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PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 401k Plan overview

Plan NamePENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION
Plan identification number 001

PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

NOVARTIS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:NOVARTIS CORPORATION
Employer identification number (EIN):131834433

Additional information about NOVARTIS CORPORATION

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1966-11-15
Company Identification Number: 203887
Legal Registered Office Address: 251 Little Falls Drive
New York
Wilmington
United States of America (USA)
19808

More information about NOVARTIS CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012019-01-01
0012019-01-01
0012019-01-01
0012018-01-01
0012017-01-01DANIEL COLUMBUS
0012016-01-01DANIEL COLUMBUS
0012015-01-01DANIEL COLUMBUS
0012014-01-01DANIEL COLUMBUS
0012013-01-01DANIEL COLUMBUS
0012012-01-01DANIEL COLUMBUS
0012011-01-01WILLIAM A. FLANNERY, EXEC DIRECTOR
0012009-01-01WILLIAM A. FLANNERY, EXEC DIRECTOR

Plan Statistics for PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION

401k plan membership statisitcs for PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION

Measure Date Value
2022: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2022 401k membership
Market value of plan assets2022-12-312,544,446,565
Acturial value of plan assets2022-12-312,421,663,025
Funding target for retired participants and beneficiaries receiving payment2022-12-311,004,691,369
Number of terminated vested participants2022-12-319,030
Fundng target for terminated vested participants2022-12-31829,796,193
Active participant vested funding target2022-12-31381,016,646
Number of active participants2022-12-312,325
Total funding liabilities for active participants2022-12-31381,016,646
Total participant count2022-12-3117,775
Total funding target for all participants2022-12-312,215,504,208
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31141,593,941
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-3121,080,281
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31120,513,660
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31130,516,294
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Liquidity shortfalls end of Q12022-12-310
Liquidity shortfalls end of Q22022-12-310
Liquidity shortfalls end of Q32022-12-310
Liquidity shortfalls end of Q42022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-3119,767,916
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-317,100,000
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-0117,775
Total number of active participants reported on line 7a of the Form 55002022-01-012,123
Number of retired or separated participants receiving benefits2022-01-015,429
Number of other retired or separated participants entitled to future benefits2022-01-018,479
Total of all active and inactive participants2022-01-0116,031
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01960
Total participants2022-01-0116,991
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2021 401k membership
Market value of plan assets2021-12-312,510,036,323
Acturial value of plan assets2021-12-312,268,432,781
Funding target for retired participants and beneficiaries receiving payment2021-12-31973,117,423
Number of terminated vested participants2021-12-319,375
Fundng target for terminated vested participants2021-12-31819,270,548
Active participant vested funding target2021-12-31398,847,401
Number of active participants2021-12-312,616
Total funding liabilities for active participants2021-12-31400,380,071
Total participant count2021-12-3118,241
Total funding target for all participants2021-12-312,192,768,042
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31105,123,347
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31105,123,347
Present value of excess contributions2021-12-3120,289,914
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3121,448,468
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3121,448,468
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31141,593,941
Total employer contributions2021-12-317,354,662
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-317,256,934
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3120,883,014
Net shortfall amortization installment of oustanding balance2021-12-3165,929,202
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3128,337,215
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-3121,080,281
Additional cash requirement2021-12-317,256,934
Contributions allocatedtoward minimum required contributions for current year2021-12-317,256,934
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-0118,241
Total number of active participants reported on line 7a of the Form 55002021-01-012,325
Number of retired or separated participants receiving benefits2021-01-015,396
Number of other retired or separated participants entitled to future benefits2021-01-019,030
Total of all active and inactive participants2021-01-0116,751
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011,024
Total participants2021-01-0117,775
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2020 401k membership
Market value of plan assets2020-12-312,306,255,680
Acturial value of plan assets2020-12-312,186,366,920
Funding target for retired participants and beneficiaries receiving payment2020-12-31955,269,534
Number of terminated vested participants2020-12-319,839
Fundng target for terminated vested participants2020-12-31823,668,404
Active participant vested funding target2020-12-31412,218,900
Number of active participants2020-12-312,850
Total funding liabilities for active participants2020-12-31413,880,370
Total participant count2020-12-3118,896
Total funding target for all participants2020-12-312,192,818,308
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31125,473,984
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3138,256,406
