Defined Benefit (Pension) · DOL Form 5500 · 2023

Abbvie Inc. Pension Plan

Data updated 2026-08-25

$4.4B
Total assets Very large vs avg
14,619
Participants Very large workforce
100th
Percentile by assets National rank
$303,216
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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

$4.4B in assets, 14,619 participants

Abbvie Inc.'s Abbvie Pension Plan reported $4.4B in total assets and 14,619 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.

  • #18,605 in Manufacturing (18,722 peers)

Coverage in Illinois

Abbvie Pension Plan covers 14,619 participants in Illinois, 19x the typical Illinois plan (state average ~779 per filing). Assets: $4.4B.

#18,605
in Manufacturing (18,722 peers)
+21.5%
assets growth YoY
44×
vs typical plan assets (national mean)

Abbvie Pension Plan's outsized position by total assets

Abbvie Pension Plan vs every filed plan by assets

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

$4,432,719,187 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 Pension 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 Pension Plan is a mega filing (14,619 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abbvie Pension Plan reported net income rose from -$655M in the plan year 2022 filing to $785M in the plan year 2023 filing.
  • Abbvie Pension Plan end-of-year assets rose from $3.6B in the plan year 2022 filing to $4.4B in the plan year 2023 filing.
  • Abbvie Pension Plan reported participants fell from 16,037 in the plan year 2022 filing to 14,619 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 320375147 · Abbvie Inc. PY 2023 · Defined Benefit (Pension)

Abbvie Pension Plan · $4.4B · 14,619 · 100th

  • EOY $4.4B
  • EOY 14,619
  • EOY 100th
  • EOY Defined Benefit (Pension)
  • EOY near Westrock Company Consolidated Pension Plan
  • EOY ind #18605

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 Pension Plan in the asset neighbourhood

American Electric Power System Retirement PlanAmerican Electric Power Syst…$4.5BAbbvie Pension Plan$4.4BWestrock Company Consolidated Pension PlanWestrock Company Consolidate…$4.4BMarsh & Mclennan Companies Retirement PlanMarsh & Mclennan Companies R…$4.4BPension Plan for Salaried Employees of Union Pacific Corporation & AffiliatesPension Plan for Salaried Em…$4.4B
End-of-year total assets ($B) among Abbvie Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$3.6B
Net Assets (End of Year)$4.4B
Net Income$785M
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 Defined Benefit (Pension) Plans in Illinois

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

Abbvie Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 100002000030000400005000060000 0102030405060 Total assets ($B) Participants Abbvie Pension Plan, Total assets ($B): 4.432719187 · Participants: 14619Abbvie 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
Abbvie Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Scale composition for Abbvie Pension Plan

Abbvie Pension Plan reports $4.4B in end-of-year assets across 14,619 participants (0.036% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $303,216 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $785M.

This plan identity (EIN 320375147, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $5.0B (+38.3%) while covered participants moved from 16,037 to 13,656 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,037 $3.6B Open filing
2023 14,619 $4.4B This page
2024 · index core 13,656 $5.0B Open filing

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

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

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Westrock Company Consolidated Pension Plan in GA ($4.4B); by covered participants it is Bakery & Confectionery Union & Industry International Pension Fund in MD (14,666 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14,619 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 Pension Plan assets move in 2023?
Abbvie Pension Plan grew sharply - up 21.5% during 2023, from $3.6B to $4.4B. Reported net income was $785M.
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 Pension Plan rank by assets among Form 5500 filers?
Abbvie 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 Abbvie Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Westrock Company Consolidated Pension Plan in GA ($4.4B, 11,262 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Abbvie Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bakery & Confectionery Union & Industry International Pension Fund in MD (14,666 participants, $3.4B in assets).