401(k) · DOL Form 5500 · 2024

Lumen Technologies, Inc. 401(k) Plan

Data updated 2026-08-11

$7.3B
Total assets: 26,319
Participants: 100th
Percentile by assets: $277,177
Avg per participant

Official DOL plan name: Lumen 401(k) Savings Plan · Sponsored by Lumen Technologies, Inc. · Louisiana · Information & Media

$7.3B in assets, 26,319 participants

Lumen Technologies, Inc.'s Lumen 401(k) Savings Plan reported $7.3B in total assets and 26,319 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

100th percentile by assets (of 123,622 plans)
#2,807 in Information & Media (2,822 peers)

Coverage in Louisiana

Lumen 401(k) Savings Plan covers 26,319 participants in Louisiana, 53x the typical Louisiana plan (state average ~495 per filing). Assets: $7.3B.

$7.3B
total plan assets (2024 EOY): 26,319
covered participants: 100th
percentile by assets (of 123,622 plans): $277,177
avg assets per participant

Lumen 401(k) Savings Plan reported net income fell from $536M in the plan year 2023 filing to $155M in the plan year 2024 filing.
Lumen 401(k) Savings Plan reported participants rose from 24,522 in the plan year 2023 filing to 26,319 in the plan year 2024 filing.
Lumen 401(k) Savings Plan end-of-year assets rose from $7.1B in the plan year 2023 filing to $7.3B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Louisiana

Industry

Information & Media

Participants vs Louisiana filers

In Louisiana, the average filing covers about 495 participants across 1,155 plans. Lumen 401(k) Savings Plan reports 26,319 participants - 53x that state average ($7.3B EOY assets).

Louisiana filing particulars

Total Assets (Beginning of Year)	$7.1B
Net Assets (End of Year)	$7.3B
Net Income	$155M
Employer EIN	720651161
Plan Effective Date	1986-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lumen Technologies, Inc.)

Total plan assets by year, all Lumen Technologies, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	14,232	$4.8B
2023	2	35,326	$11.9B
2024	2	36,362	$11.6B

Nearby 401(k) Plans in Louisiana

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

Lumen 401(k) Savings Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Savings Plan of Entergy Corporation and Subsidiaries $4.4B · 9,655
Ochsner Clinic Foundation 401(k) Plan $2.7B · 32,229
Louisiana Children's Medical Center Retirement and Savings Plan $1.0B · 13,357
Amedisys Holding, LLC 401(k) Plan $955M · 18,862
Louisiana Health Service & Indemnity Co. Tax-Favored Savings Program $661M · 3,698

Compare Lumen 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Lumen 401(k) Savings Plan

Lumen 401(k) Savings Plan reports $7.3B in end-of-year assets across 26,319 participants (0.059% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $277,177 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2024 was $155M.

This plan identity (EIN 720651161, plan #010) has 2 Form 5500 filings on file from 2023 to 2024 , with end-of-year assets moving from $7.1B to $7.3B (+2.2%) while covered participants moved from 24,522 to 26,319 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2023	24,522	$7.1B	Open filing
2024 · index core	26,319	$7.3B	This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Lumen Combined Pension Plan (Defined Benefit (Pension), $4.3B, 10,043 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lumen 401(k) Savings Plan by total assets, not by location.

Elevator Constructors Annuity and 401(k) Retirement Plan (PA) $7.3B · 30,239
Automatic Data Processing, Inc. Retirement and Savings Plan (NJ) $7.3B · 34,557
Ntess Savings and Income Plan (NM) $7.2B · 15,926
Emerson Savings Plan (MO) $7.4B · 8,315

Frequently Asked Questions

How did Lumen 401(k) Savings Plan assets move in 2024? ▼

Lumen 401(k) Savings Plan edged up modestly - up 2.2% during 2024, from $7.1B to $7.3B. Reported net income was $155M.

How have Lumen Technologies, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lumen Technologies, Inc.'s sponsor-wide assets grew 142.4%, from $4.8B to $11.6B.

Where does Lumen 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Lumen 401(k) Savings Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Lumen 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Elevator Constructors Annuity and 401(k) Retirement Plan in PA ($7.3B, 30,239 participants).

Next read for Lumen 401(k) Savings Plan

Filing takeaways

Ways to act on Lumen 401(k) Savings Plan's numbers.

By total assets, Lumen 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Louisiana. Compare plans
Lumen Technologies, Inc.'s sponsor-wide assets have grown 142.4% since 2022 across 3 plan years on file. More Information & Media plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 720651161.