401(k) · DOL Form 5500 · 2023

Genmab US, Inc. 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
651
Participants Below avg headcount
90th
Percentile by assets National rank
$130,239
Avg per participant Near avg balance/head
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Official DOL plan name: Genmab US, Inc. 401(k) Plan · Sponsored by Genmab US, Inc. · New Jersey · Manufacturing

$85M in assets, 651 participants

Genmab US, Inc.'s Genmab US, Inc. 401(k) Plan reported $85M in total assets and 651 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,964 in Manufacturing (18,722 peers)

Where Genmab US, Inc. 401(k) Plan sits by assets

Genmab US, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $85M for 651 participants (~$130,239/participant), up 94.0% in 2023.

#15,964
in Manufacturing (18,722 peers)
+94.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Genmab US, Inc. 401(k) Plan's outsized position by total assets

Genmab US, Inc. 401(k) Plan vs every filed plan by assets

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

$84,785,265 Top 10% higher than 90% 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

Genmab US, 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. Genmab US, Inc. 401(k) Plan sits mid-pack in the medium band (651 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Genmab US, Inc. 401(k) Plan reported net income rose from $10M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Genmab US, Inc. 401(k) Plan end-of-year assets rose from $44M in the plan year 2022 filing to $85M in the plan year 2023 filing.
  • Genmab US, Inc. 401(k) Plan reported participants rose from 421 in the plan year 2022 filing to 651 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 262011084 · Genmab US, Inc. PY 2023 · 401(k)

Genmab US, Inc. 401(k) Plan · $85M · 651 · 90th

  • VS-ST $85M
  • BOY 651
  • SCH 90th
  • EBSA 401(k)
  • PART near Granges Americas Inc. Savings Plan
  • TYPE ind #15964

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 →

Genmab US, Inc. 401(k) Plan in the asset neighbourhood

First Federal Bank 401(k) Profit Sharing PlanFirst Federal Bank 401(k) Pr…$85MThe Cramer-Krasselt Profit Sharing/401(k) PlanThe Cramer-Krasselt Profit S…$85MSwift, Currie, Mcghee & Hiers 401(k) Profit Sharing PlanSwift, Currie, Mcghee & Hier…$85MGenmab US, Inc. 401(k) Plan$85MGranges Americas Inc. Savings PlanGranges Americas Inc. Saving…$85M
End-of-year total assets ($M) among Genmab US, 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)$44M
Net Assets (End of Year)$85M
Net Income$41M
Employer EIN262011084
Plan Effective Date2008-03-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Genmab US, Inc.)

Sponsor-wide plan assets over time

All Genmab US, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$137M 214.12606018485315% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $43.7M $137M ▲ +214.1%
Year Plans Participants Total Assets
2022 1 421 $44M
2023 1 651 $85M
2024 1 865 $137M

Nearby 401(k) Plans in New Jersey

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

Genmab US, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Genmab US, Inc. 401(k) Plan, Total assets ($B): 0.084785265 · Participants: 651Genmab US, Inc. 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Genmab US, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Genmab US, Inc. 401(k) Plan side-by-side with 3 peers →

Genmab US, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Granges Americas Inc. Savings Plan in TN ($85M); by covered participants it is Weinstein Properties Employees' 401(k) Plan in VA (651 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (651 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 Genmab US, Inc. 401(k) Plan assets move in 2023? ▼
Genmab US, Inc. 401(k) Plan surged - up 94.0% during 2023, from $44M to $85M. Reported net income was $41M.
How have Genmab US, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Genmab US, Inc.'s sponsor-wide assets grew 214.1%, from $44M to $137M.
Where does Genmab US, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Genmab US, Inc. 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Genmab US, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Granges Americas Inc. Savings Plan in TN ($85M, 841 participants).
Which 401(k) plans cover a similar participant headcount to Genmab US, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Weinstein Properties Employees' 401(k) Plan in VA (651 participants, $13M 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 262011084.

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.