401(k) · DOL Form 5500 · 2023

Abb Inc. 401(k) Plan

Data updated 2026-08-25

$2.9B
Total assets Very large vs avg
13,587
Participants Very large workforce
100th
Percentile by assets National rank
$215,760
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Abb Inc. Retirement Savings Plan · Sponsored by Abb Inc. · North Carolina · Manufacturing

$2.9B in assets, 13,587 participants

Abb Inc.'s Abb Inc. Retirement Savings Plan reported $2.9B in total assets and 13,587 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.

  • #18,549 in Manufacturing (18,722 peers)

Coverage in North Carolina

Abb Inc. Retirement Savings Plan covers 13,587 participants in North Carolina, 17x the typical North Carolina plan (state average ~819 per filing). Assets: $2.9B.

#18,549
in Manufacturing (18,722 peers)
+15.4%
assets growth YoY
29×
vs typical plan assets (national mean)

Abb Inc. Retirement Savings Plan's outsized position by total assets

Abb Inc. Retirement Savings Plan vs every filed plan by assets

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

$2,931,531,813 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

Abb Inc. Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Abb Inc. Retirement Savings Plan is a mega filing (13,587 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abb Inc. Retirement Savings Plan reported net income rose from -$579M in the plan year 2022 filing to $392M in the plan year 2023 filing.
  • Abb Inc. Retirement Savings Plan end-of-year assets rose from $2.5B in the plan year 2022 filing to $2.9B in the plan year 2023 filing.
  • Abb Inc. Retirement Savings Plan reported participants rose from 13,390 in the plan year 2022 filing to 13,587 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 363100018 · Abb Inc. PY 2023 · 401(k)

Abb Inc. Retirement Savings Plan · $2.9B · 13,587 · 100th

  • BOOK $2.9B
  • BOOK 13,587
  • BOOK 100th
  • BOOK 401(k)
  • BOOK near Cfg Retirement Savings Plan
  • BOOK ind #18549

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 North Carolina →

Abb Inc. Retirement Savings Plan in the asset neighbourhood

Inova Health System Retirement Savings PlanInova Health System Retireme…$2.9BThe Hy-Vee and Affiliates 401(k) PlanThe Hy-Vee and Affiliates 40…$2.9BAbb Inc. Retirement Savings PlanAbb Inc. Retirement Savings …$2.9BCfg Retirement Savings Plan$2.9BThe Caci Smart Plan$2.9B
End-of-year total assets ($B) among Abb Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.9B
Net Income$392M
Employer EIN363100018
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Abb Inc.)

Sponsor-wide plan assets over time

All Abb Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3.3B 2.961967988318458% vs 2022
2024 filing year
$3B$3.2B$3.4B$3.6B$3.8B 202220232024 $3.23B $3.33B ▲ +3.1%
Year Plans Participants Total Assets
2022 4 15,533 $3.2B
2023 4 15,558 $3.7B
2024 2 13,566 $3.3B

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Abb Inc. Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 0204060 Total assets ($B) Participants Abb Inc. Retirement Savings Plan, Total assets ($B): 2.931531813 · Participants: 13587Abb Inc. Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Abb Inc. Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scale composition for Abb Inc. Retirement Savings Plan

Abb Inc. Retirement Savings Plan reports $2.9B in end-of-year assets across 13,587 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $215,760 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2023 was $392M.

This plan identity (EIN 363100018, plan #302) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $3.3B (+29.8%) while covered participants moved from 13,390 to 13,559 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,390 $2.5B Open filing
2023 13,587 $2.9B This page
2024 · index core 13,559 $3.3B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Abb Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Cfg Retirement Savings Plan in RI ($2.9B); by covered participants it is Corning Incorporated Investment Plan in NY (13,574 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,587 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 Abb Inc. Retirement Savings Plan assets move in 2023? ▼
Abb Inc. Retirement Savings Plan grew sharply - up 15.4% during 2023, from $2.5B to $2.9B. Reported net income was $392M.
How have Abb Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Abb Inc.'s sponsor-wide assets grew 3.0%, from $3.2B to $3.3B.
Where does Abb Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Abb Inc. Retirement Savings 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 401(k) plans are similar in size to Abb Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cfg Retirement Savings Plan in RI ($2.9B, 19,047 participants).
Which 401(k) plans cover a similar participant headcount to Abb Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Corning Incorporated Investment Plan in NY (13,574 participants, $3.8B in assets).