Plan Snapshot
- Plan Sponsor: Abbvie INC.
- Sponsor EIN: 320375147
- Sponsor Address: BENEFITS/HR OPERATIONS V69T AP34-LL, NORTH CHICAGO, IL, 600641802
- Plan Type: 401(k)
- Total Participants: 28,506
- Total Assets: $13.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 28,506 | $13.4B | $339.3M | $427.5M |
| 2023 | 26,790 | $11.7B | $306.1M | $404.6M |
| 2022 | 26,300 | $10.3B | $271.6M | $376.9M |
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 |
|---|---|---|---|---|
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $4,261,414 | $4,244,575 | — | — | — |
| 2023 | $3,643,874 | $3,630,485 | — | — | — |
| 2022 | $2,896,657 | — | — | — | — |