Novartis Corporation Investment Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 90, 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, Participation Rate, Salary Deferral, and Total Plan Cost. Novartis Corporation Investment Savings Plan currently has over 27,600 active participants and over $7.5B in plan assets.
Congratulations!
This plan has the highest rating in its peer group.
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2016 Plan data has been audited by an Independent Qualified Public Accountant (IQPA).Address
230 Park Avenue, 21st Floor
Benchmark your plan against others to achieve your business objectives.
Top Industry Articles
Compliance
Fidelity Faces a Myriad of Allegations in New ERISA Lawsuit
In addition to self-dealing allegations, the complaint calls out Fidelity for not negotiating revenue sharing refunds for its 401(k) plan participants and not considering stable value options for its plan investment lineup, among other things.
October 11, 2018
exclusives
Open MEPs Could Create Many Opportunities for Advisers
Should Congress or federal regulators eliminate the common nexus and bad apple rules that have held back open multiple employer plans, experts anticipate many more small businesses will jump in.
October 8, 2018
Data & Research
Education About Tax Treatment and Fees Could Boost 401(k) Participation
Findings from a Capital One survey about why employees do not participate in their employer-sponsored retirement plan offers opportunities for education, according to Stuart Robertson.
October 17, 2018
Products
AARP Launches Social Security Resource Center
The new website is designed to be a one-stop place for investors and retirees to have their Social Security retirement questions answered, including when to claim.
October 12, 2018
Data & Research
Aggressive Saving Is Simply Essential for Retirement Adequacy
A detailed analysis prepared by Aon suggests the typical worker would have to start saving at age 25 and put away 16% of pay annually—including the employer retirement plan match—to achieve a stable retirement outlook by age 67.
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
by Carlos Sera
