Bmo Harris Bank N.a. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2016. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Bmo Harris Bank N.a. 401(k) Plan Facts (plan year 2016)

Plan name
EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BMO HARRIS BANK N.A.
Participants
17,690 (16,503 active employees)
Former employees with a balance
518
Plan assets
$1,662,907,671 at Dec 31, 2016
Average account balance
$94,763 across 17,548 accounts
Employer contributions
$58,828,648 in plan year 2016 (37% of all contributions)
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Jan 1, 1916
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Sep 19, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $160.8 million went into the plan in contributions, $58.8 million of it from the employer (37%).
  • $132.2 million was paid out to participants.
  • Investment and other income added $151.5 million.
  • Administrative expenses were $1.20 million, about $69 per account.

How the Bmo Harris Bank N.a. 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20118,595$792.3 million$34.9 million$56.5 million
201218,111$948.4 million$47.6 million$73.5 million
201317,969$1.17 billion$51.1 million$92.1 million
201417,880$1.28 billion$51.6 million$97.6 million
201517,850$1.49 billion$56.2 million$136.9 million
201617,690$1.66 billion$58.8 million$132.2 million

Bmo Harris Bank N.a. 401(k) Contact Information

Phone
312-461-6836
Mailing address
111 WEST MONROE STREET 7 WEST, CHICAGO IL 606034096
Plan sponsor
BMO HARRIS BANK N.A.
Plan administrator
BENEFITS ADMINISTRATION COMMITTEE
Employer identification number (EIN)
36-2085229
Plan number
001

Questions about the Bmo Harris Bank N.a. 401(k)

Is the Bmo Harris Bank N.a 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.

Does Bmo Harris Bank N.a contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $58.8 million, 37% of all contributions.

Does the Bmo Harris Bank N.a 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Bmo Harris Bank N.a 401(k) plan?

17,690 participants at the start of plan year 2016, 16,503 of them active employees, and 518 former employees who still had money in the plan.

What is the average 401(k) balance at Bmo Harris Bank N.a?

About $94,763 per account: $1.66 billion in plan assets across 17,548 accounts with a balance at the end of plan year 2016.

Who manages the Bmo Harris Bank N.a 401(k) accounts?

Xerox is the plan's recordkeeper, which is where participants log in to see their balance.

Related Companies
Headquarter: 320 SOUTH CANAL STREET 7 WEST, CHICAGO, IL, 606065707
Headquarter: 11625 MAPLE RIDGE RD, MEDINA, NY, 141039710
Headquarter: 800 NICOLLET MALL BC-MN-4BEN, MINNEAPOLIS, MN, 55402
Headquarter: 175 BERKELEY STREET, BOSTON, MA, 02116
Headquarter: 525 SOUTH TRYON STREET, CHARLOTTE, NC, 28202