401k Plan data: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS plan

EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 401k Plan overview

Plan Name	EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS
Plan identification number	001

EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BMO FINANCIAL CORP. has sponsored the creation of one or more 401k plans.

Company Name: BMO FINANCIAL CORP.

Employer identification number (EIN): 510275712

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 GARY M. HANSEN

Plan Statistics for EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS

401k plan membership statisitcs for EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS

Measure Date Value
2022: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2022 401k membership
Total participants, beginning-of-year 2022-01-01 18,104
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 13,364
Number of retired or separated participants receiving benefits 2022-01-01 287
Number of other retired or separated participants entitled to future benefits 2022-01-01 5,294
Total of all active and inactive participants 2022-01-01 18,945
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 112
Total participants 2022-01-01 19,057
Number of participants with account balances 2022-01-01 19,057
2021: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2021 401k membership
Total participants, beginning-of-year 2021-01-01 18,748
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 14,312
Number of retired or separated participants receiving benefits 2021-01-01 284
Number of other retired or separated participants entitled to future benefits 2021-01-01 3,404
Total of all active and inactive participants 2021-01-01 18,000
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 104
Total participants 2021-01-01 18,104
Number of participants with account balances 2021-01-01 18,104
2020: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2020 401k membership
Total participants, beginning-of-year 2020-01-01 19,726
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 14,514
Number of retired or separated participants receiving benefits 2020-01-01 368
Number of other retired or separated participants entitled to future benefits 2020-01-01 3,775
Total of all active and inactive participants 2020-01-01 18,657
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 91
Total participants 2020-01-01 18,748
Number of participants with account balances 2020-01-01 18,748
2019: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2019 401k membership
Total participants, beginning-of-year 2019-01-01 19,783
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 15,461
Number of retired or separated participants receiving benefits 2019-01-01 410
Number of other retired or separated participants entitled to future benefits 2019-01-01 3,771
Total of all active and inactive participants 2019-01-01 19,642
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 84
Total participants 2019-01-01 19,726
Number of participants with account balances 2019-01-01 19,726
2018: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2018 401k membership
Total participants, beginning-of-year 2018-01-01 17,002
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 16,007
Number of retired or separated participants receiving benefits 2018-01-01 430
Number of other retired or separated participants entitled to future benefits 2018-01-01 3,264
Total of all active and inactive participants 2018-01-01 19,701
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 82
Total participants 2018-01-01 19,783
Number of participants with account balances 2018-01-01 19,783
2017: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2017 401k membership
Total participants, beginning-of-year 2017-01-01 17,402
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 16,072
Number of retired or separated participants receiving benefits 2017-01-01 343
Number of other retired or separated participants entitled to future benefits 2017-01-01 508
Total of all active and inactive participants 2017-01-01 16,923
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 79
Total participants 2017-01-01 17,002
Number of participants with account balances 2017-01-01 19,227

