The Bank Of New York Mellon Corporation 401(K) Savings Plan — Form 5500 plan (The Bank Of New York Mellon Corporation)
Plain-English plan 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, The Bank Of New York Mellon Corporation 401(K) Savings Plan is a benefit plan reported by The Bank Of New York Mellon Corporation under EIN 13-2614959 and plan number 004. The latest loaded filing year is 2023. The filing reports 44,322 participants and $8,955,655,142 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Bank Of New York Mellon Corporation
- EIN
- 13-2614959
- Plan number
- 004
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
- Participants
- 44,322
- End-of-year plan assets
- $8,955,655,142
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 44,322 | H, C | 20241009133026NAL0009261619001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,955,655,142
- Total liabilities (EOY)
- $2,587,636
- Net assets (EOY)
- $8,953,067,506
- Net assets (BOY)
- $7,820,746,571
Income & contributions
- Employer contributions
- $181,873,169
- Participant contributions
- $278,795,203
- Total contributions
- $495,045,299
- Total income / additions
- $1,868,366,538
Expenses & distributions
- Benefits paid
- $731,767,826
- Administrative expenses
- $4,131,162
- Total expenses
- $736,045,603
- Net increase / (decrease)
- $1,132,320,935
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Institutional Plan Services | NONE | $4,131,162 | $909,997 | 2023 |
| Bny Mellon Securities Corporation | NONE | $0 | $69,684 | 2023 |
| Pershing LLC | NONE | $0 | $24,543 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Bank Of New York Mellon Corporation
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Pittsburgh, PA
- Voya Institutional Plan Services — Schedule C compensation
- Bny Mellon Securities Corporation — Schedule C compensation
- Pershing LLC — Schedule C compensation