2023 Form 5500 filing — Nokia Retiree Welfare Benefits 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 20240918142055NAL0006428352001) for Nokia Retiree Welfare Benefits Plan, reported by Nokia Of America Corporation under EIN 22-3408857 and plan number 504. It reports 62,122 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918142055NAL0006428352001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nokia Of America Corporation
- EIN
- 22-3408857
- Plan number
- 504
- Location
- Murray Hill, NJ
- Participants
- 62,122
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $648,103,000
- Total liabilities (EOY)
- $17,562,000
- Net assets (EOY)
- $630,541,000
- Employer contributions
- $1,143,000
- Participant contributions
- $58,053,000
- Total income / additions
- $212,838,000
- Benefits paid
- $148,013,000
- Administrative expenses
- $7,742,000
- Total expenses
- $155,755,000
- Net increase / (decrease)
- $57,083,000
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Solutions LLC | NONE | $2,506,491 | not reported in the loaded dataset |
| Cvs Caremark | NONE | $443,652 | not reported in the loaded dataset |
| Deloitte & Touche Llp | NONE | $435,484 | not reported in the loaded dataset |
| Aon Consulting, Inc. | NONE | $130,472 | not reported in the loaded dataset |
| Merative | NONE | $73,371 | not reported in the loaded dataset |
| Nokia Investment Mngmt Corp. | AFFILIATE | $65,537 | not reported in the loaded dataset |
| Universal Mailing Service | NONE | $34,774 | not reported in the loaded dataset |
| Blackrock Institutional Trust Co | NONE | $29,077 | $0 |
| Bank Of New York Mellon | TRUSTEE | $23,000 | $0 |
| United Healthcare | NONE | $18,548 | not reported in the loaded dataset |
| Seyfarth Shaw | NONE | $6,840 | not reported in the loaded dataset |