401(k) · DOL Form 5500 · 2023
Lumen Technologies, Inc. 401(k) Plan
Data updated 2026-08-11
- $7.1B
- Total assets
- 24,522
- Participants
- 100th
- Percentile by assets
- $291,181
- Avg per participant
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.
- 100th percentile by assets (of 127,072 plans)
- #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.
- $7.1B
- total plan assets (2023 EOY)
- 24,522
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $291,181
- avg assets per participant
Participants vs Louisiana filers
In Louisiana, the average filing covers about 495 participants across 1,155 plans. Lumen 401(k) Savings Plan reports 24,522 participants - 50x that state average ($7.1B EOY assets).
Louisiana filing particulars
| Total Assets (Beginning of Year) | $6.6B |
|---|---|
| Net Assets (End of Year) | $7.1B |
| Net Income | $536M |
| Employer EIN | 720651161 |
| Plan Effective Date | 1986-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lumen Technologies, Inc.)
| 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 $3.8B · 10,136
- Ochsner Clinic Foundation 401(k) Plan $2.3B · 31,221
- Louisiana Children's Medical Center Retirement and Savings Plan $867M · 12,934
- Amedisys Holding, LLC 401(k) Plan $849M · 20,100
- Louisiana Health Service & Indemnity Co. Tax-Favored Savings Program $594M · 3,719
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 (401(k), $7.3B, 26,319 participants)
- 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.
- Ti Contribution and 401(k) Savings Plan (TX) $7.2B · 13,037
- Cox Enterprises, Inc. 401(k) Plan (GA) $7.1B · 44,853
- Capital Retirement Savings Plan (CA) $7.1B · 7,743
- Parker Retirement Savings Plan (OH) $7.2B · 25,764
Frequently Asked Questions
How did Lumen 401(k) Savings Plan assets move in 2023? ▼
How have Lumen Technologies, Inc. plan assets changed over time? ▼
Where does Lumen 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Lumen 401(k) Savings Plan? ▼
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