Defined Benefit (Pension) · DOL Form 5500 · 2022
Abb Inc. Pension Plan
Data updated 2026-08-11
- $494M
- Total assets
- 1,535
- Participants
- 98th
- Percentile by assets
- $322,042
- Avg per participant
Official DOL plan name: Abb Inc. Cash Balance Pension Plan · Sponsored by Abb Inc. · North Carolina · Manufacturing
$494M in assets, 1,535 participants
Abb Inc.'s Abb Inc. Cash Balance Pension Plan reported $494M in total assets and 1,535 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 98th percentile by assets (of 139,126 plans)
- #19,866 in Manufacturing (20,602 peers)
Where Abb Inc. Cash Balance Pension Plan sits by assets
Abb Inc. Cash Balance Pension Plan sits in the top 5% of all filed plans by assets, $494M for 1,535 participants (~$322,042/participant), down 20.6% in 2022.
- $494M
- total plan assets (2022 EOY)
- 1,535
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $322,042
- avg assets per participant
The plan reported a net loss of $128M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Abb Inc. Cash Balance Pension Plan vs the 2022 asset distribution
By assets, Abb Inc. Cash Balance Pension Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 5.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $623M |
|---|---|
| Net Assets (End of Year) | $494M |
| Net Income | -$128M |
| Employer EIN | 363100018 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING 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 Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Abb Inc. Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Abb Inc. Cash Balance Pension Plan by total assets, not by location.
- Msa Pension Plan (PA) $494M · 1,445
- Plumbers & Pipefitters Local Unions 502 & 633 Pens (MI) $494M · 1,256
- New Jersey Building Laborers Statewide Pension Fund (NJ) $494M · 2,202
- Bimbo Bakeries USA Consolidated Pension Plan (PA) $495M · 3,339
Frequently Asked Questions
How did Abb Inc. Cash Balance Pension Plan assets move in 2022? ▼
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Where does Abb Inc. Cash Balance Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Abb Inc. Cash Balance Pension Plan
Scale reading
Ways to act on Abb Inc. Cash Balance Pension Plan's numbers.
- By total assets, Abb Inc. Cash Balance Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Abb Inc.'s sponsor-wide assets have grown 3.0% since 2022 across 3 plan years on file. More Manufacturing plans