Defined Benefit (Pension) · DOL Form 5500 · 2022
Novartis Corporation Pension Plan
Data updated 2026-08-11
- $2.0B
- Total assets
- 2,325
- Participants
- 99th
- Percentile by assets
- $851,287
- Avg per participant
Official DOL plan name: Pension Plan for Salaried Employees of Novartis Corporation · Sponsored by Novartis Corporation · New Jersey · Manufacturing
$2.0B in assets, 2,325 participants
Novartis Corporation's Pension Plan for Salaried Employees of Novartis Corporation reported $2.0B in total assets and 2,325 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,126 plans)
- #20,379 in Manufacturing (20,602 peers)
Coverage in New Jersey
Pension Plan for Salaried Employees of Novartis Corporation covers 2,325 participants in New Jersey, 2.8x the typical New Jersey plan (state average ~844 per filing). Assets: $2.0B.
- $2.0B
- total plan assets (2022 EOY)
- 2,325
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $851,287
- avg assets per participant
The plan reported a net loss of $566M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Pension Plan for Salaried Employees of Novartis Corporation reports 2,325 participants - 2.8x that state average ($2.0B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$566M |
| Employer EIN | 131834433 |
| Plan Effective Date | 1957-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novartis Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 17,007 | $10.5B |
| 2023 | 3 | 16,396 | $11.6B |
| 2024 | 3 | 13,953 | $11.7B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pension Plan for Salaried Employees of Novartis Corporation vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pension Plan for Salaried Employees of Novartis Corporation by total assets, not by location.
- Conagra Brands, Inc. Pension Plan (IL) $2.0B · 1,906
- Yale University Retirement Plan for Staff Employees (CT) $2.0B · 7,460
- The National Football League Club Employees Pension Plan (MD) $2.0B · 4,995
- Marathon Petroleum Retirement Plan (OH) $2.0B · 17,390
Frequently Asked Questions
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How have Novartis Corporation plan assets changed over time? ▼
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Filing takeaways
Ways to act on Pension Plan for Salaried Employees of Novartis Corporation's numbers.
- By total assets, Pension Plan for Salaried Employees of Novartis Corporation ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Novartis Corporation's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans