401(k) · DOL Form 5500 · 2023

Abbvie Inc. 401(k) Plan

Data updated 2026-08-25

$11.7B
Total assets Mega-plan scale
26,300
Participants Very large workforce
100th
Percentile by assets National rank
$445,909
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Abbvie Savings Plan · Sponsored by Abbvie Inc. · Illinois · Manufacturing

$11.7B in assets, 26,300 participants

Abbvie Inc.'s Abbvie Savings Plan reported $11.7B in total assets and 26,300 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.

  • #18,682 in Manufacturing (18,722 peers)

Coverage in Illinois

Abbvie Savings Plan covers 26,300 participants in Illinois, 34x the typical Illinois plan (state average ~779 per filing). Assets: $11.7B.

#18,682
in Manufacturing (18,722 peers)
+13.8%
assets growth YoY
118×
vs typical plan assets (national mean)

Abbvie Savings Plan's outsized position by total assets

Abbvie Savings Plan vs every filed plan by assets

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

$11,727,403,345 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

Abbvie 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. Abbvie Savings Plan is a mega filing (26,300 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abbvie Savings Plan reported net income rose from -$1.4B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
  • Abbvie Savings Plan end-of-year assets rose from $10.3B in the plan year 2022 filing to $11.7B in the plan year 2023 filing.
  • Abbvie Savings Plan reported participants rose from 25,302 in the plan year 2022 filing to 26,300 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 320375147 · Abbvie Inc. PY 2023 · 401(k)

Abbvie Savings Plan · $11.7B · 26,300 · 100th

  • VS-ST $11.7B
  • BOY 26,300
  • SCH 100th
  • EBSA 401(k)
  • PART near Toyota Motor North America, Inc. Retirement Savings Plan
  • TYPE ind #18682

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 →

Abbvie Savings Plan in the asset neighbourhood

3M Voluntary Investment Plan and Employee Stock Ownership Plan3M Voluntary Investment Plan…$12.0BToyota Motor North America, Inc. Retirement Savings PlanToyota Motor North America, …$11.9BAbbvie Savings Plan$11.7BThe Goldman Sachs 401(k) Plan$11.4BSavings Plan for Employees and Partners of PwcSavings Plan for Employees a…$11.3B
End-of-year total assets ($B) among Abbvie Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$10.3B
Net Assets (End of Year)$11.7B
Net Income$1.4B
Employer EIN320375147
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Abbvie Inc.)

Sponsor-wide plan assets over time

All Abbvie Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18.9B 31.670313685335127% vs 2022
2024 filing year
$12B$14B$16B$18B$20B 202220232024 $14.3B $18.9B ▲ +31.7%
Year Plans Participants Total Assets
2022 4 41,846 $14.3B
2023 4 41,400 $16.6B
2024 4 40,886 $18.9B

Nearby 401(k) Plans in Illinois

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

Abbvie Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 1012141618 Total assets ($B) Participants Abbvie Savings Plan, Total assets ($B): 11.727403345 · Participants: 26300Abbvie Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Abbvie Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Abbvie Savings Plan side-by-side with 3 peers →

Scale composition for Abbvie Savings Plan

Abbvie Savings Plan reports $11.7B in end-of-year assets across 26,300 participants (0.095% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $445,909 per participant (3.2x the national average assets-per-participant) . Net income for plan year 2023 was $1.4B.

This plan identity (EIN 320375147, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $10.3B to $13.4B (+29.9%) while covered participants moved from 25,302 to 26,790 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 25,302 $10.3B Open filing
2023 26,300 $11.7B This page
2024 · index core 26,790 $13.4B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Abbvie Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Toyota Motor North America, Inc. Retirement Savings Plan in TX ($11.9B); by covered participants it is McKesson Corporation 401(k) Retirement Savings Plan in TX (26,345 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (26,300 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 Abbvie Savings Plan assets move in 2023? ▼
Abbvie Savings Plan grew at a solid clip - up 13.8% during 2023, from $10.3B to $11.7B. Reported net income was $1.4B.
How have Abbvie Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Abbvie Inc.'s sponsor-wide assets grew 31.7%, from $14.3B to $18.9B.
Where does Abbvie Savings Plan rank by assets among Form 5500 filers? ▼
Abbvie 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 Abbvie Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Toyota Motor North America, Inc. Retirement Savings Plan in TX ($11.9B, 42,788 participants).
Which 401(k) plans cover a similar participant headcount to Abbvie Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is McKesson Corporation 401(k) Retirement Savings Plan in TX (26,345 participants, $5.6B 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 320375147.

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.