2023 Form 5500 filing — Nokia Savings/401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240715111804NAL0000798995001) for Nokia Savings/401(K) Plan, reported by Nokia Of America Corporation under EIN 22-3408857 and plan number 003. It reports 27,726 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240715111804NAL0000798995001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nokia Of America Corporation
- EIN
- 22-3408857
- Plan number
- 003
- Location
- Murray Hill, NJ
- Participants
- 27,726
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,082,191,000
- Total liabilities (EOY)
- $709,510,000
- Net assets (EOY)
- $8,372,681,000
- Participant contributions
- $112,098,000
- Total income / additions
- $1,470,316,000
- Benefits paid
- $562,313,000
- Administrative expenses
- $2,155,000
- Total expenses
- $564,496,000
- Net increase / (decrease)
- $905,820,000
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wellington Management Company, Llp | NONE | $3,122,081 | $0 |
| Alight Financial Advisors LLC | NONE | $2,150,490 | not reported in the loaded dataset |
| Jacobs Levy Equity Management, Inc. | NONE | $2,149,474 | not reported in the loaded dataset |
| Wellington Trust Company, Na | NONE | $1,288,924 | $0 |
| Blackrock Financial Management Inc. | NONE | $1,151,379 | not reported in the loaded dataset |
| Mfs Institutional Advisors, Inc. | NONE | $1,145,055 | $0 |
| Fiam LLC | NONE | $1,113,833 | not reported in the loaded dataset |
| Alight Solutions LLC | NONE | $1,012,800 | $0 |
| T. Rowe Price Trust Company | NONE | $893,824 | $0 |
| Bank Of New York Mellon | TRUSTEE | $858,832 | $0 |
| Aqr Capital Management, LLC | NONE | $837,800 | not reported in the loaded dataset |
| Templeton Investment Counsel, LLC | NONE | $816,399 | $0 |
| Nokia Investment Management Corp | AFFILIATE | $637,606 | $175 |
| Lsv | NONE | $635,601 | not reported in the loaded dataset |
| Alliancebernstein L.P. | NONE | $562,467 | not reported in the loaded dataset |
| Blackrock Institutional Trust Co. | NONE | $449,495 | $0 |
| Alight Financial Solutions LLC | NONE | $386,889 | $55,058 |
| Pzena | NONE | $407,062 | not reported in the loaded dataset |
| Jpmorgan Chase Bank, N.A. | NONE | $361,033 | not reported in the loaded dataset |
| Pershing LLC | NONE | $0 | $334,251 |
| Loomis, Sayles & Company, L.P. | NONE | $289,814 | not reported in the loaded dataset |
| Nokia Of America Corporation | EMPLOYER | $166,090 | not reported in the loaded dataset |
| Deloitte & Touche | NONE | $125,000 | not reported in the loaded dataset |
| Brown Brothers Harriman | NONE | $95,616 | not reported in the loaded dataset |
| Aon Consulting, Inc. | NONE | $68,750 | not reported in the loaded dataset |
| Callan LLC | NONE | $40,000 | not reported in the loaded dataset |
| Day Pitney Llp | NONE | $37,163 | not reported in the loaded dataset |
| Graphic Partners | NONE | $32,335 | not reported in the loaded dataset |
| Cost Effectiveness Measurement Inc. | NONE | $29,000 | not reported in the loaded dataset |
| Alston And Bird | NONE | $12,899 | not reported in the loaded dataset |
| Curcio Webb | NONE | $11,196 | not reported in the loaded dataset |