Defined Benefit (Pension) · DOL Form 5500 · 2023

Abbvie Inc. Pension Plan

Data updated 2026-08-25

$422M
Total assets Above avg plan size
470
Participants Below avg headcount
97th
Percentile by assets National rank
$896,868
Avg per participant High balance/head
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Official DOL plan name: Abbvie Pension Plan for Former Basf and Former Solvay Employees · Sponsored by Abbvie Inc. · Illinois · Manufacturing

$422M in assets, 470 participants

Abbvie Inc.'s Abbvie Pension Plan for Former Basf and Former Solvay Employees reported $422M in total assets and 470 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,831 in Manufacturing (18,722 peers)

Where Abbvie Pension Plan for Former Basf and Former Solvay Employees sits by assets

Abbvie Pension Plan for Former Basf and Former Solvay Employees sits in the top 5% of all filed plans by assets, $422M for 470 participants (~$896,868/participant), up 10.8% in 2023.

#17,831
in Manufacturing (18,722 peers)
+10.8%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Abbvie Pension Plan for Former Basf and Former Solvay Employees's outsized position by total assets

Abbvie Pension Plan for Former Basf and Former Solvay Employees vs every filed plan by assets

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

$421,528,120 Top 3% higher than 97% 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 for Former Basf and Former Solvay Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Abbvie Pension Plan for Former Basf and Former Solvay Employees sits mid-pack in the medium band (470 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abbvie Pension Plan for Former Basf and Former Solvay Employees reported net income rose from -$27M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Abbvie Pension Plan for Former Basf and Former Solvay Employees end-of-year assets rose from $380M in the plan year 2022 filing to $422M in the plan year 2023 filing.
  • Abbvie Pension Plan for Former Basf and Former Solvay Employees reported participants fell from 507 in the plan year 2022 filing to 470 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

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

Abbvie Pension Plan for Former Basf and Former Solvay Employees · $422M · 470 · 97th

  • VS-ST $422M
  • BOY 470
  • SCH 97th
  • EBSA Defined Benefit (Pension)
  • PART near Cargill, Inc. and Associated Companies Pension Plan for Union Represented Hourly Wage Employees
  • TYPE ind #17831

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 for Former Basf and Former Solvay Employees in the asset neighbourhood

International Longshoremen's Association AFL-CIO Employers Pension FundInternational Longshoremen's…$422MEntergy Corporation Retirement Plan II for Non-Bargaining EmployeesEntergy Corporation Retireme…$422MCargill, Inc. and Associated Companies Pension Plan for Union Represented Hourly Wage EmployeesCargill, Inc. and Associated…$422MAbbvie Pension Plan for Former Basf and Former Solvay EmployeesAbbvie Pension Plan for Form…$422M21st Century Fox America Retirement Plan21st Century Fox America Ret…$421M
End-of-year total assets ($M) among Abbvie Pension Plan for Former Basf and Former Solvay Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$380M
Net Assets (End of Year)$422M
Net Income$41M
Employer EIN320375147
Plan Effective Date2001-03-02
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 for Former Basf and Former Solvay Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Abbvie Pension Plan for Former Basf and Former Solvay Employees, Total assets ($B): 0.42152812 · Participants: 470Abbvie Pension Plan for Former Basf and Former Solvay EmployeesCentral 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 for Former Basf and Former Solvay Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Abbvie Pension Plan for Former Basf and Former Solvay Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Cargill, Inc. and Associated Companies Pension Plan for Union Represented Hourly Wage Employees in MN ($422M); by covered participants it is Intrust Financial Corporation Employees' Retirement Plan in KS (470 participants). Same-state nearby plans are listed separately above.

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 for Former Basf and Former Solvay Employees assets move in 2023?
Abbvie Pension Plan for Former Basf and Former Solvay Employees grew at a solid clip - up 10.8% during 2023, from $380M to $422M. Reported net income was $41M.
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 for Former Basf and Former Solvay Employees rank by assets among Form 5500 filers?
Abbvie Pension Plan for Former Basf and Former Solvay Employees ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Abbvie Pension Plan for Former Basf and Former Solvay Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cargill, Inc. and Associated Companies Pension Plan for Union Represented Hourly Wage Employees in MN ($422M, 182 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Abbvie Pension Plan for Former Basf and Former Solvay Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Intrust Financial Corporation Employees' Retirement Plan in KS (470 participants, $85M in assets).