ESOP · DOL Form 5500 · 2023

The Bank of New York Mellon Corporation ESOP

Data updated 2026-08-25

$185M
Total assets Near avg plan size
2,497
Participants Above avg headcount
94th
Percentile by assets National rank
$74,267
Avg per participant Below avg balance/head
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Official DOL plan name: Employee Stock Ownership Plan of the Bank of New York Company, Inc. · Sponsored by The Bank of New York Mellon Corporation · Pennsylvania · Finance & Insurance

$185M in assets, 2,497 participants

The Bank of New York Mellon Corporation's Employee Stock Ownership Plan of the Bank of New York Company, Inc. reported $185M in total assets and 2,497 participants in its 2023 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,086 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Employee Stock Ownership Plan of the Bank of New York Company, Inc. covers 2,497 participants in Pennsylvania, 3.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $185M.

#8,086
in Finance & Insurance (8,869 peers)
+8.4%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Employee Stock Ownership Plan of the Bank of New York Company, Inc.'s outsized position by total assets

Employee Stock Ownership Plan of the Bank of New York Company, Inc. vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$185,443,489 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Employee Stock Ownership Plan of the Bank of New York Company, Inc.'s large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employee Stock Ownership Plan of the Bank of New York Company, Inc. lands in the large band (2,497 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employee Stock Ownership Plan of the Bank of New York Company, Inc. reported net income rose from -$47M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Employee Stock Ownership Plan of the Bank of New York Company, Inc. reported participants fell from 2,732 in the plan year 2022 filing to 2,497 in the plan year 2023 filing.
  • Employee Stock Ownership Plan of the Bank of New York Company, Inc. end-of-year assets rose from $171M in the plan year 2022 filing to $185M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 132614959 · The Bank of New York Mellon Corporation PY 2023 · ESOP

Employee Stock Ownership Plan of the Bank of New York Company, Inc. · $185M · 2,497 · 94th

  • BOY $185M
  • BOY 2,497
  • BOY 94th
  • BOY ESOP
  • BOY near R.S. Hughes Company, Inc. Employee Stock Ownership Plan
  • BOY ind #8086

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Pennsylvania →

Employee Stock Ownership Plan of the Bank of New York Company, Inc. in the asset neighbourhood

Lmh ESOP Holdco, Inc. Employee Stock Ownership PlanLmh ESOP Holdco, Inc. Employ…$189MR.S. Hughes Company, Inc. Employee Stock Ownership PlanR.S. Hughes Company, Inc. Em…$187MEmployee Stock Ownership Plan of the Bank of New York Company, Inc.Employee Stock Ownership Pla…$185MManson Construction Co. Non-Craft Employee Stock Ownership PlanManson Construction Co. Non-…$183MRteam Management, Inc. Employee Stock Ownership PlanRteam Management, Inc. Emplo…$183M
End-of-year total assets ($M) among Employee Stock Ownership Plan of the Bank of New York Company, Inc. and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$171M
Net Assets (End of Year)$185M
Net Income$28M
Employer EIN132614959
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of New York Mellon Corporation)

Sponsor-wide plan assets over time

All The Bank of New York Mellon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$10.2B 27.00784103553791% vs 2022
2024 filing year
$7B$8B$9B$10B$11B 202220232024 $7.99B $10.2B ▲ +27.0%
Year Plans Participants Total Assets
2022 2 27,803 $8.0B
2023 2 27,681 $9.1B
2024 2 26,620 $10.2B

Nearby ESOP Plans in Pennsylvania

Peer ESOP plans, same state, same plan type, ranked by total assets.

Employee Stock Ownership Plan of the Bank of New York Company, Inc. vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Employee Stock Ownership Plan of the Bank of New York Company, Inc., Total assets ($B): 0.185443489 · Participants: 2497Employee Stock Ownership Plan of the Bank of New York Company, Inc.Wawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
Employee Stock Ownership Plan of the Bank of New York Company, Inc. vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Employee Stock Ownership Plan of the Bank of New York Company, Inc. side-by-side with 3 peers →

Employee Stock Ownership Plan of the Bank of New York Company, Inc.'s out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is R.S. Hughes Company, Inc. Employee Stock Ownership Plan in CA ($187M); by covered participants it is Je Dunn Employee Stock Ownership Plan and Trust in MO (2,457 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,497 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Employee Stock Ownership Plan of the Bank of New York Company, Inc. assets move in 2023? ▼
Employee Stock Ownership Plan of the Bank of New York Company, Inc. grew at a solid clip - up 8.4% during 2023, from $171M to $185M. Reported net income was $28M.
How have The Bank of New York Mellon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of New York Mellon Corporation's sponsor-wide assets grew 27.0%, from $8.0B to $10.2B.
Where does Employee Stock Ownership Plan of the Bank of New York Company, Inc. rank by assets among Form 5500 filers? ▼
Employee Stock Ownership Plan of the Bank of New York Company, Inc. ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Employee Stock Ownership Plan of the Bank of New York Company, Inc.? ▼
Among ESOP plans in other states, the closest by assets is R.S. Hughes Company, Inc. Employee Stock Ownership Plan in CA ($187M, 590 participants).
Which ESOP plans cover a similar participant headcount to Employee Stock Ownership Plan of the Bank of New York Company, Inc.? ▼
Among ESOP plans in other states, the closest by covered participants is Je Dunn Employee Stock Ownership Plan and Trust in MO (2,457 participants, $429M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 132614959.

Read our methodology - how this data is sourced, computed, and verified.

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