401(k) · DOL Form 5500 · 2022
Novo Nordisk Inc. 401(k) Plan
Data updated 2026-08-25
- $1.8B
- Total assets Very large vs avg
- 5,770
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $306,621
- Avg per participant High balance/head
Official DOL plan name: Novo Nordisk Inc. 401(k) Savings Plan · Sponsored by Novo Nordisk Inc. · New Jersey · Manufacturing
$1.8B in assets, 5,770 participants
Novo Nordisk Inc.'s Novo Nordisk Inc. 401(k) Savings Plan reported $1.8B in total assets and 5,770 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #20,352 in Manufacturing (20,602 peers)
Coverage in New Jersey
Novo Nordisk Inc. 401(k) Savings Plan covers 5,770 participants in New Jersey, 6.8x the typical New Jersey plan (state average ~844 per filing). Assets: $1.8B.
- #20,352
- in Manufacturing (20,602 peers)
- -11.3%
- assets change YoY
- 18×
- vs typical plan assets (national mean)
The plan reported a net loss of $226M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Novo Nordisk Inc. 401(k) Savings Plan's outsized position by total assets
Novo Nordisk Inc. 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,769,202,694 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Novo Nordisk Inc. 401(k) Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novo Nordisk Inc. 401(k) Savings Plan lands in the large band (5,770 participants).
EBSA filing schedule strip
Filing strip 061061602 · Novo Nordisk Inc. PY 2022 · 401(k)
Novo Nordisk Inc. 401(k) Savings Plan · $1.8B · 5,770 · 99th
- BOOK $1.8B
- VS-ST 5,770
- BOY 99th
- SCH 401(k)
- EBSA near Fox Savings Plan
- PART ind #20352
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in New Jersey →
Novo Nordisk Inc. 401(k) Savings Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | -$226M |
| Employer EIN | 061061602 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novo Nordisk Inc.)
Sponsor-wide plan assets over time
All Novo Nordisk Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.8B 47.0323133363728% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 10,569 | $2.6B |
| 2023 | 3 | 12,133 | $3.3B |
| 2024 | 3 | 13,565 | $3.8B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Scale composition for Novo Nordisk Inc. 401(k) Savings Plan
Novo Nordisk Inc. 401(k) Savings Plan reports $1.8B in end-of-year assets across 5,770 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $306,621 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2022 was -$226M.
This plan identity (EIN 061061602, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.5B (+43.5%) while covered participants moved from 5,770 to 7,904 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,770 | $1.8B | This page |
| 2023 | 6,993 | $2.3B | Open filing |
| 2024 · index core | 7,904 | $2.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Novo Nordisk Inc. 401(k) Savings Plan (401(k), $2.5B, 7,904 participants)
- Novo Nordisk Inc. Money Purchase Plan (Defined Benefit (Pension), $1.2B, 5,655 participants)
Novo Nordisk Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Fox Savings Plan in NY ($1.8B); by covered participants it is Linkhcm Mep 401(k) Plan in CA (5,771 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.8B here).
- Fox Savings Plan (NY) $1.8B · 9,063
- The Boston Consulting Group, Inc. Employees' Savings Plan and Profit Sharing Retirement Fund (MA) $1.8B · 7,841
- Fedex Corporation Retirement Savings Plan II (TN) $1.8B · N/A
- The Hershey Company 401(k) Plan (PA) $1.8B · 10,065
Similar participant headcount
Nearest other-state filings by covered participants (5,770 participants); asset peers above are excluded.
- Linkhcm Mep 401(k) Plan (CA) 5,771 · 1 off
- Twin River 401(k) Plan (RI) 5,772 · 2 off
- Enlivant 401(k) Savings Plan (IL) 5,772 · 2 off
- Longwood Management Corporation 401(k) Savings Plan (CA) 5,773 · 3 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.