401(k) · DOL Form 5500 · 2023
Abb Inc. 401(k) Plan
Data updated 2026-08-06
- $2.9B
- Total assets
- 13,587
- Participants
- 100th
- Percentile by assets
- $215,760
- Avg per participant
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.
- 100th percentile by assets (of 126,618 plans)
- #18,499 in Manufacturing (18,672 peers)
Coverage in North Carolina
Abb Inc. Retirement Savings Plan covers 13,587 participants in North Carolina, 16x the typical North Carolina plan (state average ~846 per filing). Assets: $2.9B.
- $2.9B
- total plan assets (2023 EOY)
- 13,587
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $215,760
- avg assets per participant
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.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 846 participants across 3,325 plans. Abb Inc. Retirement Savings Plan reports 13,587 participants - 16x that state average ($2.9B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $2.9B |
| Net Income | $392M |
| Employer EIN | 363100018 |
| Plan Effective Date | 1991-01-01 |
| 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 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
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
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 (0.025% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 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 (401(k), $3.3B, 13,559 participants)
- Abb Inc. Merged Pension Plan (Defined Benefit (Pension), $698M, 626 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Abb Inc. Retirement Savings Plan by total assets, not by location.
- Cfg Retirement Savings Plan (RI) $2.9B · 19,047
- The Caci Smart Plan (VA) $2.9B · 19,243
- Inova Health System Retirement Savings Plan (VA) $2.9B · 19,635
- The Hy-Vee and Affiliates 401(k) Plan (IA) $2.9B · 56,181
Frequently Asked Questions
How did Abb Inc. Retirement Savings Plan assets move in 2023? ▼
How have Abb Inc. plan assets changed over time? ▼
Where does Abb Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Abb Inc. Retirement Savings Plan
Filing takeaways
Ways to act on Abb Inc. Retirement Savings Plan's numbers.
- By total assets, Abb Inc. Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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