Plan Snapshot
- Plan Sponsor: Novo Nordisk INC.
- Sponsor EIN: 061061602
- Sponsor Address: 800 SCUDDERS MILL ROAD, PLAINSBORO, NJ, 08536
- Plan Type: 401(k)
- Total Participants: 8,783
- Total Assets: $2.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,783 | $2.5B | $38.6M | $135.5M |
| 2023 | 7,851 | $2.3B | $31.9M | $117.6M |
| 2022 | 6,805 | $1.8B | $23.8M | $93.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $903,358 | $403,106 | — | — | — |
| 2023 | $815,842 | $309,812 | — | — | — |
| 2022 | $710,500 | $118,093 | — | — | — |