Plan Snapshot
- Plan Sponsor: Bellsouth, LLC
- Sponsor EIN: 581533433
- Sponsor Address: P.O. BOX 132160, DALLAS, TX, 753132160
- Plan Type: 401(k)
- Total Participants: 11,259
- Total Assets: $2.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 11,259 | $2.5B | $13.8M | $53.5M |
| 2023 | 11,993 | $2.3B | $14.5M | $56.9M |
| 2022 | 12,776 | $2.1B | $15.9M | $60.3M |
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 |
|---|---|---|---|---|
| FINANCIAL ENGINES, INC. | NONE | $417,000 | — | $417,000 |
| BLACKROCK FINANCIAL MANAGEMENT INC. | NONE | $371,000 | — | $371,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | NONE | $162,000 | $55,496 | $217,496 |
| AT&T INC. | PLAN SPONSOR | $92,000 | — | $92,000 |
| THE BANK OF NEW YORK MELLON | TRUSTEE | $65,000 | — | $65,000 |
| NEWPORT TRUST COMPANY | NONE | $24,000 | — | $24,000 |
| NORTHERN TRUST COMPANY | NONE | $19,000 | — | $19,000 |
| CEM BENCHMARKING | NONE | $18,000 | — | $18,000 |
| PWC US TAX LLP | NONE | $16,000 | — | $16,000 |
| FLEISHMAN HILLARD INC | NONE | $11,000 | — | $11,000 |
| AT&T SERVICES | PLAN SPONSOR | $10,000 | — | $10,000 |
| OPTAVISE LLC | NONE | $8,000 | — | $8,000 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — NONE
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,268,496
- Estimated Expense Ratio: 0.050% 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 | $1,219,000 | $1,099,000 | — | — | — |
| 2023 | $1,218,000 | $982,000 | — | — | — |
| 2022 | $1,285,000 | $362,000 | $460,000 | — | $379,000 |