Plan Ledger DOL Form 5500 · updated monthly

Abbvie LTD. C/O Abbvie Inc.Profit-sharing plan

ABBVIE PUERTO RICO SAVINGS PLAN · NORTH CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Abbvie LTD. C/O Abbvie Inc. reported $386,929 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,692 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.08% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 136th-largest of 3,702 plans among Illinois employers on file, and the 524th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$560,135,241
Participants with balances2,012
Active participants1,393
Employer contributions$6,535,758
Employee contributions$12,053,177
Employer contribution per active participant$4,692
Average account balance$278,397
Benefits paid to participants$28,085,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$560.1M · 2,012 accts · $6.5M emplr
2023$498.9M · 1,927 accts · $5.7M emplr
2022$474.7M · 1,874 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13
Investment management$386,916
Total administrative$386,929
Employer contributions to the Abbvie LTD. C/O Abbvie Inc. plan · 2024
Employer contribution per active participant$4,692
Median for plans this size$4,294
2024$4,692 per active participant
2023$4,196 per active participant
2022$3,735 per active participant

Abbvie LTD. C/O Abbvie Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$386,916

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$386,929 · 0.07%
2023$344,259 · 0.07%
2022$381,534 · 0.08%
Same employer
Similar plansManufacturing · Illinois
Panduit Corp. IL$692.2M · 0.01%
Ingredion Incorporated IL$650.9M · 0.05%
Prairie Farms Dairy, Inc. IL$637.5M · 0.23%
Fresenius Kabi USA, LLC IL$559.5M · 0.06%
Hollister Incorporated IL$554.5M · 0.02%
Federal Signal Corporation IL$544.1M · 0.08%
Hydro Extrusion USA, LLC IL$535.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980429860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.