BMO FINANCIAL CORP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS
| Measure | Date | Value |
|---|
| 2023 : EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $219,640,491 |
| Total of all expenses incurred | 2023-12-31 | $223,243,862 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $202,348,657 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $212,544,554 |
| Value of total assets at end of year | 2023-12-31 | $84,628,733 |
| Value of total assets at beginning of year | 2023-12-31 | $88,232,104 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $20,895,205 |
| Total interest from all sources | 2023-12-31 | $4,185,433 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $888,797 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $888,797 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $37,795,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $63,093,421 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $379,888 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $249,942 |
| Other income not declared elsewhere | 2023-12-31 | $2,021,707 |
| Administrative expenses (other) incurred | 2023-12-31 | $1,489,890 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $-3,603,371 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $84,628,733 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $88,232,104 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $84,248,845 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $87,982,162 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $4,185,433 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $10,299,926 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $149,451,133 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $192,048,731 |
| Contract administrator fees | 2023-12-31 | $19,209,584 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | GJC CPA'S & ADVISORS |
| Accountancy firm EIN | 2023-12-31 | 270475249 |
| Total income from all sources (including contributions) | 2023-01-01 | $219,640,491 |
| Total of all expenses incurred | 2023-01-01 | $223,243,862 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $202,348,657 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $212,544,554 |
| Value of total assets at end of year | 2023-01-01 | $84,628,733 |
| Value of total assets at beginning of year | 2023-01-01 | $88,232,104 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $20,895,205 |
| Total interest from all sources | 2023-01-01 | $4,185,433 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $888,797 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $888,797 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $37,795,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $63,093,421 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $379,888 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $249,942 |
| Other income not declared elsewhere | 2023-01-01 | $2,021,707 |
| Administrative expenses (other) incurred | 2023-01-01 | $1,489,890 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $-3,603,371 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $84,628,733 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $88,232,104 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $84,248,845 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $87,982,162 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $4,185,433 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $10,299,926 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $149,451,133 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $192,048,731 |
| Contract administrator fees | 2023-01-01 | $19,209,584 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | GJC CPA'S & ADVISORS |
| Accountancy firm EIN | 2023-01-01 | 270475249 |
| 2022 : EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $160,982,848 |
| Total of all expenses incurred | 2022-12-31 | $166,572,377 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $158,993,985 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $159,642,200 |
| Value of total assets at end of year | 2022-12-31 | $88,232,104 |
| Value of total assets at beginning of year | 2022-12-31 | $93,821,633 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $7,578,392 |
| Total interest from all sources | 2022-12-31 | $1,153,414 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $187,234 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $187,234 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $36,845,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $45,749,636 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $249,942 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $815 |
| Administrative expenses (other) incurred | 2022-12-31 | $1,578,429 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-5,589,529 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $88,232,104 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $93,821,633 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $87,982,162 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $93,820,818 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $1,153,414 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $13,369,341 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $113,892,564 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $145,624,644 |
| Contract administrator fees | 2022-12-31 | $5,999,963 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | GJC CPA'S & ADVISORS |
| Accountancy firm EIN | 2022-12-31 | 270475249 |
| Total income from all sources (including contributions) | 2022-01-01 | $160,982,848 |
| Total of all expenses incurred | 2022-01-01 | $166,572,377 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $158,993,985 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $159,642,200 |
| Value of total assets at end of year | 2022-01-01 | $88,232,104 |
| Value of total assets at beginning of year | 2022-01-01 | $93,821,633 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $7,578,392 |
| Total interest from all sources | 2022-01-01 | $1,153,414 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $187,234 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $187,234 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $36,845,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $45,749,636 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $249,942 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $815 |
| Administrative expenses (other) incurred | 2022-01-01 | $1,578,429 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-5,589,529 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $88,232,104 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $93,821,633 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $87,982,162 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $93,820,818 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $1,153,414 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $13,369,341 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $113,892,564 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $145,624,644 |
| Contract administrator fees | 2022-01-01 | $5,999,963 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | GJC CPA'S & ADVISORS |
| Accountancy firm EIN | 2022-01-01 | 270475249 |
| 2021 : EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $151,624,900 |
| Total of all expenses incurred | 2021-12-31 | $156,988,390 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $150,437,331 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $151,567,153 |
| Value of total assets at end of year | 2021-12-31 | $93,821,633 |
| Value of total assets at beginning of year | 2021-12-31 | $99,185,123 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $6,551,059 |
| Total interest from all sources | 2021-12-31 | $33,095 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $24,598 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $24,598 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $39,555,500 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $47,230,575 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $815 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $714 |
