Plan Snapshot
- Plan Sponsor: Nokia Of America Corporation
- Sponsor EIN: 223408857
- Sponsor Address: 600 MOUNTAIN AVENUE, ROOM 6D-401A, MURRAY HILL, NJ, 07974
- Plan Type: DB
- Total Participants: 0
- Total Assets: $4.0B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $4.0B | $0 | $0 |
| 2023 | 0 | $4.2B | $0 | $0 |
| 2022 | 0 | $4.4B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $3,824,094 | — | $3,824,094 |
| CVS CAREMARK | Other Service Provider | $2,672,550 | — | $2,672,550 |
| AON CONSULTING, INC. | Recordkeeper | $601,051 | — | $601,051 |
| AETNA | Other Service Provider | $314,874 | — | $314,874 |
| DELOITTE & TOUCHE LLP | Auditor | $256,000 | — | $256,000 |
| UNITED HEALTHCARE | Other Service Provider | $207,751 | — | $207,751 |
| MERATIVE | Other Service Provider | $120,328 | — | $120,328 |
| DAY PITNEY | ERISA Attorney | $101,225 | — | $101,225 |
| NOKIA OF AMERICA CORPORATION | Other Service Provider | $51,674 | — | $51,674 |
| NOKIA INVESTMENT MANAGEMENT | Other Service Provider | $28,375 | — | $28,375 |
| UNIVERSAL MAILING SERVICE | Other Service Provider | $19,359 | — | $19,359 |
| SEYFARTH SHAW | Investment Advisor | $14,562 | — | $14,562 |
| GRAPHIC PARTNERS | Other Service Provider | $9,570 | — | $9,570 |
| CANDID LITHO | Other Service Provider | $6,411 | — | $6,411 |
| CURCIO WEBB | Other Service Provider | $5,714 | — | $5,714 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- AON CONSULTING, INC. — Recordkeeper
- DELOITTE & TOUCHE LLP — Auditor
- DAY PITNEY — ERISA Attorney
- SEYFARTH SHAW — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,233,538
- Estimated Expense Ratio: 0.204% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $9,997,000 | — | $3,195,000 | $256,000 | — |
| 2023 | $8,163,000 | — | $1,806,000 | $61,000 | — |
| 2022 | $8,466,000 | — | — | — | — |