Plan Snapshot
- Plan Sponsor: Lumen Technologies, INC.
- Sponsor EIN: 223268918
- Sponsor Address: 100 CENTURYLINK DRIVE, MONROE, LA, 71203
- Plan Type: 401(k)
- Plan Number: 006
- Total Participants: 0
- Total Assets: $6.5B
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 | 0 | $6.5B | $0 | $0 |
| 2023 | 0 | $6.4B | $0 | $0 |
| 2022 | 0 | $6.0B | $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 |
|---|---|---|---|---|
| LUMEN TECHNOLOGIES SERVICE GROUP | Recordkeeper | $1,382,106 | $683 | $1,382,789 |
| CAPITAL INTERNATIONAL, INC. | Investment Advisor | $1,376,678 | — | $1,376,678 |
| JPMORGAN CHASE BANK, N.A. | Investment Advisor | $1,128,934 | — | $1,128,934 |
| MORNINGSTAR, INC. | Investment Advisor | $898,495 | — | $898,495 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $822,069 | — | $822,069 |
| INVESCO TRUST COMPANY | Investment Advisor | $660,535 | — | $660,535 |
| FIDUCIARY MANAGEMENT INC | Investment Advisor | $604,218 | — | $604,218 |
| MACQUARIE INVESTMENT MANAGEMENT ADV | Investment Advisor | $599,702 | — | $599,702 |
| BLACKROCK | Investment Advisor | $571,794 | — | $571,794 |
| JENNISON ASSOCIATES LLC | Investment Advisor | $470,547 | — | $470,547 |
| NEW YORK LIFE INSURANCE COMPANY | Investment Advisor | $469,726 | — | $469,726 |
| STATE STREET GLOBAL ADVISORS TRUST | Investment Advisor | $291,051 | — | $291,051 |
| BLOOMBERG FINANCE L.P. | Other Service Provider | $59,021 | — | $59,021 |
| TWO SIGMA INVESTOR SOLUTIONS, LP | Other Service Provider | $43,138 | — | $43,138 |
| COST EFFECTIVENESS MEASUREMENT INC | Other Service Provider | $22,000 | — | $22,000 |
| ARH GROUP DBA ARBOR RESEARCH & TRAD | Other Service Provider | $13,500 | — | $13,500 |
| EVESTMENT ALLIANCE, LLC | Other Service Provider | $11,325 | — | $11,325 |
| COMMITTEE ON INVESTMENT OF EMPLOYEE | Other Service Provider | $5,450 | — | $5,450 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGAN CHASE BANK, N.A. — Investment Advisor
- MORNINGSTAR, INC. — Investment Advisor
- JENNISON ASSOCIATES LLC — Investment Advisor
- NEW YORK LIFE INSURANCE COMPANY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,430,972
- Estimated Expense Ratio: 0.145% 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 | $9,977,984 | $6,825,262 | $1,377,510 | — | — |
| 2023 | $9,162,873 | $6,480,765 | $1,551,581 | — | — |
| 2022 | $12,281,214 | $8,607,695 | $2,516,786 | — | $1,130,923 |