401(k) · DOL Form 5500 · 2022
Bmo Financial Corp. 401(k) Plan
Data updated 2026-08-25
- $2.6B
- Total assets Very large vs avg
- 14,312
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $180,161
- Avg per participant Above avg balance/head
Official DOL plan name: Employees' 401(k) Savings Plan of Bank of Montreal/Harris · Sponsored by Bmo Financial Corp. · Illinois · Finance & Insurance
$2.6B in assets, 14,312 participants
Bmo Financial Corp.'s Employees' 401(k) Savings Plan of Bank of Montreal/Harris reported $2.6B in total assets and 14,312 participants in its 2022 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.
- #9,173 in Finance & Insurance (9,261 peers)
Coverage in Illinois
Employees' 401(k) Savings Plan of Bank of Montreal/Harris covers 14,312 participants in Illinois, 18x the typical Illinois plan (state average ~779 per filing). Assets: $2.6B.
- #9,173
- in Finance & Insurance (9,261 peers)
- -14.7%
- assets change YoY
- 26×
- vs typical plan assets (national mean)
The plan reported a net loss of $446M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Employees' 401(k) Savings Plan of Bank of Montreal/Harris's outsized position by total assets
Employees' 401(k) Savings Plan of Bank of Montreal/Harris vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,578,460,980 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Employees' 401(k) Savings Plan of Bank of Montreal/Harris's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employees' 401(k) Savings Plan of Bank of Montreal/Harris is a mega filing (14,312 participants), the rightmost band on the breakdown.
Published 5500 schedule card
Filing strip 510275712 · Bmo Financial Corp. PY 2022 · 401(k)
Employees' 401(k) Savings Plan of Bank of Montreal/Harris · $2.6B · 14,312 · 100th
- 5500 $2.6B
- ASSETS 14,312
- PCT 100th
- EIN 401(k)
- RANK near Aramco U.S. Savings Plan
- PHOTO ind #9173
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Illinois →
Employees' 401(k) Savings Plan of Bank of Montreal/Harris in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $3.0B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | -$446M |
| Employer EIN | 510275712 |
| Plan Effective Date | 1916-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bmo Financial Corp.)
Sponsor-wide plan assets over time
All Bmo Financial Corp. plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.3B 74.97288399354156% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 20,609 | $3.6B |
| 2023 | 2 | 19,091 | $5.9B |
| 2024 | 2 | 26,749 | $6.3B |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- State Farm 401(k) Savings Plan $14.7B · 53,616
- Accenture United States 401(k) Match and Savings Plan $14.3B · 66,653
- Abbott Laboratories Stock Retirement Plan $13.3B · 36,136
- United Airlines Pilot Retirement Account Plan $11.8B · 13,437
- Walgreens Retirement Savings Plan $11.7B · 238,072
Scale composition for Employees' 401(k) Savings Plan of Bank of Montreal/Harris
Employees' 401(k) Savings Plan of Bank of Montreal/Harris reports $2.6B in end-of-year assets across 14,312 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $180,161 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was -$446M.
This plan identity (EIN 510275712, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.6B to $5.0B (+92.8%) while covered participants moved from 14,312 to 20,280 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,312 | $2.6B | This page |
| 2023 | 13,364 | $4.5B | Open filing |
| 2024 · index core | 20,280 | $5.0B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Bmo 401(k) Savings Plan (401(k), $5.0B, 20,280 participants)
- Bmo U.S. Pension Plan (Defined Benefit (Pension), $1.3B, 6,469 participants)
Employees' 401(k) Savings Plan of Bank of Montreal/Harris's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Aramco U.S. Savings Plan in TX ($2.6B); by covered participants it is Waste Connections, Inc. 401(k) Profit Sharing Plan in TX (14,346 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.6B here).
- Aramco U.S. Savings Plan (TX) $2.6B · 1,812
- Mastercard Savings Plan (NY) $2.6B · 8,606
- Gilead Sciences 401(k) Plan (CA) $2.6B · 9,201
- Envision Healthcare Corporation 401(k) Plan (TN) $2.5B · 25,978
Similar participant headcount
Nearest other-state filings by covered participants (14,312 participants); asset peers above are excluded.
- Waste Connections, Inc. 401(k) Profit Sharing Plan (TX) 14,346 · 34 off
- McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan (NY) 14,349 · 37 off
- Novartis Corporation Investment Savings Plan (NJ) 14,350 · 38 off
- Agc Southwest Chapters 401(k) Plan (TX) 14,362 · 50 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.