The Northern Trust Company Pension Plancash balance plan: employer contributions, fees and assets
2025Form 5500 for plan year 2025
The filing shows $13,518 of employer contributions for each active participant in the plan year that ended 31 Dec 2025. Form 5500 does not state the match formula.
- Sponsor
- The Northern Trust Company, Chicago, IL
- EIN and plan number
- 36-1561860, plan 001
- Plan type
- cash balance. Single-employer plan
- Plan year
- to
- Filing received
What this filing shows
At the end of the plan year that ended 31 Dec 2025, the plan had 14,677 participants.
Net assets were $1,543,492,905 at the end of that plan year.
Employer contributions were $13,518 for each active participant in that plan year.
By participants, it was number 37 of 361 defined benefit plans with 100 or more participants and a filing address in Illinois.
By net assets, it was number 29 of 360.
This page gives no change from plan year 2024, because the site has no filing of the plan for that year.
Its administrative expenses for each participant were $270 in plan year 2025.
The median of defined benefit plans with 5,000 to 24,999 participants was $399 in plan year 2024.
Form 5500 does not state the match formula.
What Form 5500 does not show
- The match formula. The form gives the total of the employer contributions for a plan year.
- Fund expense ratios. The fees on the form are the administrative expenses of the plan and the Schedule C compensation.
- The account of a person. The form gives totals for the plan.
While applicable plans are required to file a Form 5500 or Form 5500-SF annually, multiple filings may exist for a plan’s single form year if a plan amends their original filing or if a duplicate filing was erroneously submitted.
The dataset listed as “Latest” includes only the latest filing received for a plan with a filing status of “FILING_RECEIVED”.
EBSA wrote these sentences. Copied from Employee Benefits Security Administration, Form 5500 Datasets Guide on .
In plain words: this page shows the latest filing on record for each plan. A plan can amend a filing, and an amended filing replaces the earlier one at the next update. Source of the figures: the Form 5500 datasets, filings received through . The Department of Labor received this filing on .
Contributions
Position among plans of the same type and size. The group: 662 defined benefit plans with 5,000 to 24,999 participants, plan year 2024. The percentiles set the latest figures of this plan against the group of plan year 2024.
- Employer contributionsPlan year that ended 31 Dec 2025. Cash from employers, Schedule H line 2a(1)(A)
- $125,000,000
- Active participants31 Dec 2025
- 9,247
- Employer contributions for each active participant
- $13,518
The plan is at the 64th percentile of the group. The quartiles of the group are $3,183, $9,482 and $17,677. Among plans of the same sector, the plan is at the 71st percentile.
- Participant contributionsPlan year that ended 31 Dec 2025
- no figure
- Rollovers and other contributions
- no figure
- Participant contributions for each active participant
- no figure
- Total contributionsPlan year that ended 31 Dec 2025. Schedule H line 2a(3)
- $125,000,000
A percentile gives a position in the group. It does not grade the plan. Groups: plans with 5,000 to 24,999 participants, Finance and insurance sector.
Fees that the filing shows
The fees on this page are the administrative expenses of the plan and the Schedule C compensation. Fund expense ratios are not in Form 5500.
- Other administrative expenses
- $1,519,404
- Investment advisory and management fees
- $1,154,735
- Recordkeeping fees
- $954,174
- Actuarial fees
- $282,126
- IQPA audit fees
- $39,500
- Trustee and custodial fees
- $7,099
- Other trustee fees and expenses
- $1,532
- Administrative expenses, Schedule HPlan year that ended 31 Dec 2025
- $3,958,570
The plan is at the 28th percentile of the group. The quartiles of the group are $257, $399 and $671. Among plans of the same sector, the plan is at the 28th percentile.
- Direct compensation
- $2,498,544
- Indirect compensation
- $0
- Schedule C compensation to organisationsPlan year that ended 31 Dec 2025
- $2,498,544
The plan is at the 36th percentile of the group. The quartiles of the group are $132, $232 and $381. Among plans of the same sector, the plan is at the 24th percentile.
