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Company:
The Bank of New York Mellon Corporation
Plan:
The Employee Savings & Investment Plan of the Bank of New York Company, Inc.
 

The Bank of New York Mellon Corporation

75 Plan:

 
 
75
36
70
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (75) and the top rated plan (86) could equate to:
[How is this calculated?]
6 additional years of work
Up to $80,900 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

The Employee Savings & Investment Plan of the Bank of New York Company, Inc. is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. The Employee Savings & Investment Plan of the Bank of New York Company, Inc. currently has over 21,100 active participants and over $1.2B in plan assets.

 

 Retirement Plan Details

Address Bny Mellon Center, Room 3118
Pittsburgh, PA 15258-0001 
Industry Finance and Insurance
Administrator Robert M. Perego
Net Plan Assets $1,160,000,000
Total Participants 21,000
Avg Account Balance $55,000

 Compare Other Companies in Peer Group

AllianceBernstein L.P. 85.5
The Chubb 78.1
Ameriprise Financial 73.3
Unum Group 72.8
Humana 72.3
Fidelity National Financial 65.3

 Top 3 Funds in this 401k

1. BNY Mellon Corporation Common Stock 35%
2. Dreyfus Institutional Reserves Money 13%
3. BNY Mellon Intermediate US Government 4%

  Plan Service Providers

Auditor KPMG, Llp
Corporate Trustee BNY Mellon

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