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3187,217,578
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31105,123,347
Total employer contributions2020-12-3153,533,296
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3151,638,220
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3120,119,815
Net shortfall amortization installment of oustanding balance2020-12-31111,574,735
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3131,348,306
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-3131,348,306
Contributions allocatedtoward minimum required contributions for current year2020-12-3151,638,220
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-0118,896
Total number of active participants reported on line 7a of the Form 55002020-01-012,616
Number of retired or separated participants receiving benefits2020-01-015,254
Number of other retired or separated participants entitled to future benefits2020-01-019,375
Total of all active and inactive participants2020-01-0117,245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01996
Total participants2020-01-0118,241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2019 401k membership
Market value of plan assets2019-12-312,158,571,691
Acturial value of plan assets2019-12-312,275,414,768
Funding target for retired participants and beneficiaries receiving payment2019-12-31981,440,051
Number of terminated vested participants2019-12-3111,084
Fundng target for terminated vested participants2019-12-31858,569,205
Active participant vested funding target2019-12-31495,284,532
Number of active participants2019-12-313,782
Total funding liabilities for active participants2019-12-31495,796,683
Total participant count2019-12-3120,846
Total funding target for all participants2019-12-312,335,805,939
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31197,023,190
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3159,015,490
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31138,007,700
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31130,389,675
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3122,115,990
Net shortfall amortization installment of oustanding balance2019-12-31190,780,846
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3176,282,627
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3176,282,627
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0120,846
Total number of active participants reported on line 7a of the Form 55002019-01-012,850
Number of retired or separated participants receiving benefits2019-01-015,215
Number of other retired or separated participants entitled to future benefits2019-01-019,839
Total of all active and inactive participants2019-01-0117,904
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01992
Total participants2019-01-0118,896
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2018 401k membership
Market value of plan assets2018-12-312,496,579,812
Acturial value of plan assets2018-12-312,365,469,657
Funding target for retired participants and beneficiaries receiving payment2018-12-31945,610,410
Number of terminated vested participants2018-12-3112,476
Fundng target for terminated vested participants2018-12-31944,926,879
Active participant vested funding target2018-12-31545,376,517
Number of active participants2018-12-314,109
Total funding liabilities for active participants2018-12-31546,992,133
Total participant count2018-12-3122,366
Total funding target for all participants2018-12-312,437,529,422
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3158,481,021
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-3154,200,000
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-314,281,021
Present value of excess contributions2018-12-31177,091,411
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31192,121,849
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-31192,121,849
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31197,023,190
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3124,181,132
Net shortfall amortization installment of oustanding balance2018-12-31269,082,955
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3159,015,490
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3159,015,490
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-0122,366
Total number of active participants reported on line 7a of the Form 55002018-01-013,782
Number of retired or separated participants receiving benefits2018-01-015,275
Number of other retired or separated participants entitled to future benefits2018-01-0111,084
Total of all active and inactive participants2018-01-0120,141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01705
Total participants2018-01-0120,846
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2017 401k membership
Market value of plan assets2017-12-312,288,478,143
Acturial value of plan assets2017-12-312,321,532,966
Funding target for retired participants and beneficiaries receiving payment2017-12-31947,498,777
Number of terminated vested participants2017-12-3114,533
Fundng target for terminated vested participants2017-12-31902,124,381
Active participant vested funding target2017-12-31576,064,951
Number of active participants2017-12-314,494
Total funding liabilities for active participants2017-12-31577,824,710
Total participant count2017-12-3126,444
Total funding target for all participants2017-12-312,427,447,868
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31158,693,683
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-31104,043,631
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-3154,650,052
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-3158,481,021
Total employer contributions2017-12-31200,000,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31185,652,992
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3127,160,135
Net shortfall amortization installment of oustanding balance2017-12-31164,395,923
