NORTHERN TRUST COMPANY
85 known aliases resolved via the canonical alias map
Market position · 2024
Plans served675-7 YoYRank #47 of mapped providers
Assets under administration$1.05T1.2%Market share · rank #9
Fees received$132MMedian $91,120/planSum across Schedule C direct + indirect
Net wins YoY-575 won · 80 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical NORTHERN TRUST COMPANY plan look like?
Service mix · median fees per plan
Count of plans where NORTHERN TRUST COMPANY ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Trustee (directed); Trustee (bank, trust company, or similar financial institution); Direct payment from the planCode 21 | 307 | $112,322 | |
Trustee (discretionary); Direct payment from the plan; Trustee (bank, trust company, or similar financial institution); Custodial (securities); Investment management fees paid directly by plan; Trustee (directed); Other servicesCode 19 | 114 | $74,357 | |
Soft dollars commissions; Shareholder servicing fees; Other services; Float revenue; Investment management; Investment management fees paid indirectly by planCode 28 | 101 | $39,335 | |
Trustee (directed); Sub-transfer agency fees; Direct payment from the planCode 25 | 43 | $118,880 | |
Trustee (directed); Direct payment from the plan; Custodial (securities); Custodial (other than securities)Code 18 | 25 | $60,227 | |
Soft dollars commissions; Investment management fees paid indirectly by plan; Other servicesCode 49 | 17 | $33,575 | |
Trustee (bank, trust company, or similar financial institution); Contract Administrator; Direct payment from the planCode 13 | 14 | $71,976 | |
Trustee (bank, trust company, or similar financial institution); Float revenue; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Other feesCode 15 | 13 | $203,869 |
Competitor overlap
Percent of NORTHERN TRUST COMPANY's plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under NORTHERN TRUST COMPANY.
| Sponsor | From | Assets |
|---|---|---|
INTERNATIONAL BUSINESS MACHINES CORPORATIONNY · 130871985-001 | PRICEWATERHOUSECOOPERS LLP | $17.9B |
BOARD OF TRUSTEES OF 1199SEIU HEALTH CARE EMPLOYEES PENSION FUNDNY · 133604862-001 | HEALTH MANAGEMENT SYSTEMS, INC. | $16.9B |
THE HOME DEPOT, INC.GA · 953261426-001 | (new plan) | $14.1B |
ENTERGY CORPORATIONLA · 721229752-003 | T ROWE PRICE RPS INC | $4.4B |
H.E.BUTT GROCERY COMPANYTX · 740537175-001 | CONDUENT HR CONSULTING, LLC | $4.3B |
BUILDING TRADES UNITED PENSION TRUST FUNDWI · 516049409-001 | BAYSIDE CAPITAL, INC. | $3.3B |
FACTORY MUTUAL INSURANCE COMPANYRI · 050316605-001 | INDEPENDENT FINANCIAL PARTNERS | $3.0B |
AMICA MUTUAL INSURANCE COMPANYRI · 050348344-001 | GLC DIRECT CREDIT FUND LP | $1.7B |
WILLIAM BEAUMONT HOSPITALMI · 381459362-001 | STATE STREET GLOBAL ADVISORS | $1.4B |
R. R. DONNELLEY & SONS COMPANYIL · 361004130-003 | GREAT-WEST LIFE & ANNUITY INSURANCE | $1.4B |
Plans lost in 2024
Appeared last year under NORTHERN TRUST COMPANY; not this year.
