Civic Intelligence

Bmo Financial Corp.

Plan context: Bmo 401(K) Savings Plan

EIN 51-0275712 • Chicago, IL • 35 filings • 12 plans

320 South Canal Street, 7 WestChicago, IL 60606-5707
Current Snapshot

Latest Year

2024

2024 Participants

19,704

2024 Assets

$6,356,778,924

2024 Contributions

$661,026,031

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$6,356,778,924$3,178,389,462$0201720212024YearValue
$6,356,778,924Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

20,28010,1400201720212024YearValue
19,704Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024519,704$6,356,778,924$661,026,031$33,548iApproximate average salary by contribution assumption: employee only about $838,695 at 4% or $559,130 at 6%; with 50% employer match about $559,130 at 4% or $372,753 at 6%; with 100% employer match about $419,348 at 4% or $279,565 at 6%.
Bmo 401(K) Savings Plan-19,696$4,970,255,879$372,698,467$18,923iApproximate average salary by contribution assumption: employee only about $473,064 at 4% or $315,376 at 6%; with 50% employer match about $315,376 at 4% or $210,251 at 6%; with 100% employer match about $236,532 at 4% or $157,688 at 6%.
Bmo U.S. Pension Plan-5,932$1,300,480,803--
Bmo Retiree Medical and Life Insurance Plan--$73,999,547$1,311,905-
Bmo U.S. Health and Welfare Plan-19,704$11,970,286$274,603,412$13,936iApproximate average salary by contribution assumption: employee only about $348,411 at 4% or $232,274 at 6%; with 50% employer match about $232,274 at 4% or $154,849 at 6%; with 100% employer match about $174,205 at 4% or $116,137 at 6%.
Bmo U.S. Severance Benefit Plan-19,672$72,409$12,412,247$631iApproximate average salary by contribution assumption: employee only about $15,774 at 4% or $10,516 at 6%; with 50% employer match about $10,516 at 4% or $7,011 at 6%; with 100% employer match about $7,887 at 4% or $5,258 at 6%.
2023620,280$5,991,681,834$539,057,917$26,581iApproximate average salary by contribution assumption: employee only about $664,519 at 4% or $443,013 at 6%; with 50% employer match about $443,013 at 4% or $295,342 at 6%; with 100% employer match about $332,260 at 4% or $221,506 at 6%.
Bmo 401(K) Savings Plan-20,280$4,538,074,231$309,629,660$15,268iApproximate average salary by contribution assumption: employee only about $381,693 at 4% or $254,462 at 6%; with 50% employer match about $254,462 at 4% or $169,641 at 6%; with 100% employer match about $190,847 at 4% or $127,231 at 6%.
Bmo U.S. Pension Plan-6,469$1,368,858,951--
Bmo U.S. Health and Welfare Plan-8,967$84,628,733$212,544,554$23,703iApproximate average salary by contribution assumption: employee only about $592,574 at 4% or $395,050 at 6%; with 50% employer match about $395,050 at 4% or $263,366 at 6%; with 100% employer match about $296,287 at 4% or $197,525 at 6%.
Bmo U.S. Severance Benefit Plan-20,258$119,919$16,883,703$833iApproximate average salary by contribution assumption: employee only about $20,836 at 4% or $13,891 at 6%; with 50% employer match about $13,891 at 4% or $9,260 at 6%; with 100% employer match about $10,418 at 4% or $6,945 at 6%.
Bank of the West Group Health and Welfare Plan-0---
Bank of the West Retiree Medical Plan-0---
2022413,364$3,672,113,719$411,715,194$30,808iApproximate average salary by contribution assumption: employee only about $770,195 at 4% or $513,463 at 6%; with 50% employer match about $513,463 at 4% or $342,309 at 6%; with 100% employer match about $385,097 at 4% or $256,732 at 6%.
Bmo 401(K) Savings Plan-13,364$2,578,460,980$232,870,888$17,425iApproximate average salary by contribution assumption: employee only about $435,631 at 4% or $290,421 at 6%; with 50% employer match about $290,421 at 4% or $193,614 at 6%; with 100% employer match about $217,815 at 4% or $145,210 at 6%.
Bmo U.S. Pension Plan-5,727$1,005,372,434$10,000,000$1,746iApproximate average salary by contribution assumption: employee only about $43,653 at 4% or $29,102 at 6%; with 50% employer match about $29,102 at 4% or $19,401 at 6%; with 100% employer match about $21,826 at 4% or $14,551 at 6%.
