Money Purchase · DOL Form 5500 · 2023

Novartis Corporation Money Purchase Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
286
Participants Below avg headcount
87th
Percentile by assets National rank
$208,865
Avg per participant Above avg balance/head
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Official DOL plan name: Retirement Plan for Prior Alcon Employees · Sponsored by Novartis Corporation · New Jersey · Manufacturing

$60M in assets, 286 participants

Novartis Corporation's Retirement Plan for Prior Alcon Employees reported $60M in total assets and 286 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,234 in Manufacturing (18,722 peers)

Coverage in New Jersey

Retirement Plan for Prior Alcon Employees covers 286 participants in New Jersey, about 34% of the average New Jersey filer (state average ~844 per filing). Assets: $60M.

#15,234
in Manufacturing (18,722 peers)
+0.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Retirement Plan for Prior Alcon Employees's outsized position by total assets

Retirement Plan for Prior Alcon Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$59,735,299 Top 13% higher than 87% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Retirement Plan for Prior Alcon Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Prior Alcon Employees sits mid-pack in the medium band (286 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Prior Alcon Employees reported net income rose from -$14M in the plan year 2022 filing to $30K in the plan year 2023 filing.
  • Retirement Plan for Prior Alcon Employees reported participants fell from 332 in the plan year 2022 filing to 286 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131834433 · Novartis Corporation PY 2023 · Money Purchase

Retirement Plan for Prior Alcon Employees · $60M · 286 · 87th

  • ASSETS $60M
  • ASSETS 286
  • ASSETS 87th
  • ASSETS Money Purchase
  • ASSETS near University Athletic Association, Inc. Employees' Money Purchase Pension
  • ASSETS ind #15234

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in New Jersey →

Retirement Plan for Prior Alcon Employees in the asset neighbourhood

National Hockey League Officials Pension PlanNational Hockey League Offic…$61MUniversity Athletic Association, Inc. Employees' Money Purchase PensionUniversity Athletic Associat…$60MRetirement Plan for Prior Alcon EmployeesRetirement Plan for Prior Al…$60MThe Excelsior University Retirement PlanThe Excelsior University Ret…$59MAmerican Mathematical Society Retirement PlanAmerican Mathematical Societ…$59M
End-of-year total assets ($M) among Retirement Plan for Prior Alcon Employees and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$60M
Net Income$30K
Employer EIN131834433
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novartis Corporation)

Sponsor-wide plan assets over time

All Novartis Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$11.7B 12.037508502073123% vs 2022
2024 filing year
$10B$10.5B$11B$11.5B$12B 202220232024 $10.5B $11.7B ▲ +12.0%
Year Plans Participants Total Assets
2022 3 17,007 $10.5B
2023 3 16,396 $11.6B
2024 3 13,953 $11.7B

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Retirement Plan for Prior Alcon Employees vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000 02004006008001000 Total assets ($M) Participants Retirement Plan for Prior Alcon Employees, Total assets ($M): 59.735299 · Participants: 286Retirement Plan for Prior Alcon EmployeesLocal 68 Engineers Union Annuity Plan, Total assets ($M): 919.004157 · Participants: 5196Local 68 Engineers Union Annuity PlanNysa-Ila Money Purchase Pension Fund and Plan, Total assets ($M): 787.160185 · Participants: 4634Nysa-Ila Money Purchase Pension Fund and PlanEducational Testing Service 401(a) Retirement Plan, Total assets ($M): 577.237524 · Participants: 3310Educational Testing Service 401(a) Retirement PlanIronworkers Local 11 Annuity Fund, Total assets ($M): 375.482782 · Participants: 1159Ironworkers Local 11 Annuity FundPlumbers & Pipefitters Local 9 Surety Plan, Total assets ($M): 287.464744 · Participants: 2179Plumbers & Pipefitters Local 9 Surety Plan
Retirement Plan for Prior Alcon Employees vs. nearby Money Purchase plans in New Jersey, assets vs. participants
Compare Retirement Plan for Prior Alcon Employees side-by-side with 3 peers →

Retirement Plan for Prior Alcon Employees's out-of-state Money Purchase peers by assets and headcount

Outside New Jersey, the nearest Money Purchase by assets is University Athletic Association, Inc. Employees' Money Purchase Pension in FL ($60M); by covered participants it is Associated General Contractors of America, San Diego Chapter, Inc. Retirement Trust Fund Employee Pension Benefit Plan in CA (286 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Plan for Prior Alcon Employees assets move in 2023? ▼
Retirement Plan for Prior Alcon Employees held essentially flat - up 0.1% during 2023, from $60M to $60M. Reported net income was $30K.
How have Novartis Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novartis Corporation's sponsor-wide assets grew 12.0%, from $10.5B to $11.7B.
Where does Retirement Plan for Prior Alcon Employees rank by assets among Form 5500 filers? ▼
Retirement Plan for Prior Alcon Employees ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Retirement Plan for Prior Alcon Employees? ▼
Among Money Purchase plans in other states, the closest by assets is University Athletic Association, Inc. Employees' Money Purchase Pension in FL ($60M, 304 participants).
Which Money Purchase plans cover a similar participant headcount to Retirement Plan for Prior Alcon Employees? ▼
Among Money Purchase plans in other states, the closest by covered participants is Associated General Contractors of America, San Diego Chapter, Inc. Retirement Trust Fund Employee Pension Benefit Plan in CA (286 participants, $23M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131834433.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.