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3162,761,581
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-3154,200,000
Additional cash requirement2017-12-318,561,581
Contributions allocatedtoward minimum required contributions for current year2017-12-31185,652,992
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-0126,444
Total number of active participants reported on line 7a of the Form 55002017-01-014,109
Number of retired or separated participants receiving benefits2017-01-015,120
Number of other retired or separated participants entitled to future benefits2017-01-0112,476
Total of all active and inactive participants2017-01-0121,705
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-01661
Total participants2017-01-0122,366
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2016 401k membership
Market value of plan assets2016-12-312,355,747,285
Acturial value of plan assets2016-12-312,461,915,346
Funding target for retired participants and beneficiaries receiving payment2016-12-31973,272,108
Number of terminated vested participants2016-12-3114,534
Fundng target for terminated vested participants2016-12-31820,677,380
Active participant vested funding target2016-12-31628,027,894
Number of active participants2016-12-315,235
Total funding liabilities for active participants2016-12-31630,435,275
Total participant count2016-12-3130,220
Total funding target for all participants2016-12-312,424,384,763
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31243,440,577
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-3184,857,902
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31158,582,675
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31158,693,683
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3131,472,214
Net shortfall amortization installment of oustanding balance2016-12-31121,163,100
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31104,043,631
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-31104,043,631
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-0130,220
Total number of active participants reported on line 7a of the Form 55002016-01-014,494
Number of retired or separated participants receiving benefits2016-01-016,570
Number of other retired or separated participants entitled to future benefits2016-01-0114,533
Total of all active and inactive participants2016-01-0125,597
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-01847
Total participants2016-01-0126,444
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011
2015: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2015 401k membership
Total participants, beginning-of-year2015-01-0130,806
Total number of active participants reported on line 7a of the Form 55002015-01-015,235
Number of retired or separated participants receiving benefits2015-01-018,964
Number of other retired or separated participants entitled to future benefits2015-01-0114,534
Total of all active and inactive participants2015-01-0128,733
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011,487
Total participants2015-01-0130,220
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0112
2014: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2014 401k membership
Total participants, beginning-of-year2014-01-0131,591
Total number of active participants reported on line 7a of the Form 55002014-01-016,135
Number of retired or separated participants receiving benefits2014-01-018,774
Number of other retired or separated participants entitled to future benefits2014-01-0114,452
Total of all active and inactive participants2014-01-0129,361
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011,445
Total participants2014-01-0130,806
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0124
2013: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2013 401k membership
Total participants, beginning-of-year2013-01-0130,786
Total number of active participants reported on line 7a of the Form 55002013-01-016,574
Number of retired or separated participants receiving benefits2013-01-018,306
Number of other retired or separated participants entitled to future benefits2013-01-0113,784
Total of all active and inactive participants2013-01-0128,664
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011,383
Total participants2013-01-0130,047
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2012 401k membership
Total participants, beginning-of-year2012-01-0131,299
Total number of active participants reported on line 7a of the Form 55002012-01-017,225
Number of retired or separated participants receiving benefits2012-01-018,140
Number of other retired or separated participants entitled to future benefits2012-01-0114,152
Total of all active and inactive participants2012-01-0129,517
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011,269
Total participants2012-01-0130,786
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2011 401k membership
Total participants, beginning-of-year2011-01-0131,983
Total number of active participants reported on line 7a of the Form 55002011-01-018,955
Number of retired or separated participants receiving benefits2011-01-017,941
Number of other retired or separated participants entitled to future benefits2011-01-0113,177
Total of all active and inactive participants2011-01-0130,073
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011,226
Total participants2011-01-0131,299
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2009 401k membership
Total participants, beginning-of-year2009-01-0133,128
Total number of active participants reported on line 7a of the Form 55002009-01-0111,322
Number of retired or separated participants receiving benefits2009-01-017,694
Number of other retired or separated participants entitled to future benefits2009-01-0112,371
Total of all active and inactive participants2009-01-0131,387
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011,121
Total participants2009-01-0132,508
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION

Measure Date Value
2022 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-393,681,460
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$172,003,001
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$172,003,001
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$1,979,243,383
Value of total assets at beginning of year2022-12-31$2,544,927,844
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$0
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$7,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Participant contributions at end of year2022-12-31$466,727
Participant contributions at beginning of year2022-12-31$481,279
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-565,684,461
Value of net assets at end of year (total assets less liabilities)2022-12-31$1,979,243,383
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$2,544,927,844
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in master investment trust accounts at end of year2022-12-31$1,978,776,656
Value of interest in master investment trust accounts at beginning of year2022-12-31$2,544,446,565
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$172,003,001
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31COHNREZNICK, LLP
Accountancy firm EIN2022-12-31221478099
2021 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$194,642,653
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$160,252,687
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$160,252,687
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$7,354,662
Value of total assets at end of year2021-12-31$2,544,927,844
Value of total assets at beginning of year2021-12-31$2,510,537,878
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$0
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$7,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Participant contributions at end of year2021-12-31$481,279
Participant contributions at beginning of year2021-12-31$501,555
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$34,389,966
Value of net assets at end of year (total assets less liabilities)2021-12-31$2,544,927,844
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,510,537,878
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in master investment trust accounts at end of year2021-12-31$2,544,446,565
Value of interest in master investment trust accounts at beginning of year2021-12-31$2,510,036,323
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$7,354,662
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$160,252,687
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31COHNREZNICK, LLP
Accountancy firm EIN2021-12-31221478099
2020 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets from this plan2020-12-31$89,941,235
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$358,790,522
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$155,380,909
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$155,380,909
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$53,533,296
Value of total assets at end of year2020-12-31$2,510,537,878
Value of total assets at beginning of year2020-12-31$2,397,069,500
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$0
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$7,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Participant contributions at end of year2020-12-31$501,555
Participant contributions at beginning of year2020-12-31$523,939
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$203,409,613
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,510,537,878
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,397,069,500
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in master investment trust accounts at end of year2020-12-31$2,510,036,323
Value of interest in master investment trust accounts at beginning of year2020-12-31$2,396,545,561
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$305,257,226
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$53,533,296
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$155,380,909
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31COHNREZNICK, LLP
Accountancy firm EIN2020-12-31221478099
2019 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$408,412,563
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$170,466,983
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$170,466,983
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$170,466,983
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Value of total assets at end of year2019-12-31$2,397,069,500
Value of total assets at end of year2019-12-31$2,397,069,500
Value of total assets at beginning of year2019-12-31$2,159,123,920
Value of total assets at beginning of year2019-12-31$2,159,123,920
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$0
Total interest from all sources2019-12-31$0
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$7,000,000
Value of fidelity bond cover2019-12-31$7,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Participant contributions at end of year2019-12-31$523,939
Participant contributions at end of year2019-12-31$523,939
Participant contributions at beginning of year2019-12-31$552,229
Participant contributions at beginning of year2019-12-31$552,229
Other income not declared elsewhere2019-12-31$-140,937
Other income not declared elsewhere2019-12-31$-140,937
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$237,945,580
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,397,069,500
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,397,069,500
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,159,123,920
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,159,123,920
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in master investment trust accounts at end of year2019-12-31$2,396,545,561
Value of interest in master investment trust accounts at end of year2019-12-31$2,396,545,561
Value of interest in master investment trust accounts at beginning of year2019-12-31$2,158,571,691
Value of interest in master investment trust accounts at beginning of year2019-12-31$2,158,571,691
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$170,466,983
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$170,466,983
Did the plan have assets held for investment2019-12-31No
Did the plan have assets held for investment2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31COHNREZNICK, LLP
Accountancy firm name2019-12-31COHNREZNICK, LLP
Accountancy firm EIN2019-12-31221478099
2018 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-143,444,516
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$198,392,620
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$198,392,620
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$2,159,123,920
Value of total assets at beginning of year2018-12-31$2,500,961,056
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$0
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$7,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Participant contributions at end of year2018-12-31$552,229
Participant contributions at beginning of year2018-12-31$592,176
Other income not declared elsewhere2018-12-31$127,983
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-341,837,136
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,159,123,920
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$2,500,961,056
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in master investment trust accounts at end of year2018-12-31$2,158,571,691
Value of interest in master investment trust accounts at beginning of year2018-12-31$2,400,368,880
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$100,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$198,392,620
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31COHNREZNICK, LLP
Accountancy firm EIN2018-12-31221478099
2017 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$498,560,690
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$286,691,636
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$286,691,636
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$200,000,000
Value of total assets at end of year2017-12-31$2,500,961,056
Value of total assets at beginning of year2017-12-31$2,289,092,002
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$0
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$7,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Participant contributions at end of year2017-12-31$592,176
Participant contributions at beginning of year2017-12-31$613,859
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$211,869,054
Value of net assets at end of year (total assets less liabilities)2017-12-31$2,500,961,056
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$2,289,092,002
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in master investment trust accounts at end of year2017-12-31$2,400,368,880
Value of interest in master investment trust accounts at beginning of year2017-12-31$2,288,478,143
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$97,983,745
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$200,000,000
Employer contributions (assets) at end of year2017-12-31$100,000,000
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$188,707,891
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31COHNREZNICK, LLP
Accountancy firm EIN2017-12-31221478099
2016 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$139,475,150
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$206,800,309
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$206,800,309
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$0
Value of total assets at end of year2016-12-31$2,289,092,002
Value of total assets at beginning of year2016-12-31$2,356,417,161
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$0
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$7,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Participant contributions at end of year2016-12-31$613,859
Participant contributions at beginning of year2016-12-31$669,876
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-67,325,159
Value of net assets at end of year (total assets less liabilities)2016-12-31$2,289,092,002
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$2,356,417,161
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in master investment trust accounts at end of year2016-12-31$2,288,478,143
Value of interest in master investment trust accounts at beginning of year2016-12-31$2,355,747,285
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$61,778,920
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$145,021,389
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31COHNREZNICK, LLP
Accountancy firm EIN2016-12-31221478099
2015 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$-16,796,441
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$155,218,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$155,218,604
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$0
Value of total assets at end of year2015-12-31$2,356,417,161
Value of total assets at beginning of year2015-12-31$2,528,432,206
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$0
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$7,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Participant contributions at end of year2015-12-31$669,876
Participant contributions at beginning of year2015-12-31$734,629
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-172,015,045
Value of net assets at end of year (total assets less liabilities)2015-12-31$2,356,417,161
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,528,432,206
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in master investment trust accounts at end of year2015-12-31$2,355,747,285
Value of interest in master investment trust accounts at beginning of year2015-12-31$2,527,697,577
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$155,218,604
Did the plan have assets held for investment2015-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31COHNREZNICK, LLP
Accountancy firm EIN2015-12-31221478099
2014 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$148,718
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$164,835,277
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$166,143,954
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$166,143,954
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$32,000,000
Value of total assets at end of year2014-12-31$2,528,432,206
Value of total assets at beginning of year2014-12-31$2,529,592,165
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$0
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$20,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Participant contributions at end of year2014-12-31$734,629
Participant contributions at beginning of year2014-12-31$811,810
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$97,388,053
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-1,308,677
Value of net assets at end of year (total assets less liabilities)2014-12-31$2,528,432,206
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,529,592,165
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in master investment trust accounts at end of year2014-12-31$2,527,697,577
Value of interest in master investment trust accounts at beginning of year2014-12-31$2,367,392,302
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$32,000,000
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$64,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$166,143,954
Did the plan have assets held for investment2014-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31COHNREZNICK, LLP
Accountancy firm EIN2014-12-31221478099
2013 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets to this plan2013-12-31$97,388,053
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$353,464,068
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$147,910,588
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$147,910,588
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$112,000,000
Value of total assets at end of year2013-12-31$2,529,592,165
Value of total assets at beginning of year2013-12-31$2,226,650,632
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$0
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$20,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Participant contributions at end of year2013-12-31$811,810
Participant contributions at beginning of year2013-12-31$903,376
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$97,388,053
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$205,553,480
Value of net assets at end of year (total assets less liabilities)2013-12-31$2,529,592,165
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,226,650,632
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in master investment trust accounts at end of year2013-12-31$2,367,392,302
Value of interest in master investment trust accounts at beginning of year2013-12-31$2,129,747,256
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$112,000,000
Employer contributions (assets) at end of year2013-12-31$64,000,000
Employer contributions (assets) at beginning of year2013-12-31$96,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$147,910,588
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31COHNREZNICK, LLP
Accountancy firm EIN2013-12-31221478099
2012 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$347,382,497
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$158,901,242
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$158,901,242
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$144,000,000
Value of total assets at end of year2012-12-31$2,226,650,632
Value of total assets at beginning of year2012-12-31$2,038,169,377
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$0
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$25,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Participant contributions at end of year2012-12-31$903,376
Participant contributions at beginning of year2012-12-31$1,009,665
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$188,481,255
Value of net assets at end of year (total assets less liabilities)2012-12-31$2,226,650,632
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$2,038,169,377
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in master investment trust accounts at end of year2012-12-31$2,129,747,256
Value of interest in master investment trust accounts at beginning of year2012-12-31$1,941,159,712
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$144,000,000
Employer contributions (assets) at end of year2012-12-31$96,000,000
Employer contributions (assets) at beginning of year2012-12-31$96,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$158,901,242
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31COHNREZNICK, LLP
Accountancy firm EIN2012-12-31221478099
2011 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$153,969,374
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$142,741,288
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$142,741,288
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$144,000,000
Value of total assets at end of year2011-12-31$2,038,169,377
Value of total assets at beginning of year2011-12-31$2,026,941,291
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$0
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$25,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Participant contributions at end of year2011-12-31$1,009,665
Participant contributions at beginning of year2011-12-31$1,145,944
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$11,228,086
Value of net assets at end of year (total assets less liabilities)2011-12-31$2,038,169,377
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$2,026,941,291
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in master investment trust accounts at end of year2011-12-31$1,941,159,712
Value of interest in master investment trust accounts at beginning of year2011-12-31$1,929,795,347
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$144,000,000
Employer contributions (assets) at end of year2011-12-31$96,000,000
Employer contributions (assets) at beginning of year2011-12-31$96,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$142,741,288
Did the plan have assets held for investment2011-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31JH COHN, LLP
Accountancy firm EIN2011-12-31221478099
2010 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$385,297,727
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$129,617,522
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$129,617,522
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$206,000,000
Value of total assets at end of year2010-12-31$2,026,941,291
Value of total assets at beginning of year2010-12-31$1,771,261,086
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$0
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$25,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Participant contributions at end of year2010-12-31$1,145,944
Participant contributions at beginning of year2010-12-31$1,335,283
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$255,680,205
Value of net assets at end of year (total assets less liabilities)2010-12-31$2,026,941,291
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,771,261,086
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in master investment trust accounts at end of year2010-12-31$1,929,795,347
Value of interest in master investment trust accounts at beginning of year2010-12-31$1,657,925,803
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$206,000,000
Employer contributions (assets) at end of year2010-12-31$96,000,000
Employer contributions (assets) at beginning of year2010-12-31$112,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$129,617,522
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31JH COHN, LLP
Accountancy firm EIN2010-12-31221478099
2009 : PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION

2022: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: PENSION PLAN FOR SALARIED EMPLOYEES OF NOVARTIS CORPORATION 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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