Nokia Savings/401(k) Plan
Nokia Of America Corporation · Murray Hill, NJ · EIN 223408857 · Plan 003 · Form 5500 for plan year 2024
What Nokia Of America put into the plan, per active participant
Not on this filing
The plan ended the year with a fraction of the active participants it began with, so a full year of employer money would divide across the few people left and read as a figure no employee received. The total is shown instead of a per-person amount.
A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else. Nothing is filled in from an average, from another year or from another plan.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL July 18, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
$87.43
The plan paid $87.43 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 77% of plans with 5,000+ participants. The middle plan of that size paid $54.84.
Why a plan this big pays less per person before anything else
Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
Not scored
This filing reports one of the two amounts the score is built from, so it takes none. A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else.
It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.
What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Nokia Of America puts in
Not in public filings for this employer
We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Alight ↗.
What you contribute to collect all of it
Not in public filings for this employer
The rate that collects the full match is part of the match formula, which a Form 5500 does not report.
Vesting score
Not scored
The vesting schedule is stated in a Form 11-K, and we have none for this employer.
A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.
What the plan costs, against plans of its size
77th percentile
$87.43 per participant in plan-paid administrative cost, more expensive than 77% of plans with 5,000+ participants.
What to check next
Money in, without a headcount to divide it by
The plan ended the year with a fraction of the active participants it began with, so the employer money is shown as a total above and not per person. Your own statement, on Alight ↗, shows what reached your account.
What to ask about the fees
This plan paid $87.43 per participant out of plan assets, more than 77% of plans with 5,000+ participants, where the middle plan paid $54.84. The filing does not say what the difference buys. Two questions put that to a benefits or HR team: what the recordkeeping and administration contract costs, and how much of it comes out of participant accounts rather than being paid by Nokia Of America. The lines this total is made of are further down.
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Alight ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $9,831,470,000 |
|---|---|
| Net assets | $8,946,700,000 |
| Participants, beginning of year | 26,582 |
| Of which active | 6,331 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 5,000+ participants |
| Employer share of the money that went in, plan year 2024One of the two contribution lines is blank on this filing. A blank employee line against a filled employer line would read as every dollar coming from the employer, which is a gap in the filing rather than a fact about the plan, so no share is shown. | not stated on this filing |
Plan-paid administrative expenses
The plan paid $2,324,000 in administrative expenses in plan year 2024, across 26,582 participants: $87.43 per participant.
| Contract administrator fees | not reported in filing |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | not reported in filing |
| Other administrative fees | $2,324,000 |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 5,000+ participant cohort, where the median plan pays $54.84 per participant. The sponsor files from New Jersey, one of 1,799 plans on file there, at a median of $116.34 per participant. Its business code places the plan in computers and electronics manufacturing, one of 644 on file, which run to a median of $136.67.
Plans of a similar size in New Jersey
| Plan | Participants | Cost per participant |
|---|---|---|
| BD 401(k) PlanBecton, Dickinson And Company | 32,123 | $20.36 |
| Sanofi U.S. Group Savings PlanSanofi-Aventis US LLC | 27,200 | $37.50 |
| Novartis Corporation Investment Savings PlanNovartis Corporation | 24,569 | $7.61 |
| Samsung 401(k) PlanSamsung Electronics America, Inc. | 21,380 | $82.62 |
Service providers (Schedule C)
Recordkeeper: Alight (as filed: “ALIGHT SOLUTIONS LLC”)
46 plans on file name Alight as their recordkeeper, at a median of $87.90 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Jacobs Levy Equity Management, Inc. | 51, 50, 28 | 2,486,541 | not reported |
| Alight Financial Advisors LLC | 50, 26 | 2,282,316 | not reported |
| Wellington Management Company, LLP | 51, 50, 68, 28 | 1,947,788 | 0 |
| Mfs Institutional Advisors, Inc. | 51, 50, 68, 28 | 1,103,916 | 0 |
| Alight Solutions LLC | 50, 49, 15 | 995,593 | 0 |
| Blackrock Financial Management Inc. | 50, 51, 49, 28 | 938,135 | not reported |
| Bank Of New York | 62, 49, 25, 21, 50, 19 | 773,695 | 0 |
| Wellington Trust Company, Na | 51, 50, 68, 28 | 759,352 | 0 |
| Nokia Investment Management Corp | 99, 50, 31, 28 | 635,361 | 76 |
| Aqr Capital Management, LLC | 51, 50, 28 | 629,337 | not reported |
| Alight Financial Solutions LLC | 71, 63, 33, 50, 61, 60, 59 | 544,626 | 40,449 |
| Lsv | 51, 50, 28 | 564,518 | not reported |
| Fiam LLC | 51, 50, 28 | 544,363 | not reported |
| Alliancebernstein L.P. | 51, 50, 28 | 440,681 | not reported |
| Pershing LLC | 61, 99, 71, 59 | 0 | 411,018 |
| T. Rowe Price Trust Company | 51, 50, 68, 28 | 381,252 | 0 |
| Pzena | 51, 50, 28 | 305,961 | not reported |
| Jp Morgan Investment Management | 51, 50, 28 | 270,450 | not reported |
| Blackrock Institutional Trust Co. | 71, 50, 51, 49, 28 | 219,560 | 0 |
| Nokia Of America Corporation | 56, 50, 35 | 176,722 | not reported |
| Ares Management LLC | 51, 50, 28 | 164,160 | not reported |
| Templeton Investment Counsel, LLC | 51, 50, 68, 28 | 132,942 | not reported |
| Deloitte & Touche | 50, 10 | 125,000 | not reported |
| Brown Brothers Harriman | 51, 50, 28 | 78,360 | not reported |
| Aon Consulting, Inc. | 50, 16 | 75,000 | not reported |
| Cem Benchmarking Inc. | 50, 49 | 67,000 | not reported |
| Day Pitney LLP | 50, 29 | 35,809 | not reported |
| Seyfarth Shaw | 50, 29 | 25,752 | not reported |
| Graphic Partners | 50, 38 | 23,944 | not reported |
| Curcio Webb | 50, 49 | 8,334 | not reported |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250718092749NAL0001483697001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Nokia Savings/401(k) Plan: Form 5500 facts", from DOL EFAST2 filing 20250718092749NAL0001483697001, plan year ended December 31, 2024.