Employer · plans filed under one EIN
Abb Inc.
Cary, NC · Manufacturing
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Abb Inc., based in Cary, North Carolina, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 21,498 participant records and $3.33B in net assets.
The largest is Abb Inc. Retirement Savings Plan, a 401(k) plan with 20,633 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $111M and participant contributions $110M in the latest plan years; benefits paid were $330M. Schedule C compensation reported to service provider organisations totalled $1.1M.
Combined net assets moved from $1.39B in 2009 to $3.33B in 2024 (up 139%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Abb Inc. Retirement Savings Plan | 401(k) plan | 2024 | 20,633 | $3.30B | $159,732 | $7,850 | $913K |
| Abb Inc. Pension Plan of Fischer & Porter Company | defined benefit pension plan | 2024 | 865 | $31.6M | $36,543 | — | $205K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 21,498 | $3.33B | $111M | $110M |
| 2023 | 2 | 21,295 | $2.97B | $106M | $104M |
| 2022 | 2 | 22,046 | $2.57B | $90.7M | $99.0M |
| 2021 | 2 | 22,464 | $3.17B | $102M | $100M |
| 2020 | 2 | 33,819 | $2.94B | $99.4M | $104M |
| 2019 | 2 | 35,544 | $3.44B | $130M | $130M |
| 2018 | 2 | 36,140 | $2.94B | $115M | $113M |
| 2017 | 2 | 13,780 | $2.07B | $63.3M | $67.4M |
| 2016 | 2 | 13,496 | $1.82B | $64.3M | $70.5M |
| 2015 | 2 | 13,894 | $1.72B | $64.9M | $68.6M |
| 2014 | 2 | 13,699 | $1.77B | $61.0M | $66.4M |
| 2013 | 2 | 15,970 | $1.81B | $57.4M | $67.7M |
| 2012 | 2 | 15,863 | $1.58B | $51.8M | $60.0M |
| 2011 | 2 | 16,104 | $1.44B | $16.4M | $55.7M |
| 2010 | 2 | 14,888 | $1.45B | $14.7M | $51.5M |
| 2009 | 2 | 15,819 | $1.39B | $13.8M | $52.5M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Principal Life Insurance Company | Contract Administrator; Participant loan processing | 1 | $819,343 |
| Grant Thornton LLP | Accounting (including auditing) | 2 | $108,665 |
| Alight Solutions LLC | Contract Administrator | 1 | $58,834 |
| Wellington Trust Company N.A. | Investment advisory (plan) | 1 | $41,359 |
| Willis Towers Watson US | Contract Administrator; Actuarial; Consulting (pension) | 2 | $33,947 |
| Muzinich & Co., Inc. | Investment advisory (plan); Investment management | 1 | $16,664 |
| Abb Business Services | Investment advisory (plan) | 1 | $15,458 |
| Dodge & Cox | Investment advisory (plan); Investment management | 1 | $10,433 |
| Neuberger Berman Inv. Advisors LLC | Investment advisory (plan); Investment management | 1 | $6,999 |
| The Bank of New York Mellon | Trustee (bank, trust company, or similar financial institution) | 1 | $5,768 |
| Morningstar Investment Management L | Investment advisory (participants) | 1 | $0 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Abb Inc. have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Abb Inc. Retirement Savings Plan and Abb Inc. Pension Plan of Fischer & Porter Company. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Abb Inc. contribute to its plans?
$110,643,839 in employer contributions across these plans in their latest plan years, about $7,846 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Principal Life Insurance Company, Grant Thornton LLP, Alight Solutions LLC and Wellington Trust Company N.A. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.