# Lumen Technologies, INC. DB Plan
Source: https://planprovider.pro/companies/lumen-technologies-inc-plan-001

> Lumen Technologies, INC.'s DB plan: 9,131 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|

## Similar Plans

- [Globalstar INC](https://planprovider.pro/companies/globalstar-inc-401k-plan) — 302 participants

- [Lumen Technologies, INC.](https://planprovider.pro/companies/lumen-technologies-inc-401k-plan) — 21,466 participants

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