2023 Form 5500 filing — Abb Inc. Cash Balance Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009170003NAL0010864483001) for Abb Inc. Cash Balance Pension Plan, reported by Abb Inc. under EIN 36-3100018 and plan number 301. It reports 8,021 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009170003NAL0010864483001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Abb Inc.
- EIN
- 36-3100018
- Plan number
- 301
- Location
- Cary, NC
- Participants
- 8,021
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Total income / additions
- $51,790,789
- Benefits paid
- $31,444,772
- Administrative expenses
- $4,170,146
- Total expenses
- $35,614,918
- Net increase / (decrease)
- $16,175,871
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Solutions LLC | NONE | $1,238,414 | not reported in the loaded dataset |
| Wellington Trust Company N.A. | NONE | $472,333 | $0 |
| Willis Towers Watson Us LLC | NONE | $436,384 | not reported in the loaded dataset |
| Muzinich & Co., Inc. | NONE | $272,626 | not reported in the loaded dataset |
| Abb Business Services | PLAN SPONSOR | $224,595 | not reported in the loaded dataset |
| Dodge & Cox | NONE | $207,606 | $0 |
| The Bank Of New York Mellon | NONE | $153,153 | $0 |
| Neuberger Berman Inv. Advisors LLC | NONE | $96,073 | $0 |
| Grant Thornton | NONE | $85,000 | not reported in the loaded dataset |
| Towers Watson Investment Services | NONE | $64,328 | not reported in the loaded dataset |
| Vanguard Investments | NONE | $56,890 | not reported in the loaded dataset |
| Blackrock Inst. Trust Company Na | NONE | $22,746 | not reported in the loaded dataset |
| Fidelity Management | NONE | $18,701 | not reported in the loaded dataset |
| Faegre, Drinker & Biddle Llp | NONE | $15,943 | not reported in the loaded dataset |
| Bloomberg | NONE | $14,994 | not reported in the loaded dataset |