Other
2022 plan-year Other DOL Form 5500

ABB INC. CASH BALANCE PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

ABB INC.

This Other plan holds $494M in total assets and serves 1,535 participants as of 2022. It is sponsored by ABB INC. in North Carolina. The plan reported a net loss of $128M for the year.

Total Assets (2023)
$494M
Participants
1,535
Industry
Manufacturing

What the Filing Says About ABB INC. CASH BALANCE PENSION PLAN

ABB INC. CASH BALANCE PENSION PLAN is a Other retirement plan sponsored by ABB INC., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $494M in total end-of-year assets and covers 1,535 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 363100018, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $623M at the beginning of 2022 to $494M at year-end — a decline of 20.6%. Net assets (after liabilities) closed the year at $494M, with reported net income of $-128,265,375 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$623M
Total Assets (End of Year)$494M
Net Assets (End of Year)$494M
Net Income$-128,265,375
Plan TypeOther
Employer EIN363100018
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (ABB INC.)

Year Plans Participants Total Assets
2022 4 15,533 $3.2B
2023 4 15,558 $3.7B
2024 2 13,566 $3.3B

Nearby Other Plans in North Carolina

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the ABB INC. CASH BALANCE PENSION PLAN?
As of the 2022 Form 5500 filing, ABB INC. CASH BALANCE PENSION PLAN holds $494M in total assets with 1,535 participants. It is sponsored by ABB INC..
What type of plan is ABB INC. CASH BALANCE PENSION PLAN?
ABB INC. CASH BALANCE PENSION PLAN is a Other plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 363100018.
Who sponsors the ABB INC. CASH BALANCE PENSION PLAN?
ABB INC. CASH BALANCE PENSION PLAN is sponsored by ABB INC., located in North Carolina. The sponsor's EIN is 363100018 and the plan operates in the Manufacturing industry.
How did ABB INC. CASH BALANCE PENSION PLAN perform in 2022?
ABB INC. CASH BALANCE PENSION PLAN declined by 20.6% during 2022, moving from $623M to $494M in total assets. Net income was $-128,265,375.
Where can I find official filings for ABB INC. CASH BALANCE PENSION PLAN?
Official Form 5500 filings for ABB INC. CASH BALANCE PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 363100018 or plan name at efast.dol.gov.
How does ABB INC. CASH BALANCE PENSION PLAN compare to other plans?
You can compare ABB INC. CASH BALANCE PENSION PLAN against other Other plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 363100018.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.