# Novo Nordisk INC DC Plan
Source: https://planprovider.pro/companies/novo-nordisk-inc-plan-003

> Novo Nordisk INC's DC plan: 6,059 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Novo Nordisk INC

- **Sponsor EIN:** 061061602

- **Sponsor Address:** 800 SCUDDERS MILL ROAD, PLAINSBORO, NJ, 08536

- **Plan Type:** DC

- **Total Participants:** 6,059

- **Total Assets:** $1.2B

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|6,059|$1.2B|$106.9M|$0|

| 2023|5,631|$1.0B|$95.5M|$0|

| 2022|5,095|$782.4M|$72.8M|$0|

## 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|

| SCHWAB RETIREMENT PLAN SERVICES,INC|NONE|$344,850|—|$344,850|

| FIDUCIENT ADVISORS LLC|NONE|$21,344|—|$21,344|

| STATE STREET BANK & TRUST COMPANY|NONE|$19,319|—|$19,319|

| CHARLES SCHWAB & CO. INC.|NONE|$11,596|—|$11,596|

| EISNERAMPER LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHWAB RETIREMENT PLAN SERVICES,INC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [CHARLES SCHWAB & CO. INC.](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [EISNERAMPER LLP](https://planprovider.pro/provider/eisneramper-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $397,109

- **Estimated Expense Ratio:** 0.033% of plan assets

### 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|$400,121|$147,023|—|—|—|

| 2023|$348,171|$109,926|—|—|—|

| 2022|$369,169|$51,422|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/novo-nordisk-inc-plan-003)

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