2023 Form 5500 filing — Lumen 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240903120244NAL0009195555001) for Lumen 401(K) Savings Plan, reported by Lumen Technologies, Inc. under EIN 72-0651161 and plan number 010. It reports 45,121 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903120244NAL0009195555001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lumen Technologies, Inc.
- EIN
- 72-0651161
- Plan number
- 010
- Location
- Monroe, LA
- Participants
- 45,121
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,140,330,247
- Total liabilities (EOY)
- $240,632
- Net assets (EOY)
- $7,140,089,615
- Employer contributions
- $86,494,749
- Participant contributions
- $213,689,810
- Total income / additions
- $1,277,888,627
- Benefits paid
- $741,170,422
- Administrative expenses
- $1,133,923
- Total expenses
- $742,226,409
- Net increase / (decrease)
- $535,662,218
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Financial Group | NONE | $907,624 | not reported in the loaded dataset |
| Smartpath, Inc | NONE | $105,045 | not reported in the loaded dataset |
| Eisneramper | NONE | $47,250 | not reported in the loaded dataset |
| Usi Consulting Group | NONE | $22,500 | not reported in the loaded dataset |
| Pension Benefit Information, LLC | NONE | $8,610 | not reported in the loaded dataset |
| Jeffrey Wilson | NONE | $7,900 | not reported in the loaded dataset |