The Bank Of New York Mellon Corporation 401(k) Savings Plan

Wealthminder's Take

The Bank Of New York Mellon Corporation 401(k) Savings Plan at The Bank Of New York Mellon Corporation in the Finance and Insurance industry has 1 investment options, and a total of $5,259,161,436.00 in assets. With 44,505 participants, the The Bank Of New York Mellon Corporation 401(k) Savings Plan has an average balance per participant of $118,170.13.

Plan Ratings
Compared to other Finance and Insurance plans
Wealthminder Rating
5
28
Your Plan
83

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
24
Company Match Level
22
Employee Participation Rate
32
Employee Contribution Level
18
Average Balance Size
58
The Bank Of New York Mellon Corporation Details
Address
Bny Mellon Center, Room 3118
Pittsburgh, PA 15258-0001
Telephone
412-234-4840
Total Assets
$5,259,161,436.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
44,505
Plan Investment Options
Name
Sponsor
Current Value
The Bank Of New York Mellon Corp.
The Bank Of New York Mellon Corporation
$5,143,919,027.00
Service Providers
  • Voya Institutional Plan Services
  • Pershing Llc
  • Mbsc Securities Corporation
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