Retirement plan

THE NORTHERN TRUST COMPANY THRIFT-INCENTIVE PLAN

Name: THE NORTHERN TRUST COMPANY - THE NORTHERN TRUST COMPANY THRIFT-INCENTIVE PLAN (2017) Form 5500
Creator: THE NORTHERN TRUST COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NORTHERN TRUST COMPANY THRIFT-INCENTIVE PLAN, THE NORTHERN TRUST COMPANY

THE NORTHERN TRUST COMPANYEIN 36-1561860Plan #002PY 2017

50 S LASALLE ST., M-6 - CHICAGO, IL 60603312-630-6000fxbex.comLinkedIn1-10 employeesfinancial services

Other plans on this EIN

1 filing

#001Retirement-$1.57B assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 4, 1990

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$2297.9M

+14.6% from 2016

Total participants

12,210

-4.0% from 2016

Average account balance

$192,034

+11.1% from 2016

Annual return

17.06%

+4.74 pp from 2016

Benchmarks

See 87 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants5,000-9,999

Cohort87 peers

Snapshot2017

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.76B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$259K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

14,535

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.80%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$96

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: THE PRUDENTIAL TRUST COMPANY Service code 28 · EIN 23-6994310	Investment Management	$502,084
LPL FINANCIAL1 year Filed as: WADDELL & REED INV. MGMT CO. Service code 28 · EIN 48-1106973	Investment Management	$445,973
AON CONSULTING3+ years Filed as: AON HEWITT FINANCIAL ADVISORS, LLC Service code 26 · EIN 35-2421957	Advisory (Participants)	$430,182
FINANCIAL ENGINES1 year Service code 27 · EIN 77-0473565	Advisory (Plan)	$309,745
INVESCO3+ years Filed as: INVESCO CAPITAL MANAGEMENT Service code 28 · EIN 58-1707262	Investment Management	$266,232
HEWITT ASSOCIATES LLC1 year Service code 15 · EIN 36-2235791	Recordkeeping	$74,400
FID INV INST OPS CO1 year Service code 15 · EIN 04-2647786	Recordkeeping	$50,150
GEORGE JOHNSON & COMPANY1 year Service code 10 · EIN 27-0475249	Accounting	$18,895

Plan features & details

Pension benefit codes2E2F2J2K2S2T3H2O

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2.0M

$217 / participant

Investment mgmt$2M100.0%

% of EOY assets

0.089%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: GEORGE JOHNSON & COMPANY
Auditor EIN: 270475249
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$192,034

$96,400+99.2%

$149,718+28.3%

$177,276+8.3%

Participation rate

97.4%

88.9%+8.5pp

87.1%+10.3pp

74.8%+22.6pp

Annual return

17.06%

19.02%-2.0pp

1501.63%-1484.6pp

21.25%-4.2pp

Employer contribution / active EE

$2,466

$3,680-33.0%

$5,445-54.7%

$2,479-0.5%

Participant deferral / active EE

$9,014

$5,510+63.6%

$6,569+37.2%

$3,881+132.3%

Admin fee / account holder

$171

$69+146.5%

$11,283-98.5%

$154+10.9%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: THE PRUDENTIAL TRUST COMPANY

Service code 28 · EIN 23-6994310

Investment Management

$502,084

LPL FINANCIAL1 year

Filed as: WADDELL & REED INV. MGMT CO.

Service code 28 · EIN 48-1106973

Investment Management

$445,973

AON CONSULTING3+ years

Filed as: AON HEWITT FINANCIAL ADVISORS, LLC

Service code 26 · EIN 35-2421957

Advisory (Participants)

$430,182

FINANCIAL ENGINES1 year

Service code 27 · EIN 77-0473565

Advisory (Plan)

$309,745

INVESCO3+ years

Filed as: INVESCO CAPITAL MANAGEMENT

Service code 28 · EIN 58-1707262

Investment Management

$266,232

HEWITT ASSOCIATES LLC1 year

Service code 15 · EIN 36-2235791

Recordkeeping

$74,400

FID INV INST OPS CO1 year

Service code 15 · EIN 04-2647786

Recordkeeping

$50,150

GEORGE JOHNSON & COMPANY1 year

Service code 10 · EIN 27-0475249

Accounting

$18,895

THE NORTHERN TRUST COMPANY THRIFT-INCENTIVE PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE NORTHERN TRUST COMPANY THRIFT-INCENTIVE PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion