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Company:
ABB, Inc.
Plan:
Personal Retirement Investment and Savings Management Plan for Employees of ABB, Inc.
 

ABB, Inc.

74 Plan:

 
 
74
18
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (74) and the top rated plan (85) could equate to:
[How is this calculated?]
7 additional years of work
Up to $29,100 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 74. 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 14,600 active participants and over $1.4B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
35
Plan Average: 24
Top 3 Funds in this 401k
1. Cash and Cash Equivalents 28%
2. T. Rowe Price Growth Stock 11%
3. AllianceBernstein Value 6%

 Retirement Plan Details

Address 12040 Regency Parkway, Suite 200
Cary, NC 27518 
Industry Manufacturing
Administrator Daniel Hagmann
Sponsor E. Barry Lyon
Net Plan Assets $1,390,000,000
Total Participants 15,000
Avg Account Balance $110,000

  Plan Service Providers

Legal Counsel Cooley Godward Kronish LLP
Consultant Towers Watson
Auditor Ernst & Young

 Comments