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ABB INC. RETIREE GROUP BENEFIT PLAN II 401k Plan overview

Plan NameABB INC. RETIREE GROUP BENEFIT PLAN II
Plan identification number 577

ABB INC. RETIREE GROUP BENEFIT PLAN II Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

ABB INC. has sponsored the creation of one or more 401k plans.

Company Name:ABB INC.
Employer identification number (EIN):363100018
NAIC Classification:334500

Additional information about ABB INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 0902559

More information about ABB INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ABB INC. RETIREE GROUP BENEFIT PLAN II

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5772024-01-01MICHELLE BANKSON2024-11-06
5772023-07-03MICHELLE BANKSON2024-10-10

Plan Statistics for ABB INC. RETIREE GROUP BENEFIT PLAN II

401k plan membership statisitcs for ABB INC. RETIREE GROUP BENEFIT PLAN II

Measure Date Value
2024: ABB INC. RETIREE GROUP BENEFIT PLAN II 2024 401k membership
Total participants, beginning-of-year2024-01-01533
Total number of active participants reported on line 7a of the Form 55002024-01-010
Number of retired or separated participants receiving benefits2024-01-010
Number of other retired or separated participants entitled to future benefits2024-01-010
Total of all active and inactive participants2024-01-010
2023: ABB INC. RETIREE GROUP BENEFIT PLAN II 2023 401k membership
Total participants, beginning-of-year2023-07-03529
Total number of active participants reported on line 7a of the Form 55002023-07-03533
Number of retired or separated participants receiving benefits2023-07-030
Number of other retired or separated participants entitled to future benefits2023-07-030
Total of all active and inactive participants2023-07-03533

Form 5500 Responses for ABB INC. RETIREE GROUP BENEFIT PLAN II

2024: ABB INC. RETIREE GROUP BENEFIT PLAN II 2024 form 5500 responses
2024-01-01Type of plan entitySingle employer plan
2024-01-01Submission has been amendedNo
2024-01-01This submission is the final filingYes
2024-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2024-01-01Plan is a collectively bargained planNo
2024-01-01Plan funding arrangement – InsuranceYes
2024-01-01Plan benefit arrangement – InsuranceYes
2023: ABB INC. RETIREE GROUP BENEFIT PLAN II 2023 form 5500 responses
2023-07-03Type of plan entitySingle employer plan
2023-07-03First time form 5500 has been submittedYes
2023-07-03Submission has been amendedNo
2023-07-03This submission is the final filingNo
2023-07-03This return/report is a short plan year return/report (less than 12 months)Yes
2023-07-03Plan is a collectively bargained planNo
2023-07-03Plan funding arrangement – InsuranceYes
2023-07-03Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberP 55,244
Policy instance 1
Insurance contract or identification numberP 55,244
Number of Individuals Covered0
Insurance policy start date2024-01-01
Insurance policy end date2024-04-30
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberP 55,244
Policy instance 1
Insurance contract or identification numberP 55,244
Number of Individuals Covered533
Insurance policy start date2023-07-03
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $300,000
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $13,155,793
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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