BMO Financial Corp. 401(k): best low-cost funds
BMO 401(k) Savings Plan · Plan #001 · Chicago, IL
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| U.s. Analyst Fund | Jpmorgan Chase Bank N.a. | Common/collective trust | $809.0M |
| Stock Index Fund index | Bank Of NEW York Mellon Corporation | Common/collective trust | $796.8M |
| Blackrock Lifepath Ind. Ret. Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $267.4M |
| Blackrock Lifepath Ind. 2045 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $257.2M |
| Blackrock Lifepath Ind. 2040 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $211.4M |
| Blackrock Lifepath Ind. 2030 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $203.5M |
| Blackrock Lifepath Ind. 2035 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $203.3M |
| Blackrock Lifepath Ind. 2050 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $188.1M |
| MID CAP Stock Index Fund index | Bank Of NEW York Mellon Corporation | Common/collective trust | $177.6M |
| Dimensional U.s. Small CAP Fund | Global Trust Company | Common/collective trust | $159.8M |
| Small CAP Stock Index Fund index | Bank Of NEW York Mellon Corporation | Common/collective trust | $130.3M |
| Blackrock Lifepath Ind. 2055 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $127.4M |
| MFS International Equity Fund | MFS Heritage Trust Company | Common/collective trust | $112.9M |
| Blackrock Lifepath Ind. 2060 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $86.5M |
| Emerging Markets Equity Trust | T. Rowe Price Trust Company | Common/collective trust | $70.3M |
| Acwi Ex-u.s. Fund | Bank Of NEW York Mellon Corporation | Common/collective trust | $68.9M |
| Metwest Total Return Bond Fund | SEI Trust Company | Common/collective trust | $67.3M |
| Wtc-cif II MID CAP Opp. Series 3 | Wellington Trust Company | Common/collective trust | $60.1M |
| Aggregate Bond Index Fund index | Bank Of NEW York Mellon Corporation | Common/collective trust | $56.7M |
| American Century High Yield Trust | Global Trust Company | Common/collective trust | $49.4M |
| Blackrock Lifepath Ind. 2065 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $33.2M |
| Tips Index Fund index | Bank Of NEW York Mellon Corporation | Common/collective trust | $26.2M |
| Blackrock Lifepath Ind. 2025 Fund H | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $0 |
| Stable Value Trust, Class B1 | Invesco Trust Company | Common/collective trust | $0 |
| Putnam Stable Value Fund | Putnam Fiduciary Trust Company | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $290.6M | 5.8% |
| Common/collective trusts | $4.2B | 83.8% |
| Insurance co. general account | $307.2M | 6.2% |
| Employer securities (company stock) | $137.9M | 2.8% |
| Participant loans | $61.1M | 1.2% |
Fees paid from plan assets
| Other administrative fees | $5,880 |
| Total administrative expenses | $1.1M |
Reported administrative expenses were about 0.023% of average plan assets, or about $37 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20251014235357NAL0003889729001. EIN 510275712.
FAQ
What are the best low-cost funds in the BMO Financial Corp. 401(k)?
The free public data doesn't list enough of the BMO Financial Corp. plan's index funds to say. Look in your plan's fee disclosure (404a-5 notice) for a US stock index fund, an international index fund and a bond index fund with low expense ratios.
Can I build a three-fund portfolio in the BMO Financial Corp. 401(k)?
Possibly. Many large plans offer the three building blocks, but the public data for this plan doesn't confirm it. A low-cost target-date index fund is a common one-fund alternative.
How big is the BMO Financial Corp. 401(k) plan?
The plan reported about $5.0B in net assets and 29,352 participants with balances for plan year 2024, according to its DOL Form 5500 filing.
Where does this data come from?
From public U.S. Department of Labor Form 5500 filings (EFAST2) and, where noted, the plan's SEC Form 11-K. Data can be outdated or incomplete, and this page is not financial advice.
Other finance & insurance employers
- Citigroup Inc.
- Morgan Stanley Domestic Holdings, LLC
- The Goldman Sachs Group, Inc.
- U.s. Bancorp
- United Services Automobile Association
- Liberty Mutual Group Inc.