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

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202323,181H, C20241008133908NAL0008416179001

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)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$932,757$02023
Grant Thornton LlpACCOUNTANT$85,000not reported in the loaded dataset2023
Faegre Drinker BiddleLEGAL$22,637not reported in the loaded dataset2023
Curcio WebbINVESTMENT ADVISORY$17,599not reported in the loaded dataset2023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages