401(k) · DOL Form 5500 · 2023

Lumen Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$7.1B
Total assets Very large vs avg
24,522
Participants Very large workforce
100th
Percentile by assets National rank
$291,181
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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

$7.1B in assets, 24,522 participants

Lumen Technologies, Inc.'s Lumen 401(k) Savings Plan reported $7.1B in total assets and 24,522 participants in its 2023 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.

  • #2,802 in Information & Media (2,818 peers)

Coverage in Louisiana

Lumen 401(k) Savings Plan covers 24,522 participants in Louisiana, 50x the typical Louisiana plan (state average ~495 per filing). Assets: $7.1B.

#2,802
in Information & Media (2,818 peers)
+8.1%
assets growth YoY
72×
vs typical plan assets (national mean)

Lumen 401(k) Savings Plan's outsized position by total assets

Lumen 401(k) Savings Plan vs every filed plan by assets

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

$7,140,330,247 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 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

Lumen 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lumen 401(k) Savings Plan is a mega filing (24,522 participants), the rightmost band on the breakdown.

DOL schedule card

Filing strip 720651161 · Lumen Technologies, Inc. PY 2023 · 401(k)

Lumen 401(k) Savings Plan · $7.1B · 24,522 · 100th

  • EIN $7.1B
  • RANK 24,522
  • PHOTO 100th
  • IND 401(k)
  • EOY near Ti Contribution and 401(k) Savings Plan
  • 5500 ind #2802

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Louisiana →

Lumen 401(k) Savings Plan in the asset neighbourhood

Parker Retirement Savings PlanParker Retirement Savings Pl…$7.2BTi Contribution and 401(k) Savings PlanTi Contribution and 401(k) S…$7.2BLumen 401(k) Savings Plan$7.1BCox Enterprises, Inc. 401(k) PlanCox Enterprises, Inc. 401(k)…$7.1BCapital Retirement Savings PlanCapital Retirement Savings P…$7.1B
End-of-year total assets ($B) among Lumen 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Louisiana filing particulars

Total Assets (Beginning of Year)$6.6B
Net Assets (End of Year)$7.1B
Net Income$536M
Employer EIN720651161
Plan Effective Date1986-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lumen Technologies, Inc.)

Sponsor-wide plan assets over time

All Lumen Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11.6B 142.4106289182212% vs 2022
2024 filing year
$0B$5B$10B$15B 202220232024 $4.8B $11.6B ▲ +142.3%
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 Scatter plot of 6 data points. 010000200003000040000 02468 Total assets ($B) Participants Lumen 401(k) Savings Plan, Total assets ($B): 7.140330247 · Participants: 24522Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 3.827701341 · Participants: 10136Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.304723514 · Participants: 31221Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 0.866658906 · Participants: 12934Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.849210896 · Participants: 20100Amedisys Holding, LLC 401(k) PlanLouisiana Health Service & Indemnity Co. Tax-Favored Savings Program, Total assets ($B): 0.594178492 · Participants: 3719Louisiana Health Service & Indemnity Co. Tax-Favored Savings Program
Lumen 401(k) Savings Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Scale composition for Lumen 401(k) Savings Plan

Lumen 401(k) Savings Plan reports $7.1B in end-of-year assets across 24,522 participants (0.058% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $291,181 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2023 was $536M.

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 This page
2024 · index core 26,319 $7.3B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Lumen 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Ti Contribution and 401(k) Savings Plan in TX ($7.2B); by covered participants it is Sedgwick 401(k) Savings Plan in TN (24,537 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (24,522 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lumen 401(k) Savings Plan assets move in 2023? ▼
Lumen 401(k) Savings Plan grew at a solid clip - up 8.1% during 2023, from $6.6B to $7.1B. Reported net income was $536M.
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 127,072 plans that reported assets for plan year 2023 (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 Ti Contribution and 401(k) Savings Plan in TX ($7.2B, 13,037 participants).
Which 401(k) plans cover a similar participant headcount to Lumen 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sedgwick 401(k) Savings Plan in TN (24,537 participants, $1.7B in assets).