Defined Benefit (Pension) · DOL Form 5500 · 2022
Novo Nordisk Inc Pension Plan
Data updated 2026-08-11
- $782M
- Total assets
- 4,794
- Participants
- 99th
- Percentile by assets
- $163,204
- Avg per participant
Official DOL plan name: Novo Nordisk Inc. Money Purchase Plan · Sponsored by Novo Nordisk Inc · New Jersey · Manufacturing
$782M in assets, 4,794 participants
Novo Nordisk Inc's Novo Nordisk Inc. Money Purchase Plan reported $782M in total assets and 4,794 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.
- 99th percentile by assets (of 139,126 plans)
- #20,090 in Manufacturing (20,602 peers)
Coverage in New Jersey
Novo Nordisk Inc. Money Purchase Plan covers 4,794 participants in New Jersey, 5.7x the typical New Jersey plan (state average ~844 per filing). Assets: $782M.
- $782M
- total plan assets (2022 EOY)
- 4,794
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $163,204
- avg assets per participant
The plan reported a net loss of $87M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Novo Nordisk Inc. Money Purchase Plan reports 4,794 participants - 5.7x that state average ($782M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $869M |
|---|---|
| Net Assets (End of Year) | $782M |
| Net Income | -$87M |
| Employer EIN | 061061602 |
| Plan Effective Date | 2012-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novo Nordisk Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 10,569 | $2.6B |
| 2023 | 3 | 12,133 | $3.3B |
| 2024 | 3 | 13,565 | $3.8B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Novo Nordisk Inc. Money Purchase Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Novo Nordisk Inc. Money Purchase Plan by total assets, not by location.
- Excellus Retirement Plan (NY) $782M · 2,317
- Permanente Physicians Retirement Plan for Mapmg (CA) $783M · 2,035
- The Goodyear Tire & Rubber Company Salaried Pension Plan (OH) $785M · 2,107
- Automotive Machinists Pension Plan (WA) $785M · 688
Frequently Asked Questions
How did Novo Nordisk Inc. Money Purchase Plan assets move in 2022? ▼
How have Novo Nordisk Inc plan assets changed over time? ▼
Where does Novo Nordisk Inc. Money Purchase Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Novo Nordisk Inc. Money Purchase Plan? ▼
Next read for Novo Nordisk Inc. Money Purchase Plan
Filing takeaways
Ways to act on Novo Nordisk Inc. Money Purchase Plan's numbers.
- By total assets, Novo Nordisk Inc. Money Purchase Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Novo Nordisk Inc's sponsor-wide assets have grown 47.0% since 2022 across 3 plan years on file. More Manufacturing plans