Plan Snapshot
- Plan Sponsor: Lumen Technologies, INC.
- Sponsor EIN: 720651161
- Sponsor Address: 100 CENTURYLINK DRIVE, MONROE, LA, 71203
- Plan Type: DB
- Total Participants: 9,131
- Total Assets: $4.3B
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 | 9,131 | $4.3B | $0 | $0 |
| 2023 | 10,043 | $4.8B | $170.0M | $0 |
| 2022 | 10,804 | $4.8B | $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 |
|---|---|---|---|---|
| EISNERAMPER LLP | Auditor | $3,956,288 | — | $3,956,288 |
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: $3,956,288
- Estimated Expense Ratio: 0.091% 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 | $37,171,764 | — | $2,661,081 | $3,956,288 | — |
| 2023 | $37,913,452 | — | $2,447,488 | — | — |
| 2022 | $31,964,728 | — | $6,943,441 | — | $790,670 |