Defined Benefit (Pension) · DOL Form 5500 · 2022

Nokia of America Corporation Pension Plan

Data updated 2026-08-06

$14.5B
Total assets
7,413
Participants
100th
Percentile by assets
$2.0M
Avg per participant
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Official DOL plan name: Nokia Retirement Income Plan · Sponsored by Nokia of America Corporation · New Jersey · Manufacturing

$14.5B in assets, 7,413 participants

Nokia of America Corporation's Nokia Retirement Income Plan reported $14.5B in total assets and 7,413 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 100th percentile by assets (of 139,258 plans)
  • #20,604 in Manufacturing (20,629 peers)

Coverage in New Jersey

Nokia Retirement Income Plan covers 7,413 participants in New Jersey, 8.6x the typical New Jersey plan (state average ~865 per filing). Assets: $14.5B.

$14.5B
total plan assets (2022 EOY)
7,413
covered participants
100th
percentile by assets (of 139,258 plans)
$2.0M
avg assets per participant

The plan reported a net loss of $4.2B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Nokia Retirement Income Plan reports 7,413 participants - 8.6x that state average ($14.5B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$18.7B
Net Assets (End of Year)$14.5B
Net Income-$4.2B
Employer EIN223408857
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nokia of America Corporation)

$26.6B$26.8B$27B$27.2B$27.4B 202220232024 $27.1B $26.7B ▼ -1.4%
Total plan assets by year, all Nokia of America Corporation plans on file
Year Plans Participants Total Assets
2022 3 14,753 $27.1B
2023 3 14,818 $27.2B
2024 3 14,384 $26.7B

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Nokia Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Nokia Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000 10121416182022 Total assets ($B) Participants Nokia Retirement Inc…Retirement Plan of J…JPMorgan Chase Retir…The Prudential Merge…Verizon Pension Plan…Pfizer Consolidated …
Nokia Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Scale composition for Nokia Retirement Income Plan

Nokia Retirement Income Plan reports $14.5B in end-of-year assets across 7,413 participants (0.12% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $2.0M per participant (14x the national average assets-per-participant) . Net income for plan year 2022 was -$4.2B.

This plan identity (EIN 223408857, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $14.5B to $12.9B (-11.3%) while covered participants moved from 7,413 to 7,280 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,413 $14.5B This page
2023 7,492 $13.9B Open filing
2024 · index core 7,280 $12.9B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Nokia Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did Nokia Retirement Income Plan assets move in 2022?
Nokia Retirement Income Plan declined sharply - down 22.3% during 2022, from $18.7B to $14.5B. Reported net income was -$4.2B.
How have Nokia of America Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Nokia of America Corporation's sponsor-wide assets declined 1.4%, from $27.1B to $26.7B.
Where does Nokia Retirement Income Plan rank by assets among Form 5500 filers?
Nokia Retirement Income Plan ranks in the 100th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Nokia Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shell Pension Plan in TX ($14.6B, 12,912 participants).

Next read for Nokia Retirement Income Plan

Filing takeaways

Ways to act on Nokia Retirement Income Plan's numbers.

  • By total assets, Nokia Retirement Income Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
  • Nokia of America Corporation's sponsor-wide assets have declined 1.4% since 2022 across 3 plan years on file. More Manufacturing plans