Plan Ledger DOL Form 5500 · updated monthly

Nokia of America Corporation401(k)

NOKIA SAVINGS/401(K) PLAN · MURRAY HILL, NJ · plan year 2025

Reported admin expense ratio · 2025
0.03%

Nokia of America Corporation reported $2,384,000 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 4 years on file its reported administrative ratio has held roughly steady near 0.026%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 13th-largest of 2,419 plans among New Jersey employers on file, and the 41st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$9,629,438,000
Participants with balances23,739
Active participants7,376
Employer contributions—
Employee contributions$111,667,000
Employer contribution per active participant—
Average account balance$405,638
Benefits paid to participants$805,988,000
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$9.6B · 23,739 accts
2024$8.9B · 24,381 accts
2023$8.4B · 25,956 accts
2022$7.5B · 27,128 accts
What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202512
ALIGHT SOLUTIONS LLC · Recordkeeping · Other services$1,058,274
WELLINGTON MANAGEMENT COMPANY, LLP · Investment management$5,007,292
ALIGHT FINANCIAL ADVISORS LLC · Investment advisory (participants)$2,290,104
JACOBS LEVY EQUITY MANAGEMENT, INC. · Investment management$1,880,223
WELLINGTON TRUST COMPANY, NA · Investment management$1,254,459
AQR CAPITAL MANAGEMENT, LLC · Investment management$1,039,237
BLACKROCK FINANCIAL MANAGEMENT INC. · Investment management · Other services$1,027,538
MERCER INVESTMENTS LLC$834,114
ALLIANCEBERNSTEIN L.P. · Investment management$783,109
MFS INSTITUTIONAL ADVISORS, INC. · Investment management$709,365
ALIGHT FINANCIAL SOLUTIONS LLC · Securities brokerage$694,798
BANK OF NEW YORK · Custodial (securities) · Other services$654,863

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Alight
2024Alight
2023Alight

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Administrative cost history4
2025$2,384,000 · 0.03%
2024$2,324,000 · 0.03%
2023$2,155,000 · 0.03%
2022$2,153,000 · 0.03%
Same employer
Similar plansManufacturing · New Jersey
Merck & Co., Inc. NJ$15.0B · 0.00%
Bayer Corporation NJ$10.8B · 0.03%
Novartis Corporation NJ$9.9B · 0.00%
Sanofi-Aventis US LLC NJ$8.5B · 0.01%
Mars, Incorporated NJ$3.4B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223408857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.