BMO Financial Group Employee Benefit: 401K Plan | Glassdoor

BMO Financial Group 401K Plan

34 employees reported this benefit

3.8
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Available to US-based employees (Change location)

Employee Comments

Showing 1–9 of 9
  • Feb 22, 2017
    StarStarStarStarStar Current Sr Data Analyst in Chicago, Illinois

    5% match currently and I believe it should be increasing as the pension plan will no longer be funded, increasing match on 401k to 7% as long as you put in your 5%.

  • Dec 07, 2016
    StarStarStarStarStar Former Employee in Chicago, Illinois

    The match amount should be higher since they eliminated the pension plan.

  • Jun 20, 2016
    StarStarStarStarStar Current Compliance Specialist Senior Manager in Chicago, Illinois

    The match and immediate vesting are nice. It's a pretty typical 401K plan for the industry.

  • Apr 11, 2016
    StarStarStarStarStar Former Manager of Corporate Groups in Brookfield, Wisconsin

    5% match on all 401K contributions

  • Nov 05, 2015
    StarStarStarStarStar Former Employee in Chicago, Illinois

    The rate is on industry average.

  • Jul 28, 2015
    StarStarStarStarStar Current Employee in Seattle, Washington State

    Just one plan, two options and limited investment choices. Not too great when you work for a financial firm.

  • Jun 02, 2015
    StarStarStarStarStar Former Financial Services Manager in Milwaukee, Wisconsin

    Great program. Gives you full access to plan your 401k and allows you to change it at any point.

  • May 19, 2015
    StarStarStarStarStar Current Vice President in Chicago, Illinois

    Great plan with a company match.

  • Sep 02, 2014
    StarStarStarStarStar Current Employee in Milwaukee, Wisconsin

    Great match the funds available could be better

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