Measure	Date	Value
2022: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2022 401k membership
Total participants, beginning-of-year	2022-01-01	18,104
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	13,364
Number of retired or separated participants receiving benefits	2022-01-01	287
Number of other retired or separated participants entitled to future benefits	2022-01-01	5,294
Total of all active and inactive participants	2022-01-01	18,945
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	112
Total participants	2022-01-01	19,057
Number of participants with account balances	2022-01-01	19,057
2021: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2021 401k membership
Total participants, beginning-of-year	2021-01-01	18,748
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	14,312
Number of retired or separated participants receiving benefits	2021-01-01	284
Number of other retired or separated participants entitled to future benefits	2021-01-01	3,404
Total of all active and inactive participants	2021-01-01	18,000
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	104
Total participants	2021-01-01	18,104
Number of participants with account balances	2021-01-01	18,104
2020: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2020 401k membership
Total participants, beginning-of-year	2020-01-01	19,726
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	14,514
Number of retired or separated participants receiving benefits	2020-01-01	368
Number of other retired or separated participants entitled to future benefits	2020-01-01	3,775
Total of all active and inactive participants	2020-01-01	18,657
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	91
Total participants	2020-01-01	18,748
Number of participants with account balances	2020-01-01	18,748
2019: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2019 401k membership
Total participants, beginning-of-year	2019-01-01	19,783
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	15,461
Number of retired or separated participants receiving benefits	2019-01-01	410
Number of other retired or separated participants entitled to future benefits	2019-01-01	3,771
Total of all active and inactive participants	2019-01-01	19,642
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	84
Total participants	2019-01-01	19,726
Number of participants with account balances	2019-01-01	19,726
2018: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2018 401k membership
Total participants, beginning-of-year	2018-01-01	17,002
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	16,007
Number of retired or separated participants receiving benefits	2018-01-01	430
Number of other retired or separated participants entitled to future benefits	2018-01-01	3,264
Total of all active and inactive participants	2018-01-01	19,701
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	82
Total participants	2018-01-01	19,783
Number of participants with account balances	2018-01-01	19,783
2017: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2017 401k membership
Total participants, beginning-of-year	2017-01-01	17,402
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	16,072
Number of retired or separated participants receiving benefits	2017-01-01	343
Number of other retired or separated participants entitled to future benefits	2017-01-01	508
Total of all active and inactive participants	2017-01-01	16,923
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	79
Total participants	2017-01-01	17,002
Number of participants with account balances	2017-01-01	19,227

