401(k) · DOL Form 5500 · 2023
Nokia of America Corporation 401(k) Plan
Data updated 2026-08-25
- $9.1B
- Total assets Very large vs avg
- 7,326
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $1.2M
- Avg per participant High balance/head
Official DOL plan name: Nokia Savings/401(k) Plan · Sponsored by Nokia of America Corporation · New Jersey · Manufacturing
$9.1B in assets, 7,326 participants
Nokia of America Corporation's Nokia Savings/401(k) Plan reported $9.1B in total assets and 7,326 participants in its 2023 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.
- #18,661 in Manufacturing (18,722 peers)
Coverage in New Jersey
Nokia Savings/401(k) Plan covers 7,326 participants in New Jersey, 8.7x the typical New Jersey plan (state average ~844 per filing). Assets: $9.1B.
- #18,661
- in Manufacturing (18,722 peers)
- +11.2%
- assets growth YoY
- 91×
- vs typical plan assets (national mean)
Nokia Savings/401(k) Plan's outsized position by total assets
Nokia Savings/401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$9,082,191,000 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Nokia Savings/401(k) Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nokia Savings/401(k) Plan lands in the large band (7,326 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nokia Savings/401(k) Plan reported net income rose from -$1.7B in the plan year 2022 filing to $906M in the plan year 2023 filing.
- Nokia Savings/401(k) Plan end-of-year assets rose from $8.2B in the plan year 2022 filing to $9.1B in the plan year 2023 filing.
- Nokia Savings/401(k) Plan reported participants fell from 7,340 in the plan year 2022 filing to 7,326 in the plan year 2023 filing.
DOL schedule card
Filing strip 223408857 · Nokia of America Corporation PY 2023 · 401(k)
Nokia Savings/401(k) Plan · $9.1B · 7,326 · 100th
- BOY $9.1B
- SCH 7,326
- EBSA 100th
- PART 401(k)
- TYPE near McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan
- NET ind #18661
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in New Jersey →
Nokia Savings/401(k) Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $8.2B |
|---|---|
| Net Assets (End of Year) | $8.4B |
| Net Income | $906M |
| Employer EIN | 223408857 |
| Plan Effective Date | 1996-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nokia of America Corporation)
Sponsor-wide plan assets over time
All Nokia of America Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $26.7B 1.355945794953155% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 14,753 | $27.1B |
| 2023 | 3 | 14,818 | $27.2B |
| 2024 | 3 | 14,384 | $26.7B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Scale composition for Nokia Savings/401(k) Plan
Nokia Savings/401(k) Plan reports $9.1B in end-of-year assets across 7,326 participants (0.074% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $1.2M per participant (9.0x the national average assets-per-participant) . Net income for plan year 2023 was $906M.
This plan identity (EIN 223408857, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.2B to $9.8B (+20.4%) while covered participants moved from 7,340 to 7,104 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,340 | $8.2B | Open filing |
| 2023 | 7,326 | $9.1B | This page |
| 2024 · index core | 7,104 | $9.8B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Nokia Retirement Income Plan (Defined Benefit (Pension), $12.9B, 7,280 participants)
- Nokia Savings/401(k) Plan (401(k), $9.8B, 7,104 participants)
Nokia Savings/401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan in NY ($9.1B); by covered participants it is Regency Integrated Health Services 401(k) Plan in TX (7,330 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9.1B here).
- McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan (NY) $9.1B · 17,796
- Advocate Aurora Health 401(k) Plan (WI) $9.1B · 76,956
- Southwest Airlines Pilots Retirement Savings Plan (TX) $9.1B · 9,726
- The Bank of New York Mellon Corporation 401(k) Savings Plan (PA) $9.0B · 25,184
Similar participant headcount
Nearest other-state filings by covered participants (7,326 participants); asset peers above are excluded.
- Regency Integrated Health Services 401(k) Plan (TX) 7,330 · 4 off
- Rush Enterprises, Inc. Employee 401(k) Plan (TX) 7,322 · 4 off
- Transdigm Inc. 401(k) Plan (OH) 7,334 · 8 off
- Hbc 401(k) Retirement Savings Plan (NY) 7,317 · 9 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.