PlanOptica
Retirement plan

NOKIA RETIREMENT PLAN

ALCATEL-LUCENT USA INC.EIN 22-3408857Plan #007PY 2016
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600 MOUNTAIN AVENUE,ROOM 6D-401A - MURRAY HILL, NJ 07974908-723-9869LinkedIn1-10 employees
Other plans on this EIN
3 filings
#001Retirement-$17.88B assets#003Retirement-$8.32B assets#002Retirement-$5.78B assets
Prospect flagsHigh retiree %Low returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(908) 723-9869
Plan administrator signer
SUSAN LEAR
Signed 10/11/2017
How to read this page

Summary metrics

Total assets (EOY)
$180.8M
+21.1% from 2016
Total participants
1,729
+3.9% from 2016
Average account balance
$0
No prior year
Annual return
-12.26%
+23.58 pp from 2016

Benchmarks

See 324 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants250-999
Cohort324 peers
Snapshot2016
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $5,776
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $41,934
Admin fee / account holder
$0
median $128
Annual return
-12.26%
median 6.67%
Overall peer rank
1st percentileavg across 6 metrics

Analytics

2015 - 2021
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$126K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,021
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-93.41%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
AON CONSULTING, INC.2+ years
Service code 11 · EIN 22-2232264
Actuarial
$249,600
ERNST & YOUNG2+ years
Service code 10 · EIN 34-6565596
Accounting
$204,437
HEWITT ASSOCIATES LLC2+ years
Service code 15 · EIN 36-2235791
Recordkeeping
$86,116
ALCATEL-LUCENT USA INC.2+ years
Service code 35 · EIN 22-3408857
Employee (plan sponsor); Direct payme...
$12,050

Enrolled actuary

1 attachment
SB

LAWRENCE A. GOLDEN

AON CONSULTING, INC.
Enrollment #1704197
400 ATRIUM DRIVE
SOMERSET, NJ 08873
(732) 302-2142
Signed 2017-09-15

Top hat statement on fileNQDC

Filed November 17, 2017 (most recent of 3 filings on file)

Open the filing PDF

Plan features & details

Pension benefit codes1B1E3F3H
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$672K
$1507 / participant
  • Other / not subdivided$672K100.0%
% of EOY assets
0.372%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
PRICEWATERHOUSE COOPERS LLP
Auditor EIN
134008324
Audit fees
(not subdivided)
Opinion code
Unqualified