Financial Data on EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS

Measure	Date	Value
2022 : EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$-21,417,298
Total unrealized appreciation/depreciation of assets	2022-12-31	$-21,417,298
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$163,790
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$348,171
Total income from all sources (including contributions)	2022-12-31	$-233,355,524
Total loss/gain on sale of assets	2022-12-31	$6,801,817
Total of all expenses incurred	2022-12-31	$212,404,066
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$208,629,838
Expenses. Certain deemed distributions of participant loans	2022-12-31	$2,205,276
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$232,870,888
Value of total assets at end of year	2022-12-31	$2,578,460,980
Value of total assets at beginning of year	2022-12-31	$3,024,404,951
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$1,568,952
Total interest from all sources	2022-12-31	$1,976,354
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$5,076,837
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	$13,588,973
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$36,845,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$118,409,822
Participant contributions at end of year	2022-12-31	$27,336,481
Participant contributions at beginning of year	2022-12-31	$26,054,208
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$9,552,029
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$1,130,306
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$15,030,957
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$134,645
Liabilities. Value of operating payables at end of year	2022-12-31	$163,790
Liabilities. Value of operating payables at beginning of year	2022-12-31	$213,526
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	$-445,759,590
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$2,578,297,190
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$3,024,056,780
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
Investment advisory and management fees	2022-12-31	$727,263
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$500,939,079
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$601,659,955
Interest on participant loans	2022-12-31	$1,006,457
Value of interest in common/collective trusts at end of year	2022-12-31	$1,918,491,726
Value of interest in common/collective trusts at beginning of year	2022-12-31	$2,238,479,592
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$969,897
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-458,778,605
Net investment gain or loss from common/collective trusts	2022-12-31	$114,483
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
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
Assets. Invements in employer securities at end of year	2022-12-31	$130,563,388
Assets. Invements in employer securities at beginning of year	2022-12-31	$143,180,239
Contributions received in cash from employer	2022-12-31	$104,909,037
Income. Dividends from common stock	2022-12-31	$-8,512,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$208,629,838
Contract administrator fees	2022-12-31	$841,689
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
Aggregate proceeds on sale of assets	2022-12-31	$6,801,817
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
2021 : EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$41,739,347
Total unrealized appreciation/depreciation of assets	2021-12-31	$41,739,347
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$348,171
Total income from all sources (including contributions)	2021-12-31	$670,887,033
Total loss/gain on sale of assets	2021-12-31	$1,223,027
Total of all expenses incurred	2021-12-31	$273,580,265
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$269,470,335
Expenses. Certain deemed distributions of participant loans	2021-12-31	$2,523,876
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$211,042,763
Value of total assets at end of year	2021-12-31	$3,024,404,951
Value of total assets at beginning of year	2021-12-31	$2,626,750,012
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$1,586,054
Total interest from all sources	2021-12-31	$1,802,952
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$27,575,350
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	$8,650,288
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$39,555,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$109,140,719
Participant contributions at end of year	2021-12-31	$26,054,208
Participant contributions at beginning of year	2021-12-31	$26,897,452
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$6,873,716
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$15,030,957
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$471,046
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$134,645
Liabilities. Value of operating payables at end of year	2021-12-31	$213,526
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	$397,306,768
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$3,024,056,780
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$2,626,750,012
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
Investment advisory and management fees	2021-12-31	$812,127
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$601,659,955
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$532,855,734
Interest on participant loans	2021-12-31	$1,049,055
Value of interest in common/collective trusts at end of year	2021-12-31	$2,238,479,592
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,955,405,882
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$753,897
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$387,502,925
Net investment gain or loss from common/collective trusts	2021-12-31	$669
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
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
Assets. Invements in employer securities at end of year	2021-12-31	$143,180,239
Assets. Invements in employer securities at beginning of year	2021-12-31	$111,119,898
Contributions received in cash from employer	2021-12-31	$95,028,328
Income. Dividends from common stock	2021-12-31	$18,925,062
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$269,470,335
Contract administrator fees	2021-12-31	$773,927
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
Aggregate proceeds on sale of assets	2021-12-31	$9,982,580
Aggregate carrying amount (costs) on sale of assets	2021-12-31	$8,759,553
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 : EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$2,705,470
Total unrealized appreciation/depreciation of assets	2020-12-31	$2,705,470
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$854,650
Total income from all sources (including contributions)	2020-12-31	$531,862,556
Total loss/gain on sale of assets	2020-12-31	$-1,035,412
Total of all expenses incurred	2020-12-31	$239,060,313
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$234,490,385
