ABB, Inc.
75
Plan:
10
72
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (75) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $63,200 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.
Retirement Plan Description
Personal Retirement Investment and Savings Management Plan for Employees of ABB, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Account Balances, Investment Menu Quality, Salary Deferral, and Total Plan Cost. Personal Retirement Investment and Savings Management Plan for Employees of ABB, Inc. currently has over 13,400 active participants and over $1.4B in plan assets.
Retirement Plan Details
| Address |
12040 Regency Parkway, Suite 200
Cary, NC 27518 |
| Industry | Manufacturing |
| Administrator | Daniel Hagmann |
| Sponsor | Ismo Haka |
| Net Plan Assets | $1,390,000,000 |
| Total Participants | 13,000 |
| Avg Account Balance | $100,000 |
Compare Other Companies in Peer Group
| Seagate U.S. LLC | 81.2 |
| Rockwell Collins | 81.1 |
| Texas Instruments | 78.4 |
| Cooper US | 77.8 |
| Paccar | 71.5 |
| Northrop Grumman | 53.4 |
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