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Company:
Novartis Pharmaceuticals Corporation
Plan:
Novartis Pharmaceuticals Corporation Investment Savings Plan
 

Novartis Pharmaceuticals Corporation

88 Plan:

 
 
88
11
78
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (88) and the top rated plan (89) could equate to:
[How is this calculated?]
1 additional year of work
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

 Comments

Retirement Plan Description

Novartis Pharmaceuticals Corporation Investment Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 88, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Investment Menu Quality, Salary Deferral, and Total Plan Cost. Novartis Pharmaceuticals Corporation Investment Savings Plan currently has over 25,500 active participants and over $3.3B in plan assets.

 Retirement Plan Details

Address 230 Park Avenue, 21st Floor
New York, NY 10169 
Industry Manufacturing
Administrator William A. Flannery, Exec Director
Net Plan Assets $3,290,000,000
Total Participants 26,000
Avg Account Balance $130,000

 Compare Other Companies in Peer Group

Amgen 89.0
Bayer 87.4
Bristol-Myers Squibb Company 87.2
Merck & Co. 83.9
Merck & Co. 83.5
Eli Lilly and Company 79.2

 Top 3 Funds in this 401k

1. Fidelity Trust Interest Income 14%
2. Fidelity Trust Large Cap Index 11%
3. Fidelity Trust International 6%

  Plan Service Providers

Auditor J.H. Cohn
Corporate Trustee Fidelity
Recordkeeper Fidelity

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