Defined Benefit (Pension) · DOL Form 5500 · 2022
Bmo Financial Corp. Pension Plan
Data updated 2026-08-11
- $1.0B
- Total assets
- 6,297
- Participants
- 99th
- Percentile by assets
- $159,659
- Avg per participant
Official DOL plan name: Employees' Retirement Plan of Bank of Montreal/Harris · Sponsored by Bmo Financial Corp. · Illinois · Finance & Insurance
$1.0B in assets, 6,297 participants
Bmo Financial Corp.'s Employees' Retirement Plan of Bank of Montreal/Harris reported $1.0B in total assets and 6,297 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #9,059 in Finance & Insurance (9,261 peers)
Coverage in Illinois
Employees' Retirement Plan of Bank of Montreal/Harris covers 6,297 participants in Illinois, 8.1x the typical Illinois plan (state average ~779 per filing). Assets: $1.0B.
- $1.0B
- total plan assets (2022 EOY)
- 6,297
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $159,659
- avg assets per participant
The plan reported a net loss of $342M 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' Retirement Plan of Bank of Montreal/Harris reports 6,297 participants - 8.1x that state average ($1.0B EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $953M |
| Net Income | -$342M |
| Employer EIN | 510275712 |
| Plan Effective Date | 1944-01-01 |
| 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 Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Employees' Retirement Plan of Bank of Montreal/Harris vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
Scale composition for Employees' Retirement Plan of Bank of Montreal/Harris
Employees' Retirement Plan of Bank of Montreal/Harris reports $1.0B in end-of-year assets across 6,297 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $159,659 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2022 was -$342M.
This plan identity (EIN 510275712, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.3B (+29.4%) while covered participants moved from 6,297 to 6,469 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,297 | $1.0B | This page |
| 2023 | 5,727 | $1.4B | Open filing |
| 2024 · index core | 6,469 | $1.3B | 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 Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Employees' Retirement Plan of Bank of Montreal/Harris by total assets, not by location.
- Kimberly-Clark Corporation Pension Plan (WI) $1.0B · 2,069
- Chevron Phillips Chemical Company LP Retirement Plan (TX) $1.0B · 4,025
- Mutual of Omaha Retirement Income Plan (NE) $998M · 606
- Ncr Pension Plan (GA) $998M · 1,051
Frequently Asked Questions
How did Employees' Retirement Plan of Bank of Montreal/Harris assets move in 2022? ▼
How have Bmo Financial Corp. plan assets changed over time? ▼
Where does Employees' Retirement Plan of Bank of Montreal/Harris rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Employees' Retirement Plan of Bank of Montreal/Harris? ▼
Next read for Employees' Retirement Plan of Bank of Mo…
Filing takeaways
Ways to act on Employees' Retirement Plan of Bank of Montreal/Harris's numbers.
- By total assets, Employees' Retirement 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 Defined Benefit (Pension) 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