Defined Benefit (Pension) · DOL Form 5500 · 2023

The Bank of New York Mellon Pension Plan

Data updated 2026-08-25

$5.3B
Total assets Very large vs avg
7,374
Participants Very large workforce
100th
Percentile by assets National rank
$712,941
Avg per participant High balance/head
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Official DOL plan name: The Bank of New York Mellon Corporation Pension Plan · Sponsored by The Bank of New York Mellon · Pennsylvania · Finance & Insurance

$5.3B in assets, 7,374 participants

The Bank of New York Mellon's The Bank of New York Mellon Corporation Pension Plan reported $5.3B in total assets and 7,374 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #8,825 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

The Bank of New York Mellon Corporation Pension Plan covers 7,374 participants in Pennsylvania, 9.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $5.3B.

#8,825
in Finance & Insurance (8,869 peers)
+5.8%
assets growth YoY
53×
vs typical plan assets (national mean)

The Bank of New York Mellon Corporation Pension Plan's outsized position by total assets

The Bank of New York Mellon Corporation Pension Plan vs every filed plan by assets

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

$5,257,223,708 Highest reported value at or above every one 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

The Bank of New York Mellon Corporation Pension Plan'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. The Bank of New York Mellon Corporation Pension Plan lands in the large band (7,374 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Bank of New York Mellon Corporation Pension Plan reported net income rose from -$1.4B in the plan year 2022 filing to $275M in the plan year 2023 filing.
  • The Bank of New York Mellon Corporation Pension Plan reported participants fell from 8,098 in the plan year 2022 filing to 7,374 in the plan year 2023 filing.
  • The Bank of New York Mellon Corporation Pension Plan end-of-year assets rose from $5.0B in the plan year 2022 filing to $5.3B in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 135160382 · The Bank of New York Mellon PY 2023 · Defined Benefit (Pension)

The Bank of New York Mellon Corporation Pension Plan · $5.3B · 7,374 · 100th

  • SCH $5.3B
  • EBSA 7,374
  • PART 100th
  • TYPE Defined Benefit (Pension)
  • NET near Textron Master Retirement Plan
  • BOOK ind #8825

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

The Bank of New York Mellon Corporation Pension Plan in the asset neighbourhood

Nationwide Retirement Plan$5.3BMid-America Carpenters Regional Council Pension FundMid-America Carpenters Regio…$5.3BThe Bank of New York Mellon Corporation Pension PlanThe Bank of New York Mellon …$5.3BTextron Master Retirement PlanTextron Master Retirement Pl…$5.2BSouthern California Ufcw Unions and Food Employers Joint Pension Trust FundSouthern California Ufcw Uni…$5.2B
End-of-year total assets ($B) among The Bank of New York Mellon Corporation Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$5.0B
Net Assets (End of Year)$5.3B
Net Income$275M
Employer EIN135160382
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of New York Mellon)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$5.2B 4.23295335789044% vs 2022
2024 filing year
$4.9B$5B$5.1B$5.2B$5.3B 202220232024 $4.97B $5.18B ▲ +4.2%
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.

The Bank of New York Mellon Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 4681012 Total assets ($B) Participants The Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramEastern Atlantic States Carpenters Pension Fund, Total assets ($B): 4.733825357 · Participants: 11775Eastern Atlantic States Carpenters Pension Fund
The Bank of New York Mellon Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare The Bank of New York Mellon Corporation Pension Plan side-by-side with 3 peers →

Scale composition for The Bank of New York Mellon Corporation Pension Plan

The Bank of New York Mellon Corporation Pension Plan reports $5.3B in end-of-year assets across 7,374 participants (0.043% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $712,941 per participant (5.2x the national average assets-per-participant) . Net income for plan year 2023 was $275M.

This plan identity (EIN 135160382, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $5.2B (+4.2%) while covered participants moved from 8,098 to 6,387 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,098 $5.0B Open filing
2023 7,374 $5.3B This page
2024 · index core 6,387 $5.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

The Bank of New York Mellon Corporation Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Textron Master Retirement Plan in RI ($5.2B); by covered participants it is Hotel Union and Hotel Industry of Hawaii Pension Plan in HI (7,370 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (7,374 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 The Bank of New York Mellon Corporation Pension Plan assets move in 2023? ▼
The Bank of New York Mellon Corporation Pension Plan grew at a solid clip - up 5.8% during 2023, from $5.0B to $5.3B. Reported net income was $275M.
How have The Bank of New York Mellon plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of New York Mellon's sponsor-wide assets grew 4.2%, from $5.0B to $5.2B.
Where does The Bank of New York Mellon Corporation Pension Plan rank by assets among Form 5500 filers? ▼
The Bank of New York Mellon Corporation Pension Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to The Bank of New York Mellon Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Textron Master Retirement Plan in RI ($5.2B, 7,320 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Bank of New York Mellon Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hotel Union and Hotel Industry of Hawaii Pension Plan in HI (7,370 participants, $705M 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 135160382.

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.