Plan Snapshot
- Plan Sponsor: Abbott Laboratories
- Sponsor EIN: 360698440
- Sponsor Address: CORPORATE BENEFITS, D-589, AP6B-2, ABBOTT PARK, IL, 600646222
- Plan Type: 401(k)
- Plan Number: 337
- Total Participants: 0
- Total Assets: $8.5B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $8.5B | $0 | $0 |
| 2023 | 0 | $7.5B | $0 | $0 |
| 2022 | 0 | $6.5B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MIDOCEAN CREDIT FUND MGMT, LP | Other Service Provider | $2,563,360 | — | $2,563,360 |
| JENNISON ASSOCIATES LLC | Other Service Provider | $2,325,359 | — | $2,325,359 |
| BRANDYWINE GLOBAL INVESTMENT LLC | Other Service Provider | $2,078,458 | — | $2,078,458 |
| WELLINGTON TRUST COMPANY | Other Service Provider | $1,850,521 | — | $1,850,521 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $1,650,581 | — | $1,650,581 |
| WESTLAKE FINANCIAL GROUP | Other Service Provider | $1,629,458 | — | $1,629,458 |
| ALIGNED INVESTORS GLOBAL | Other Service Provider | $1,370,185 | — | $1,370,185 |
| NORTHERN TRUST COMPANY | Other Service Provider | $1,213,035 | — | $1,213,035 |
| GRANITE INVESTMENT PARTNERS | Other Service Provider | $1,008,990 | — | $1,008,990 |
| GMO LLC | Other Service Provider | $1,003,379 | — | $1,003,379 |
| ARIEL CAPITAL MANAGEMENT LLC | Other Service Provider | $939,877 | — | $939,877 |
| LOOMIS SAYLES | Other Service Provider | $697,453 | — | $697,453 |
| CLIFFWATER LLC | Other Service Provider | $450,000 | — | $450,000 |
| AON CONSULTING | Recordkeeper | $204,673 | — | $204,673 |
| BURGISS GROUP LLC | Other Service Provider | $169,730 | — | $169,730 |
| MCDERMOTT WILL & EMERY | Other Service Provider | $77,084 | — | $77,084 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | $70,440 | — | $70,440 |
| WINSTON AND STRAWN | ERISA Attorney | $48,037 | — | $48,037 |
| GRANT THORNTON LLP | Other Service Provider | $35,000 | — | $35,000 |
| GRANT THORNTON ADVISORS LLC | Other Service Provider | $10,125 | — | $10,125 |
| SHANNON ASSOCIATES | Other Service Provider | $6,600 | — | $6,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- AON CONSULTING — Recordkeeper
- PRICEWATERHOUSECOOPERS LLP — Auditor
- WINSTON AND STRAWN — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,402,345
- Estimated Expense Ratio: 0.230% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $19,794,323 | $16,453,845 | — | $35,000 | — |
| 2023 | $17,472,507 | $14,304,514 | — | $44,350 | — |
| 2022 | $16,547,358 | $14,630,567 | — | — | $420,620 |