2023 Form 5500 filing — Abb Inc. Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241008133908NAL0008416179001) for Abb Inc. Retirement Savings Plan, reported by Abb Inc. under EIN 36-3100018 and plan number 302. It reports 23,181 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008133908NAL0008416179001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Abb Inc.
- EIN
- 36-3100018
- Plan number
- 302
- Location
- Cary, NC
- Participants
- 23,181
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,931,531,813
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,931,531,813
- Employer contributions
- $105,983,238
- Participant contributions
- $103,623,855
- Total income / additions
- $682,085,356
- Benefits paid
- $288,721,189
- Administrative expenses
- $1,057,993
- Total expenses
- $290,239,292
- Net increase / (decrease)
- $391,846,064
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $932,757 | $0 |
| Grant Thornton Llp | ACCOUNTANT | $85,000 | not reported in the loaded dataset |
| Faegre Drinker Biddle | LEGAL | $22,637 | not reported in the loaded dataset |
| Curcio Webb | INVESTMENT ADVISORY | $17,599 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |