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Company:
Harris N.A.
Plan:
Employees' 401k Savings Plan of Bank of Montreal/Harris
 

Harris N.A.

70 Plan: Employees' 401k Savings Plan of Bank of Montreal/Harris

 
 
70
22
70
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (70) and the top rated plan (90) could equate to:
[How is this calculated?]
12 additional years of work
Up to $67,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Employees' 401k Savings Plan of Bank of Montreal/Harris is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Account Balances. Employees' 401k Savings Plan of Bank of Montreal/Harris currently has over 8,500 active participants and over $751.6M in plan assets.

 

 Retirement Plan Details

Address 111 West Monroe Street, 7 West
Chicago, IL 60603-4003 
Industry Commercial Banking
Administrator Mary P. Wessel
Net Plan Assets $752,000,000
Total Participants 8,600
Avg Account Balance $87,000

 Compare Other Companies in Peer Group

Barclays Bank PLC 81.4
Comerica 74.8
Union Bank, N.A. 73.2
Zions Bancorporation 69.1
BancWest 69.1
Community America Credit Union 65.9

 Top 3 Funds in this 401k

1. Virtus Insight Tax-Exempt Money Market 14%
2. BNY Mellon Daily Liquidity Stock Index 11%
3. Virtus Value Equity 11%

  Plan Service Providers

Recordkeeper ACS HR Solutions
Corporate Trustee BNY Mellon
Administration Aon Hewitt EnnisKnupp
Administration Harris N.A.
Auditor George Johnson & Company of Il, LLC

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