Plan Snapshot
- Plan Sponsor: Bmo Financial Corp.
- Sponsor EIN: 510275712
- Sponsor Address: 320 SOUTH CANAL STREET, CHICAGO, IL, 606065707
- Plan Type: DB
- Total Participants: 5,932
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,932 | $1.3B | $0 | $0 |
| 2023 | 6,469 | $1.4B | $0 | $0 |
| 2022 | 5,727 | $1.0B | $10.0M | $0 |
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 |
|---|---|---|---|---|
| NISA INVESTMENT ADVISORS | NONE | $1,494,062 | — | $1,494,062 |
| COLUMBIA THREADNEEDLE INVESTMENTS | NONE | $760,499 | — | $760,499 |
| BANK OF NEW YORK MELLON CORPORATION | NONE | $265,258 | — | $265,258 |
| GROOM LAW GROUP CHARTERED | NONE | $52,963 | — | $52,963 |
| WILLIS TOWERS WATSON U.S. LLC | NONE | $45,506 | — | $45,506 |
| GJC CPA'S & ADVISORS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROOM LAW GROUP CHARTERED — NONE
- WILLIS TOWERS WATSON U.S. LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,618,288
- Estimated Expense Ratio: 0.201% of plan assets
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 | $4,516,987 | $1,494,062 | — | — | — |
| 2023 | $3,749,125 | $1,192,314 | — | — | — |
| 2022 | $2,913,852 | — | — | — | $360,132 |