Plan Snapshot
- Plan Sponsor: Abbott Laboratories
- Sponsor EIN: 360698440
- Sponsor Address: CORPORATE BENEFITS, D-589, AP6B-2, ABBOTT PARK, IL, 600646222
- Plan Type: DB
- Total Participants: 161
- Total Assets: $4.2B
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 | 161 | $4.2B | $0 | $0 |
| 2023 | 168 | $4.0B | $0 | $0 |
| 2022 | 172 | $3.7B | $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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $36,500 | — | $36,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,500
- Estimated Expense Ratio: 0.001% 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 | $16,403,979 | $11,841,055 | — | $36,500 | — |
| 2023 | $15,218,535 | $10,327,305 | — | $45,525 | — |
| 2022 | $15,474,112 | $11,037,051 | — | — | $221,633 |