401(k) · DOL Form 5500 · 2024

The Northern Trust Company 401(k) Plan

Data updated 2026-08-25

$3.3B
Total assets Very large vs avg
9,576
Participants Very large workforce
100th
Percentile by assets National rank
$348,276
Avg per participant High balance/head
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Official DOL plan name: The Northern Trust Company Thrift-Incentive Plan · Sponsored by The Northern Trust Company · Illinois · Finance & Insurance

$3.3B in assets, 9,576 participants

The Northern Trust Company's The Northern Trust Company Thrift-Incentive Plan reported $3.3B in total assets and 9,576 participants in its 2024 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.

  • #8,466 in Finance & Insurance (8,549 peers)

Coverage in Illinois

The Northern Trust Company Thrift-Incentive Plan covers 9,576 participants in Illinois, 12x the typical Illinois plan (state average ~779 per filing). Assets: $3.3B.

#8,466
in Finance & Insurance (8,549 peers)
+14.2%
assets growth YoY
33×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$3,335,090,472 Highest reported value at or above every one of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

The Northern Trust Company Thrift-Incentive Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (9,576 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Northern Trust Company Thrift-Incentive Plan end-of-year assets rose from $2.9B in the plan year 2023 filing to $3.3B in the plan year 2024 filing.
  • The Northern Trust Company Thrift-Incentive Plan reported participants fell from 9,829 in the plan year 2023 filing to 9,576 in the plan year 2024 filing.
  • The Northern Trust Company Thrift-Incentive Plan reported net income rose from $397M in the plan year 2023 filing to $405M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 361561860 · The Northern Trust Company PY 2024 · 401(k)

The Northern Trust Company Thrift-Incentive Plan · $3.3B · 9,576 · 100th

  • TYPE $3.3B
  • NET 9,576
  • BOOK 100th
  • VS-ST 401(k)
  • BOY near Intercontinental Exchange, Inc. 401(k) Plan
  • SCH ind #8466

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

Savings Plan for Employees of Ntca and Its MembersSavings Plan for Employees o…$3.4BThe Northern Trust Company Thrift-Incentive PlanThe Northern Trust Company T…$3.3BIntercontinental Exchange, Inc. 401(k) PlanIntercontinental Exchange, I…$3.3BWsp USA Retirement Savings PlanWsp USA Retirement Savings P…$3.3BFairview Health Services 403b PlanFairview Health Services 403…$3.3B
End-of-year total assets ($B) among The Northern Trust Company Thrift-Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$3.3B
Net Income$405M
Employer EIN361561860
Plan Effective Date1958-04-01
Filing StatusFILING 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
$2B$2.5B$3B$3.5B 202220232024 $2.52B $3.34B ▲ +32.5%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 0510152025 Total assets ($B) Participants The Northern Trust Company Thrift-Incentive Plan, Total assets ($B): 3.335090472 · Participants: 9576The Northern Trust Company Thrift-Incentive PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
The Northern Trust Company Thrift-Incentive Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare The Northern Trust Company Thrift-Incentive Plan side-by-side with 3 peers →

Scale composition for The Northern Trust Company Thrift-Incentive Plan

The Northern Trust Company Thrift-Incentive Plan reports $3.3B in end-of-year assets across 9,576 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $348,276 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2024 was $405M.

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 Open filing
2023 9,829 $2.9B Open filing
2024 · index core 9,576 $3.3B This page

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 Intercontinental Exchange, Inc. 401(k) Plan in GA ($3.3B); by covered participants it is Interfoods of America, Inc. Employees Savings Plan in FL (9,577 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,576 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Northern Trust Company Thrift-Incentive Plan assets move in 2024? ▼
The Northern Trust Company Thrift-Incentive Plan grew at a solid clip - up 14.2% during 2024, from $2.9B to $3.3B. Reported net income was $405M.
How have The Northern Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Northern Trust Company's sponsor-wide assets grew 32.1%, from $2.5B to $3.3B.
Where does The Northern Trust Company Thrift-Incentive Plan rank by assets among Form 5500 filers? ▼
The Northern Trust Company Thrift-Incentive Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The Northern Trust Company Thrift-Incentive Plan? ▼
Among 401(k) plans in other states, the closest by assets is Intercontinental Exchange, Inc. 401(k) Plan in GA ($3.3B, 4,982 participants).
Which 401(k) plans cover a similar participant headcount to The Northern Trust Company Thrift-Incentive Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Interfoods of America, Inc. Employees Savings Plan in FL (9,577 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 361561860.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.