EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS

Plan Contact

  • Contact person: MARY P. WESSEL
  • Phone: (312) 461-5182

Plan General Information

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is $520,479,242.00.This plan was established in 1916.

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is 7977

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Average Participant Retirement Account Value

In 2003, the average participant retirement account value for EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is $65,247.00

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is $6,899.00.

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is approximately $2,350.00
Investing in this additonal $2,350.00 for 20 years would give you extra $150,406.00, assuming a 10% annual return.

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Total Employer Contribution and Match Rate

In 2003, EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS allocates $18,746,763.00 to match its employees' contributions, providing an employer match rate of 68.12% of their contributions

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is 23.37%.

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is 21.80%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS Expense Ratio

In 2003, the investment and administrative expense ratio of EMPLOYEES SAVINGS AND PROFIT SHARING PLAN OF BANK OF MONTREAL/HARRIS is 0.17%.

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