Plan Snapshot
- Plan Sponsor: Frontier Communications Parent, INC.
- Sponsor EIN: 862359749
- Sponsor Address: 2 WASHINGTON STREET, NORWALK, CT, 06854
- Plan Type: DB
- Total Participants: 8,205
- Total Assets: $2.4B
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 | 8,205 | $2.4B | $123.3M | $0 |
| 2023 | 8,761 | $2.4B | $141.6M | $0 |
| 2022 | 9,659 | $2.1B | $139.4M | $0 |
| 2021 | 10,653 | $2.8B | $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 |
|---|---|---|---|---|
| MILLIMAN, INC. | Recordkeeper | $3,570,106 | — | $3,570,106 |
| NEPC, LLC | Recordkeeper | $750,159 | — | $750,159 |
| KILPATRICK TOWNSEND & STOCKTON LLP | ERISA Attorney | $727,598 | — | $727,598 |
| PACIFIC INVESTMT MANAGEMENT CO LLC | Other Service Provider | $529,668 | — | $529,668 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $393,482 | — | $393,482 |
| PARAMETRIC PORTFOLIO ASSOCIATES | Other Service Provider | $363,421 | — | $363,421 |
| FIDUCIARY COUNSELORS INC. | Other Service Provider | $275,000 | — | $275,000 |
| BAILLE GIFFORD | Other Service Provider | $229,928 | — | $229,928 |
| MCCARTER ENGLISH | Other Service Provider | $154,137 | — | $154,137 |
| JPMORGAN CHASE BANK, N.A. | Recordkeeper | $126,705 | — | $126,705 |
| HARVEST CAPITAL | Other Service Provider | $77,034 | — | $77,034 |
| AEI CONSULTANTS | Other Service Provider | $69,300 | — | $69,300 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $58,256 | — | $58,256 |
| INSERO & CO. CPAS, LLP | Auditor | $39,125 | — | $39,125 |
| MAYER BROWN LLP | ERISA Attorney | $9,030 | — | $9,030 |
| QDRO CONSULTANTS CO., LLC | Other Service Provider | $8,050 | — | $8,050 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — Recordkeeper
- NEPC, LLC — Recordkeeper
- KILPATRICK TOWNSEND & STOCKTON LLP — ERISA Attorney
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- JPMORGAN CHASE BANK, N.A. — Recordkeeper
- INSERO & CO. CPAS, LLP — Auditor
- MAYER BROWN LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,380,999
- Estimated Expense Ratio: 0.306% 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 | $10,065,163 | $3,093,002 | — | $39,125 | — |
| 2023 | $21,322,763 | $3,231,881 | — | $64,300 | — |
| 2022 | $24,711,537 | $3,411,204 | $4,137,608 | — | $1,538,401 |
| 2021 | $28,620,661 | $7,934,780 | — | $32,900 | — |