Nokia Retiree Welfare Benefits Plan — Form 5500 plan (Nokia Of America Corporation)
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, Nokia Retiree Welfare Benefits Plan is a benefit plan reported by Nokia Of America Corporation under EIN 22-3408857 and plan number 504. The latest loaded filing year is 2023. The filing reports 62,122 participants and $648,103,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nokia Of America Corporation
- EIN
- 22-3408857
- Plan number
- 504
- Plan type
- 2
- Location
- Murray Hill, NJ
- Latest filing year
- 2023
- Participants
- 62,122
- End-of-year plan assets
- $648,103,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 62,122 | H, C | 20240918142055NAL0006428352001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $648,103,000
- Total liabilities (EOY)
- $17,562,000
- Net assets (EOY)
- $630,541,000
- Net assets (BOY)
- $573,458,000
Income & contributions
- Employer contributions
- $1,143,000
- Participant contributions
- $58,053,000
- Total contributions
- $110,353,000
- Total income / additions
- $212,838,000
Expenses & distributions
- Benefits paid
- $148,013,000
- Administrative expenses
- $7,742,000
- Total expenses
- $155,755,000
- Net increase / (decrease)
- $57,083,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alight Solutions LLC | NONE | $2,506,491 | not reported in the loaded dataset | 2023 |
| Cvs Caremark | NONE | $443,652 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche Llp | NONE | $435,484 | not reported in the loaded dataset | 2023 |
| Aon Consulting, Inc. | NONE | $130,472 | not reported in the loaded dataset | 2023 |
| Merative | NONE | $73,371 | not reported in the loaded dataset | 2023 |
| Nokia Investment Mngmt Corp. | AFFILIATE | $65,537 | not reported in the loaded dataset | 2023 |
| Universal Mailing Service | NONE | $34,774 | not reported in the loaded dataset | 2023 |
| Blackrock Institutional Trust Co | NONE | $29,077 | $0 | 2023 |
| Bank Of New York Mellon | TRUSTEE | $23,000 | $0 | 2023 |
| United Healthcare | NONE | $18,548 | not reported in the loaded dataset | 2023 |
| Seyfarth Shaw | NONE | $6,840 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Nokia Of America Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Murray Hill, NJ
- Alight Solutions LLC — Schedule C compensation
- Cvs Caremark — Schedule C compensation
- Deloitte & Touche Llp — Schedule C compensation
- Aon Consulting, Inc. — Schedule C compensation
- Merative — Schedule C compensation
- Nokia Investment Mngmt Corp. — Schedule C compensation
- Universal Mailing Service — Schedule C compensation
- Blackrock Institutional Trust Co — Schedule C compensation
- Bank Of New York Mellon — Schedule C compensation
- United Healthcare — Schedule C compensation
- Seyfarth Shaw — Schedule C compensation