ABB INC. RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of ABB INC. RETIREMENT SAVINGS PLAN is $2,539,680,859.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in ABB INC. RETIREMENT SAVINGS PLAN is 22268

In 2022, the average participant retirement account value for ABB INC. RETIREMENT SAVINGS PLAN is $114,050

In 2022, the estimated average employee contribution amount per participant for ABB INC. RETIREMENT SAVINGS PLAN is $4,332

In 2022, the estimated average employer match for an employee in ABB INC. RETIREMENT SAVINGS PLAN is approximately $4,072

In 2022, ABB INC. RETIREMENT SAVINGS PLAN allocates $90,681,777 to match its employees’ contributions, providing an employer match rate of 91.59% of their contributions

In 2022, the total retirement plan asset growth rate of ABB INC. RETIREMENT SAVINGS PLAN is -18.78%

In 2022, the estimated aggregate retirement account investment gain/loss for ABB INC. RETIREMENT SAVINGS PLAN is -15.76%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ABB INC. RETIREMENT SAVINGS PLAN is 0.04%.

Enrollment Features

ABB INC. RETIREMENT SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.