Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
NOVARTIS CORPORATION
EIN 13-1834433ManufacturingLatest filing 2024
Plans
7
Retirement
3
$11.74B assets
Welfare
4
$38.0M premiums
Participants
89,021
ONE HEALTH PLAZA - EAST HANOVER, NJ 07936862-778-8300
Retirement portfolio analytics
3 plans aggregated / $11.74B assets / 38,914 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
4 plans / $38.0M premiums / 24,838 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Dental$16.5M
- Life$13.4M
- Other$13.2M
- Vision$3.1M
- Health$3.1M
- Short-term disability$909K
- +1 more
Carrier market share
Premium dollars by Schedule A carrier
81%top
- METROPOLITAN LIFE INSURANCE COMPANY81%
- VISION SERVICE PLAN8%
- KAISER FOUNDATION HEALTH PLAN INC7%
- PRUDENTIAL INSURANCE COMPANY OF AMERICA2%
- TRIPLE S SALUD, INC.0%
- +2 more
Broker market share
Schedule A broker compensation
53%top
- IGBS CORPORATION53%
- MERCER HEALTH AND BENEFITS, LLC40%
- ALIGHT SOLUTIONS5%
- AON CONSULTING INC2%
- ZURICH AGENCY SERVICES0%
- +1 more
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#055
NOVARTIS CORPORATION INVESTMENT SAVINGS PLAN
401k
Assets$9.91B
Participants23,877
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION
CashBalance
Assets$1.77B
Participants14,555
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#057
RETIREMENT PLAN FOR PRIOR ALCON EMPLOYEES
MoneyPurchase
Assets$57.2M
Participants482
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#540
NOVARTIS CORPORATION WELFARE BENEFIT PLAN
Fully Insured - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$35.9M
Covered lives23,886
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#541
NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFITS PLAN
Mixed - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$2.1M
Covered lives952
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#542
NOVARTIS CORPORATION DEATH BENEFIT AND DISABILITY PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#543
NOVARTIS CORPORATION SEVERANCE PAY PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 055 | NOVARTIS CORPORATION INVESTMENT SAVINGS PLAN | 401k | $9.91B | 23,877 | 2024 | |
| 001 | PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION | CashBalance | $1.77B | 14,555 | 2024 | |
| 057 | RETIREMENT PLAN FOR PRIOR ALCON EMPLOYEES | MoneyPurchase | $57.2M | 482 | 2024 |
Welfare plans4
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 540 | NOVARTIS CORPORATION WELFARE BENEFIT PLAN | Fully Insured | METROPOLITAN LIFE INSURANCE COMPANY | $35.9M | 23,886 | 2024 | |
| 541 | NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFITS PLAN | Mixed | METROPOLITAN LIFE INSURANCE COMPANY | $2.1M | 952 | 2024 | |
| 542 | NOVARTIS CORPORATION DEATH BENEFIT AND DISABILITY PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 543 | NOVARTIS CORPORATION SEVERANCE PAY PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans