2023 Form 5500 filing — The Northern Trust Company Thrift-Incentive Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240627164910NAL0011615937001) for The Northern Trust Company Thrift-Incentive Plan, reported by The Northern Trust Company under EIN 36-1561860 and plan number 002. It reports 14,170 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240627164910NAL0011615937001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Northern Trust Company
- EIN
- 36-1561860
- Plan number
- 002
- Location
- Chicago, IL
- Participants
- 14,170
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,921,359,623
- Total liabilities (EOY)
- $650,386
- Net assets (EOY)
- $2,920,709,237
- Employer contributions
- $32,971,740
- Participant contributions
- $127,862,720
- Total income / additions
- $598,745,972
- Benefits paid
- $199,909,192
- Administrative expenses
- $1,440,463
- Total expenses
- $201,349,655
- Net increase / (decrease)
- $397,396,317
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Financial Engines | NONE | $698,728 | not reported in the loaded dataset |
| The Prudential Trust Company | NONE | $504,400 | $0 |
| Invesco Capital Management | NONE | $293,087 | $0 |
| Fid Inv Inst Ops Co | NONE | $52,475 | not reported in the loaded dataset |
| The Northern Trust Company | PLAN SPONSOR | $42,730 | $0 |
| George Johnson & Company | NONE | $29,200 | not reported in the loaded dataset |