Expenses. Certain deemed distributions of participant loans	2020-12-31	$2,863,327
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$211,340,178
Value of total assets at end of year	2020-12-31	$2,626,750,012
Value of total assets at beginning of year	2020-12-31	$2,334,802,419
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$1,706,601
Total interest from all sources	2020-12-31	$1,463,549
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$17,406,241
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	$12,938,687
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$38,461,538
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$108,810,368
Participant contributions at end of year	2020-12-31	$26,897,452
Participant contributions at beginning of year	2020-12-31	$30,766,027
Participant contributions at beginning of year	2020-12-31	$2,140
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$7,961,167
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$471,046
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$471,009
Liabilities. Value of operating payables at beginning of year	2020-12-31	$854,650
Total non interest bearing cash at beginning of year	2020-12-31	$309,037
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	$292,802,243
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$2,626,750,012
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$2,333,947,769
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
Investment advisory and management fees	2020-12-31	$760,822
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$532,855,734
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$580,603,320
Interest on participant loans	2020-12-31	$1,447,454
Value of interest in common/collective trusts at end of year	2020-12-31	$1,955,405,882
Value of interest in common/collective trusts at beginning of year	2020-12-31	$1,611,919,091
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$16,095
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$298,397,719
Net investment gain or loss from common/collective trusts	2020-12-31	$1,584,811
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
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
Assets. Invements in employer securities at end of year	2020-12-31	$111,119,898
Assets. Invements in employer securities at beginning of year	2020-12-31	$110,730,218
Contributions received in cash from employer	2020-12-31	$94,568,643
Employer contributions (assets) at beginning of year	2020-12-31	$1,577
Income. Dividends from common stock	2020-12-31	$4,467,554
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$234,490,385
Contract administrator fees	2020-12-31	$945,779
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
Aggregate proceeds on sale of assets	2020-12-31	$9,984,295
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$11,019,707
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 : EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$15,055,323
Total unrealized appreciation/depreciation of assets	2019-12-31	$15,055,323
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$854,650
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$112,331
Total income from all sources (including contributions)	2019-12-31	$642,721,622
Total loss/gain on sale of assets	2019-12-31	$8,168,173
Total of all expenses incurred	2019-12-31	$183,763,670
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$179,206,297
Expenses. Certain deemed distributions of participant loans	2019-12-31	$2,788,698
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$216,080,009
Value of total assets at end of year	2019-12-31	$2,334,802,419
Value of total assets at beginning of year	2019-12-31	$1,875,102,148
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$1,768,675
Total interest from all sources	2019-12-31	$1,511,344
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$16,832,855
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	$12,504,012
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$36,696,500
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$107,041,004
Participant contributions at end of year	2019-12-31	$30,766,027
Participant contributions at beginning of year	2019-12-31	$29,040,889
Participant contributions at end of year	2019-12-31	$2,140
Participant contributions at beginning of year	2019-12-31	$25,939
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$12,641,465
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$471,009
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$423,570
Liabilities. Value of operating payables at end of year	2019-12-31	$854,650
Liabilities. Value of operating payables at beginning of year	2019-12-31	$112,331
Total non interest bearing cash at end of year	2019-12-31	$309,037
Total non interest bearing cash at beginning of year	2019-12-31	$95,742
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	$458,957,952
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$2,333,947,769
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,874,989,817
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
Investment advisory and management fees	2019-12-31	$790,434
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$580,603,320
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$485,175,954
Interest on participant loans	2019-12-31	$1,511,344
Value of interest in common/collective trusts at end of year	2019-12-31	$1,611,919,091
Value of interest in common/collective trusts at beginning of year	2019-12-31	$1,265,307,028
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$2,732,328
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$2,732,328
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$382,086,726
Net investment gain or loss from common/collective trusts	2019-12-31	$2,987,192
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
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
Assets. Invements in employer securities at end of year	2019-12-31	$110,730,218
Assets. Invements in employer securities at beginning of year	2019-12-31	$92,246,361
Contributions received in cash from employer	2019-12-31	$96,397,540
Employer contributions (assets) at end of year	2019-12-31	$1,577
Employer contributions (assets) at beginning of year	2019-12-31	$54,337
Income. Dividends from common stock	2019-12-31	$4,328,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$179,206,297
Contract administrator fees	2019-12-31	$978,241
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
Aggregate proceeds on sale of assets	2019-12-31	$8,168,173
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 : EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2018-12-31	$-23,994,353
Total unrealized appreciation/depreciation of assets	2018-12-31	$-23,994,353
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$112,331
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$46,211
Total income from all sources (including contributions)	2018-12-31	$71,251,070
Total loss/gain on sale of assets	2018-12-31	$5,033,012
Total of all expenses incurred	2018-12-31	$168,934,040
