Financial Services Industry
Industry: Email Alert RSS Feed[A] Profiles of the Top 200 Pension Funds.(Abbott Laboratories, other firms)(Statistical Data Included)
Pensions & Investments, January, 2002
Abbott Laboratories ($ millions) Total assets 7,659 Defined benefit 1,985 Defined contribution 5,674 * DEFINED BENEFIT PLAN: Employer contributions 0 Benefit payments 101 Asset mix: Domestic stocks 51% Domestic fixed income 40% Foreign stocks 9% Internally managed assets 147 * DEFINED CONTRIBUTION PLAN: Assets in corporate 401(k) 5,674 Total contributions 262 Asset mix: Sponsoring company stock 86% Other stock 8% Stable value 6% ABBOTT PARK, Ill.
- As of Sept. 30, Abbott Laboratories' total employee benefit assets decreased 7% from a year earlier. Defined benefit assets decreased 26% during the same period; defined contribution assets increased 2%. Employer contributions to the...
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