Novo Nordisk Inc.401(k)
NOVO NORDISK INC. 401(K) SAVINGS PLAN · PLAINSBORO, NJ · plan year 2025
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Novo Nordisk Inc. reported $1,151,538 in plan administrative expenses for 2025: 0.04% of average plan assets, above the peer median. Employer contributions averaged $5,862 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio rose from 0.038% to 0.043%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 24th-largest of 2,419 plans among New Jersey employers on file, and the 117th of 13,661 in manufacturing. In 2025, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 6,805 to 9,852 since 2022.
Novo Nordisk Inc.'s 2025 employer contribution ran above the $5,084 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 061061602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.