401(k) · DOL Form 5500 · 2023

Lumos Networks Operating Company 401(k) Plan

Data updated 2026-08-11

$98M
Total assets
881
Participants
91st
Percentile by assets
$111,474
Avg per participant
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Official DOL plan name: Lumos Networks Savings and Security Plan · Sponsored by Lumos Networks Operating Company · Virginia · Information & Media

$98M in assets, 881 participants

Lumos Networks Operating Company's Lumos Networks Savings and Security Plan reported $98M in total assets and 881 participants in its 2023 DOL Form 5500 filing, ranking in the 91st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 91st percentile by assets (of 127,072 plans)
  • #2,455 in Information & Media (2,818 peers)

Where Lumos Networks Savings and Security Plan sits by assets

Lumos Networks Savings and Security Plan sits in the top 10% of all filed plans by assets, $98M for 881 participants (~$111,474/participant), up 13.8% in 2023.

$98M
total plan assets (2023 EOY)
881
covered participants
91st
percentile by assets (of 127,072 plans)
$111,474
avg assets per participant

Where Lumos Networks Savings and Security Plan sits by total assets

Lumos Networks Savings and Security Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$98,208,208 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lumos Networks Savings and Security Plan reported net income rose from -$17M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Lumos Networks Savings and Security Plan end-of-year assets rose from $86M in the plan year 2022 filing to $98M in the plan year 2023 filing.
  • Lumos Networks Savings and Security Plan reported participants rose from 862 in the plan year 2022 filing to 881 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Lumos Networks Savings and Security Plan vs the 2023 asset distribution

By assets, Lumos Networks Savings and Security Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$98M
Net Income$12M
Employer EIN900673286
Plan Effective Date2011-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lumos Networks Operating Company)

$80M$100M$120M$140M 202220232024 $86.3M $134M ▲ +55.3%
Total plan assets by year, all Lumos Networks Operating Company plans on file
Year Plans Participants Total Assets
2022 1 862 $86M
2023 1 881 $98M
2024 1 841 $134M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lumos Networks Savings and Security Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Lumos Networks Savin…, Total assets ($B): 0.098208208 · Participants: 881Lumos Networks Savin…Northrop Grumman Sav…, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employee…
Lumos Networks Savings and Security Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lumos Networks Savings and Security Plan by total assets, not by location.

Frequently Asked Questions

How did Lumos Networks Savings and Security Plan assets move in 2023?
Lumos Networks Savings and Security Plan grew at a solid clip - up 13.8% during 2023, from $86M to $98M. Reported net income was $12M.
How have Lumos Networks Operating Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Lumos Networks Operating Company's sponsor-wide assets grew 55.3%, from $86M to $134M.
Where does Lumos Networks Savings and Security Plan rank by assets among Form 5500 filers?
Lumos Networks Savings and Security Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Lumos Networks Savings and Security Plan?
Among 401(k) plans in other states, the closest by assets is Src Employees Savings Trust in MO ($98M, 1,557 participants).

Next read for Lumos Networks Savings and Security Plan

Scale reading

Ways to act on Lumos Networks Savings and Security Plan's numbers.