Employers › Lumen Technologies
Recordkeeping fees per participant · Lumen 401(k) Savings Plan · plan year 2024
$22.94
Higher than 30% of the 790 plans over $1B that report it.
= $841,589 / 36,691
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260721092549NAL0013816480001, received 2026-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260721092549NAL0013816480001, received 2026-07-21
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2026-07-21.
Administrative expenses excluding investment management, per participant
$30.46
Higher than 28% of the 1,045 plans over $1B that report it.
= $1,117,525 / 36,691
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260721092549NAL0013816480001, received 2026-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260721092549NAL0013816480001, received 2026-07-21
Administrative expenses per participant
$30.46
Higher than 13% of the 1,076 plans over $1B that report it.
= $1,117,525 / 36,691
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260721092549NAL0013816480001, received 2026-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260721092549NAL0013816480001, received 2026-07-21
Administrative expenses as a share of assets
0.015%
Higher than 12% of the 1,076 plans over $1B that report it.
= $1,117,525 / $7,295,025,591
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260721092549NAL0013816480001, received 2026-07-21
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260721092549NAL0013816480001, received 2026-07-21
Employer contributions per participant
$2,214
Higher than 22% of the 1,135 plans over $1B that report it.
= $81,247,248 / 36,691
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260721092549NAL0013816480001, received 2026-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260721092549NAL0013816480001, received 2026-07-21
Employer share of total contributions
26.9%
Higher than 29% of the 1,135 plans over $1B that report it.
= $81,247,248 / $302,411,114
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260721092549NAL0013816480001, received 2026-07-21
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260721092549NAL0013816480001, received 2026-07-21
88.7% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $9,975,479 ($302.34 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are described in Lumen Technologies, Inc.'s SEC filings: Form 10-K filed 2026-02-20. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 2S pre-approved plan document · 2O ESOP-related feature · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260721092549NAL0013816480001, received 2026-07-21
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LUMEN TECHNOLOGIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Plan name | LUMEN 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Sponsor EIN / plan number | 72-0651161 / 010 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Sponsor location | MONROE, LA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Industry (business code) | 517000, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Filing received | 2026-07-21 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Participants, beginning of year | 40,930 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Active participants | 21,466 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Participants, end of year | 37,308 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Participants with an account balance | 36,691 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Total assets, beginning of year | $7,140,330,247 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Total assets, end of year | $7,295,025,591 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Net assets, end of year | $7,294,806,457 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Total income | $1,156,829,006 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Net income | $154,716,842 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Employer contributions | $81,247,248 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Participant contributions | $201,360,967 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Other contributions (incl. rollovers) | $19,802,899 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Total contributions | $302,411,114 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Benefit payments | $1,001,080,798 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Total expenses (incl. benefit payments) | $1,002,112,164 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Total administrative expenses | $1,117,525 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Recordkeeping fees | $841,589 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| IQPA audit fees | $50,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Administrative expenses excluding investment management | $1,117,525 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Held in master trusts | $6,471,141,968 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Held in common/collective trusts | $936,514 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20260721092549NAL0013816480001, received 2026-07-21 |
| Independent auditor | EISNERAMPER, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20260721092549NAL0013816480001, received 2026-07-21 |
Position = column in the DOL layout for form year 2024. Filing 20260721092549NAL0013816480001, received 2026-07-21.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUPrecordkeeper | NONE | 13 Contract administrator; 15 Recordkeeping and information management; 50 Direct payment from the plan | $841,589 | no |
| SMARTPATH, INC | NONE | 16 Consulting (general); 50 Direct payment from the plan; 49 Other services | $123,250 | no |
| USI CONSULTING GROUP | NONE | 16 Consulting (general); 49 Other services; 50 Direct payment from the plan | $50,822 | no |
| EISNERAMPER | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $50,000 | no |
| SMARTPATH ADVISORS,LLC | NONE | 50 Direct payment from the plan; 16 Consulting (general); 49 Other services | $16,700 | no |
| PENSION BENEFIT INFORMATION, LLC | NONE | 16 Consulting (general); 49 Other services; 50 Direct payment from the plan | $9,061 | no |
| JEFFREY WILSON | NONE | 29 Legal; 50 Direct payment from the plan | $6,825 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20260721092549NAL0013816480001, received 2026-07-21.
CENTURYLINK,INC. DC PLN MASTER TRST (EIN 223268918, PN 006): plan interest $6,471,141,968, 100.0% of the trust. The trust's own filing (20250923164353NAL0002676707001, received 2025-09-23) reports net assets $6,472,766,739, administrative expenses $9,977,984, recordkeeping fees $898,495, investment management fees $6,825,262 and 18 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| LUMEN TECHNOLOGIES SERVICE GROUP | 14 50 | $1,382,106 | $1,381,759 |
| CAPITAL INTERNATIONAL, INC. | 28 51 | $1,376,678 | $1,376,332 |
| JPMORGAN CHASE BANK, N.A. | 28 51 | $1,128,934 | $1,128,651 |
| MORNINGSTAR, INC. | 16 50 | $898,495 | $898,269 |
| NORTHERN TRUST COMPANY | 21 50 | $822,069 | $821,863 |
| INVESCO TRUST COMPANY | 28 51 | $660,535 | $660,369 |
| FIDUCIARY MANAGEMENT INC | 28 51 | $604,218 | $604,066 |
| MACQUARIE INVESTMENT MANAGEMENT ADV | 28 51 | $599,702 | $599,551 |
| BLACKROCK | 16 50 | $571,794 | $571,650 |
| JENNISON ASSOCIATES LLC | 28 51 | $470,547 | $470,429 |
| NEW YORK LIFE INSURANCE COMPANY | 28 51 | $469,726 | $469,608 |
| STATE STREET GLOBAL ADVISORS TRUST | 28 51 | $291,051 | $290,978 |
| BLOOMBERG FINANCE L.P. | 72 50 | $59,021 | $59,006 |
| TWO SIGMA INVESTOR SOLUTIONS, LP | 72 50 | $43,138 | $43,127 |
| COST EFFECTIVENESS MEASUREMENT INC | 16 50 | $22,000 | $21,994 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $7,140,330,247 | $7,295,025,591 | 2.2% |
| Participants with a balance | 40,193 | 36,691 | -8.7% |
| Administrative expenses | $1,133,923 | $1,117,525 | -1.4% |
| Recordkeeping fees per participant | $22.58 | $22.94 | 1.6% |
| Employer contributions | $86,494,749 | $81,247,248 | -6.1% |
Prior filing 20260721092618NAL0010921841001, received 2026-07-21; the plan years are contiguous.
Sponsor name as filed: LUMEN TECHNOLOGIES, INC.; SEC registrant: Lumen Technologies, Inc. (CIK 18926, matched by EIN; display name from the Form 10-K cover).