Defined Benefit (Pension) · DOL Form 5500 · 2023
Novo Nordisk Inc Pension Plan
Data updated 2026-08-25
- $1.0B
- Total assets Very large vs avg
- 5,135
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $200,619
- Avg per participant Above avg balance/head
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.
- #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.
- #18,280
- in Manufacturing (18,722 peers)
- +31.7%
- assets growth YoY
- 10×
- vs typical plan assets (national mean)
Novo Nordisk Inc. Money Purchase Plan's outsized position by total assets
Novo Nordisk Inc. Money Purchase Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,030,180,551 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Novo Nordisk Inc. Money Purchase Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novo Nordisk Inc. Money Purchase Plan lands in the large band (5,135 participants).
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.
Form 5500 schedule snapshot
Filing strip 061061602 · Novo Nordisk Inc PY 2023 · Defined Benefit (Pension)
Novo Nordisk Inc. Money Purchase Plan · $1.0B · 5,135 · 99th
- EBSA $1.0B
- PART 5,135
- TYPE 99th
- NET Defined Benefit (Pension)
- BOOK near Advocate Aurora Health Pension Plan
- VS-ST ind #18280
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. Money Purchase Plan in the asset neighbourhood
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)
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 Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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)
Novo Nordisk Inc. Money Purchase Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Advocate Aurora Health Pension Plan in IL ($1.0B); by covered participants it is Iuoe Stationary Engineers Local 39 Pension Plan in CA (5,142 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.0B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (5,135 participants); asset peers above are excluded.
- Iuoe Stationary Engineers Local 39 Pension Plan (CA) 5,142 · 7 off
- Burlington Northern Santa Fe Retirement Plan (TX) 5,122 · 13 off
- Legacy Health Employees Retirement Plan (OR) 5,149 · 14 off
- The Retirement Benefit Plan of American Airlines, Inc. for Agent, Management, Specialist, Support Personnel and Officers (TX) 5,096 · 39 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.