Sandoz 401(k) match, vesting and fees

Plan year 2024 filingSandoz Inc. Investment Savings Plan · Plan 002 · EIN 38-1658363Updated Oct 2026

What Sandoz's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $18.8M in employer contributions, about $10,591 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$331,616
Average account balance
1,777
Participants (end of year)
$588M
Plan assets (end of year)
0.01%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCohnreznick, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Sandoz: employer contribution per participant$10,591
Peer median$2,413
Sandoz: average balance$331,616
Peer median$86,456
Sandoz: admin expenses ÷ assets0.01%
Peer median0.12%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets were $588M at the end of plan year 2024.

$588M2024
End-of-year figures from each plan year's Form 5500 filing for the Sandoz plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20241,777$588M$18.8M$10,5910.01%Not publishedForm 5500 ↗

Other Sandoz plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Sandoz Pension Plan

Plan 003 · EIN 38-1658363 · plan year 2024 filing
$98,596
Average account balance
1,475
Participants (end of year)
$145M
Plan assets (end of year)
1.59%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorCohnreznick, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Sandoz match 401(k) contributions?

The match terms for the Sandoz Inc. Investment Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $18.8M in employer contributions, about $10,591 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Sandoz 401(k) match vested?

The vesting schedule for the Sandoz Inc. Investment Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Sandoz 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Sandoz Inc..

I left Sandoz. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Sandoz Inc., (609) 819-5230) or the recordkeeper, Fidelity Investments Institutional. The Sandoz old 401(k) page lists the contacts from every plan filing. Find an old Sandoz 401(k)

Data from the public Form 5500 annual reports Sandoz filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Sandoz. Not financial advice. Report a correction · Methodology