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  2. NOVO NORDISK INC.
Sponsor portfolioTH

NOVO NORDISK INC.

EIN 06-1061602-Manufacturing-Latest filing 2025
Plans
5
Retirement
3
$4.29B assets
Welfare
2
$16.2M premiums
Participants
33,426
800 SCUDDERS MILL ROAD - PLAINSBORO, NJ 08536609-987-5855
Plans on this EIN
5 filings
#001401k-$2.88B - 13,805 part#003TraditionalDB-$1.40B - 8,364 part#002401k-$8.0M - 16 part#501Mixed-$14.8M - 21,706 lives#601Mixed-$1.3M - 391 lives

Retirement portfolio analytics

3 plans aggregated / $4.29B assets / 22,185 participants

Assets by plan

Share of aggregate retirement assets

67%top
  • INC. 401(K) Savings (#001)67%
  • MONEY PURCHASE PLAN (#003)33%
  • PUERTO RICO 401(K) (#002)0%
Total $4.29BClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
100%top
  • CHARLES SCHWAB & CO., INC.100%
  • (Not disclosed)0%
Total $4.29BClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • INC. 401(K) Savings (#001)13,805
  • MONEY PURCHASE PLAN (#003)8,364
  • PUERTO RICO 401(K) (#002)16
Total 22,185Click row to drill in

Benefits portfolio analytics

2 plans / $16.2M premiums / 22,097 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Long-term disability$7.1M
  • Other$6.9M
  • Life$5.5M
  • Vision$1.7M
  • Prescription drug$331K
  • Dental$182K
Total $16.2M6 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
78%top
  • THE LINCOLN NATIONAL LIFE INSURANCE COMPANY78%
  • EYEMED VISION CARE10%
  • UNITEDHEALTHCARE INSURANCE COMPANY8%
  • MAGELLAN HEALTHCARE2%
  • AETNA LIFE INSURANCE COMPANY1%
  • +1 more
Total $16.2M6 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • MERCER HEALTH AND BENEFITS, LLC100%
Total $190K1 slice

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

NOVO NORDISK INC. 401(K) SAVINGS PLAN

401k

Assets$2.88B
Participants13,805
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#003

NOVO NORDISK INC. MONEY PURCHASE PLAN

TraditionalDB

Assets$1.40B
Participants8,364
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002

NOVO NORDISK PUERTO RICO 401(K) PLAN

401k

Assets$8.0M
Participants16
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

NOVO NORDISK INC. WELFARE BENEFIT PLAN

Mixed - LINCOLN NATIONAL LIFE INSURANCE COMPANY

Premiums$14.8M
Covered lives21,706
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#601

NOVO NORDISK INC. 2012 RETIREE HEALTH PLAN

Mixed - UNITEDHEALTHCARE INSURANCE COMPANY

Premiums$1.3M
Covered lives391
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans3

Plan #NameTypeAssetsParticipantsLatest year
001NOVO NORDISK INC. 401(K) SAVINGS PLAN401k$2.88B13,8052025
003NOVO NORDISK INC. MONEY PURCHASE PLANTraditionalDB$1.40B8,3642025
002NOVO NORDISK PUERTO RICO 401(K) PLAN401k$8.0M162025

Welfare plans2

Plan #NameFundingCarrierPremiumsCoveredLatest year
501NOVO NORDISK INC. WELFARE BENEFIT PLANMixedLINCOLN NATIONAL LIFE INSURANCE COMPANY$14.8M21,7062025
601NOVO NORDISK INC. 2012 RETIREE HEALTH PLANMixedUNITEDHEALTHCARE INSURANCE COMPANY$1.3M3912025
Retirement plans
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