ESOP · DOL Form 5500 · 2024

The Bank of New York Mellon Corporation ESOP

Data updated 2026-07-24

$244M
Total assets: 2,437
Participants: 95th
Percentile by assets: $100,144
Avg per participant

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

$244M in assets, 2,437 participants

The Bank of New York Mellon Corporation's Employee Stock Ownership Plan of the Bank of New York Company, Inc. reported $244M in total assets and 2,437 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Employee Stock Ownership Plan of the Bank of New York Company, Inc. covers 2,437 participants in Pennsylvania, 3.0x the typical Pennsylvania plan (state average ~824 per filing). Assets: $244M.

$244M
total plan assets (2024 EOY): 2,437
covered participants: 95th
percentile by assets (of 116,472 plans): $100,144
avg assets per participant

Employee Stock Ownership Plan of the Bank of New York Company, Inc. reported net income rose from $28M in the plan year 2023 filing to $87M in the plan year 2024 filing.
Employee Stock Ownership Plan of the Bank of New York Company, Inc. end-of-year assets rose from $185M in the plan year 2023 filing to $244M in the plan year 2024 filing.
Employee Stock Ownership Plan of the Bank of New York Company, Inc. reported participants fell from 2,497 in the plan year 2023 filing to 2,437 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Finance & Insurance

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Employee Stock Ownership Plan of the Bank of New York Company, Inc. reports 2,437 participants - 3.0x that state average ($244M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$185M
Net Assets (End of Year)	$244M
Net Income	$87M
Employer EIN	132614959
Plan Effective Date	1986-01-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all The Bank of New York Mellon Corporation plans on file

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

Wawa, Inc. Employee Stock Ownership Plan $5.5B · 37,745
Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.8B · 544
Centimark Corporation Employee Stock Ownership Plan and Trust $680M · 2,444
D & H Employee Stock Ownership Plan $314M · 1,459
Newage Industries, Inc. Employee Stock Ownership Plan $296M · 264

Compare Employee Stock Ownership Plan of the Ban… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Employee Stock Ownership Plan of the Bank of New York Company, Inc. by total assets, not by location.

Inline Electric Employee Stock Ownership Plan (AL) $243M · 298
Iewc Corp. Employee Stock Ownership Plan (WI) $246M · 343
Zander Group Holdings, Inc. Employee Stock Ownership Plan (TN) $247M · 201
Angelo Iafrate, Inc. Employee Stock Ownership Plan (MI) $239M · 46

Frequently Asked Questions

How did Employee Stock Ownership Plan of the Bank of New York Company, Inc. assets move in 2024? ▼

Employee Stock Ownership Plan of the Bank of New York Company, Inc. surged - up 31.6% during 2024, from $185M to $244M. Reported net income was $87M.

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 95th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% 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 Inline Electric Employee Stock Ownership Plan in AL ($243M, 298 participants).

Next read for Employee Stock Ownership Plan of the Ban…

Filing takeaways

Ways to act on Employee Stock Ownership Plan of the Bank of New York Company, Inc.'s numbers.

By total assets, Employee Stock Ownership Plan of the Bank of New York Company, Inc. ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
The Bank of New York Mellon Corporation's sponsor-wide assets have grown 27.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.