| Sponsor | To | Assets |
|---|---|---|
METLIFE GROUP, INC.NJ · 550790010-003 | METLIFE LIFE INSURANCE COMPANY | $7.7B |
FIRSTENERGY CORP.OH · 341843785-001 | LEXIS NEXIS | $7.1B |
B/O/T UNITED ASSOCIATION NATIONAL PENSION FUNDVA · 526152779-001 | RIVERBRIDGE PARTNERS | $6.7B |
PARKER HANNIFIN CORPORATIONOH · 340451060-080 | JPMORGAN INVEST HOLDINGS LLC | $3.7B |
OLD REPUBLIC INTERNATIONAL CORP.IL · 362678171-002 | CBIZ RETIREMENT PLAN SERVICES | $1.9B |
NCR CORPORATIONGA · 310387920-052 | FID INV INST OPS CO | $1.9B |
LSC COMMUNICATIONS LLCIL · 853418344-004 | (new plan) | $1.5B |
HUNTON ANDREWS KURTH LLPVA · 540572269-003 | FINANCIAL ENGINES | $1.2B |
BALL CORPORATIONCO · 350160610-001 | PIMCO FUNDS | $951M |
MODERN WOODMEN OF AMERICAIL · 361493430-001 | BLACKROCK | $828M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
WALMART INC.AR · 710415188-003 | $50.8B | 1,970,230 | $968,611 | 10y | - |
TRUSTEES OF CENTRAL STATES, SE AND SW AREAS PENSION FUNDIL · 366044243-001 | $48.2B | 332,020 | $393,305 | 10y | - |
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANYIL · 370533100-001 | $37.7B | 114,467 | $238,174 | 4y | 1 |
EXXON MOBIL CORPORATIONTX · 135409005-334 | $23.7B | 37,812 | $516,433 | 10y | - |
MORGAN STANLEY DOMESTIC HOLDINGS, LLCNY · 208764829-003 | $22.2B | 80,789 | $111,255 | 9y | - |
PFIZER INCNY · 135315170-002 | $22.0B | 57,113 | $94,083 | 10y | - |
THE PROCTER & GAMBLE COMPANYOH · 310411980-002 | $22.0B | 69,403 | $517,816 | 10y | - |
ACCENTURE LLPIL · 720542904-102 | $21.3B | 112,414 | $24,332 | 10y | - |
CATERPILLAR INC.TX · 370602744-035 | $18.8B | 60,357 | $478,795 | 10y | - |
INTERNATIONAL BUSINESS MACHINES CORPORATIONNY · 130871985-001 | $17.9B | 144,666 | $4M | 2y | - |
Flag exposure
93.9%Market: 89.2%
This provider
Market baseline
Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.
Aliases resolved (85)
Raw Schedule C names collapsed into NORTHERN TRUST COMPANY.
- MM S&P 500 INDEX FD NORTHERN TRUST
- NORHTERN TRUST COMPANY
- NORTHEN TRUST COMPANY
- NORTHER TRUST COMPANY
- NORTHERN FUND
- NORTHERN TRUST
- NORTHERN TRUST ASSET MANAGEMENT
- NORTHERN TRUST ASSET MANAGEMENT GRO
- NORTHERN TRUST BANK
- NORTHERN TRUST BROKERAGE INST
- NORTHERN TRUST CAPITAL MANAGEMENT
- NORTHERN TRUST CAPITAL STRATEGIES
- NORTHERN TRUST CO
- NORTHERN TRUST CO OF CONNECTICUT
- NORTHERN TRUST CO.
- NORTHERN TRUST CO. CONNECTICUT
- NORTHERN TRUST CO. OF CONNECTICUT
- NORTHERN TRUST CO.,
- NORTHERN TRUST COLLECTIVE EAFE INDE
- NORTHERN TRUST COLLECTIVE INVST TR
- NORTHERN TRUST COMPANY
- NORTHERN TRUST COMPANY INC
- NORTHERN TRUST COMPANY THE
- NORTHERN TRUST COMPANY, INC
- NORTHERN TRUST COMPANY, T
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /retirement size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for NORTHERN TRUST COMPANY's book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
| Flag | Plans flagged | Provider % | Market % | Delta |
|---|---|---|---|---|
| Recently terminated | 14 | 2.07% | 7.76% | -5.69 pp |
| Fidelity bond gap | 2 | 0.30% | 26.94% | -26.64 pp |
| Late contributions | 11 | 1.63% | 1.71% | -0.08 pp |
| Failed to provide benefit | 4 | 0.59% | 0.14% | +0.45 pp |
| Corrective distributions | 24 | 3.56% | 1.76% | +1.80 pp |
| Loss discovered | 1 | 0.15% | 0.00% | +0.15 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with NORTHERN TRUST COMPANY. Compare to the incumbent market share (1.0%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-1.0 pp vs incumbent
Geographic penetration index
(Provider plans in state / state plans) divided by the provider's overall share of the market. Index 1.00 = average; > 1 = over-indexed (winning more than their fair share); < 1 = under-indexed (white space).