401(k) · DOL Form 5500 · 2023

Novozymes North America, Inc. 401(k) Plan

Data updated 2026-08-11

$311M
Total assets: 1,209
Participants: 96th
Percentile by assets: $257,388
Avg per participant

Official DOL plan name: Novozymes North America, Inc. 401(k) Savings Plan · Sponsored by Novozymes North America, Inc. · North Carolina · Manufacturing

$311M in assets, 1,209 participants

Novozymes North America, Inc.'s Novozymes North America, Inc. 401(k) Savings Plan reported $311M in total assets and 1,209 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#17,598 in Manufacturing (18,722 peers)

Where Novozymes North America, Inc. 401(k) Savings Plan sits by assets

Novozymes North America, Inc. 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $311M for 1,209 participants (~$257,388/participant), up 18.5% in 2023.

$311M
total plan assets (2023 EOY): 1,209
covered participants: 96th
percentile by assets (of 127,072 plans): $257,388
avg assets per participant

Novozymes North America, Inc. 401(k) Savings Plan reported net income rose from -$51M in the plan year 2022 filing to $49M in the plan year 2023 filing.
Novozymes North America, Inc. 401(k) Savings Plan end-of-year assets rose from $263M in the plan year 2022 filing to $311M in the plan year 2023 filing.
Novozymes North America, Inc. 401(k) Savings Plan reported participants rose from 1,137 in the plan year 2022 filing to 1,209 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

North Carolina

Industry

Manufacturing

Novozymes North America, Inc. 401(k) Savings Plan vs the 2023 asset distribution

By assets, Novozymes North America, Inc. 401(k) Savings Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$263M
Net Assets (End of Year)	$311M
Net Income	$49M
Employer EIN	132639630
Plan Effective Date	2004-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Novozymes North America, Inc.)

Total plan assets by year, all Novozymes North America, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	1,137	$263M
2023	1	1,209	$311M
2024	1	1,203	$351M

Nearby 401(k) Plans in North Carolina

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

Novozymes North America, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Bank of America 401(k) Plan $54.8B · 173,899
Honeywell 401(k) Plan $15.4B · 40,004
Duke Energy Retirement Savings Plan $10.4B · 28,121
Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174

Compare Novozymes North America, Inc. 401(k) Sav… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Novozymes North America, Inc. 401(k) Savings Plan by total assets, not by location.

Basf Corporation Bargaining Unit Savings Plan (NJ) $311M · 1,372
Savings Plan for Salaried Employees of Ocean Spray Cranberries, Inc. (MA) $311M · 756
Central Laborers Annuity Plan (IL) $311M · 10,098
F.N.B. Corporation Progress Savings 401(k) Plan (PA) $311M · 4,386

Frequently Asked Questions

How did Novozymes North America, Inc. 401(k) Savings Plan assets move in 2023? ▼

Novozymes North America, Inc. 401(k) Savings Plan grew sharply - up 18.5% during 2023, from $263M to $311M. Reported net income was $49M.

How have Novozymes North America, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Novozymes North America, Inc.'s sponsor-wide assets grew 33.9%, from $263M to $351M.

Where does Novozymes North America, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Novozymes North America, Inc. 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Novozymes North America, Inc. 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Basf Corporation Bargaining Unit Savings Plan in NJ ($311M, 1,372 participants).

Next read for Novozymes North America, Inc. 401(k) Sav…

Scale reading

Ways to act on Novozymes North America, Inc. 401(k) Savings Plan's numbers.

By total assets, Novozymes North America, Inc. 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
Novozymes North America, Inc.'s sponsor-wide assets have grown 33.9% since 2022 across 3 plan years on file. More Manufacturing plans

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 132639630.