Lumos Networks Operating 401(k) match, vesting and fees
What Lumos Networks Operating's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 235 defined-contribution plans in information with 1,000 to 4,999 participants.
| Lumos Networks Operating: employer contribution per participant | $1,979 | |
| Peer median | $2,212 |
| Lumos Networks Operating: average balance | $110,616 | |
| Peer median | $99,173 |
| Lumos Networks Operating: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.09% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $103M at the end of plan year 2021 to $134M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,287 | $134M | $2.4M | $1,979 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 1,205 | $98.2M | $2.6M | $2,202 | 0.22% | Not published | Form 5500 ↗ |
| 2022 | 1,246 | $86.3M | $2.4M | $2,035 | 0.21% | Not published | Form 5500 ↗ |
| 2021 | 1,240 | $103M | $2.9M | $2,434 | 0.18% | Not published | Form 5500 ↗ |
Common questions
Does Lumos Networks Operating match 401(k) contributions?
The match terms for the Lumos Networks Savings and Security Plan have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $1,979 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lumos Networks Operating 401(k) match vested?
The vesting schedule for the Lumos Networks Savings and Security Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lumos Networks Operating 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock. The plan administrator is Lumos Networks Operating Company.
I left Lumos Networks Operating. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lumos Networks Operating Company, (540) 946-2000) or the recordkeeper, John Hancock. The Lumos Networks Operating old 401(k) page lists the contacts from every plan filing. Find an old Lumos Networks Operating 401(k)
Data from the public Form 5500 annual reports Lumos Networks Operating filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lumos Networks Operating. Not financial advice. Report a correction · Methodology