401(k) · DOL Form 5500 · 2022
The Northern Trust Company 401(k) Plan
Data updated 2026-08-25
- $2.5B
- Total assets Very large vs avg
- 9,107
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $277,156
- Avg per participant High balance/head
Official DOL plan name: The Northern Trust Company Thrift-Incentive Plan · Sponsored by The Northern Trust Company · Illinois · Finance & Insurance
$2.5B in assets, 9,107 participants
The Northern Trust Company's The Northern Trust Company Thrift-Incentive Plan reported $2.5B in total assets and 9,107 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #9,167 in Finance & Insurance (9,261 peers)
Coverage in Illinois
The Northern Trust Company Thrift-Incentive Plan covers 9,107 participants in Illinois, 12x the typical Illinois plan (state average ~779 per filing). Assets: $2.5B.
- #9,167
- in Finance & Insurance (9,261 peers)
- -18.8%
- assets change YoY
- 25×
- vs typical plan assets (national mean)
The plan reported a net loss of $586M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Northern Trust Company Thrift-Incentive Plan's outsized position by total assets
The Northern Trust Company Thrift-Incentive Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,524,064,139 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Northern Trust Company Thrift-Incentive Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Northern Trust Company Thrift-Incentive Plan lands in the large band (9,107 participants).
Form 5500 schedule snapshot
Filing strip 361561860 · The Northern Trust Company PY 2022 · 401(k)
The Northern Trust Company Thrift-Incentive Plan · $2.5B · 9,107 · 100th
- BOOK $2.5B
- BOOK 9,107
- BOOK 100th
- BOOK 401(k)
- BOOK near Barclays 401(k) Plan
- BOOK ind #9167
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Illinois →
The Northern Trust Company Thrift-Incentive Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $3.1B |
|---|---|
| Net Assets (End of Year) | $2.5B |
| Net Income | -$586M |
| Employer EIN | 361561860 |
| Plan Effective Date | 1958-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Northern Trust Company)
Sponsor-wide plan assets over time
All The Northern Trust Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.3B 32.131764025668446% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 9,107 | $2.5B |
| 2023 | 1 | 9,829 | $2.9B |
| 2024 | 1 | 9,576 | $3.3B |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- State Farm 401(k) Savings Plan $14.7B · 53,616
- Accenture United States 401(k) Match and Savings Plan $14.3B · 66,653
- Abbott Laboratories Stock Retirement Plan $13.3B · 36,136
- United Airlines Pilot Retirement Account Plan $11.8B · 13,437
- Walgreens Retirement Savings Plan $11.7B · 238,072
Scale composition for The Northern Trust Company Thrift-Incentive Plan
The Northern Trust Company Thrift-Incentive Plan reports $2.5B in end-of-year assets across 9,107 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $277,156 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2022 was -$586M.
This plan identity (EIN 361561860, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $3.3B (+32.1%) while covered participants moved from 9,107 to 9,576 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 9,107 | $2.5B | This page |
| 2023 | 9,829 | $2.9B | Open filing |
| 2024 · index core | 9,576 | $3.3B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- The Northern Trust Company Thrift-Incentive Plan (401(k), $3.3B, 9,576 participants)
The Northern Trust Company Thrift-Incentive Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Barclays 401(k) Plan in NY ($2.5B); by covered participants it is Eversource 401(k) Plan in CT (9,111 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.5B here).
- Barclays 401(k) Plan (NY) $2.5B · 10,071
- Ball Corporation 401(k) and Employee Stock Ownership Plan (CO) $2.5B · 10,671
- Abb Inc. Retirement Savings Plan (NC) $2.5B · 13,390
- Iqvia 401(k) Plan (NC) $2.5B · 17,909
Similar participant headcount
Nearest other-state filings by covered participants (9,107 participants); asset peers above are excluded.
- Eversource 401(k) Plan (CT) 9,111 · 4 off
- Stakeholder Payroll Services, LLC. 401(k) Plan (KY) 9,111 · 4 off
- Gpi Savings Plan (GA) 9,115 · 8 off
- Ameriprise Financial 401(k) Plan (MN) 9,092 · 15 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.