Defined Benefit (Pension) · DOL Form 5500 · 2024
Novartis Corporation Pension Plan
Data updated 2026-08-25
- $1.8B
- Total assets Very large vs avg
- 1,562
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $1.1M
- 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
$1.8B in assets, 1,562 participants
Novartis Corporation's Pension Plan for Salaried Employees of Novartis Corporation reported $1.8B in total assets and 1,562 participants in its 2024 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.
- #17,493 in Manufacturing (17,777 peers)
Where Pension Plan for Salaried Employees of Novartis Corporation sits by assets
Pension Plan for Salaried Employees of Novartis Corporation sits among the largest 1% of all filed plans, $1.8B for 1,562 participants (~$1.1M/participant), down 10.8% in 2024.
- #17,493
- in Manufacturing (17,777 peers)
- -10.8%
- assets change YoY
- 18×
- vs typical plan assets (national mean)
The plan reported a net loss of $64M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
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 2024 · DOL Form 5500
$1,770,844,004 Top 1% higher than 99% 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
Pension Plan for Salaried Employees of Novartis Corporation's large-plan peer group by participant headcount
Plan-year 2024 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 (1,562 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan for Salaried Employees of Novartis Corporation reported net income fell from $5M in the plan year 2023 filing to -$64M in the plan year 2024 filing.
- Pension Plan for Salaried Employees of Novartis Corporation reported participants fell from 2,123 in the plan year 2023 filing to 1,562 in the plan year 2024 filing.
- Pension Plan for Salaried Employees of Novartis Corporation end-of-year assets fell from $2.0B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
DOL schedule card
Filing strip 131834433 · Novartis Corporation PY 2024 · Defined Benefit (Pension)
Pension Plan for Salaried Employees of Novartis Corporation · $1.8B · 1,562 · 99th
- EIN $1.8B
- RANK 1,562
- PHOTO 99th
- IND Defined Benefit (Pension)
- EOY near Entergy Corporation Retirement Plan for Non-Bargaining Employees
- 5500 ind #17493
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
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | -$64M |
| 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 $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
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 Entergy Corporation Retirement Plan for Non-Bargaining Employees in LA ($1.8B); by covered participants it is Rio Tinto America Inc. Retirement Plan in UT (1,564 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.8B here).
- Entergy Corporation Retirement Plan for Non-Bargaining Employees (LA) $1.8B · 6,385
- Gciu - Employer Retirement Benefit Plan (WA) $1.8B · 1,253
- Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund (MI) $1.8B · 5,712
- Whirlpool Tammy Employees Pension Plan (MI) $1.7B · 4,233
Similar participant headcount
Nearest other-state filings by covered participants (1,562 participants); asset peers above are excluded.
- Rio Tinto America Inc. Retirement Plan (UT) 1,564 · 2 off
- The Dierbergs Market, Inc and Local 655 Variable Annuity Plan (MO) 1,566 · 4 off
- Shelter Insurance Employees Retirement Plan (MO) 1,558 · 4 off
- Laborers Local Union No. 158 Pension Plan (PA) 1,558 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.