Novozymes North America, Inc. 401(k) Plan: Login, Facts & Contact Information

Novozymes North America, Inc. 401(k) Plan Facts

Plan name
NOVOZYMES NORTH AMERICA, INC. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NOVOZYMES NORTH AMERICA, INC.
Participants
1,733 (1,170 active employees)
Former employees with a balance
491
Plan assets
$351,463,478 at Dec 31, 2024
Average account balance
$212,365 across 1,655 accounts
Employer contributions
$11,523,162 in plan year 2024 (48% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2004
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $24.2 million went into the plan in contributions, $11.5 million of it from the employer (48%).
  • $29.5 million was paid out to participants.
  • Investment and other income added $45.8 million.
  • Administrative expenses were $239,549, about $145 per account.

How the Novozymes North America, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,640$257.0 million$8.83 million$24.3 million
20201,573$287.7 million$8.86 million$26.7 million
20211,503$313.2 million$8.61 million$33.3 million
20221,642$262.5 million$10.1 million$23.2 million
20231,730$311.2 million$11.4 million$21.7 million
20241,733$351.5 million$11.5 million$29.5 million

Novozymes North America, Inc. 401(k) Contact Information

Phone
919-494-3000
Mailing address
77 PERRYS CHAPEL CHURCH RD PO BOX 576, FRANKLINTON NC 275259677
Plan sponsor
NOVOZYMES NORTH AMERICA, INC.
Employer identification number (EIN)
13-2639630
Plan number
003

Questions about the Novozymes North America, Inc. 401(k)

Does Novozymes North America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $11.5 million, 48% of all contributions.

Does the Novozymes North America, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Novozymes North America, Inc 401(k) plan?

1,733 participants at the start of plan year 2024, 1,170 of them active employees, and 491 former employees who still had money in the plan.

What is the average 401(k) balance at Novozymes North America, Inc?

About $212,365 per account: $351.5 million in plan assets across 1,655 accounts with a balance at the end of plan year 2024.

Who manages the Novozymes North America, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Novozymes North America, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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