and plan number 004. It reports 44,322 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009133026NAL0009261619001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Bank Of New York Mellon Corporation
- EIN
- 13-2614959
- Plan number
- 004
- Location
- Pittsburgh, PA
- Participants
- 44,322
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,955,655,142
- Total liabilities (EOY)
- $2,587,636
- Net assets (EOY)
- $8,953,067,506
- Employer contributions
- $181,873,169
- Participant contributions
- $278,795,203
- Total income / additions
- $1,868,366,538
- Benefits paid
- $731,767,826
- Administrative expenses
- $4,131,162
- Total expenses
- $736,045,603
- Net increase / (decrease)
- $1,132,320,935
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Institutional Plan Services | NONE | $4,131,162 | $909,997 |
| Bny Mellon Securities Corporation | NONE | $0 | $69,684 |
| Pershing LLC | NONE | $0 | $24,543 |