110 employees reported this benefit
Abbott offers employees the opportunity to participate in a 401(k) plan or a pension plan referred to as their stock retirement and annuity retirement plan.
This information about the 401K Plan benefit at Abbott Labs is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Abbott Labs. The description here may not reflect the current Abbott Labs 401K Plan benefit.
Pension! Good vacation days unlimited sick leaves
Excellent employer matching program but not fully vested until 4 or 5 years of service.
Good Plan.. 6% employer match upto some amount.
Good selection of funds. Limited matching.
return is not very good
Benefits, coverage and cost should be improved.
The best thing of Abbott Labs for their 401K plan is the company matching program.
company match up to 3 percent
Company matches a percentage that you contribute. I believe it starts on the first day of employment.
A well managed plan with options. Online access that shows vested amounts and value at retirement for different ages.