Bmo U.S. Health and Welfare Plan-8,376$88,232,104$159,642,200$19,059iApproximate average salary by contribution assumption: employee only about $476,487 at 4% or $317,658 at 6%; with 50% employer match about $317,658 at 4% or $211,772 at 6%; with 100% employer match about $238,243 at 4% or $158,829 at 6%.
Bmo U.S. Severance Benefit Plan-13,242$48,201$9,202,106$695iApproximate average salary by contribution assumption: employee only about $17,373 at 4% or $11,582 at 6%; with 50% employer match about $11,582 at 4% or $7,721 at 6%; with 100% employer match about $8,686 at 4% or $5,791 at 6%.
2021414,312$4,413,134,182$410,754,524$28,700iApproximate average salary by contribution assumption: employee only about $717,500 at 4% or $478,333 at 6%; with 50% employer match about $478,333 at 4% or $318,889 at 6%; with 100% employer match about $358,750 at 4% or $239,167 at 6%.
Bmo 401(K) Savings Plan-14,312$3,024,404,951$211,042,763$14,746iApproximate average salary by contribution assumption: employee only about $368,647 at 4% or $245,764 at 6%; with 50% employer match about $245,764 at 4% or $163,843 at 6%; with 100% employer match about $184,323 at 4% or $122,882 at 6%.
Bmo U.S. Pension Plan-6,297$1,294,717,360$25,000,000$3,970iApproximate average salary by contribution assumption: employee only about $99,254 at 4% or $66,169 at 6%; with 50% employer match about $66,169 at 4% or $44,113 at 6%; with 100% employer match about $49,627 at 4% or $33,085 at 6%.
Bmo U.S. Health and Welfare Plan-8,843$93,821,633$151,567,153$17,140iApproximate average salary by contribution assumption: employee only about $428,495 at 4% or $285,663 at 6%; with 50% employer match about $285,663 at 4% or $190,442 at 6%; with 100% employer match about $214,247 at 4% or $142,832 at 6%.
Bmo U.S. Severance Benefit Plan-12,554$190,238$23,144,608$1,844iApproximate average salary by contribution assumption: employee only about $46,090 at 4% or $30,727 at 6%; with 50% employer match about $30,727 at 4% or $20,484 at 6%; with 100% employer match about $23,045 at 4% or $15,363 at 6%.
2020414,514$4,147,793,102$434,973,817$29,969iApproximate average salary by contribution assumption: employee only about $749,231 at 4% or $499,488 at 6%; with 50% employer match about $499,488 at 4% or $332,992 at 6%; with 100% employer match about $374,616 at 4% or $249,744 at 6%.
Bmo 401(K) Savings Plan-14,514$2,626,750,012$211,340,178$14,561iApproximate average salary by contribution assumption: employee only about $364,028 at 4% or $242,685 at 6%; with 50% employer match about $242,685 at 4% or $161,790 at 6%; with 100% employer match about $182,014 at 4% or $121,343 at 6%.
Bmo U.S. Pension Plan-7,068$1,421,807,779$50,000,000$7,074iApproximate average salary by contribution assumption: employee only about $176,853 at 4% or $117,902 at 6%; with 50% employer match about $117,902 at 4% or $78,602 at 6%; with 100% employer match about $88,427 at 4% or $58,951 at 6%.
Bmo U.S. Health and Welfare Plan-9,303$99,185,123$145,809,702$15,673iApproximate average salary by contribution assumption: employee only about $391,835 at 4% or $261,223 at 6%; with 50% employer match about $261,223 at 4% or $174,149 at 6%; with 100% employer match about $195,918 at 4% or $130,612 at 6%.
Bmo U.S. Severance Benefit Plan-12,787$50,188$27,823,937$2,176iApproximate average salary by contribution assumption: employee only about $54,399 at 4% or $36,266 at 6%; with 50% employer match about $36,266 at 4% or $24,177 at 6%; with 100% employer match about $27,199 at 4% or $18,133 at 6%.
2019415,461$3,753,359,055$438,432,032$28,357iApproximate average salary by contribution assumption: employee only about $708,932 at 4% or $472,621 at 6%; with 50% employer match about $472,621 at 4% or $315,081 at 6%; with 100% employer match about $354,466 at 4% or $236,311 at 6%.
