Plan Snapshot
- Plan Sponsor: Lumen Technologies, INC.
- Sponsor EIN: 720651161
- Sponsor Address: 100 CENTURYLINK DRIVE, MONROE, LA, 71203
- Plan Type: 401(k)
- Total Participants: 21,466
- Total Assets: $7.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 21,466 | $7.3B | $81.2M | $201.4M |
| 2023 | 23,928 | $7.1B | $86.5M | $213.7M |
| 2022 | 24,420 | $6.6B | $90.1M | $220.5M |
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 |
|---|---|---|---|---|
| EISNERAMPER, LLP | Auditor | $50,000 | — | $50,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,000
- Estimated Expense Ratio: 0.001% 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 | $1,117,525 | — | — | $50,000 | — |
| 2023 | $1,133,923 | — | — | $47,250 | — |
| 2022 | $1,216,373 | — | — | — | — |