| Administrative expenses (other) incurred | 2021-12-31 | $3,521,548 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-5,363,490 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $93,821,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $99,185,123 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $93,820,818 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $99,184,409 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $33,095 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $14,722,110 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $54 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $104,336,578 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $135,715,221 |
| Contract administrator fees | 2021-12-31 | $3,029,511 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | GEORGE JOHNSON & COMPANY OF IL, LLC |
| Accountancy firm EIN | 2021-12-31 | 270475249 |
| 2020 : EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $150,209,351 |
| Total of all expenses incurred | 2020-12-31 | $155,058,808 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $140,748,186 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $145,809,702 |
| Value of total assets at end of year | 2020-12-31 | $99,185,123 |
| Value of total assets at beginning of year | 2020-12-31 | $104,034,580 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $14,310,622 |
| Total interest from all sources | 2020-12-31 | $41,056 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,147,412 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,147,412 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $38,461,538 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $49,049,744 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $714 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $111,364 |
| Administrative expenses (other) incurred | 2020-12-31 | $9,750,986 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-4,849,457 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $99,185,123 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $104,034,580 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $99,184,409 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $103,923,216 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $41,056 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $14,816,114 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $3,211,181 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $96,759,958 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $125,932,072 |
| Contract administrator fees | 2020-12-31 | $4,559,636 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | GEORGE JOHNSON & COMPANY OF IL, LLC |
| Accountancy firm EIN | 2020-12-31 | 270475249 |
| 2019 : EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-12-31 | $158,943,998 |
| Total of all expenses incurred | 2019-12-31 | $153,505,709 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $144,076,013 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $147,473,045 |
| Value of total assets at end of year | 2019-12-31 | $104,034,580 |
| Value of total assets at beginning of year | 2019-12-31 | $98,596,291 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $9,429,696 |
| Total interest from all sources | 2019-12-31 | $156,109 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,433,802 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $2,433,802 |
| Administrative expenses professional fees incurred | 2019-12-31 | $1,000 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $36,696,500 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $48,143,244 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $111,364 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $163,490 |
| Administrative expenses (other) incurred | 2019-12-31 | $5,346,976 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $5,438,289 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $104,034,580 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $98,596,291 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $103,923,216 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $98,432,801 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $156,109 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $15,250,614 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $8,881,042 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $99,329,801 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $128,825,399 |
| Contract administrator fees | 2019-12-31 | $4,081,720 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | GEORGE JOHNSON & COMPANY OF IL, LLC |
| Accountancy firm EIN | 2019-12-31 | 270475249 |
| 2018 : EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS 2018 401k financial data |
|---|
| Total income from all sources (including contributions) | 2018-12-31 | $145,786,164 |
| Total of all expenses incurred | 2018-12-31 | $158,037,745 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $144,649,332 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $145,913,140 |
| Value of total assets at end of year | 2018-12-31 | $98,596,291 |
| Value of total assets at beginning of year | 2018-12-31 | $110,847,872 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $13,388,413 |
| Total interest from all sources | 2018-12-31 | $159,168 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $2,352,577 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $2,352,577 |
| Administrative expenses professional fees incurred | 2018-12-31 | $49,561 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $238,470,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $61,904,923 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $163,490 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $95,539 |
| Administrative expenses (other) incurred | 2018-12-31 | $9,272,773 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-12,251,581 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $98,596,291 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $110,847,872 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $98,432,801 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $110,752,333 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $159,168 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $13,596,460 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-2,638,721 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $84,008,217 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $131,052,872 |
| Contract administrator fees | 2018-12-31 | $4,066,079 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | GEORGE JOHNSON & COMPANY OF IL, LLC |
| Accountancy firm EIN | 2018-12-31 | 270475249 |
| 2017 : EMPLOYEE BENEFIT PROGRAM OF BANK OF MONTREAL/HARRIS 2017 401k financial data |
|---|
| Total income from all sources (including contributions) | 2017-12-31 | $181,759,359 |
| Total of all expenses incurred | 2017-12-31 | $170,533,452 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $157,557,131 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $172,948,239 |
| Value of total assets at end of year | 2017-12-31 | $110,847,872 |
| Value of total assets at beginning of year | 2017-12-31 | $99,621,965 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $12,976,321 |
| Total interest from all sources | 2017-12-31 | $207,967 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $1,678,601 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $1,678,601 |
| Administrative expenses professional fees incurred | 2017-12-31 | $39,798 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $238,470,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $61,104,312 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $95,539 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $66,451 |
| Administrative expenses (other) incurred | 2017-12-31 | $8,647,788 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $11,225,907 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $110,847,872 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $99,621,965 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $110,752,333 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $99,555,514 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $207,967 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $36,555,826 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $6,924,552 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $111,843,927 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $121,001,305 |
| Contract administrator fees | 2017-12-31 | $4,288,735 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | GEORGE JOHNSON & COMPANY OF IL, LLC |
| Accountancy firm EIN | 2017-12-31 | 270475249 |
