Company: BK-PK
Filing Date: 2025-06-26
Form Type: 11-K
Source: 0001390777-25-000094
Chunk: 10

Company: Bank of New York Mellon Corp
Filing Date: 2025-06-26
Form: 11-K
Chunk 10
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 transactions are recorded on the trade date of the purchase or sale. Dividend income from investments in common stock is recorded on the ex-dividend date. Interest income is recorded as earned on an accrual basis. Net appreciation (depreciation) in fair value includes the gains and losses on investments bought and sold as well as held during the year.

#### Notes Receivable from Participants –
Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest.

#### Administrative Expenses –
The Company pays all administrative fees related to the Plan, except administrative costs related to certain retirement planning services, participant loans, certain investment management fees described in Note 3 and the $25 annual administrative fee for recordkeeping services for participants who are no longer actively employed by the Company.

#### Benefits Paid to Participants –
Benefits paid to participants are recorded upon distribution.

#### Securities Lending
– Securities lending transactions are accounted for as secured borrowings in accordance with the guidance in Financial Accounting Standards Board Accounting Standards Codification 860, Transfers and Servicing. As a result, the securities on loan are included in the net assets available for plan benefits. Collateral received, primarily cash, related to securities on loan is included as an asset at fair value with a corresponding payable included as a liability in the net assets available for plan benefits. See Note 4 for additional information.

#### Subsequent Events
– The Plan has evaluated subsequent events through June 26, 2025, and determined that no additional events have occurred requiring adjustments to, or disclosure in, the financial statements.

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#### 3. Investment Options
The Trustee, under a declaration of trust, provides for the establishment, management, investment and reinvestment of the Plan’s assets. The Benefits Investment Committee established the Plan’s investment options by offering four investment tiers, which include a broad range of funds as core options. Core options are those funds in which employees can invest directly through payroll contributions. The investment tiers are described below.

#### LifePath Index Funds –
The LifePath Index Funds consist of a series of funds which bear different risk profiles based on a targeted retirement date, ranging from 2030 to 2065. Each LifePath Index Fund is a collective trust fund composed predominantly of a combination of index funds covering the domestic fixed income, domestic equity, international equity and global real estate securities asset classes. The fund manager rebalances the investment mix periodically to gradually shift toward a more conservative profile as the fund’s maturity date approaches