Abb Inc. Retirement Savings Plan — Form 5500 plan (Abb Inc.)
Plain-English plan 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, Abb Inc. Retirement Savings Plan is a benefit plan reported by Abb Inc. under EIN 36-3100018 and plan number 302. The latest loaded filing year is 2023. The filing reports 23,181 participants and $2,931,531,813 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Abb Inc.
- EIN
- 36-3100018
- Plan number
- 302
- Plan type
- 2
- Location
- Cary, NC
- Latest filing year
- 2023
- Participants
- 23,181
- End-of-year plan assets
- $2,931,531,813
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 23,181 | H, C | 20241008133908NAL0008416179001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,931,531,813
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,931,531,813
- Net assets (BOY)
- $2,539,680,859
Income & contributions
- Employer contributions
- $105,983,238
- Participant contributions
- $103,623,855
- Total contributions
- $235,248,016
- Total income / additions
- $682,085,356
Expenses & distributions
- Benefits paid
- $288,721,189
- Administrative expenses
- $1,057,993
- Total expenses
- $290,239,292
- Net increase / (decrease)
- $391,846,064
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $932,757 | $0 | 2023 |
| Grant Thornton Llp | ACCOUNTANT | $85,000 | not reported in the loaded dataset | 2023 |
| Faegre Drinker Biddle | LEGAL | $22,637 | not reported in the loaded dataset | 2023 |
| Curcio Webb | INVESTMENT ADVISORY | $17,599 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Abb Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Cary, NC
- Principal Life Insurance Company — Schedule C compensation
- Grant Thornton Llp — Schedule C compensation
- Faegre Drinker Biddle — Schedule C compensation
- Curcio Webb — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation