NOVARTIS CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2023 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $2,089,140 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $1,858,830 |
| Total income from all sources (including contributions) | 2023-12-31 | $55,736,710 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $44,511,495 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $42,744,573 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $43,913,429 |
| Value of total assets at end of year | 2023-12-31 | $73,360,633 |
| Value of total assets at beginning of year | 2023-12-31 | $61,905,108 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $1,766,922 |
| Total interest from all sources | 2023-12-31 | $733,536 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $13,459,772 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $366,369 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $847,026 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-12-31 | $117,018 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $2,750,300 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $1,347,911 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $72,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $73,236 |
| Administrative expenses (other) incurred | 2023-12-31 | $31,217 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $11,225,215 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $71,271,493 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $60,046,278 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $69,160,208 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $58,303,805 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $1,083,756 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $1,406,366 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $1,406,366 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $733,536 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $2,120,516 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $11,089,745 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $30,453,657 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $40,507,039 |
| Contract administrator fees | 2023-12-31 | $1,729,132 |
| Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $2,017,140 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $1,785,594 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | EISNERAMPER LLP |
| Accountancy firm EIN | 2023-12-31 | 871363769 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $2,089,140 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $1,858,830 |
| Total income from all sources (including contributions) | 2023-01-01 | $55,736,710 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $44,511,495 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $42,744,573 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $43,913,429 |
| Value of total assets at end of year | 2023-01-01 | $73,360,633 |
| Value of total assets at beginning of year | 2023-01-01 | $61,905,108 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $1,766,922 |
| Total interest from all sources | 2023-01-01 | $733,536 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $13,459,772 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $366,369 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-01-01 | $847,026 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-01-01 | $117,018 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $2,750,300 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $1,347,911 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $72,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $73,236 |
| Administrative expenses (other) incurred | 2023-01-01 | $31,217 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $11,225,215 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $71,271,493 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $60,046,278 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $69,160,208 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $58,303,805 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $1,083,756 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $733,536 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $2,120,516 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $11,089,745 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $30,453,657 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $40,507,039 |
| Contract administrator fees | 2023-01-01 | $1,729,132 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-01 | $2,017,140 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-01 | $1,785,594 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | EISNERAMPER LLP |
| Accountancy firm EIN | 2023-01-01 | 871363769 |
| 2022 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,858,830 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $3,676,504 |
| Total income from all sources (including contributions) | 2022-12-31 | $36,005,504 |
| Total of all expenses incurred | 2022-12-31 | $48,062,156 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $43,017,615 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $47,905,884 |
| Value of total assets at end of year | 2022-12-31 | $61,905,108 |
| Value of total assets at beginning of year | 2022-12-31 | $75,779,434 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $5,044,541 |
| Total interest from all sources | 2022-12-31 | $22,822 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $12,303,079 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $847,026 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $643,416 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $1,347,911 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $213 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $73,236 |
| Administrative expenses (other) incurred | 2022-12-31 | $3,313,236 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-12,056,652 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $60,046,278 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $72,102,930 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $58,303,805 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $70,624,474 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,406,366 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $4,511,331 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $4,511,331 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $22,822 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $312,000 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-11,923,202 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $35,602,805 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $42,705,615 |
| Contract administrator fees | 2022-12-31 | $1,731,305 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $1,785,594 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $3,676,504 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2022-12-31 | 221478099 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $1,858,830 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $3,676,504 |
| Total income from all sources (including contributions) | 2022-01-01 | $36,005,504 |
| Total of all expenses incurred | 2022-01-01 | $48,062,156 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $43,017,615 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $47,905,884 |
| Value of total assets at end of year | 2022-01-01 | $61,905,108 |
| Value of total assets at beginning of year | 2022-01-01 | $75,779,434 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $5,044,541 |
| Total interest from all sources | 2022-01-01 | $22,822 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $12,303,079 |
| Assets. Other investments not covered elsewhere at end of year | 2022-01-01 | $847,026 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-01-01 | $643,416 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $1,347,911 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $213 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $73,236 |
| Administrative expenses (other) incurred | 2022-01-01 | $3,313,236 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-12,056,652 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $60,046,278 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $72,102,930 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $58,303,805 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $70,624,474 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $1,406,366 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $22,822 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $312,000 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-11,923,202 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $35,602,805 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $42,705,615 |
| Contract administrator fees | 2022-01-01 | $1,731,305 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-01-01 | No |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $1,785,594 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $3,676,504 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | COHNREZNICK LLP |
| Accountancy firm EIN | 2022-01-01 | 221478099 |
| 2021 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $3,676,504 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $3,546,408 |
| Total income from all sources (including contributions) | 2021-12-31 | $27,794,666 |
| Total of all expenses incurred | 2021-12-31 | $44,736,369 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $35,749,318 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $17,198,845 |
| Value of total assets at end of year | 2021-12-31 | $75,779,434 |
| Value of total assets at beginning of year | 2021-12-31 | $92,591,041 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $8,987,051 |
| Total interest from all sources | 2021-12-31 | $12,287 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $11,777,711 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $643,416 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $695,613 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $213 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $1,670,456 |
| Administrative expenses (other) incurred | 2021-12-31 | $7,354,662 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $133,262 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-16,941,703 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $72,102,930 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $89,044,633 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $70,624,474 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $60,704,229 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $4,511,331 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $29,520,743 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $29,520,743 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $12,287 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $240,000 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $10,583,534 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $5,421,134 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $35,509,318 |
| Contract administrator fees | 2021-12-31 | $1,632,389 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $3,676,504 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $3,413,146 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2021-12-31 | 221478099 |
| 2020 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $3,546,408 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $5,311,435 |
| Total income from all sources (including contributions) | 2020-12-31 | $41,421,678 |
| Total of all expenses incurred | 2020-12-31 | $85,659,882 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $47,178,740 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $33,028,838 |
| Value of total assets at end of year | 2020-12-31 | $92,591,041 |
| Value of total assets at beginning of year | 2020-12-31 | $138,594,272 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $38,481,142 |
| Total interest from all sources | 2020-12-31 | $346,602 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $16,323,929 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $695,613 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $935,851 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $1,670,456 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $2,118,868 |
| Administrative expenses (other) incurred | 2020-12-31 | $36,425,980 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $133,262 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-44,238,204 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $89,044,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $133,282,837 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $60,704,229 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $52,908,956 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $29,520,743 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $82,630,597 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $82,630,597 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $346,602 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $405,135 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $8,046,238 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $16,704,909 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $46,773,605 |
| Contract administrator fees | 2020-12-31 | $2,055,162 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $3,413,146 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $5,311,435 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2020-12-31 | 221478099 |
| 2019 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2019 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $5,311,435 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $5,192,009 |
| Total income from all sources (including contributions) | 2019-12-31 | $116,571,966 |
| Total of all expenses incurred | 2019-12-31 | $61,495,361 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $58,848,392 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $104,226,572 |
| Value of total assets at end of year | 2019-12-31 | $138,594,272 |
| Value of total assets at beginning of year | 2019-12-31 | $83,398,241 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,646,969 |
| Total interest from all sources | 2019-12-31 | $1,277,402 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $18,861,640 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $935,851 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $601,436 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $873,990 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $2,118,868 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $3,511,983 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $55,076,605 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $133,282,837 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $78,206,232 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $52,908,956 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $42,981,651 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $82,630,597 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $36,303,171 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $36,303,171 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,277,402 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $620,178 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $11,067,992 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $84,490,942 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $58,228,214 |
| Contract administrator fees | 2019-12-31 | $2,646,969 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $5,311,435 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $5,192,009 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | COHNRENICK LLP |
| Accountancy firm EIN | 2019-12-31 | 221478099 |
| 2018 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2018 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $5,192,009 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $4,787,400 |
| Total income from all sources (including contributions) | 2018-12-31 | $43,020,603 |
| Total of all expenses incurred | 2018-12-31 | $60,791,752 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $57,873,818 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $44,154,047 |
| Value of total assets at end of year | 2018-12-31 | $83,398,241 |
| Value of total assets at beginning of year | 2018-12-31 | $100,764,781 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,917,934 |
| Total interest from all sources | 2018-12-31 | $1,099,360 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $16,770,075 |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $601,436 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $485,679 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $3,511,983 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $3,121,392 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-17,771,149 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $78,206,232 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $95,977,381 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $42,981,651 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $46,033,397 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $36,303,171 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $51,124,313 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $51,124,313 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,099,360 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $527,921 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-2,232,804 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $27,383,972 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $57,345,897 |
| Contract administrator fees | 2018-12-31 | $2,917,934 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $5,192,009 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $4,787,400 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2018-12-31 | 221478099 |
| 2017 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2017 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $4,787,400 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $4,952,784 |
| Total income from all sources (including contributions) | 2017-12-31 | $81,001,891 |
| Total of all expenses incurred | 2017-12-31 | $59,502,233 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $57,093,363 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $74,468,289 |
| Value of total assets at end of year | 2017-12-31 | $100,764,781 |
| Value of total assets at beginning of year | 2017-12-31 | $79,430,507 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,408,870 |
| Total interest from all sources | 2017-12-31 | $398,865 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $15,584,978 |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $485,679 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $514,034 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $3,121,392 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $2,414,301 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $21,499,658 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $95,977,381 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $74,477,723 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $46,033,397 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $39,870,306 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $51,124,313 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $36,631,866 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $36,631,866 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $398,865 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $528,373 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $6,134,737 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $58,883,311 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $56,564,990 |
| Contract administrator fees | 2017-12-31 | $2,408,870 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $4,787,400 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $4,952,784 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2017-12-31 | 221478099 |
| 2016 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $4,952,784 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $4,482,239 |
| Total income from all sources (including contributions) | 2016-12-31 | $59,537,927 |
| Total of all expenses incurred | 2016-12-31 | $61,386,367 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $58,898,603 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $57,023,656 |
| Value of total assets at end of year | 2016-12-31 | $79,430,507 |
| Value of total assets at beginning of year | 2016-12-31 | $80,808,402 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,487,764 |
| Total interest from all sources | 2016-12-31 | $120,484 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $13,758,340 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $514,034 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $245,685 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $2,414,301 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $2,237,175 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $-1,848,440 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $74,477,723 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $76,326,163 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $39,870,306 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $37,744,867 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $36,631,866 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $40,580,675 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $40,580,675 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $120,484 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $526,700 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $2,393,787 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $43,265,316 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $58,371,903 |
| Contract administrator fees | 2016-12-31 | $2,487,764 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $4,952,784 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $4,482,239 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2016-12-31 | 221478099 |
| 2015 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2015 401k financial data |
|---|
| Total transfer of assets to this plan | 2015-12-31 | $2,192,030 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $4,482,239 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $6,146,829 |
| Total income from all sources (including contributions) | 2015-12-31 | $54,332,907 |
| Total of all expenses incurred | 2015-12-31 | $61,714,911 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $59,536,866 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $55,321,798 |
| Value of total assets at end of year | 2015-12-31 | $80,808,402 |
| Value of total assets at beginning of year | 2015-12-31 | $87,662,966 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $2,178,045 |
| Total interest from all sources | 2015-12-31 | $3,476 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $12,452,927 |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $245,685 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $454,858 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $2,237,175 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $367,708 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-7,382,004 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $76,326,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $81,516,137 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $37,744,867 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $68,528,060 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $40,580,675 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $18,312,340 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $18,312,340 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $3,476 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $514,435 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-992,367 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $42,868,871 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $59,022,431 |
| Contract administrator fees | 2015-12-31 | $2,178,045 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $4,482,239 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $6,146,829 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2015-12-31 | 221478099 |
| 2014 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2014 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $6,146,829 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $5,101,024 |
| Total income from all sources (including contributions) | 2014-12-31 | $26,643,356 |
| Total of all expenses incurred | 2014-12-31 | $57,356,673 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $55,408,890 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $22,183,740 |
| Value of total assets at end of year | 2014-12-31 | $87,662,966 |
| Value of total assets at beginning of year | 2014-12-31 | $117,330,478 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $1,947,783 |
| Total interest from all sources | 2014-12-31 | $5,366 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $11,235,089 |
| Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $454,858 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $518,585 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $367,708 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $291,710 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $-30,713,317 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $81,516,137 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $112,229,454 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $68,528,060 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $104,010,083 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $18,312,340 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $12,510,100 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $12,510,100 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $5,366 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $507,387 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $4,454,250 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $10,948,651 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $54,901,503 |
| Contract administrator fees | 2014-12-31 | $1,947,783 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2014-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $6,146,829 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $5,101,024 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2014-12-31 | 221478099 |
| 2013 : NOVARTIS CORPORATION POST EMPLOYMENT WELFARE BENEFIT PLAN 2013 401k financial data |
|---|
| Total transfer of assets to this plan | 2013-12-31 | $130,634,414 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $5,101,024 |
| Total income from all sources (including contributions) | 2013-12-31 | $39,345,881 |
| Total of all expenses incurred | 2013-12-31 | $57,750,841 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $55,542,700 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $22,981,984 |
| Value of total assets at end of year | 2013-12-31 | $117,330,478 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $2,208,141 |
| Total interest from all sources | 2013-12-31 | $3,782 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $9,251,217 |
| Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $518,585 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $291,710 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $-18,404,960 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $112,229,454 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $104,010,083 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $12,510,100 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $3,782 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $300,050 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $16,360,115 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $13,730,767 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $55,242,650 |
| Contract administrator fees | 2013-12-31 | $2,208,141 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2013-12-31 | $5,101,024 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2013-12-31 | 221478099 |
