Money Purchase · DOL Form 5500 · 2024
Novartis Corporation Money Purchase Plan
Data updated 2026-08-11
- $57M
- Total assets
- 174
- Participants
- 86th
- Percentile by assets
- $328,727
- Avg per participant
Official DOL plan name: Retirement Plan for Prior Alcon Employees · Sponsored by Novartis Corporation · New Jersey · Manufacturing
$57M in assets, 174 participants
Novartis Corporation's Retirement Plan for Prior Alcon Employees reported $57M in total assets and 174 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 123,622 plans)
- #14,125 in Manufacturing (17,777 peers)
Coverage in New Jersey
Retirement Plan for Prior Alcon Employees covers 174 participants in New Jersey, about 21% of the average New Jersey filer (state average ~844 per filing). Assets: $57M.
- $57M
- total plan assets (2024 EOY)
- 174
- covered participants
- 86th
- percentile by assets (of 123,622 plans)
- $328,727
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Retirement Plan for Prior Alcon Employees sits by total assets
Retirement Plan for Prior Alcon Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$57,198,508 Top 14% higher than 86% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Retirement Plan for Prior Alcon Employees reported net income fell from $30K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Retirement Plan for Prior Alcon Employees reported participants fell from 286 in the plan year 2023 filing to 174 in the plan year 2024 filing.
- Retirement Plan for Prior Alcon Employees end-of-year assets fell from $60M in the plan year 2023 filing to $57M in the plan year 2024 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Retirement Plan for Prior Alcon Employees reports 174 participants - about 21% of that state average ($57M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $60M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | -$2M |
| Employer EIN | 131834433 |
| Plan Effective Date | 2005-01-01 |
| 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 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
- Princeton University Retirement Plan $2.4B · 8,833
- Local 68 Engineers Union Annuity Plan $971M · 5,385
- Nysa-Ila Money Purchase Pension Fund and Plan $936M · 4,689
- Educational Testing Service 401(a) Retirement Plan $593M · 3,097
- Ironworkers Local 11 Annuity Fund $395M · 1,148
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Retirement Plan for Prior Alcon Employees by total assets, not by location.
- Nfl Players Association Money Purchase Pension Plan and Trust (DC) $57M · 99
- Tootsie Roll Industries, LLC Employees Pension (IL) $58M · 203
- National Hockey League Pension Plan for United States Off Ice Employees (NY) $57M · 264
- Plumbers & Steamfitters Union Local No. 10 Individual Account Plan (TN) $58M · 1,379
Frequently Asked Questions
How did Retirement Plan for Prior Alcon Employees assets move in 2024? ▼
How have Novartis Corporation plan assets changed over time? ▼
Where does Retirement Plan for Prior Alcon Employees rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Retirement Plan for Prior Alcon Employees? ▼
Next read for Retirement Plan for Prior Alcon Employee…
Filing takeaways
Ways to act on Retirement Plan for Prior Alcon Employees's numbers.
- By total assets, Retirement Plan for Prior Alcon Employees ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase 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