ESOP · DOL Form 5500 · 2024

The Bank of New York Mellon Corporation ESOP

Data updated 2026-08-25

$244M
Total assets Near avg plan size
2,437
Participants Above avg headcount
95th
Percentile by assets National rank
$100,144
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

$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.

  • #7,861 in Finance & Insurance (8,549 peers)

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 ~822 per filing). Assets: $244M.

#7,861
in Finance & Insurance (8,549 peers)
+31.6%
assets growth YoY
2.4×
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 2024 · DOL Form 5500

$244,050,240 Top 5% higher than 95% of 123,620 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 2024

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

Plan-year 2024 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 (2,437 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Published 5500 schedule card

Filing strip 132614959 · The Bank of New York Mellon Corporation PY 2024 · ESOP

Employee Stock Ownership Plan of the Bank of New York Company, Inc. · $244M · 2,437 · 95th

  • PHOTO $244M
  • PHOTO 2,437
  • PHOTO 95th
  • PHOTO ESOP
  • PHOTO near Inline Electric Employee Stock Ownership Plan
  • PHOTO ind #7861

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

Murray Plumbing & Heating Corporation Employee Stock Ownership PlanMurray Plumbing & Heating Co…$248MZander Group Holdings, Inc. Employee Stock Ownership PlanZander Group Holdings, Inc. …$247MIewc Corp. Employee Stock Ownership PlanIewc Corp. Employee Stock Ow…$246MEmployee Stock Ownership Plan of the Bank of New York Company, Inc.Employee Stock Ownership Pla…$244MInline Electric Employee Stock Ownership PlanInline Electric Employee Sto…$243M
End-of-year total assets ($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 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$185M
Net Assets (End of Year)$244M
Net Income$87M
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. -10000010000200003000040000 -20246 Total assets ($B) Participants Employee Stock Ownership Plan of the Bank of New York Company, Inc., Total assets ($B): 0.24405024 · Participants: 2437Employee Stock Ownership Plan of the Bank of New York Company, Inc.Wawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & 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 Inline Electric Employee Stock Ownership Plan in AL ($243M); by covered participants it is Trek Bicycle Corporation Employee Stock Ownership Plan in WI (2,404 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,437 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 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 123,622 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).
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 Trek Bicycle Corporation Employee Stock Ownership Plan in WI (2,404 participants, $147M in assets).

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.