Plan5500

Novozymes North America, Inc. 401(K) Savings Plan — Form 5500 plan (Novozymes North America, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Novozymes North America, Inc. 401(K) Savings Plan is a benefit plan reported by Novozymes North America, Inc. under EIN 13-2639630 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,730 participants and $311,181,981 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$311.2MPlan net assets, end of year$311,181,981
Participants1.7KCovered participants reported1,730
Assets / participant$179.9KComputed: assets ÷ participants$179,874 (computed)
Provider compensation$250.3K3 Schedule C provider row(s)$250,305
Plan sponsor
Novozymes North America, Inc.
EIN
13-2639630
Plan number
003
Plan type
2
Location
Franklinton, NC
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,730 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$311.2M total assets
Net assets$311.2MLiabilities$0
Money in vs. money out
Total income / additions$70.6M
Total expenses$21.9M
Benefits paid / distributions$21.7M
Contributions
Employer$11.4M
Participant$11.4M
Full reported line items

Net assets

Total assets (EOY)
$311,181,981
Total liabilities (EOY)
$0
Net assets (EOY)
$311,181,981
Net assets (BOY)
$262,526,700

Income & contributions

Employer contributions
$11,366,051
Participant contributions
$11,372,016
Total contributions
$23,726,416
Total income / additions
$70,554,013

Expenses & distributions

Benefits paid
$21,668,647
Administrative expenses
$250,305
Total expenses
$21,898,732
Net increase / (decrease)
$48,655,281
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 50%Participant 50%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Principal Life Insurance Company$172.3K
    CONTRACT ADMINISTRATOR · Direct $172.3K · Indirect $0
  2. 2
    Pricewaterhousecooper$45K
    ACCOUNTANT · Direct $45K
  3. 3
    Sageview Advisory Group$33K
    INV ADV, PARTICIPANTS · Direct $33K

What to inspect next

Frequently asked questions

Who sponsors the Novozymes North America, Inc. 401(K) Savings Plan?
Novozymes North America, Inc. 401(K) Savings Plan is reported as sponsored by Novozymes North America, Inc. (EIN 13-2639630, plan number 003) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Novozymes North America, Inc. 401(K) Savings Plan?
The latest Form 5500 filing year loaded for Novozymes North America, Inc. 401(K) Savings Plan is 2023.
How many participants does Novozymes North America, Inc. 401(K) Savings Plan report?
Novozymes North America, Inc. 401(K) Savings Plan reports 1,730 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Novozymes North America, Inc. 401(K) Savings Plan?
Novozymes North America, Inc. 401(K) Savings Plan reports $311,181,981 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages