Plan Snapshot
- Plan Sponsor: Frontier Communications Parent, INC.
- Sponsor EIN: 862359749
- Sponsor Address: 2 WASHINGTON AVE, NORWALK, CT, 06854
- Plan Type: 401(k)
- Total Participants: 12,015
- Total Assets: $2.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 12,015 | $2.9B | $32.9M | $91.4M |
| 2023 | 12,125 | $2.7B | $32.7M | $91.8M |
| 2022 | 13,445 | $2.5B | $33.4M | $94.4M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $894,980 | — | $894,980 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $465,203 | — | $465,203 |
| NEPC, LLC | INVESTMENT ADVISOR | $160,000 | — | $160,000 |
| KILPATRICK TOWNSEND | ATTORNEY/LEGAL | $47,082 | — | $47,082 |
| INSERO & COMPANY | CONSULTANT | $37,275 | — | $37,275 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NEPC, LLC — INVESTMENT ADVISOR
- INSERO & COMPANY — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,604,540
- Estimated Expense Ratio: 0.055% 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 | $1,608,697 | $1,054,980 | $10,629 | $37,275 | — |
| 2023 | $1,768,874 | $1,243,397 | $8,400 | $32,000 | — |
| 2022 | $2,045,373 | $1,105,765 | — | — | — |