The group for a fee line has only the plans that report an amount. Guide: how to read Schedule C fees
Assets and participants
- Net assets at the start of the plan year
- $1,340,763,648
- Total income, with the result of the investments
- $291,314,762
- Benefits paid
- $84,626,935
- Total expenses
- $88,585,505
- Net income
- $202,729,257
- Net transfers
- $0
- Net assets, 31 Dec 2025
- $1,543,492,905
- Active participants
- 9,247
- Retired or separated, with benefits now
- 856
- Retired or separated, with benefits later
- 4,483
- Participants, 31 Dec 2025
- 14,677
The plan is at the 60th percentile of the group. The quartiles of the group are $53,908, $87,332 and $137,728. Among plans of the same sector, the plan is at the 43rd percentile.
Net assets for each participant is an average of the plan. Form 5500 has no account balance of a person.
Plan years on file
Plan years 2010, 2022, 2023 and 2024 have no column. The site has no filing of this plan for them, or the filing has no figure.
Plan years 2010, 2022, 2023 and 2024 have no column. The site has no filing of this plan for them, or the filing has no figure.
| Plan year | Participants | Net assets | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|
| 2025 | 14,677 | $1.54B | $125M | no figure | $2.5M |
| 2021 | 12,738 | $1.72B | no figure | no figure | $1.7M |
| 2020 | 12,897 | $1.80B | $0 | no figure | $1.1M |
| 2019 | 12,502 | $1.60B | $0 | no figure | $1.2M |
| 2018 | 12,210 | $1.39B | $0 | no figure | $1.4M |
| 2017 | 12,039 | $1.57B | $50.0M | no figure | $834K |
| 2016 | 11,694 | $1.40B | no figure | no figure | $1.1M |
| 2015 | 11,319 | $1.34B | no figure | no figure | $1.0M |
| 2014 | 11,006 | $1.44B | no figure | no figure | $1.0M |
| 2013 | 10,596 | $1.35B | $0 | no figure | $1.1M |
| 2012 | 10,421 | $1.28B | $100M | no figure | $1.4M |
| 2011 | 10,192 | $1.09B | $100M | no figure | $602K |
| 2009 | 9,792 | $846M | $195M | no figure | $930K |
The site has no filing of this plan for plan years 2010, 2022, 2023 and 2024.
Assets by Schedule H category, 31 Dec 2025
- Common/collective trusts
- $838M 54.2%
- Corporate debt instruments
- $296M 19.2%
- Other investments
- $210M 13.6%
- U.S. Government securities
- $102M 6.6%
- Corporate stocks
- $92.0M 6.0%
- Receivables
- $7.2M 0.5%
The form shows the type of the investment vehicle. It does not list the funds of the plan.
Service providers on Schedule C
| Organisation | Services in the filing | Direct compensation | Indirect compensation |
|---|---|---|---|
| Fidelity Investments Institutional | Recordkeeping and information management | $930,287 | $0 |
| Nisa Investment Advisors | Investment management | $684,595 | $0 |
| Aon Consulting, Inc. | Actuarial | $282,126 | $0 |
| BlackRock Institutional Trust Co. | Investment management | $270,931 | $0 |
| Ariel Capital Management, LLC | Investment management | $141,582 | $0 |
| Cohen & Steers Capital Management | Investment management | $118,537 | $0 |
| George Johnson & Company of Il, LLC | Accounting (including auditing) | $39,500 | $0 |
| Deloitte Tax LLP | Consulting (pension) | $23,887 | $0 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | $7,099 | $0 |
Schedule C lists a provider only when the plan paid it $5,000 or more. The site does not show persons that Schedule C names.
Other answers in the filing
- Opinion of the accountantSchedule H line 3a
- Unmodified
- Accountant performed an ERISA section 103(a)(3)(C) auditSchedule H line 3b
- No
- Accounting firmSchedule H line 3c
- GJC Cpa's & Advisors
- Failure to transmit participant contributionsSchedule H line 4a
- No
- Fidelity bondSchedule H line 4d
- Yes, $75,000,000
- Blackout period in the plan yearSchedule H line 4m
- No
- 1ABenefits are primarily pay related
- 1CCash balance or similar plan
- 3HPlan sponsor(s) is (are) a member(s) of a controlled group
Plan characteristics codes of line 8a, with the labels of the Form 5500 instructions. Business code 522110: Commercial Banking.
