BNY Mellon

LocationNew York, NY
Asset Size>$1B
Number of Participants10,000 or More Participants
BusinessFinancial Services
Participation rate95%
Avg. deferral rate7.8%
No. of funds offered20
Investment ReviewMonthly
True-up featureYes
Match Vesting PeriodImmediate
Default deferral rate2%
Default investmentRetail TDF (Index)
Systematic withdrawalsYes
Fee equalizationYes
Match Rate100% of first 4% of salary; 50% of the next 2%
% receiving full match50% – 75%
Max Employer Contribution7.0%
Financial education: 
Investing strategiesx
College savingx
Credit/debt mgtx
Tax/estate planningx
Retiree health costs/savings optionsx
RecordkeeperVoya Financial
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