401(k) · DOL Form 5500 · 2023

Nordea Bank Abp, New York Branch 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
101
Participants Small participant base
88th
Percentile by assets National rank
$628,235
Avg per participant High balance/head
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Official DOL plan name: Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan · Sponsored by Nordea Bank Abp, New York Branch · New York · Finance & Insurance

$63M in assets, 101 participants

Nordea Bank Abp, New York Branch's Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan reported $63M in total assets and 101 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,199 in Finance & Insurance (8,869 peers)

Coverage in New York

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan covers 101 participants in New York, about 13% of the average New York filer (state average ~798 per filing). Assets: $63M.

#7,199
in Finance & Insurance (8,869 peers)
+19.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan's outsized position by total assets

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan vs every filed plan by assets

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

$63,451,782 Top 12% higher than 88% 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

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing 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. Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan sits mid-pack in the medium band (101 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan reported net income rose from -$8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan end-of-year assets rose from $53M in the plan year 2022 filing to $63M in the plan year 2023 filing.
  • Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan reported participants fell from 106 in the plan year 2022 filing to 101 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 981337846 · Nordea Bank Abp, New York Branch PY 2023 · 401(k)

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan · $63M · 101 · 88th

  • PCT $63M
  • EIN 101
  • RANK 88th
  • PHOTO 401(k)
  • IND near Enphase Energy, Inc. 401(k) Plan
  • EOY ind #7199

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 Finance & Insurance retirement plans → · Plans in New York →

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan in the asset neighbourhood

Telenav, Inc. 401(k) Plan$63MAledade 401(k) Savings and Investment PlanAledade 401(k) Savings and I…$63MNordea Bank Abp, New York Branch Salary Savings and Profit Sharing PlanNordea Bank Abp, New York Br…$63MEnphase Energy, Inc. 401(k) PlanEnphase Energy, Inc. 401(k) …$63MWindsor Electric Co Inc 401(k) Retirement PlanWindsor Electric Co Inc 401(…$63M
End-of-year total assets ($M) among Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$63M
Net Income$10M
Employer EIN981337846
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nordea Bank Abp, New York Branch)

Sponsor-wide plan assets over time

All Nordea Bank Abp, New York Branch plans reported in each filing year

Latest sponsor-wide plan assets
$68M 27.755413611368944% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $53.2M $68M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 106 $53M
2023 1 101 $63M
2024 1 99 $68M

Nearby 401(k) Plans in New York

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

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan, Total assets ($B): 0.063451782 · Participants: 101Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan side-by-side with 3 peers →

Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Enphase Energy, Inc. 401(k) Plan in CA ($63M); by covered participants it is Biocept, Inc. 401(k) Plan in NJ (101 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($63M here).

Similar participant headcount

Nearest other-state filings by covered participants (101 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 Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan assets move in 2023? ▼
Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan grew sharply - up 19.2% during 2023, from $53M to $63M. Reported net income was $10M.
How have Nordea Bank Abp, New York Branch plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nordea Bank Abp, New York Branch's sponsor-wide assets grew 27.8%, from $53M to $68M.
Where does Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan ranks in the 88th 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 Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Enphase Energy, Inc. 401(k) Plan in CA ($63M, 1,012 participants).
Which 401(k) plans cover a similar participant headcount to Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Biocept, Inc. 401(k) Plan in NJ (101 participants, N/A 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 981337846.

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.