Abb 401(k) and pension plans

Abb Inc., Cary, NC. EIN 36-3100018. Annual reports 2009–2024. Also filed as Kuhlman Electric Corporation; Thomas & Betts Corporation; Abb Installation Products Inc.

Abb Inc. has 3 active retirement plans on file. The largest is the Abb Inc. Retirement Savings Plan, with 20,633 participants and $3.3 billion in assets in 2024. Principal has been its recordkeeper since 2021. One of its pension plans was taken over by the PBGC.

Active plans
3
Participants
32,268
Plan assets
$4.0 billion
401(k) recordkeeper
Principal
Plans on file
12
Industry
Manufacturing

All 12 plans

Active plans first

Abb Inc. Retirement Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
302Employer EIN 36-3100018
Participants (2024)
20,633
Net assets (2024)
$3.3 billion
Recordkeeper
PrincipalEarlier: Merrill (2015–2020), Fidelity (2009–2014)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2024
In effect since
January 1, 1991

Plans merged into this one: Personal Retirement Investment and Savings Management Plan for Certain Represented Employees of Abb Inc. (2017); Baldor Electric Company Employees Profit Sharing and Savings Plan (2017); Thomas & Betts Corporation Employees' Investment Plan (2017); Ventyx Inc. Retirement Plan (2011).

Earlier plan names: Personal Retirement Investment and Savings Management Plan for Employees of Abb Inc..

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202420,633$3.3 billionPrincipal
202320,370$2.9 billionPrincipal
202221,073$2.5 billionPrincipal
202121,469$3.1 billionPrincipal
202032,788$2.9 billionMerrill
201934,445$3.4 billionMerrill
201835,003$2.9 billionMerrill
201712,612$2.0 billionMerrill
201612,296$1.8 billionMerrill
201512,653$1.7 billionMerrill
201412,432$1.7 billionFidelity
201314,644$1.7 billionFidelity
201214,483$1.5 billionFidelity
201114,687$1.4 billionFidelity
201013,422$1.4 billionFidelity
200914,306$1.3 billionFidelity

Abb Inc. Merged Pension Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
306Employer EIN 36-3100018
Participants (2024)
10,770
Net assets (2024)
$713 million
Administered by
Alight2013–2024
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2024
In effect since
January 1, 1968

Plans merged into this one: Abb Inc. Cash Balance Pension Plan (2023); Thomas & Betts Corporation Pension Plan for Bargaining Unit Employees (2022).

Earlier sponsors: Thomas & Betts Corporation (2009–2016); Abb Installation Products Inc. (2017–2021).

Earlier plan names: Thomas & Betts Pension Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202410,770$713 millionAlight
202311,242$698 millionAlight
20223,923$162 millionAlight
20213,485$148 millionAlight
20203,594$193 millionAlight
20193,939$204 millionAlight
20186,553$284 millionAlight
20176,825$283 millionAlight
20167,077$321 millionAlight
20157,368$316 millionAlight
20147,615$331 millionAlight
20138,172$374 millionAlight
20129,751$445 millionnot listed
201110,232$359 millionnot listed
201010,500$348 millionnot listed
200910,983$340 millionnot listed

Abb Inc. Pension Plan of Fischer & Porter Company

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
006Employer EIN 36-3100018
Participants (2024)
865
Net assets (2024)
$31.6 million
Administered by
AlightEarlier: Fidelity (2014–2015)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2024
In effect since
January 1, 1947
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
2024865$31.6 millionAlight
2023925$34.4 millionAlight
2022973$35.1 millionAlight
2021995$45.9 millionAlight
20201,031$48.5 millionAlight
20191,099$48.3 millionAlight
20181,137$46.0 millionAlight
20171,168$52.9 millionAlight
20161,200$51.5 millionAlight
20151,241$52.5 millionFidelity
20141,267$57.7 millionFidelity
20131,326$59.8 millionnot listed
20121,380$60.1 millionnot listed
20111,417$57.9 millionnot listed
20101,466$61.1 millionnot listed
20091,513$57.7 millionnot listed

Abb Inc. Cash Balance Pension Plan

Cash balance pensionMerged

Merged. In 2023 its assets moved to the Abb Inc. Merged Pension Plan, sponsored by Abb Inc. (EIN 36-3100018, plan 306). Accounts moved with them, so that plan is the one to contact.

Plan number
301Employer EIN 36-3100018
Participants (2022)
8,021
Net assets (2022)
$494 million
Administered by
AlightEarlier: Fidelity (2014–2015)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2023
In effect since
January 1, 1992

Plans merged into this one: Kuhlman Electric Corporation Salaried Employees' Pension Plan (2021); Pension Plan for Hourly Employees of Abb Inc. (2021).

