401(k) · DOL Form 5500 · 2022
The Northern Trust Company 401(k) Plan
Data updated 2026-08-11
- $2.5B
- Total assets
- 9,107
- Participants
- 100th
- Percentile by assets
- $277,156
- Avg per participant
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.
- 100th percentile by assets (of 139,126 plans)
- #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.
- $2.5B
- total plan assets (2022 EOY)
- 9,107
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $277,156
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. The Northern Trust Company Thrift-Incentive Plan reports 9,107 participants - 12x that state average ($2.5B EOY assets).
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)
| 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.
The Northern Trust Company Thrift-Incentive Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Northern Trust Company Thrift-Incentive Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did The Northern Trust Company Thrift-Incentive Plan assets move in 2022? ▼
How have The Northern Trust Company plan assets changed over time? ▼
Where does The Northern Trust Company Thrift-Incentive Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on The Northern Trust Company Thrift-Incentive Plan's numbers.
- By total assets, The Northern Trust Company Thrift-Incentive Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- The Northern Trust Company's sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Finance & Insurance plans