401(k) · DOL Form 5500 · 2023

Genmab US, Inc. 401(k) Plan

Data updated 2026-08-11

$85M
Total assets
651
Participants
90th
Percentile by assets
$130,239
Avg per participant
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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.

  • 90th percentile by assets (of 127,072 plans)
  • #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.

$85M
total plan assets (2023 EOY)
651
covered participants
90th
percentile by assets (of 127,072 plans)
$130,239
avg assets per participant

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 →

State
Industry

Genmab US, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Genmab US, Inc. 401(k) Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

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.)

$0M$50M$100M$150M 202220232024 $43.7M $137M ▲ +214.1%
Total plan assets by year, all Genmab US, Inc. plans on file
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

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(…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Genmab US, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Genmab US, Inc. 401(k) Plan by total assets, not by location.

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).

Scale reading

Ways to act on Genmab US, Inc. 401(k) Plan's numbers.