Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

The Bank of New York Mellon Corporation Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by The Bank of New York Mellon · Pennsylvania · Finance & Insurance

What the 2023 filing shows

The Bank of New York Mellon Corporation Pension Plan holds $5.0B for 8,098 participants — about $613,527 per participant, down 21.8% over the 2022 plan year.

$5.0B
total plan assets (2022 EOY)
8,098
covered participants
$613,527
avg assets per participant
-21.8%
assets change YoY

The plan reported a net loss of $1.4B for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$5.0B
Participants
8,098
State
Industry
Finance & Insurance

What the Filing Says About The Bank of New York Mellon Corporation Pension Plan

The Bank of New York Mellon Corporation Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by The Bank of New York Mellon, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $5.0B in total end-of-year assets and covers 8,098 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 135160382, and the plan has been effective since 1972-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6.4B at the beginning of 2022 to $5.0B at year-end — a decline of 21.8%. Net assets (after liabilities) closed the year at $5.0B, with reported net income of $-1,403,958,980 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6.4B
Total Assets (End of Year)$5.0B
Net Assets (End of Year)$5.0B
Net Income$-1,403,958,980
Plan TypeDefined Benefit (Pension)
Employer EIN135160382
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of New York Mellon)

Year Plans Participants Total Assets
2022 1 8,098 $5.0B
2023 1 7,374 $5.3B
2024 1 6,387 $5.2B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the The Bank of New York Mellon Corporation Pension Plan?
As of the 2022 Form 5500 filing, The Bank of New York Mellon Corporation Pension Plan holds $5.0B in total assets with 8,098 participants. It is sponsored by The Bank of New York Mellon.
What type of plan is The Bank of New York Mellon Corporation Pension Plan?
The Bank of New York Mellon Corporation Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1972-01-01. The plan is filed with the U.S. Department of Labor under EIN 135160382.
Who sponsors the The Bank of New York Mellon Corporation Pension Plan?
The Bank of New York Mellon Corporation Pension Plan is sponsored by The Bank of New York Mellon, located in Pennsylvania. The sponsor's EIN is 135160382 and the plan operates in the Finance & Insurance industry.
How did The Bank of New York Mellon Corporation Pension Plan perform in 2022?
The Bank of New York Mellon Corporation Pension Plan declined by 21.8% during 2022, moving from $6.4B to $5.0B in total assets. Net income was $-1,403,958,980.
Where can I find official filings for The Bank of New York Mellon Corporation Pension Plan?
Official Form 5500 filings for The Bank of New York Mellon Corporation Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 135160382 or plan name at efast.dol.gov.
How does The Bank of New York Mellon Corporation Pension Plan compare to other plans?
You can compare The Bank of New York Mellon Corporation Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 135160382.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.