Year by year, 2009 to 2023
Plan yearParticipantsNet assetsRecordkeeper
20230$0Alight
20228,021$494 millionAlight
20218,178$622 millionAlight
20206,938$540 millionAlight
201912,156$729 millionAlight
201812,512$680 millionAlight
201713,033$772 millionAlight
201613,500$746 millionAlight
201514,167$756 millionFidelity
201414,665$824 millionFidelity
201315,203$844 millionnot listed
201215,796$843 millionnot listed
201116,385$818 millionnot listed
201016,263$820 millionnot listed
200917,131$714 millionnot listed

Kuhlman Electric Corporation Salaried Employees' Pension Plan

Cash balance pensionMerged

Merged. In 2021 its assets moved to the Abb Inc. Cash Balance Pension Plan, sponsored by Abb Inc. (EIN 36-3100018, plan 301). Accounts moved with them, so that plan is the one to contact.

Plan number
009Employer EIN 36-3100018
Participants (2020)
293
Net assets (2020)
$19.1 million
Administered by
AlightEarlier: Fidelity (2014–2015)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2021
In effect since
January 1, 1974

Earlier sponsor: Kuhlman Electric Corporation (2009–2018).

Year by year, 2009 to 2021
Plan yearParticipantsNet assetsRecordkeeper
20210$0Alight
2020293$19.1 millionAlight
2019422$25.2 millionAlight
2018459$23.2 millionAlight
2017477$26.3 millionAlight
2016491$24.9 millionAlight
2015522$24.6 millionFidelity
2014537$26.7 millionFidelity
2013547$27.5 millionnot listed
2012646$26.7 millionnot listed
2011595$27.4 millionnot listed
2010830$29.3 millionnot listed
2009834$25.5 millionnot listed

Pension Plan for Hourly Employees of Abb Inc.

Pension (defined benefit)Merged

Merged. In 2021 its assets moved to the Abb Inc. Cash Balance Pension Plan, sponsored by Abb Inc. (EIN 36-3100018, plan 301). Accounts moved with them, so that plan is the one to contact.

Plan number
304Employer EIN 36-3100018
Participants (2020)
1,364
Net assets (2020)
$93.1 million
Administered by
AlightEarlier: Fidelity (2014–2015)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2021
In effect since
December 1, 1975

Plans merged into this one: Abb Inc. Pension Plan (Ue 625 and 626) (2020); Abb Inc. Pension Plan for Employees of the Process Analytics Div. of Abb Inc., Rep. By Laborer'S Int'L Union of N. America Local No. 1304 (2020); Service Benefit Pension Plan (Wickliffe Facility) of Abb Inc. (2011); Crystal Springs Plant-Kuhlman Electric Corporation Retirement Income Plan (2020).

Year by year, 2009 to 2021
Plan yearParticipantsNet assetsRecordkeeper
20210$0Alight
20201,364$93.1 millionAlight
20192,828$90.7 millionAlight
20182,921$86.0 millionAlight
20173,027$99.7 millionAlight
20163,104$97.2 millionAlight
20153,216$99.1 millionFidelity
20143,304$109 millionFidelity
20133,407$114 millionnot listed
20123,503$115 millionnot listed
20113,389$104 millionnot listed
20103,045$83.6 millionnot listed
20093,188$81.8 millionnot listed

Abb Inc. Pension Plan (Ue 625 and 626)

Pension (defined benefit)Merged

Merged. In 2020 its assets moved to the Pension Plan for Hourly Employees of Abb Inc., sponsored by Abb Inc. (EIN 36-3100018, plan 304). Accounts moved with them, so that plan is the one to contact.

Plan number
106Employer EIN 36-3100018
Participants (2019)
207
Net assets (2019)
$33.7 million
Administered by
AlightEarlier: Fidelity (2014–2015)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2020
In effect since
September 15, 1984
Year by year, 2009 to 2020
Plan yearParticipantsNet assetsRecordkeeper
20200$0Alight
2019207$33.7 millionAlight
2018209$30.3 millionAlight
2017203$33.0 millionAlight
2016202$26.6 millionAlight
2015202$26.0 millionFidelity
2014202$27.5 millionFidelity
2013211$22.5 millionnot listed
2012218$21.6 millionnot listed
2011221$20.4 millionnot listed
2010221$18.6 millionnot listed
2009210$15.3 millionnot listed

Abb Inc. Pension Plan for Employees of the Process Analytics Div. of Abb Inc., Rep. By Laborer'S Int'L Union of N. America Local No. 1304

Pension (defined benefit)Merged

Merged. In 2020 its assets moved to the Pension Plan for Hourly Employees of Abb Inc., sponsored by Abb Inc. (EIN 36-3100018, plan 304). Accounts moved with them, so that plan is the one to contact.

Plan number
430Employer EIN 36-3100018
Participants (2019)
134
Net assets (2019)
$11.3 million
Administered by
AlightEarlier: Fidelity (2014–2015)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2020
In effect since
December 1, 1985

Earlier plan names: Abb Inc. Pension Plan for Employees of the Process Analytics Div. of Abb Inc., Rep. By the Laborer'S Int'L Union of N. America Local No. 130.

