Abb Optical Group, Llc 401(k) Plan: Login, Facts & Contact Information

Abb Optical Group, Llc 401(k) Plan Facts

Plan name
ABB OPTICAL GROUP
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ABB/CON-CISE OPTICAL GROUP LLC
Participants
1,795 (1,549 active employees)
Former employees with a balance
290
Plan assets
$68,225,665 at Dec 31, 2024
Average account balance
$38,372 across 1,778 accounts
Employer contributions
$2,321,769 in plan year 2024 (25% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1993
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.18 million went into the plan in contributions, $2.32 million of it from the employer (25%).
  • $6.88 million was paid out to participants.
  • Investment and other income added $6.00 million.
  • Administrative expenses were $235,495, about $132 per account.

How the Abb Optical Group, Llc 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,538$51.2 million$1.69 million$7.25 million
20202,091$53.7 million$814,073$7.97 million
20211,807$58.7 million$1.85 million$6.76 million
20221,537$51.5 million$2.07 million$7.20 million
20231,780$60.2 million$2.26 million$6.10 million
20241,795$68.2 million$2.32 million$6.88 million

Abb Optical Group, Llc 401(k) Contact Information

Phone
954-733-2300
Mailing address
12301 NW 39TH STREET, CORAL SPRINGS FL 330652403
Plan sponsor
ABB/CON-CISE OPTICAL GROUP LLC
Employer identification number (EIN)
51-0626564
Plan number
001

Questions about the Abb Optical Group, Llc 401(k)

Does Abb Optical Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.32 million, 25% of all contributions.

Does the Abb Optical Group, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Abb Optical Group, Llc 401(k) plan?

1,795 participants at the start of plan year 2024, 1,549 of them active employees, and 290 former employees who still had money in the plan.

What is the average 401(k) balance at Abb Optical Group, Llc?

About $38,372 per account: $68.2 million in plan assets across 1,778 accounts with a balance at the end of plan year 2024.

Who manages the Abb Optical Group, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Abb Optical Group, Llc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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