The Northern Trust Company
Overview
The Northern Trust Company sponsors a self-funded health plan that covered 9,851 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 9,851 · prior year 9,735
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- The Northern Trust Company Employee Welfare Benefit Plan, plan 502 (9,851 participants); The Northern Trust Company Retiree Medical Care Plan, plan 506 (255 participants)
- Stop-loss carrier
- Sun Life Assurance Company of Canada
- Broker compensation
- $722K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Life Insurance Company of North America | Business Travel Accident, Life, AD&D 24 Hour | 13,460 | $4.5M | $203K |
| Hartford Life and Accident | Long-term disability | 10,128 | $3.4M | $59K |
| Metropolitan Life Insurance Company | Medical | 4,886 | $1.8M | $419K |
| Vision Service Plan | Vision | 15,264 | $1.4M | — |
| Aetna Life Insurance Company | Dental | 3,468 | $1.4M | — |
| Cigna Health and Life Insurance Company | Medical, Dental, MBA Coverage | 45 | $563K | — |
| Sun Life Assurance Company of Canada | Stop-loss | 8,627 | $523K | — |
| Optum Health Solutions (UK) Limited | EAP | 23,879 | $457K | — |
| MetLife Legal Plans | Legal | 1,290 | $304K | $42K |
| Peppy Health Corporation | EAP | 9,490 | $115K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 9,851 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- The Northern Trust Company
- Sponsor EIN
- 36-1561860
- Plan numbers
- 502, 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 36-1561860 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Northern Trust Company Pension Plan
- Type
- Pension plan
- Participants
- 14,677
About this data
Source: The Northern Trust Company's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with The Northern Trust Company.