401(k) · DOL Form 5500 · 2023

Novo Nordisk Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
5
Participants Small participant base
54th
Percentile by assets National rank
$1.7M
Avg per participant High balance/head
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Official DOL plan name: Novo Nordisk Puerto Rico 401(k) Plan · Sponsored by Novo Nordisk Inc. · New Jersey · Manufacturing

$8M in assets, 5 participants

Novo Nordisk Inc.'s Novo Nordisk Puerto Rico 401(k) Plan reported $8M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,446 in Manufacturing (18,722 peers)

Novo Nordisk Inc. multi-year trail

Novo Nordisk Inc.'s plans moved +47.0% in assets from 2022 to 2024; this filing shows Novo Nordisk Puerto Rico 401(k) Plan at $8M / 5 participants.

#7,446
in Manufacturing (18,722 peers)
+34.1%
assets growth YoY

Novo Nordisk Puerto Rico 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Novo Nordisk Puerto Rico 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,264,238 Top 46% higher than 54% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Novo Nordisk Puerto Rico 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novo Nordisk Puerto Rico 401(k) Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novo Nordisk Puerto Rico 401(k) Plan reported net income rose from -$188K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Novo Nordisk Puerto Rico 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 061061602 · Novo Nordisk Inc. PY 2023 · 401(k)

Novo Nordisk Puerto Rico 401(k) Plan · $8M · 5 · 54th

  • PCT $8M
  • PCT 5
  • PCT 54th
  • PCT 401(k)
  • PCT near Kemp Quarries Retirement Plan
  • PCT ind #7446

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 Puerto Rico 401(k) Plan in the asset neighbourhood

Standley Systems, LLC Profit Sharing 401(k) PlanStandley Systems, LLC Profit…$8MNovo Nordisk Puerto Rico 401(k) PlanNovo Nordisk Puerto Rico 401…$8MKemp Quarries Retirement Plan$8MWood, Ribble & Twyman Inc. Dba Adaptive Solutions Grp 401(k) PlanWood, Ribble & Twyman Inc. D…$8MTrax 401(k) Plan$8M
End-of-year total assets ($M) among Novo Nordisk Puerto Rico 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Novo Nordisk Inc. multi-year asset trail

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
$2B$2.5B$3B$3.5B$4B 202220232024 $2.56B $3.76B ▲ +46.9%
Year Plans Participants Total Assets
2022 3 10,569 $2.6B
2023 3 12,133 $3.3B
2024 3 13,565 $3.8B

Novo Nordisk Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN061061602
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Novo Nordisk Puerto Rico 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Novo Nordisk Puerto Rico 401(k) Plan, Total assets ($B): 0.008264238 · Participants: 5Novo Nordisk Puerto Rico 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Novo Nordisk Puerto Rico 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Novo Nordisk Puerto Rico 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Kemp Quarries Retirement Plan in OK ($8M); by covered participants it is Unkar Systems, Inc. 401(k) Plan in CA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Novo Nordisk Puerto Rico 401(k) Plan assets move in 2023?
Novo Nordisk Puerto Rico 401(k) Plan surged - up 34.1% during 2023, from $6M to $8M. Reported net income was $2M.
How have Novo Nordisk Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Novo Nordisk Inc.'s sponsor-wide assets grew 47.0%, from $2.6B to $3.8B.
Which 401(k) plans are similar in size to Novo Nordisk Puerto Rico 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kemp Quarries Retirement Plan in OK ($8M, 142 participants).
Which 401(k) plans cover a similar participant headcount to Novo Nordisk Puerto Rico 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Unkar Systems, Inc. 401(k) Plan in CA (5 participants, $4M in assets).