Defined Benefit (Pension) · DOL Form 5500 · 2023

Abb Inc. Pension Plan

Data updated 2026-08-25

$698M
Total assets Above avg plan size
626
Participants Below avg headcount
98th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Abb Inc. Merged Pension Plan · Sponsored by Abb Inc. · North Carolina · Manufacturing

$698M in assets, 626 participants

Abb Inc.'s Abb Inc. Merged Pension Plan reported $698M in total assets and 626 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #18,116 in Manufacturing (18,722 peers)

Where Abb Inc. Merged Pension Plan sits by assets

Abb Inc. Merged Pension Plan sits in the top 5% of all filed plans by assets, $698M for 626 participants (~$1.1M/participant), up 329.8% in 2023.

#18,116
in Manufacturing (18,722 peers)
+329.8%
assets growth YoY
7.0×
vs typical plan assets (national mean)

Abb Inc. Merged Pension Plan's outsized position by total assets

Abb Inc. Merged Pension Plan vs every filed plan by assets

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

$698,301,000 Top 2% higher than 98% 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

Abb Inc. Merged Pension Plan 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. Abb Inc. Merged Pension Plan sits mid-pack in the medium band (626 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abb Inc. Merged Pension Plan reported net income rose from -$11M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Abb Inc. Merged Pension Plan end-of-year assets rose from $162M in the plan year 2022 filing to $698M in the plan year 2023 filing.
  • Abb Inc. Merged Pension Plan reported participants rose from 598 in the plan year 2022 filing to 626 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. Merged Pension Plan · $698M · 626 · 98th

  • PART $698M
  • TYPE 626
  • NET 98th
  • BOOK Defined Benefit (Pension)
  • VS-ST near International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan
  • BOY ind #18116

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 →

Abb Inc. Merged Pension Plan in the asset neighbourhood

Hotel Union and Hotel Industry of Hawaii Pension PlanHotel Union and Hotel Indust…$705MCommunity Hospital of the Monterey Peninsula Retirement PlanCommunity Hospital of the Mo…$704MPension Plan for Employees of American Water Works Company, Inc. & Its Designated SubsidiariesPension Plan for Employees o…$703MAbb Inc. Merged Pension Plan$698MInternational Union of Operating Engineers Local Union No. 478, a-C-D-E Pension PlanInternational Union of Opera…$694M
End-of-year total assets ($M) among Abb Inc. Merged Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$162M
Net Assets (End of Year)$698M
Net Income$26M
Employer EIN363100018
Plan Effective Date1968-01-01
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. Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Abb Inc. Merged Pension Plan, Total assets ($B): 0.698301 · Participants: 626Abb Inc. Merged Pension PlanHoneywell 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. Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Abb Inc. Merged Pension Plan side-by-side with 3 peers →

Abb Inc. Merged Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan in CT ($694M); by covered participants it is Baton Rouge Sheet Metal Workers Pension Fund in LA (626 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (626 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 Abb Inc. Merged Pension Plan assets move in 2023? ▼
Abb Inc. Merged Pension Plan surged - up 329.8% during 2023, from $162M to $698M. Reported net income was $26M.
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.
Where does Abb Inc. Merged Pension Plan rank by assets among Form 5500 filers? ▼
Abb Inc. Merged Pension Plan ranks in the 98th 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 Abb Inc. Merged Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan in CT ($694M, 2,316 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Abb Inc. Merged Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Baton Rouge Sheet Metal Workers Pension Fund in LA (626 participants, $50M 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 363100018.

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.