Updated:
ABB Pension Schemes (US)
ABB Pension Schemes (US) comprises the retirement arrangements sponsored by ABB Inc. for its American workforce. The plans include both defined benefit and...
ABB Pension Schemes (US)
ABB Pension Schemes (US) comprises the retirement arrangements sponsored by ABB Inc. for its American workforce. The plans include both defined benefit and defined contribution components and remain subject to ERISA governance. Assets are held in the ABB Inc. Master Trust, which contains a diversified real estate portfolio and other holdings. Service providers include Bank of New York Mellon as trustee and custodian since 2013 and Empower Retirement as recordkeeper since 2019. Mercer has acted as investment consultant since 2005. Lee House currently leads pension management. John W. Cutler Jr. previously directed the Pension and Thrift Management Group. The structure maintains separation between the corporate sponsor and the fiduciary bodies that select and monitor investments. No public information details current asset allocation, co-investment activity, or succession arrangements beyond the named individuals.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Cary
Principals
Lee House
Head of Pension Management
John W. Cutler Jr.
Former Director of Pension and Thrift Management Group
Frequently asked questions
Who runs investment decisions at ABB Pension Schemes (US)?
The Pension Review Committee selects and monitors investment options. Lee House serves as Head of Pension Management. Mercer provides ongoing investment consulting.
How is ABB Pension Schemes (US) related to ABB Ltd?
ABB Ltd acts as the parent company and plan sponsor. The US plans operate as separate ERISA-governed entities with their own fiduciaries.
What service providers support the plans?
Bank of New York Mellon serves as trustee and custodian. Empower Retirement handles recordkeeping. Legal counsel includes Parker Poe Adams & Bernstein and Groom Law Group.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: