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Company:
Abbott Laboratories
Plan:
Abbott Laboratories Stock Retirement Plan
 

Abbott Laboratories

81 Plan:

 
 
81
47
70
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (81) and the top rated plan (89) could equate to:
[How is this calculated?]
6 additional years of work
Up to $26,700 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

 Comments

Retirement Plan Description

Abbott Laboratories Stock Retirement Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Abbott Laboratories Stock Retirement Plan currently has over 44,800 active participants and over $6.0B in plan assets.

 Retirement Plan Details

Address Corporate Benefits, D-589, Ap51
200 Abbott Park Road
Abbott Park, IL 60064-6222 
Industry Manufacturing
Administrator Tim Richmond
Net Plan Assets $6,030,000,000
Total Participants 45,000
Avg Account Balance $130,000

 Compare Other Companies in Peer Group

Novartis Pharmaceuticals 88.2
Bayer 87.4
GlaxoSmithKline LLC 85.8
The Dow Chemical Company 82.9
Pfizer 81.8
Eli Lilly and Company 79.2

 Top 3 Funds in this 401k

1. Abbott Laboratories Common Stock 36%
2. Total Short-Term Investments 10%
3. American Funds Growth Fund of America 8%

  Plan Service Providers

Insurance Carrier Prudential
Insurance Carrier Aegon
Insurance Carrier MetLife
Insurance Carrier Jackson National Life
Insurance Carrier Pacific Life Insurance
Insurance Carrier Hartford
Insurance Carrier Principal Financial Group
Corporate Trustee Mercer
Recordkeeper Mercer
Auditor Grant Thornton LLP

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