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 27,500 active participants and over $8.7B in plan assets.
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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 12/31/2017 Plan data has been audited by an Independent Qualified Public Accountant (IQPA).Address
230 Park Avenue, 21st Floor
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Top Industry Articles
Compliance
Retirement Plan Cybersecurity the Issue in a New Lawsuit
A retirement plan participant who had $99,000 stolen from her account has sued the plan sponsor and plan providers.
October 14, 2019
Deals & People
Broadridge Acquisition of Fi360 Underlines RIA Fiduciary Evolution
Leading up to its own acquisition by the larger Broadridge organization, Fi360 had been actively acquiring other fiduciary solutions firms, aiming to build a comprehensive suite of RIA services.
October 14, 2019
exclusives
Retirement Income Coming Soon to a 401(k) Near You
Experts believe that in the next few years, DC plan sponsors will embrace this option.
October 3, 2019
Client Service
Social Security Benefits to Rise 1.6% in 2020
Social Security is a big part of retirement income planning for employees.
October 10, 2019
Compliance
While Popular, Default Electronic Delivery of Plan Documents Irks Some
Retirement plan service providers generally support making electronic delivery of documents the default, but print communication industry organizations and some consumer groups say the paper default should remain.
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