Bmo 401(K) Savings Plan-15,461$2,334,802,419$216,080,009$13,976iApproximate average salary by contribution assumption: employee only about $349,395 at 4% or $232,930 at 6%; with 50% employer match about $232,930 at 4% or $155,287 at 6%; with 100% employer match about $174,698 at 4% or $116,465 at 6%.
Bmo U.S. Pension Plan-8,085$1,314,472,612$50,000,000$6,184iApproximate average salary by contribution assumption: employee only about $154,607 at 4% or $103,072 at 6%; with 50% employer match about $103,072 at 4% or $68,714 at 6%; with 100% employer match about $77,304 at 4% or $51,536 at 6%.
Bmo U.S. Health and Welfare Plan-8,412$104,034,580$147,473,045$17,531iApproximate average salary by contribution assumption: employee only about $438,282 at 4% or $292,188 at 6%; with 50% employer match about $292,188 at 4% or $194,792 at 6%; with 100% employer match about $219,141 at 4% or $146,094 at 6%.
Bmo U.S. Severance Benefit Plan-13,663$49,444$24,878,978$1,821iApproximate average salary by contribution assumption: employee only about $45,523 at 4% or $30,348 at 6%; with 50% employer match about $30,348 at 4% or $20,232 at 6%; with 100% employer match about $22,761 at 4% or $15,174 at 6%.
2018416,007$3,148,398,999$416,094,595$25,995iApproximate average salary by contribution assumption: employee only about $649,863 at 4% or $433,242 at 6%; with 50% employer match about $433,242 at 4% or $288,828 at 6%; with 100% employer match about $324,932 at 4% or $216,621 at 6%.
Bmo 401(K) Savings Plan-16,007$1,875,102,148$200,834,152$12,547iApproximate average salary by contribution assumption: employee only about $313,666 at 4% or $209,111 at 6%; with 50% employer match about $209,111 at 4% or $139,407 at 6%; with 100% employer match about $156,833 at 4% or $104,555 at 6%.
Bmo U.S. Pension Plan-9,200$1,174,652,704$50,000,000$5,435iApproximate average salary by contribution assumption: employee only about $135,870 at 4% or $90,580 at 6%; with 50% employer match about $90,580 at 4% or $60,386 at 6%; with 100% employer match about $67,935 at 4% or $45,290 at 6%.
Bmo U.S. Health and Welfare Plan-9,063$98,596,291$145,913,140$16,100iApproximate average salary by contribution assumption: employee only about $402,497 at 4% or $268,331 at 6%; with 50% employer match about $268,331 at 4% or $178,887 at 6%; with 100% employer match about $201,248 at 4% or $134,166 at 6%.
Bmo U.S. Severance Benefit Plan-14,019$47,856$19,347,303$1,380iApproximate average salary by contribution assumption: employee only about $34,502 at 4% or $23,001 at 6%; with 50% employer match about $23,001 at 4% or $15,334 at 6%; with 100% employer match about $17,251 at 4% or $11,501 at 6%.
2017416,072$3,279,741,263$402,549,921$25,047iApproximate average salary by contribution assumption: employee only about $626,167 at 4% or $417,444 at 6%; with 50% employer match about $417,444 at 4% or $278,296 at 6%; with 100% employer match about $313,083 at 4% or $208,722 at 6%.
Bmo 401(K) Savings Plan-16,072$1,972,718,998$190,495,975$11,853iApproximate average salary by contribution assumption: employee only about $296,317 at 4% or $197,544 at 6%; with 50% employer match about $197,544 at 4% or $131,696 at 6%; with 100% employer match about $148,158 at 4% or $98,772 at 6%.
Bmo U.S. Pension Plan-10,591$1,196,153,712$15,000,000$1,416iApproximate average salary by contribution assumption: employee only about $35,407 at 4% or $23,605 at 6%; with 50% employer match about $23,605 at 4% or $15,737 at 6%; with 100% employer match about $17,704 at 4% or $11,802 at 6%.
Bmo U.S. Health and Welfare Plan-9,355$110,847,872$172,948,239$18,487iApproximate average salary by contribution assumption: employee only about $462,181 at 4% or $308,121 at 6%; with 50% employer match about $308,121 at 4% or $205,414 at 6%; with 100% employer match about $231,091 at 4% or $154,060 at 6%.
Bmo U.S. Severance Benefit Plan-14,019$20,681$24,105,707$1,720iApproximate average salary by contribution assumption: employee only about $42,988 at 4% or $28,658 at 6%; with 50% employer match about $28,658 at 4% or $19,106 at 6%; with 100% employer match about $21,494 at 4% or $14,329 at 6%.