Year by year, 2009 to 2020
Plan yearParticipantsNet assetsRecordkeeper
20200$0Alight
2019134$11.3 millionAlight
2018137$10.3 millionAlight
2017139$11.4 millionAlight
2016143$9.5 millionAlight
2015144$9.4 millionFidelity
2014160$10.1 millionFidelity
2013161$8.6 millionnot listed
2012162$8.4 millionnot listed
2011183$8.0 millionnot listed
2010161$7.7 millionnot listed
2009154$6.4 millionnot listed

Crystal Springs Plant-Kuhlman Electric Corporation Retirement Income Plan

Pension (defined benefit)Merged

Merged. In 2020 its assets moved to the Pension Plan for Hourly Employees of Abb Inc., sponsored by Abb Inc. (EIN 36-3100018, plan 304). Accounts moved with them, so that plan is the one to contact.

Plan number
002Employer EIN 36-3100018
Participants (2019)
197
Net assets (2019)
$7.2 million
Administered by
AlightEarlier: Fidelity (2014–2015)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2020
In effect since
September 1, 1967

Earlier sponsor: Kuhlman Electric Corporation (2009–2018).

Year by year, 2009 to 2020
Plan yearParticipantsNet assetsRecordkeeper
20200$0Alight
2019197$7.2 millionAlight
2018203$6.6 millionAlight
2017206$7.3 millionAlight
2016207$6.8 millionAlight
2015216$6.7 millionFidelity
2014210$7.2 millionFidelity
2013220$6.4 millionnot listed
2012222$6.3 millionnot listed
2011228$6.0 millionnot listed
2010232$6.2 millionnot listed
2009235$5.6 millionnot listed

Personal Retirement Investment and Savings Management Plan for Certain Represented Employees of Abb Inc.

401(k)Merged

Merged. In 2017 its assets moved to the Abb Inc. Retirement Savings Plan, sponsored by Abb Inc. (EIN 36-3100018, plan 302). Accounts moved with them, so that plan is the one to contact.

Plan number
303Employer EIN 36-3100018
Participants (2016)
1,352
Net assets (2016)
$56.8 million
Recordkeeper
MerrillEarlier: Fidelity (2009–2014)
Plan administrator
Abb Inc.
305 Gregson Drive
Cary, NC 27511
(919) 856-2360As filed for 2017
In effect since
January 1, 1992
Year by year, 2009 to 2017
Plan yearParticipantsNet assetsRecordkeeper
20170$0Merrill
20161,352$56.8 millionMerrill
20151,379$52.9 millionMerrill
20141,397$55.5 millionFidelity
20132,005$64.1 millionFidelity
20122,075$60.3 millionFidelity
20112,227$57.2 millionFidelity
20102,164$59.1 millionFidelity
20092,317$58.2 millionFidelity

Service Benefit Pension Plan (Wickliffe Facility) of Abb Inc.

Pension (defined benefit)Merged

Merged. In 2011 its assets moved to the Pension Plan for Hourly Employees of Abb Inc., sponsored by Abb Inc. (EIN 36-3100018, plan 304). Accounts moved with them, so that plan is the one to contact.

Plan number
001Employer EIN 36-3100018
Participants (2010)
445
Net assets (2010)
$26.7 million
Plan administrator
Abb Inc.
12040 Regency Parkway, Suite 200
Cary, NC 27518
(919) 856-2360As filed for 2011
In effect since
January 1, 1970
Year by year, 2009 to 2011
Plan yearParticipantsNet assetsRecordkeeper
20110$0not listed
2010445$26.7 millionnot listed
2009469$25.2 millionnot listed

Kuhlman Electric Co UAW Retirement Income Plan

Pension (defined benefit)Taken over by the PBGC

Taken over by the Pension Benefit Guaranty Corporation on January 13, 1981, after the plan ended on September 4, 1976. The PBGC now pays the plan's benefits, up to legal limits (PBGC case 1065200).

Plan number
001Employer EIN 38-0736390
Participants when it ended
313
Who pays it now
Pension Benefit Guaranty Corporation
1-800-400-7242PBGC Customer Contact Center

Plans that moved to another employer

PlanNow sponsored bySince
Hitachi Energy USA Inc. Consolidated Pension PlanHitachi Energy USA Inc.2020

These plans once filed under Abb's tax ID and are now filed by another employer, usually after a sale or spin-off. Accounts moved with them.

If you had money in one of these plans

  1. Call Principal (principal.com), which runs the Abb Inc. Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((919) 856-2360). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
  4. For a pension the PBGC took over, call the PBGC at 1-800-400-7242 or search its unclaimed pensions. Have the plan name and your Social Security number ready.
  5. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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