Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Nokia Retirement Income Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Nokia of America Corporation · New Jersey · Manufacturing

What the 2023 filing shows

Nokia Retirement Income Plan holds $14.5B for 7,413 participants — about $2.0M per participant, down 22.3% over the 2022 plan year.

$14.5B
total plan assets (2022 EOY)
7,413
covered participants
$2.0M
avg assets per participant
-22.3%
assets change YoY

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.

Total Assets (2023)
$14.5B
Participants
7,413
State
Industry
Manufacturing

What the Filing Says About Nokia Retirement Income Plan

Nokia Retirement Income Plan is a Defined Benefit (Pension) retirement plan sponsored by Nokia of America Corporation, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $14.5B in total end-of-year assets and covers 7,413 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 223408857, and the plan has been effective since 1996-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18.7B at the beginning of 2022 to $14.5B at year-end — a decline of 22.3%. Net assets (after liabilities) closed the year at $14.5B, with reported net income of $-4,159,603,000 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$18.7B
Total Assets (End of Year)$14.5B
Net Assets (End of Year)$14.5B
Net Income$-4,159,603,000
Plan TypeDefined Benefit (Pension)
Employer EIN223408857
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nokia of America Corporation)

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.

Frequently Asked Questions

How much money is in the Nokia Retirement Income Plan?
As of the 2022 Form 5500 filing, Nokia Retirement Income Plan holds $14.5B in total assets with 7,413 participants. It is sponsored by Nokia of America Corporation.
What type of plan is Nokia Retirement Income Plan?
Nokia Retirement Income Plan is a Defined Benefit (Pension) plan. It has been effective since 1996-10-01. The plan is filed with the U.S. Department of Labor under EIN 223408857.
Who sponsors the Nokia Retirement Income Plan?
Nokia Retirement Income Plan is sponsored by Nokia of America Corporation, located in New Jersey. The sponsor's EIN is 223408857 and the plan operates in the Manufacturing industry.
How did Nokia Retirement Income Plan perform in 2022?
Nokia Retirement Income Plan declined by 22.3% during 2022, moving from $18.7B to $14.5B in total assets. Net income was $-4,159,603,000.
Where can I find official filings for Nokia Retirement Income Plan?
Official Form 5500 filings for Nokia Retirement Income Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 223408857 or plan name at efast.dol.gov.
How does Nokia Retirement Income Plan compare to other plans?
You can compare Nokia Retirement Income Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 223408857.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.