The plan administrator gives these answers on Schedule H. The site shows the answers as filed. It draws no conclusion from them.
Line 3a. The attached opinion of an independent qualified public accountant for this plan is (see instructions):
The form has four choices: unmodified, qualified, disclaimer and adverse. Glossary
Line 4a. Was there a failure to transmit to the plan any participant contributions within the time period described in 29 CFR 2510.3-102? Continue to answer “Yes” for any prior year failures until fully corrected. (See instructions and DOL’s Voluntary Fiduciary Correction Program.)
A “Yes” answer carries an amount. The line does not say why a transfer was late. Glossary
Form text copied from Department of Labor, Schedule H (Form 5500), editions 2024 and 2025 on .
Other plans of The Northern Trust Company
| Plan | Participants | Net assets |
|---|---|---|
| The Northern Trust Company Thrift-Incentive Plan | 14,565 | $3.76B |
Plans of similar size in the same industry
| Plan | Sponsor | Participants |
|---|---|---|
| Keycorp Consolidated Cash Balance Plan | Keycorp | 16,110 |
| Comerica Incorporated Retirement Income Account Plan | Fifth Third Bancorp | 14,648 |
| BMO U.S. Pension Plan | BMO Financial Corp. | 16,885 |
| Comerica Incorporated Retirement Income Account Plan | Comerica Incorporated | 14,456 |
| U.S. Bank Legacy Pension Plan | U.S. Bancorp | 44,109 |
| M&T Bank Corporation Pension Plan | Manufacturers and Traders Trust Co. | 14,115 |
| U.S. Bank Pension Plan | U.S. Bancorp | 73,213 |
| Huntington Bancshares Retirement Plan | Huntington Bancshares Incorporated | 11,198 |
| Truist Financial Corporation Pension Plan | Truist Financial Corporation | 92,388 |
| CFG Pension Plan | Citizens Financial Group, Inc. | 10,710 |
Official channels
- Form 5500 Filing Search, U.S. Department of Labor, EFAST2
The search of the Department of Labor for filed Form 5500 reports.
To find this plan there, look for: EIN 36-1561860Plan number 001
- EBSA publication about retirement plans, for participants, U.S. Department of Labor, Employee Benefits Security Administration
The publication explains how a retirement plan works.
The links open the sites of the Department of Labor in a new tab. The site confirmed the links on .
Cite this page
My Plan Facts. "The Northern Trust Company Pension Plan." https://myplanfacts.com/plan/361561860-001-the-northern-trust-company-pension-plan/. Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 datasets, filings received through 24 Oct 2026.
Embed the figures
Where this page gets its figures
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 datasets (Form 5500, Schedule H, Schedule C), plan years 2009 to 2025. The datasets are in the public domain. This page shows the latest filing on record for EIN 36-1561860, plan 001. An amended filing replaces it at the next update. The site calculates the figures for each participant, the quartiles and the percentiles. How the figures are made. Report an error.
Questions
Does the filing show the employer match?
No. Form 5500 does not state the match formula. The filing shows total employer contributions of $125,000,000 for the plan year that ended 31 Dec 2025.
What fees does the filing show?
The plan reported $3,958,570 of administrative expenses for the plan year that ended 31 Dec 2025. Schedule C shows $2,498,544 of compensation to service providers. Fund expense ratios are not in Form 5500.
Which organisations give services to the plan?
Schedule C of the filing names 9 organisations. The table of service providers on this page gives the names, the services and the amounts. Schedule C lists a provider only when the plan paid it $5,000 or more.
How old are these figures?
The figures are for the plan year from 1 Jan 2025 to 31 Dec 2025. The Department of Labor received the filing on 1 Oct 2026. A filing is due by the last day of the 7th month after the plan year ends. An extension allows up to 9.5 months after the plan year ends.