Plan Snapshot
- Plan Sponsor: Bmo Financial Corp.
- Sponsor EIN: 510275712
- Sponsor Address: 320 SOUTH CANAL STREET, CHICAGO, IL, 606065707
- Plan Type: 401(k)
- Total Participants: 19,696
- Total Assets: $5.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 19,696 | $5.0B | $155.0M | $184.7M |
| 2023 | 20,280 | $4.5B | $135.3M | $154.4M |
| 2022 | 13,364 | $2.6B | $104.9M | $118.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GJC CPA'S & ADVISORS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,094,082 | — | — | — | — |
| 2023 | $1,141,761 | $836,969 | $304,792 | — | — |
| 2022 | $1,568,952 | $727,263 | $841,689 | — | — |