Plan Snapshot
- Plan Sponsor: The Northern Trust Company
- Sponsor EIN: 361561860
- Sponsor Address: 333 S WABASH AVE, WB-20, CHICAGO, IL, 60604
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 14,565
- Total Assets: $3.8B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 14,565 | $3.8B | $0 | $0 |
| 2024 | 9,702 | $3.3B | $34.1M | $133.5M |
| 2023 | 9,576 | $2.9B | $33.0M | $127.9M |
| 2022 | 9,829 | $2.5B | $29.5M | $117.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EDELMAN FINANCIAL ENGINES | Other Service Provider | $884,582 | — | $884,582 |
| INVESCO CAPITAL MANAGEMENT | Other Service Provider | $229,701 | — | $229,701 |
| FID INV INST OPS CO | Other Service Provider | $163,288 | — | $163,288 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $104,955 | — | $104,955 |
| GEORGE JOHNSON & COMPANY | Other Service Provider | $31,500 | — | $31,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,414,026
- Estimated Expense Ratio: 0.038% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $342,936,608 | — | — | — | — |
| 2024 | $1,600,404 | — | — | — | — |
| 2023 | $1,440,463 | — | — | $1,440,463 | — |
| 2022 | $1,888,448 | $1,888,448 | — | — | — |