The Bank of New York Mellon Corporation
82
Plan:
41
76
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (82) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $23,600 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Retirement Savings Plan of BNY Securities Group is a defined contribution plan with a profit-sharing component, stock bonus component, and 401k feature. This plan has a BrightScope Rating of 82. This plan is in the top 15% of plans for Account Balances, Company Generosity, Investment Menu Quality, Salary Deferral, and Total Plan Cost. Retirement Savings Plan of BNY Securities Group currently has over 4,100 active participants and over $444.5M in plan assets.
Retirement Plan Details
| Address |
Bny Mellon Center, Room 3118
Pittsburgh, PA 15258-0001 |
| Industry | Finance and Insurance |
| Administrator | Robert Perego |
| Net Plan Assets | $445,000,000 |
| Total Participants | 4,100 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| American Century Services, LLC | 86.5 |
| IVZ | 85.7 |
| OppenheimerFunds | 85.4 |
| Russell Investment Group | 84.7 |
| Moody's | 83.7 |
| Putnam Investments, LLC | 82.5 |
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