401(k) · DOL Form 5500 · 2024

Nokia of America Corporation 401(k) Plan

Data updated 2026-08-06

$9.8B
Total assets: 7,104
Participants: 100th
Percentile by assets: $1.4M
Avg per participant

Official DOL plan name: Nokia Savings/401(k) Plan · Sponsored by Nokia of America Corporation · New Jersey · Manufacturing

$9.8B in assets, 7,104 participants

Nokia of America Corporation's Nokia Savings/401(k) Plan reported $9.8B in total assets and 7,104 participants in its 2024 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 116,472 plans)

Coverage in New Jersey

Nokia Savings/401(k) Plan covers 7,104 participants in New Jersey, 8.2x the typical New Jersey plan (state average ~865 per filing). Assets: $9.8B.

$9.8B
total plan assets (2024 EOY): 7,104
covered participants: 100th
percentile by assets (of 116,472 plans): $1.4M
avg assets per participant

Nokia Savings/401(k) Plan reported net income fell from $906M in the plan year 2023 filing to $574M in the plan year 2024 filing.
Nokia Savings/401(k) Plan end-of-year assets rose from $9.1B in the plan year 2023 filing to $9.8B in the plan year 2024 filing.
Nokia Savings/401(k) Plan reported participants fell from 7,326 in the plan year 2023 filing to 7,104 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Manufacturing

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Nokia Savings/401(k) Plan reports 7,104 participants - 8.2x that state average ($9.8B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$9.1B
Net Assets (End of Year)	$8.9B
Net Income	$574M
Employer EIN	223408857
Plan Effective Date	1996-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Nokia of America Corporation)

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 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Nokia Savings/401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
Verizon Savings Plan for Management Employees $29.4B · 69,218
Johnson and Johnson Savings Plan $23.6B · 42,583
Ernst & Young Retirement Savings Plan $18.3B · 56,714
Merck US Savings Plan $15.0B · 27,956

Compare Nokia Savings/401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nokia Savings/401(k) Plan by total assets, not by location.

McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan (NY) $9.8B · 17,700
The Permanente Medical Group, Inc. Salary Deferral Plan (CA) $9.9B · 21,688
The Bank of New York Mellon Corporation 401(k) Savings Plan (PA) $9.9B · 24,183
Qualcomm Incorporated Employee Savings and Retirement Plan (CA) $9.7B · 13,777

Frequently Asked Questions

How did Nokia Savings/401(k) Plan assets move in 2024? ▼

Nokia Savings/401(k) Plan grew at a solid clip - up 8.2% during 2024, from $9.1B to $9.8B. Reported net income was $574M.

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 Savings/401(k) Plan rank by assets among Form 5500 filers? ▼

Nokia Savings/401(k) Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Nokia Savings/401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan in NY ($9.8B, 17,700 participants).

Next read for Nokia Savings/401(k) Plan

Filing takeaways

Ways to act on Nokia Savings/401(k) Plan's numbers.

By total assets, Nokia Savings/401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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

Read our methodology - how this data is sourced, computed, and verified.

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