Defined Benefit (Pension) · DOL Form 5500 · 2024

The Bank of New York Mellon Pension Plan

Data updated 2026-07-24

$5.2B
Total assets: 6,387
Participants: 100th
Percentile by assets: $810,811
Avg per participant

Official DOL plan name: The Bank of New York Mellon Corporation Pension Plan · Sponsored by The Bank of New York Mellon · Pennsylvania · Finance & Insurance

$5.2B in assets, 6,387 participants

The Bank of New York Mellon's The Bank of New York Mellon Corporation Pension Plan reported $5.2B in total assets and 6,387 participants in its 2024 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.

100th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

The Bank of New York Mellon Corporation Pension Plan covers 6,387 participants in Pennsylvania, 7.7x the typical Pennsylvania plan (state average ~824 per filing). Assets: $5.2B.

$5.2B
total plan assets (2024 EOY): 6,387
covered participants: 100th
percentile by assets (of 116,472 plans): $810,811
avg assets per participant

The plan reported a net loss of $107M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Bank of New York Mellon Corporation Pension Plan reported net income fell from $275M in the plan year 2023 filing to -$107M in the plan year 2024 filing.
The Bank of New York Mellon Corporation Pension Plan reported participants fell from 7,374 in the plan year 2023 filing to 6,387 in the plan year 2024 filing.
The Bank of New York Mellon Corporation Pension Plan end-of-year assets fell from $5.3B in the plan year 2023 filing to $5.2B 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. The Bank of New York Mellon Corporation Pension Plan reports 6,387 participants - 7.7x that state average ($5.2B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$5.3B
Net Assets (End of Year)	$5.2B
Net Income	-$107M
Employer EIN	135160382
Plan Effective Date	1972-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Bank of New York Mellon)

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

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

Steelworkers Pension Trust $7.2B · 46,110
The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
Constellation Retirement Program $5.0B · 4,809
Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421
United States Steel Corporation Plan for Employee Pension Benefits (Revision of 2003) $4.3B · 2,959

Compare The Bank of New York Mellon Corporation … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Bank of New York Mellon Corporation Pension Plan by total assets, not by location.

Berkshire Hathaway Consolidated Pension Plan (NE) $5.2B · 9,020
Retirement Plan for Employees of Aetna Inc. (CT) $5.2B · 9,682
Screen Actors Guild - Producers Pension Plan (CA) $5.3B · 31,823
U. S. Retirement Plan (NJ) $5.1B · 8,869

Frequently Asked Questions

How did The Bank of New York Mellon Corporation Pension Plan assets move in 2024? ▼

The Bank of New York Mellon Corporation Pension Plan edged down modestly - down 1.5% during 2024, from $5.3B to $5.2B. Reported net income was -$107M.

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 116,472 plans that reported assets for plan year 2024 (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 Berkshire Hathaway Consolidated Pension Plan in NE ($5.2B, 9,020 participants).

Next read for The Bank of New York Mellon Corporation …

Filing takeaways

Ways to act on The Bank of New York Mellon Corporation Pension Plan's numbers.

By total assets, The Bank of New York Mellon Corporation Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
The Bank of New York Mellon's sponsor-wide assets have grown 4.2% 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 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.