The Northern Trust Company
77
Plan:
The Northern Trust Company Thrift-Incentive Plan
41
70
88
0
10
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70
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100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (77) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $60,400 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
The Northern Trust Company Thrift-Incentive Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. The Northern Trust Company Thrift-Incentive Plan currently has over 11,700 active participants and over $1.5B in plan assets.
Retirement Plan Details
| Address |
50 S Lasalle St
Chicago, IL 60603 |
| Industry | Commercial Banking |
| Administrator | Kimberly Soppi |
| Net Plan Assets | $1,510,000,000 |
| Total Participants | 12,000 |
| Avg Account Balance | $130,000 |
Compare Other Companies in Peer Group
| KeyCorp | 76.7 |
| Comerica | 74.8 |
| Citizens Financial Group | 74.3 |
| Union Bank, N.A. | 73.2 |
| Fifth Third Bank | 72.2 |
| Bank of America | 47.9 |
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