THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP

Plan Contact

  • Address: BNY MELLON CENTER, ROOM 3118,PITTSBURGH,PA
  • Contact person: ROBERT PEREGO
  • Phone: (412) 234-4840

Plan General Information

THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP is 3992

THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP is $11,575.00.

THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP is approximately $2,692.00
Investing in this additonal $2,692.00 for 20 years would give you extra $172,294.00, assuming a 10% annual return.

THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP Total Employer Contribution and Match Rate

In 2011, THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP allocates $10,746,877.00 to match its employees' contributions, providing an employer match rate of 46.51% of their contributions

Enrollment Features

THE RETIREMENT SAVINGS PLAN OF BNY SECURITIES GROUP has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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