Defined Benefit (Pension) · DOL Form 5500 · 2023

Abbott Laboratories Pension Plan

Data updated 2026-08-25

$4.0B
Total assets Very large vs avg
172
Participants Small participant base
100th
Percentile by assets National rank
$23.5M
Avg per participant High balance/head
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Official DOL plan name: Abbott - Abbvie Multiple Employer Pension Plan · Sponsored by Abbott Laboratories · Illinois · Manufacturing

$4.0B in assets, 172 participants

Abbott Laboratories's Abbott - Abbvie Multiple Employer Pension Plan reported $4.0B in total assets and 172 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,592 in Manufacturing (18,722 peers)

Coverage in Illinois

Abbott - Abbvie Multiple Employer Pension Plan covers 172 participants in Illinois, about 22% of the average Illinois filer (state average ~779 per filing). Assets: $4.0B.

#18,592
in Manufacturing (18,722 peers)
+9.1%
assets growth YoY
41×
vs typical plan assets (national mean)

Abbott - Abbvie Multiple Employer Pension Plan's outsized position by total assets

Abbott - Abbvie Multiple Employer Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,046,664,080 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Abbott - Abbvie Multiple Employer Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Abbott - Abbvie Multiple Employer Pension Plan sits mid-pack in the medium band (172 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abbott - Abbvie Multiple Employer Pension Plan reported net income rose from -$810M in the plan year 2022 filing to $348M in the plan year 2023 filing.
  • Abbott - Abbvie Multiple Employer Pension Plan reported participants fell from 258 in the plan year 2022 filing to 172 in the plan year 2023 filing.
  • Abbott - Abbvie Multiple Employer Pension Plan end-of-year assets rose from $3.7B in the plan year 2022 filing to $4.0B in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 360698440 · Abbott Laboratories PY 2023 · Defined Benefit (Pension)

Abbott - Abbvie Multiple Employer Pension Plan · $4.0B · 172 · 100th

  • EIN $4.0B
  • EIN 172
  • EIN 100th
  • EIN Defined Benefit (Pension)
  • EIN near Duke Energy Retirement Cash Balance Plan
  • EIN ind #18592

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Abbott - Abbvie Multiple Employer Pension Plan in the asset neighbourhood

New York Life Insurance Company Pension PlanNew York Life Insurance Comp…$4.1BFca US LLC Pension Plan$4.1BDisney Salaried Pension Plan aDisney Salaried Pension Plan…$4.1BAbbott - Abbvie Multiple Employer Pension PlanAbbott - Abbvie Multiple Emp…$4.0BDuke Energy Retirement Cash Balance PlanDuke Energy Retirement Cash …$4.0B
End-of-year total assets ($B) among Abbott - Abbvie Multiple Employer Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$3.7B
Net Assets (End of Year)$4.0B
Net Income$348M
Employer EIN360698440
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Abbott Laboratories)

Sponsor-wide plan assets over time

All Abbott Laboratories plans reported in each filing year

Latest sponsor-wide plan assets
$28.6B 19.999545508889234% vs 2022
2024 filing year
$22B$24B$26B$28B$30B 202220232024 $23.8B $28.6B ▲ +20.0%
Year Plans Participants Total Assets
2022 3 53,203 $23.8B
2023 3 55,566 $26.4B
2024 3 56,272 $28.6B

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Abbott - Abbvie Multiple Employer Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 0204060 Total assets ($B) Participants Abbott - Abbvie Multiple Employer Pension Plan, Total assets ($B): 4.04666408 · Participants: 172Abbott - Abbvie Multiple Employer Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Abbott - Abbvie Multiple Employer Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Abbott - Abbvie Multiple Employer Pension Plan side-by-side with 3 peers →

Abbott - Abbvie Multiple Employer Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Duke Energy Retirement Cash Balance Plan in NC ($4.0B); by covered participants it is Berwind Corporation Employees' Retirement Plan in PA (172 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (172 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Abbott - Abbvie Multiple Employer Pension Plan assets move in 2023? ▼
Abbott - Abbvie Multiple Employer Pension Plan grew at a solid clip - up 9.1% during 2023, from $3.7B to $4.0B. Reported net income was $348M.
How have Abbott Laboratories plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Abbott Laboratories's sponsor-wide assets grew 20.0%, from $23.8B to $28.6B.
Where does Abbott - Abbvie Multiple Employer Pension Plan rank by assets among Form 5500 filers? ▼
Abbott - Abbvie Multiple Employer Pension Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Abbott - Abbvie Multiple Employer Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Duke Energy Retirement Cash Balance Plan in NC ($4.0B, 14,485 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Abbott - Abbvie Multiple Employer Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Berwind Corporation Employees' Retirement Plan in PA (172 participants, $100M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 360698440.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.