Defined Benefit (Pension) · DOL Form 5500 · 2023

Abb Inc. Pension Plan

Data updated 2026-08-25

N/A
Total assets
1,335
Participants Near avg headcount
PlainRetire home → About this data RSS: change history

Official DOL plan name: Abb Inc. Cash Balance Pension Plan · Sponsored by Abb Inc. · North Carolina · Manufacturing

N/A in assets, 1,335 participants

Abb Inc.'s Abb Inc. Cash Balance Pension Plan reported N/A in total assets and 1,335 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

What the 2023 filing shows

Abb Inc. Cash Balance Pension Plan holds N/A for 1,335 participants.

$16M
reported net income

Abb Inc. Cash Balance Pension Plan's large-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. Cash Balance Pension Plan lands in the large band (1,335 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abb Inc. Cash Balance Pension Plan reported net income rose from -$128M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Abb Inc. Cash Balance Pension Plan reported participants fell from 1,535 in the plan year 2022 filing to 1,335 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 363100018 · Abb Inc. PY 2023 · Defined Benefit (Pension)

Abb Inc. Cash Balance Pension Plan · N/A · 1,335

  • SCH N/A
  • EBSA 1,335
  • PART PY 2023
  • TYPE Defined Benefit (Pension)
  • NET near St. Clair Hospital Retirement Plan
  • BOOK $16M

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 →

Filing particulars (2023)

Total Assets (Beginning of Year)$494M
Net Assets (End of Year)N/A
Net Income$16M
Employer EIN363100018
Plan Effective Date1992-01-01
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 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 Scatter plot of 5 data points. -1000001000020000300004000050000 05101520 Total assets ($B) Participants Honeywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Abb Inc. Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Abb Inc. Cash Balance Pension Plan's closest out-of-state Defined Benefit (Pension) peers by headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by covered participants is St. Clair Hospital Retirement Plan in PA (1,339 participants; this filing: 1,335 participants).

Similar participant headcount

Nearest other-state filings by covered participants (1,335 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 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.
Which Defined Benefit (Pension) plans cover a similar participant headcount to Abb Inc. Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is St. Clair Hospital Retirement Plan in PA (1,339 participants, $190M in assets).