Genmab Us, Inc. 401(K) Plan — Form 5500 plan (Genmab Us, 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, Genmab Us, Inc. 401(K) Plan is a benefit plan reported by Genmab Us, Inc. under EIN 26-2011084 and plan number 001. The latest loaded filing year is 2023. The filing reports 723 participants and $84,785,265 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$84.8MPlan net assets, end of year$84,785,265
Participants723Covered participants reported
Assets / participant$117.3KComputed: assets ÷ participants$117,269 (computed)
Provider compensation$50.1K1 Schedule C provider row(s)$50,116
Plan sponsor
Genmab Us, Inc.
EIN
26-2011084
Plan number
001
Plan type
2
Location
Princeton, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023723H, C20241015144113NAL0030016657001
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)$84.8M total assets
Net assets$84.8MLiabilities$0
Money in vs. money out
Total income / additions$43.7M
Total expenses$2.7M
Benefits paid / distributions$2.6M
Contributions
Employer$10M
Participant$14.3M
Full reported line items

Net assets

Total assets (EOY)
$84,785,265
Total liabilities (EOY)
$0
Net assets (EOY)
$84,785,265
Net assets (BOY)
$43,695,446

Income & contributions

Employer contributions
$10,028,691
Participant contributions
$14,281,279
Total contributions
$32,403,148
Total income / additions
$43,749,286

Expenses & distributions

Benefits paid
$2,609,351
Administrative expenses
$50,116
Total expenses
$2,659,467
Net increase / (decrease)
$41,089,819
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 41%Participant 59%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income6%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$50,116$02023

Related Form 5500 pages