The Bank of New York Mellon Corporationbenefits

The Bank of New York Mellon Corporation's benefits plans covered 22,160 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $666,746 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.0% from $702,092 in 2023.