The Northern Trust Company Thrift-Incentive Plan — Form 5500 plan (The Northern Trust Company)
Plain-English plan 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, The Northern Trust Company Thrift-Incentive Plan is a benefit plan reported by The Northern Trust Company under EIN 36-1561860 and plan number 002. The latest loaded filing year is 2023. The filing reports 14,170 participants and $2,921,359,623 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Northern Trust Company
- EIN
- 36-1561860
- Plan number
- 002
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 14,170
- End-of-year plan assets
- $2,921,359,623
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 14,170 | H, C | 20240627164910NAL0011615937001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,921,359,623
- Total liabilities (EOY)
- $650,386
- Net assets (EOY)
- $2,920,709,237
- Net assets (BOY)
- $2,523,312,920
Income & contributions
- Employer contributions
- $32,971,740
- Participant contributions
- $127,862,720
- Total contributions
- $184,007,244
- Total income / additions
- $598,745,972
Expenses & distributions
- Benefits paid
- $199,909,192
- Administrative expenses
- $1,440,463
- Total expenses
- $201,349,655
- Net increase / (decrease)
- $397,396,317
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Financial Engines | NONE | $698,728 | not reported in the loaded dataset | 2023 |
| The Prudential Trust Company | NONE | $504,400 | $0 | 2023 |
| Invesco Capital Management | NONE | $293,087 | $0 | 2023 |
| Fid Inv Inst Ops Co | NONE | $52,475 | not reported in the loaded dataset | 2023 |
| The Northern Trust Company | PLAN SPONSOR | $42,730 | $0 | 2023 |
| George Johnson & Company | NONE | $29,200 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Northern Trust Company
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Financial Engines — Schedule C compensation
- The Prudential Trust Company — Schedule C compensation
- Invesco Capital Management — Schedule C compensation
- Fid Inv Inst Ops Co — Schedule C compensation
- The Northern Trust Company — Schedule C compensation
- George Johnson & Company — Schedule C compensation