401(k) · DOL Form 5500 · 2022
Bmo Financial Corp. 401(k) Plan
Data updated 2026-08-11
- $2.6B
- Total assets
- 14,312
- Participants
- 100th
- Percentile by assets
- $180,161
- Avg per participant
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.
- 100th percentile by assets (of 139,126 plans)
- #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.
- $2.6B
- total plan assets (2022 EOY)
- 14,312
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $180,161
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Employees' 401(k) Savings Plan of Bank of Montreal/Harris reports 14,312 participants - 18x that state average ($2.6B EOY assets).
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.)
| 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.
Employees' 401(k) Savings Plan of Bank of Montreal/Harris vs. nearby 401(k) plans in Illinois, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Employees' 401(k) Savings Plan of Bank of Montreal/Harris by total assets, not by location.
- 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
Frequently Asked Questions
How did Employees' 401(k) Savings Plan of Bank of Montreal/Harris assets move in 2022? ▼
How have Bmo Financial Corp. plan assets changed over time? ▼
Where does Employees' 401(k) Savings Plan of Bank of Montreal/Harris rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Employees' 401(k) Savings Plan of Bank of Montreal/Harris? ▼
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Filing takeaways
Ways to act on Employees' 401(k) Savings Plan of Bank of Montreal/Harris's numbers.
- By total assets, Employees' 401(k) Savings Plan of Bank of Montreal/Harris ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Bmo Financial Corp.'s sponsor-wide assets have grown 75.0% since 2022 across 3 plan years on file. More Finance & Insurance plans