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$164,669,822
Expenses. Certain deemed distributions of participant loans	2018-12-31	$2,665,543
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$200,834,152
Value of total assets at end of year	2018-12-31	$1,875,102,148
Value of total assets at beginning of year	2018-12-31	$1,972,718,998
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$1,598,675
Total interest from all sources	2018-12-31	$1,250,625
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$17,042,038
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	$13,014,407
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$238,470,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$100,816,173
Participant contributions at end of year	2018-12-31	$29,040,889
Participant contributions at beginning of year	2018-12-31	$27,523,057
Participant contributions at end of year	2018-12-31	$25,939
Participant contributions at beginning of year	2018-12-31	$2,418,451
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$8,118,041
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$423,570
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$1,369,109
Liabilities. Value of operating payables at end of year	2018-12-31	$112,331
Liabilities. Value of operating payables at beginning of year	2018-12-31	$46,211
Total non interest bearing cash at end of year	2018-12-31	$95,742
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	$-97,682,970
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$1,874,989,817
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$1,972,672,787
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
Investment advisory and management fees	2018-12-31	$687,581
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$485,175,954
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$522,595,632
Interest on participant loans	2018-12-31	$1,250,625
Value of interest in common/collective trusts at end of year	2018-12-31	$1,265,307,028
Value of interest in common/collective trusts at beginning of year	2018-12-31	$1,300,836,565
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$2,732,328
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$3,255,372
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$3,255,372
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-70,622,450
Net investment gain or loss from common/collective trusts	2018-12-31	$-58,291,954
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
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
Assets. Invements in employer securities at end of year	2018-12-31	$92,246,361
Assets. Invements in employer securities at beginning of year	2018-12-31	$111,866,196
Contributions received in cash from employer	2018-12-31	$91,899,938
Employer contributions (assets) at end of year	2018-12-31	$54,337
Employer contributions (assets) at beginning of year	2018-12-31	$2,854,616
Income. Dividends from common stock	2018-12-31	$4,027,631
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$164,669,822
Contract administrator fees	2018-12-31	$911,094
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
Aggregate proceeds on sale of assets	2018-12-31	$464,552,703
Aggregate carrying amount (costs) on sale of assets	2018-12-31	$459,519,691
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 : EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$9,475,688
Total unrealized appreciation/depreciation of assets	2017-12-31	$9,475,688
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$46,211
Total income from all sources (including contributions)	2017-12-31	$468,010,192
Total of all expenses incurred	2017-12-31	$158,245,076
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$154,063,879
Expenses. Certain deemed distributions of participant loans	2017-12-31	$2,273,359
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$190,495,975
Value of total assets at end of year	2017-12-31	$1,972,718,998
Value of total assets at beginning of year	2017-12-31	$1,662,907,671
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,907,838
Total interest from all sources	2017-12-31	$530,417
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$15,577,907
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	$12,346,557
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$93,773,131
Participant contributions at end of year	2017-12-31	$27,523,057
Participant contributions at beginning of year	2017-12-31	$25,484,413
Participant contributions at end of year	2017-12-31	$2,418,451
Participant contributions at beginning of year	2017-12-31	$2,230,225
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$11,892,041
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$1,369,109
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$335,909
Administrative expenses (other) incurred	2017-12-31	$16,976
Liabilities. Value of operating payables at end of year	2017-12-31	$46,211
Total non interest bearing cash at beginning of year	2017-12-31	$58,028
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	$309,765,116
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$1,972,672,787
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$1,662,907,671
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
Investment advisory and management fees	2017-12-31	$1,758,751
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$522,595,632
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$411,157,300
Interest on participant loans	2017-12-31	$530,417
Value of interest in common/collective trusts at end of year	2017-12-31	$1,300,836,565
Value of interest in common/collective trusts at beginning of year	2017-12-31	$1,112,168,845
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$3,255,372
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$2,844,211
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$2,844,211
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$88,833,850
Net investment gain or loss from common/collective trusts	2017-12-31	$163,096,355
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
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
Assets. Invements in employer securities at end of year	2017-12-31	$111,866,196
Assets. Invements in employer securities at beginning of year	2017-12-31	$106,747,548
Contributions received in cash from employer	2017-12-31	$84,830,803
Employer contributions (assets) at end of year	2017-12-31	$2,854,616
Employer contributions (assets) at beginning of year	2017-12-31	$1,881,192
Income. Dividends from common stock	2017-12-31	$3,231,350
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$154,063,879
Contract administrator fees	2017-12-31	$132,111
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

Form 5500 Responses for EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS

2022: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: EMPLOYEES' 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	BMO FINANCIAL CORP.
Employer identification number (EIN):	510275712
NAIC Classification:	522110
NAIC Description:	Commercial Banking