Defined Benefit (Pension) · DOL Form 5500 · 2023
Novo Nordisk Inc Pension Plan
Data updated 2026-08-11
- $1.0B
- Total assets
- 5,135
- Participants
- 99th
- Percentile by assets
- $200,619
- Avg per participant
Official DOL plan name: Novo Nordisk Inc. Money Purchase Plan · Sponsored by Novo Nordisk Inc · New Jersey · Manufacturing
$1.0B in assets, 5,135 participants
Novo Nordisk Inc's Novo Nordisk Inc. Money Purchase Plan reported $1.0B in total assets and 5,135 participants in its 2023 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 127,072 plans)
- #18,280 in Manufacturing (18,722 peers)
Coverage in New Jersey
Novo Nordisk Inc. Money Purchase Plan covers 5,135 participants in New Jersey, 6.1x the typical New Jersey plan (state average ~844 per filing). Assets: $1.0B.
- $1.0B
- total plan assets (2023 EOY)
- 5,135
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $200,619
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Novo Nordisk Inc. Money Purchase Plan reported net income rose from -$87M in the plan year 2022 filing to $248M in the plan year 2023 filing.
- Novo Nordisk Inc. Money Purchase Plan end-of-year assets rose from $782M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
- Novo Nordisk Inc. Money Purchase Plan reported participants rose from 4,794 in the plan year 2022 filing to 5,135 in the plan year 2023 filing.
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 5,135 participants - 6.1x that state average ($1.0B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $782M |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | $248M |
| 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 $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Scale composition for Novo Nordisk Inc. Money Purchase Plan
Novo Nordisk Inc. Money Purchase Plan reports $1.0B in end-of-year assets across 5,135 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $200,619 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2023 was $248M.
This plan identity (EIN 061061602, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $782M to $1.2B (+55.1%) while covered participants moved from 4,794 to 5,655 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,794 | $782M | Open filing |
| 2023 | 5,135 | $1.0B | This page |
| 2024 · index core | 5,655 | $1.2B | 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)
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.
- Advocate Aurora Health Pension Plan (IL) $1.0B · 11,955
- Western Metal Industry Pension Plan (WA) $1.0B · 1,360
- First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan (NC) $1.0B · 1,030
- Exelon Pension Plan (IL) $1.0B · 2,228
Frequently Asked Questions
How did Novo Nordisk Inc. Money Purchase Plan assets move in 2023? ▼
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