Defined Benefit (Pension) · DOL Form 5500 · 2023
Novartis Corporation Pension Plan
Data updated 2026-08-25
- $2.0B
- Total assets Very large vs avg
- 2,123
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $934,812
- Avg per participant High balance/head
Official DOL plan name: Pension Plan for Salaried Employees of Novartis Corporation · Sponsored by Novartis Corporation · New Jersey · Manufacturing
$2.0B in assets, 2,123 participants
Novartis Corporation's Pension Plan for Salaried Employees of Novartis Corporation reported $2.0B in total assets and 2,123 participants in its 2023 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.
- #18,478 in Manufacturing (18,722 peers)
Coverage in New Jersey
Pension Plan for Salaried Employees of Novartis Corporation covers 2,123 participants in New Jersey, 2.5x the typical New Jersey plan (state average ~844 per filing). Assets: $2.0B.
- #18,478
- in Manufacturing (18,722 peers)
- +0.3%
- assets growth YoY
- 20×
- vs typical plan assets (national mean)
Pension Plan for Salaried Employees of Novartis Corporation's outsized position by total assets
Pension Plan for Salaried Employees of Novartis Corporation vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,984,605,202 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Pension Plan for Salaried Employees of Novartis Corporation's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Salaried Employees of Novartis Corporation lands in the large band (2,123 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Plan for Salaried Employees of Novartis Corporation reported net income rose from -$566M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Pension Plan for Salaried Employees of Novartis Corporation reported participants fell from 2,325 in the plan year 2022 filing to 2,123 in the plan year 2023 filing.
- Pension Plan for Salaried Employees of Novartis Corporation end-of-year assets rose from $2.0B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 131834433 · Novartis Corporation PY 2023 · Defined Benefit (Pension)
Pension Plan for Salaried Employees of Novartis Corporation · $2.0B · 2,123 · 99th
- PCT $2.0B
- EIN 2,123
- RANK 99th
- PHOTO Defined Benefit (Pension)
- IND near John Hancock Pension Plan
- EOY ind #18478
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 →
Pension Plan for Salaried Employees of Novartis Corporation in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | $5M |
| Employer EIN | 131834433 |
| Plan Effective Date | 1957-01-01 |
| Filing Status | FILING 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
| 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.
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Pension Plan for Salaried Employees of Novartis Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New Jersey, the nearest Defined Benefit (Pension) by assets is John Hancock Pension Plan in MA ($2.0B); by covered participants it is The General Pension Plan of the International Union of Operating Engineers in DC (2,125 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.0B here).
- John Hancock Pension Plan (MA) $2.0B · 5,302
- Whirlpool Tammy Employees Pension Plan (MI) $2.0B · 4,572
- National Roofing Industry Pension Fund (MN) $2.0B · 13,093
- Cbs Combined Pension Plan (NY) $2.0B · 1,568
Similar participant headcount
Nearest other-state filings by covered participants (2,123 participants); asset peers above are excluded.
- The General Pension Plan of the International Union of Operating Engineers (DC) 2,125 · 2 off
- Indiana Electrical Workers Pension Plan (IN) 2,120 · 3 off
- Medamerica Retirement Plan for Cep Physicians (CA) 2,119 · 4 off
- Cablevision Cash Balance Pension Plan (NY) 2,116 · 7 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.