BrightScope Rating
Company:
ABB Inc.
Plan:
Personal Retirement Investment and Savings Management Plan for Employees of ABB Inc.
ABB Inc.
75
Plan:
6
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (75) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $330,000 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.
Plan Description
Personal Retirement Investment and Savings Management Plan for Employees of ABB Inc. is a defined contribution plan with a 401k feature and profit-sharing component. This plan has a BrightScope Rating of 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferrals, Investment Menu Quality, and Account Balances. Personal Retirement Investment and Savings Management Plan for Employees of ABB Inc. currently has over 9,600 active participants and over $1.1B in plan assets.
Plan Details
| Address | 12040 Regency Parkway, Suite 200 Cary, NC 27518 |
| Industry | Other Electrical Equipment & Component Mfg |
| Administrator | John W. Cutler, Jr. |
| Net Plan Assets | $1,150,000,000 |
| Total Participants | 15,000 |
| Avg Account Balance | $76,000 |
Top 3 Investment Holdings
| 1. | T. Rowe Price Growth Stock | 13% |
| 2. | American Beacon Large Cap Value | 9% |
| 3. | Morgan Stanley Institutional Emerging Markets | 7% |
Other Companies in Peer Group
| Agilent Technologies | 79.3 |
| Bwxt Y-12, LLC | 76.1 |
| Pitney Bowes | 72.0 |
| Toyota Motor Engineering &... | 71.7 |
| Northrop Grumman | 53.8 |
| Tyco International Management Company | 43.6 |
Plan Service Providers
| Auditor | Ernst & Young |
| Administration | Fidelity |
| Investment Adviser | Abb Business Services |
| Legal Counsel | Cooley Godward |
| Administration | United Forms Finishing |
| Administration | Watson Wyatt |
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