DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Nokia Retirement Income Plan

Corporate pensionMurray Hill, NJ
Assets
$13B
Total assets, Dec 31, 2024 reported
Funded
151.5%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
2
none on the tape
Plan sponsor: Nokia of America Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 96.6%
  • Registered investment companies 3.4%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
2 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2023Jpmcb Liquidity Fundcollective trustJpmorgan Chase Bank, N.A.Cash$1.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jpmcb Liquidity Fundcollective trustJpmorgan Chase Bank, N.A.Cash$2.0M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$13B Dec 31, 2024 reported Form 5500
$14B (2023-12) · $14B (2022-12)
Plan assets
$14B Jan 1, 2024 reported Form 5500
$14B (2023-01) · $19B (2022-01)
Net assets
$13B Dec 31, 2024 reported Form 5500
$14B (2023-12) · $14B (2022-12)
Funded ratio
151.5% Jan 1, 2024 reported Form 5500
148.3% (2023-01) · 159.6% (2022-01)
Funding target
$9.7B Jan 1, 2024 reported Form 5500
$10B (2023-01) · $11B (2022-01)
Discount rate
5.02% Jan 1, 2024 reported Form 5500
5.13% (2023-01) · 5.29% (2022-01)
Participants
86,410 Jan 1, 2024 reported Form 5500
90,189 (2023-01) · 93,628 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$1.1B Dec 31, 2024 reported Form 5500
$1.2B (2023-12) · $1.1B (2022-12)
Net investment income
$-1.0B Dec 31, 2024 reported Form 5500
$-631M (2023-12) · $-4.2B (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202486,410$14B$9.7B151.5%$13Bn/a$12Bn/a
2023 to Dec 31, 202390,189$14B$10B148.3%$14Bn/a$14Bn/a
2022 to Dec 31, 202293,628$19B$11B159.6%$14Bn/a$14Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Alight Solutions LLC codes 15 50 $5.6M PY2024
  • AON Consulting, Inc. codes 11 17 50 $618,181 PY2024
  • Nokia of America Corporation codes 35 50 56 $313,523 PY2024
  • Deloitte & Touche LLP codes 10 50 $273,000 PY2024
  • DAY Pitney codes 29 50 $220,986 PY2024
  • Nokia Investment Management Corp codes 30 49 50 $92,947 PY2024
  • Universal Mailing Service codes 38 50 $34,251 PY2024
  • Candid Litho codes 36 50 $33,015 PY2024
  • Access Corp codes 50 99 $23,249 PY2024
  • Seyfarth Shaw codes 29 50 $12,394 PY2024
  • Curcio Webb codes 16 50 $6,978 PY2024
  • Lucent Tech Inc Master Pension Trus Sched. D M $12B PY2024
  • Jpmcb Liquidity Fund Sched. D C PY2024
  • AON Consulting, Inc. codes 11 PY2024
  • Alight Solutions LLC codes 15 50 $4.2M PY2023
  • AON Consulting, Inc. codes 11 17 50 $604,302 PY2023
  • Nokia of America Corporation codes 35 50 56 $369,695 PY2023
  • Day Pitney codes 29 50 $244,116 PY2023
  • Deloitte & Touche LLP codes 10 50 $229,200 PY2023
  • Candid Litho codes 36 50 $33,619 PY2023
  • Universal Mailing Service codes 38 50 $32,613 PY2023
  • Seyfarth Shaw codes 29 50 $24,727 PY2023
  • Broad Data Systems Inc codes 50 99 $23,414 PY2023
  • Curcio Webb codes 16 50 $6,209 PY2023
  • Jpmcb Liquidity Fund Sched. D C $1.9M PY2023
  • Lucent Tech Inc Master Pension Trus Sched. D M $14B PY2023
  • AON Consulting, Inc. codes 11 PY2023
  • Alight Solutions LLC codes 15 50 $4.7M PY2022
  • AON Consulting, Inc. codes 11 17 50 $495,506 PY2022
  • Nokia of America Corporation codes 35 50 56 $361,588 PY2022
  • Deloitte & Touche LLP codes 10 50 $304,600 PY2022
  • Day Pitney codes 29 50 $173,392 PY2022
  • Candid Litho codes 36 50 $34,200 PY2022
  • Universal Mailing Service codes 38 50 $30,797 PY2022
  • Broad Data Systems Inc codes 50 99 $23,338 PY2022
  • Seyfarth Shaw codes 29 50 $7,381 PY2022
  • Lucent Tech Inc Master Pension Trus Sched. D M $14B PY2022
  • Jpmcb Liquidity Fund Sched. D C $2.0M PY2022
  • AON Consulting, Inc. codes 11 PY2022
What changed
5 events
  • Dec 31, 2024Assets changed
    Nokia Retirement Income Plan total assets $13.9B -> $12.9B (-7.3%, 2023-12-31 to 2024-12-31)
  • Jan 1, 2024Funded status changed
    Nokia Retirement Income Plan funded ratio 148.3% -> 151.5% (2023-01-01 to 2024-01-01)
  • Dec 31, 2023Consultant changedinference
    Curcio Webb appears on Nokia Retirement Income Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Curcio Webbaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Nokia Retirement Income Plan funded ratio 159.6% -> 148.3% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Nokia Retirement Income Plan plan assets $18.7B -> $14.5B (-22.3%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 223408857-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.