Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Lucent Supplemental Benefits Trust For Formerly R
- Sponsor EIN: 206673883
- Sponsor Address: 600 MOUNTAIN AVENUE, ROOM 2T-314, MURRAY HILL, NJ, 07974
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 26,366
- Total Assets: $172.3M
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 | 26,366 | $172.3M | $0 | $0 |
| 2023 | 28,528 | $189.6M | $0 | $0 |
| 2022 | 30,883 | $186.4M | $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 |
|---|---|---|---|---|
| PAYDEN AND RYGEL | Other Service Provider | $114,180 | — | $114,180 |
| MEKETA INVESTMENT GROUP, INC. | Other Service Provider | $75,000 | — | $75,000 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $43,196 | — | $43,196 |
| BANK OF NEW YORK MELLON | Other Service Provider | $15,000 | — | $15,000 |
| WELLINGTON TRUST COMPANY, N.A. | Other Service Provider | $11,863 | — | $11,863 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $9,603 | — | $9,603 |
| UNION INSURANCE GROUP | Other Service Provider | $7,889 | $1,178 | $9,067 |
| CALIBRE CPA GROUP PLLC | Auditor | $8,565 | — | $8,565 |
| NOKIA INVESTMENT MANAGEMENT CORP | Other Service Provider | $7,084 | — | $7,084 |
| SLEVIN & HART | ERISA Attorney | $6,819 | — | $6,819 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP PLLC — Auditor
- SLEVIN & HART — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $300,377
- Estimated Expense Ratio: 0.174% 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 | $299,199 | $253,842 | $7,889 | $8,565 | — |
| 2023 | $298,557 | $251,435 | $7,863 | $11,368 | — |
| 2022 | $302,664 | $248,364 | — | — | $46,429 |