401(k) · DOL Form 5500 · 2023

Orsted North America Inc. 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
376
Participants Below avg headcount
85th
Percentile by assets National rank
$125,514
Avg per participant Near avg balance/head
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Official DOL plan name: Orsted North America Inc. 401(k) Plan · Sponsored by Orsted North America Inc. · Massachusetts · Manufacturing

$47M in assets, 376 participants

Orsted North America Inc.'s Orsted North America Inc. 401(k) Plan reported $47M in total assets and 376 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,654 in Manufacturing (18,722 peers)

Where Orsted North America Inc. 401(k) Plan sits by assets

Orsted North America Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $47M for 376 participants (~$125,514/participant), up 76.6% in 2023.

#14,654
in Manufacturing (18,722 peers)
+76.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Orsted North America Inc. 401(k) Plan's outsized position by total assets

Orsted North America Inc. 401(k) Plan vs every filed plan by assets

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

$47,193,318 Top 15% higher than 85% 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

Orsted North America Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Orsted North America Inc. 401(k) Plan sits mid-pack in the medium band (376 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Orsted North America Inc. 401(k) Plan reported net income rose from $8M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Orsted North America Inc. 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Orsted North America Inc. 401(k) Plan reported participants rose from 224 in the plan year 2022 filing to 376 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 320464144 · Orsted North America Inc. PY 2023 · 401(k)

Orsted North America Inc. 401(k) Plan · $47M · 376 · 85th

  • SCH $47M
  • EBSA 376
  • PART 85th
  • TYPE 401(k)
  • NET near Anesthesia West, P.C. 401(k) Plan
  • BOOK ind #14654

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 Massachusetts →

Orsted North America Inc. 401(k) Plan in the asset neighbourhood

Milwaukee Valve Company, LLC Employees' Savings Plan and TrustMilwaukee Valve Company, LLC…$47MOrsted North America Inc. 401(k) PlanOrsted North America Inc. 40…$47MAnesthesia West, P.C. 401(k) PlanAnesthesia West, P.C. 401(k)…$47MEastern Washington-Northern Idaho Carpenters 401(k) Retirement PlanEastern Washington-Northern …$47MBette & Cring, LLC Retirement Plan & TrustBette & Cring, LLC Retiremen…$47M
End-of-year total assets ($M) among Orsted North America Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$47M
Net Income$20M
Employer EIN320464144
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Orsted North America Inc.)

Sponsor-wide plan assets over time

All Orsted North America Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$65M 141.8809443529045% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $26.7M $64.6M ▲ +141.9%
Year Plans Participants Total Assets
2022 1 224 $27M
2023 1 376 $47M
2024 1 754 $65M

Nearby 401(k) Plans in Massachusetts

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

Orsted North America Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Orsted North America Inc. 401(k) Plan, Total assets ($B): 0.047193318 · Participants: 376Orsted North America Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Orsted North America Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Orsted North America Inc. 401(k) Plan side-by-side with 3 peers →

Orsted North America Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Anesthesia West, P.C. 401(k) Plan in NE ($47M); by covered participants it is Kulicke and Soffa Industries, Inc. Incentive Savings Plan in PA (376 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (376 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 Orsted North America Inc. 401(k) Plan assets move in 2023? ▼
Orsted North America Inc. 401(k) Plan surged - up 76.6% during 2023, from $27M to $47M. Reported net income was $20M.
How have Orsted North America Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Orsted North America Inc.'s sponsor-wide assets grew 141.9%, from $27M to $65M.
Where does Orsted North America Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Orsted North America Inc. 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Orsted North America Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Anesthesia West, P.C. 401(k) Plan in NE ($47M, 62 participants).
Which 401(k) plans cover a similar participant headcount to Orsted North America Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kulicke and Soffa Industries, Inc. Incentive Savings Plan in PA (376 participants, $166M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 320464144.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.