DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

ABB Inc. Cash Balance Pension Plan

Corporate pensionCary, NC
Assets
n/a
Total assets, Dec 31, 2023 reported
Funded
94.2%
Jan 1, 2023
Private markets target
n/a
policy Dec 31, 2022
Commitments
0
none on the tape
Plan sponsor: ABB Inc.
Allocation policy
Form 5500, as of Dec 31, 2022
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 100.0%
Consultants and advisers
12 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
22 readings
Total assets
$0 Dec 31, 2023 reported Form 5500
$494M (2022-12)
Plan assets
$494M Jan 1, 2023 reported Form 5500
$623M (2022-01)
Net assets
$0 Dec 31, 2023 reported Form 5500
$494M (2022-12)
Funded ratio
94.2% Jan 1, 2023 reported Form 5500
108.0% (2022-01)
Funding target
$525M Jan 1, 2023 reported Form 5500
$519M (2022-01)
Discount rate
5.20% Jan 1, 2023 reported Form 5500
5.37% (2022-01)
Participants
8,021 Jan 1, 2023 reported Form 5500
8,178 (2022-01)
Contributions
$0 Dec 31, 2023 reported Form 5500
$0 (2022-12)
Benefits paid
$31.4M Dec 31, 2023 reported Form 5500
$35.7M (2022-12)
Net investment income
$16.2M Dec 31, 2023 reported Form 5500
$-128M (2022-12)
Investment management fees
$1.2M Dec 31, 2023 reported Form 5500
$1.2M (2022-12)
Form 5500 filings
2 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2023 to Dec 31, 20238,021$494M$525M94.2%$0n/a$0n/a
2022 to Dec 31, 20228,178$623M$519M108.0%$494Mn/a$494Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
10 events
  • Dec 31, 2023Consultant changedinference
    Wellington Trust Company N.A. appears on ABB Inc. Cash Balance Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
    with Wellington Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Towers Watson Investment Services appears on ABB Inc. Cash Balance Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Towers Watson Investment Services,askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Insight North America LLC no longer appears on ABB Inc. Cash Balance Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Insight North America LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Marathon no longer appears on ABB Inc. Cash Balance Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Marathon Asset Management, LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Invesco Emerging Mkts Equity Fund no longer appears on ABB Inc. Cash Balance Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Invesco Emerging Mkts Equity Fundaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Parametric Portfolio Associates LLC no longer appears on ABB Inc. Cash Balance Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Parametric Portfolio Associatesaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Blackrock Inst. Trust Company Na appears on ABB Inc. Cash Balance Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Blackrock Institutional Trust Co,naaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    ABB Inc. Cash Balance Pension Plan total assets $494M -> $0 (-100.0%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    ABB Inc. Cash Balance Pension Plan funded ratio 108.0% -> 94.2% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    ABB Inc. Cash Balance Pension Plan plan assets $623M -> $494M (-20.6%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 363100018-301
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.