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Company:
The Bank of New York Mellon Corporation
Plan:
The Bank of New York Mellon Corporation 401K Savings Plan
 

The Bank of New York Mellon Corporation

79 Plan:

 
 
79
43
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (79) and the top rated plan (91) could equate to:
[How is this calculated?]
9 additional years of work
Up to $122,600 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

The Bank of New York Mellon Corporation 401K Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. The Bank of New York Mellon Corporation 401K Savings Plan currently has over 47,200 active participants and over $4.8B in plan assets.


 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Total Other Mutual Funds 19%
2. Total Common Stocks 13%
3. BNY Mellon Daily Liquidity Stock Index 9%

 Retirement Plan Details

Address Bny Mellon Center, Room 3118
Pittsburgh, PA 15258-0001 
Industry Finance and Insurance
Administrator Robert Perego
Net Plan Assets $4,760,000,000
Total Participants 47,000
Avg Account Balance $110,000

  Plan Service Providers

Auditor Kpmg, LLP
Investment Adviser Voya Financial (ING)