Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Northern Trust Corporation
Most often reported for investment advisory and management
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 60 retirement plans with 100 or more participants reported paying Northern Trust Corporation $5,000 or more. Those plans cover 833,194 participant records, and the service most often reported is investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $8.5M. Per plan, the median was $13.66 per participant, with the middle half of plans between $6.79 and $24.56. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in New Jersey (8), Illinois (8) and Maryland (7).
In 2009 it appeared on 34 such filings; in 2024, 78. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $6.79 | $13.66 | $24.56 |
| Compensation as a share of plan net assets | 0.01% | 0.02% | 0.03% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Southern California UFCW Unions and Food Employers Joint Pension Trust Fund | Board of Trustees, So Ca UFCW Unions & Food Employers | CA | 199,927 | $6.49B | $412K |
| International Painters and Allied Trades Industry Pension Plan | Intl Painters & Allied Trades Ind. Pension Fund- Board of Trustees | MD | 95,494 | $4.44B | $637K |
| Exxonmobil Pension Plan | Exxon Mobil Corporation | TX | 60,890 | $11.2B | $597K |
| Genuine Parts Company 401(k) Savings Plan | Genuine Parts Company | GA | 40,665 | $2.54B | $502K |
| Exxonmobil Savings Plan | Exxon Mobil Corporation | TX | 37,812 | $23.6B | $516K |
| Gciu - Employer Retirement Benefit Plan | Board of Trustees Gciu-Employer Retirement Benefit Plan | WA | 37,126 | $1.76B | $69K |
| Midwest Operating Engineers Pension Trust Fund | Trustees of the Midwest Operating Engineers Pension Trust Fund | IL | 31,707 | $5.77B | $329K |
| The Members Retirement Plan | Trustees of the Members Retirement Plan | IL | 31,309 | $694M | $75K |
| Indiana Laborers Pension Fund | Board of Trustees - Indiana Laborers Pension Fund | IN | 28,807 | $1.81B | $175K |
| Producer-Writers Guild of America Pension Plan | Board of Directors Producer-Writers Guild of America Pension Plan | CA | 20,228 | $4.42B | $287K |
| Retirement Plan of Carilion Clinic | Carilion Clinic | VA | 17,990 | $1.44B | $541K |
| Kimberly-Clark Corporation 401(k) & Profit Sharing Plan | Kimberly-Clark Corporation | WI | 17,038 | $4.99B | $107K |
| Genuine Parts Company Pension Plan | Genuine Parts Company | GA | 15,587 | $1.96B | $513K |
| Heavy & General Laborers' Local Unions 472 & 172 of NJ Annuity Plan | BD of Trustees Heavy & General Laborers' of NJ Annuity Fund | NJ | 14,981 | $1.49B | $90K |
| Pipe Fitters Retirement Fund, Local 597 | Trustees of Pipe Fitters Retirement Fund Local 597 | IL | 14,689 | $3.00B | $178K |
| United Food and Commercial Workers Local 1546 Pension Plan | Board of Trustees of United Food & Commercial WKRS Local 1546 Pension | IL | 12,224 | $217M | $130K |
| Valero Energy Corporation Pension Plan | Valero Energy Corporation | TX | 11,896 | $2.63B | $41K |
| Pension Plan of L'Oreal USA, Inc. | Loreal USA, Inc. | NJ | 11,634 | $831M | $372K |
| Pension Plan of the Pacific Northwest Laboratories Battelle Memorial Institute | Battelle Memorial Institute | OH | 10,106 | $1.88B | $877K |
| UFCW Pharmacists, Clerks, and Drug Employer's Pension Trust | UFCW Pharmacists, Clerks, and Drug Employer's Pension Trust | CA | 10,074 | $183M | $70K |
| Iron Workers' Mid-America Pension Plan | Board of Trustees of Iw Mid-America Pension Plan | IL | 9,805 | $998M | $34K |
| New Jersey Building Laborers Statewide Annuity Fund | BD of Trustees NJ Building Laborers Statewide Annuity Fund | NJ | 7,536 | $245M | $8,882 |
| Chicago Painters and Decorators Pension Fund | Board of Trustees of Chicago Painters and Decorators Pension FD | IL | 6,443 | $1.20B | $298K |
| VNS Health Care Pension Plan | Visiting Nurse Service of New York | NY | 6,355 | $525M | $89K |
| Construction Workers Pension Trust Fund - Lake County and Vicinity Pension Plan | Trustees of Construction Workers - Lake County Pension | IN | 6,258 | $590M | $70K |
| Plumbers' & Pipefitters' Local Union 562 Pension Fund | Trustees, Plumbers' & Pipefitters' Local Pension Fund | MO | 5,866 | $818M | $24K |
| Ims Health Incorporated Retirement Plan | Iqvia Incorporated | CT | 4,900 | $530M | $248K |
| W.R. Grace & Co. Retirement Plan for Salaried Employees | W.R. Grace & Co. | MD | 4,369 | $477M | $91K |
| Joint Pension Fund of Local Union No 102 | Joint Pension Fund of Local Union No 102 IBEW Board of Trustees | NJ | 4,355 | $718M | $41K |
| Tiffany and Company Pension Plan | Tiffany and Company | NY | 4,033 | $606M | $28K |
| Maryland Electrical Industry Pension Plan | Maryland Electrical Ind Pension | WV | 3,817 | $288M | $7,562 |
| Spectrum Health Pension Plan | Corewell Health | MI | 3,593 | $214M | $107K |
| Operating Engineers Local No 37 Severance & Annuity Fund | BRD of Trustees Oe 37 S&a Fund | MD | 3,496 | $83.0M | $0 |
| Twin City Ironworkers Pension Plan | Board of Trustees of the Twin City Ironworkers Pension Fund | MN | 3,447 | $454M | $50K |
| Pension Fund of Cement Masons Union Local No. 502 | Board of Trustees Cement Masons' Pension Fund | IL | 3,202 | $540M | $53K |
| 2018 US Graphic Packaging International Pension Plan | Graphic Packaging International, LLC | GA | 3,115 | $230M | $75K |
| UA Local 190 Pension Plan | Joint Board of Trustees of the UA Local 190 Pension Plan | MI | 2,629 | $286M | $61K |
| Metro Ila Pension Fund | Board of Trustees Metro Ila Pension Fund | NJ | 2,507 | $366M | $22K |
| Retirement Plan of the Wine, Liquor & Distillery Workers Union Local 1D Pension Fund | BD of Trustees Retirement Plan of WLDW Union Local 1D | NY | 2,467 | $103M | $13K |
| United Mine Workers of America 1985 Construction Workers Pension Plan | Board of Trustees of the Umwa 1985 Construction Workers | WV | 2,281 | $469M | $102K |
Questions and answers
How many plans does Northern Trust Corporation serve?
60 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Northern Trust Corporation?
The median plan reported $13.66 per participant in direct and indirect compensation (59 plans reporting an amount), or 0.02% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Investment management (35 plans), Other services (17 plans), Trustee (bank, trust company, or similar financial institution) (14 plans) and Custodial (securities) (13 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.