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11-K: Annual report of employee stock purchase, savings and similar plans (and amendment thereto)

SEC announcement ·  Jun 21 22:42
Summary by Futu AI
Novo Nordisk A/S, a global healthcare company, has filed its annual Form 11-K report with the U.S. Securities and Exchange Commission for the fiscal year ended December 31, 2023. The report details the financial statements of the Novo Nordisk Puerto Rico 401(k) Plan, which is a defined contribution plan for the company's employees in Puerto Rico. The plan's net assets available for pension benefits saw a significant increase from $6,164,237 in 2022 to $8,264,238 in 2023. The report includes unaudited financial statements such as statements of net assets and changes in net assets available for pension benefits, along with notes to the financial statements. The plan's investments, which include mutual funds, common collective trusts, and Novo Nordisk A/S common stock...Show More
Novo Nordisk A/S, a global healthcare company, has filed its annual Form 11-K report with the U.S. Securities and Exchange Commission for the fiscal year ended December 31, 2023. The report details the financial statements of the Novo Nordisk Puerto Rico 401(k) Plan, which is a defined contribution plan for the company's employees in Puerto Rico. The plan's net assets available for pension benefits saw a significant increase from $6,164,237 in 2022 to $8,264,238 in 2023. The report includes unaudited financial statements such as statements of net assets and changes in net assets available for pension benefits, along with notes to the financial statements. The plan's investments, which include mutual funds, common collective trusts, and Novo Nordisk A/S common stock, are reported at fair value. The plan is exempt from the annual audit requirement due to having fewer than 100 participants and meets the conditions for an audit waiver under the Department of Labor’s Regulation. The plan's administrator is Novo Nordisk Inc., and Charles Schwab Trust Company serves as the trustee and custodian. The financial statements also note that the plan is in compliance with the Employee Retirement Income and Security Act of 1974 (ERISA) and the Puerto Rico Internal Revenue Code.

This announcement is a separate document:

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