ABB INC. has sponsored the creation of one or more 401k plans.
Additional information about ABB INC.
Submission information for form 5500 for 401k plan ABB INC. MERGED PENSION PLAN
| Measure | Date | Value |
|---|
| 2023 : ABB INC. MERGED PENSION PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-11-30 | $0 |
| Total transfer of assets to this plan | 2023-11-30 | $25,244,000 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-11-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-11-30 | $0 |
| Total income from all sources (including contributions) | 2023-11-30 | $8,340,000 |
| Total loss/gain on sale of assets | 2023-11-30 | $0 |
| Total of all expenses incurred | 2023-11-30 | $18,864,000 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-11-30 | $15,663,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-11-30 | $3,269,000 |
| Value of total assets at end of year | 2023-11-30 | $162,484,000 |
| Value of total assets at beginning of year | 2023-11-30 | $147,764,000 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-11-30 | $3,201,000 |
| Total interest from all sources | 2023-11-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-11-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-11-30 | No |
| Administrative expenses professional fees incurred | 2023-11-30 | $166,587 |
| Was this plan covered by a fidelity bond | 2023-11-30 | Yes |
| Value of fidelity bond cover | 2023-11-30 | $20,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-11-30 | No |
| Administrative expenses (other) incurred | 2023-11-30 | $2,430,075 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-11-30 | No |
| Value of net income/loss | 2023-11-30 | $-10,524,000 |
| Value of net assets at end of year (total assets less liabilities) | 2023-11-30 | $162,484,000 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-11-30 | $147,764,000 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-11-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-11-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-11-30 | No |
| Investment advisory and management fees | 2023-11-30 | $349,459 |
| Value of interest in master investment trust accounts at end of year | 2023-11-30 | $159,215,000 |
| Value of interest in master investment trust accounts at beginning of year | 2023-11-30 | $147,764,000 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-11-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-11-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-11-30 | No |
| Contributions received in cash from employer | 2023-11-30 | $3,269,000 |
| Employer contributions (assets) at end of year | 2023-11-30 | $3,269,000 |
| Employer contributions (assets) at beginning of year | 2023-11-30 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-11-30 | $15,663,000 |
| Contract administrator fees | 2023-11-30 | $254,879 |
| Did the plan have assets held for investment | 2023-11-30 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-11-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-11-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-11-30 | Unqualified |
| Accountancy firm name | 2023-11-30 | GRANT THORNTON LLP |
| Accountancy firm EIN | 2023-11-30 | 366055558 |
| 2022 : ABB INC. MERGED PENSION PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-01 | $0 |
| Total transfer of assets to this plan | 2022-12-01 | $25,244,000 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-01 | $0 |
| Total income from all sources (including contributions) | 2022-12-01 | $8,340,000 |
| Total loss/gain on sale of assets | 2022-12-01 | $0 |
| Total of all expenses incurred | 2022-12-01 | $18,864,000 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-01 | $15,663,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-01 | $3,269,000 |
| Value of total assets at end of year | 2022-12-01 | $162,484,000 |
| Value of total assets at beginning of year | 2022-12-01 | $147,764,000 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-01 | $3,201,000 |
| Total interest from all sources | 2022-12-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-01 | No |
| Administrative expenses professional fees incurred | 2022-12-01 | $166,587 |
| Was this plan covered by a fidelity bond | 2022-12-01 | Yes |
| Value of fidelity bond cover | 2022-12-01 | $20,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-01 | No |
| Administrative expenses (other) incurred | 2022-12-01 | $2,430,075 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-01 | No |
| Value of net income/loss | 2022-12-01 | $-10,524,000 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-01 | $162,484,000 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-01 | $147,764,000 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-01 | No |
| Investment advisory and management fees | 2022-12-01 | $349,459 |
| Value of interest in master investment trust accounts at end of year | 2022-12-01 | $159,215,000 |
| Value of interest in master investment trust accounts at beginning of year | 2022-12-01 | $147,764,000 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-01 | No |
| Contributions received in cash from employer | 2022-12-01 | $3,269,000 |
| Employer contributions (assets) at end of year | 2022-12-01 | $3,269,000 |
| Employer contributions (assets) at beginning of year | 2022-12-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-01 | $15,663,000 |
| Contract administrator fees | 2022-12-01 | $254,879 |
| Did the plan have assets held for investment | 2022-12-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-01 | 1 |
| Accountancy firm name | 2022-12-01 | GRANT THORNTON LLP |
| Accountancy firm EIN | 2022-12-01 | 366055558 |
