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

Plan Contact

  • Address: 111 WEST MONROE STREET, 7 WEST,CHICAGO,IL
  • Contact person: MARY P. WESSEL
  • Phone: (312) 461-5182

Plan General Information

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is $651,437,495.00.This plan was established in 1916.

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is 8473

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Average Participant Retirement Account Value

In 2009, the average participant retirement account value for EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is $76,883.00

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is $8,422.00.

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is approximately $2,688.00
Investing in this additonal $2,688.00 for 20 years would give you extra $172,060.00, assuming a 10% annual return.

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Total Employer Contribution and Match Rate

In 2009, EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS allocates $22,779,201.00 to match its employees' contributions, providing an employer match rate of 63.84% of their contributions

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is 22.31%.

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is 20.84%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS Expense Ratio

In 2009, the investment and administrative expense ratio of EMPLOYEES 401(K) SAVINGS PLAN OF BANK OF MONTREAL/HARRIS is 0.16%.

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