Frontier Communications 401(K) Savings Plan — Form 5500 plan (Frontier Communications Parent, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Frontier Communications 401(K) Savings Plan is a benefit plan reported by Frontier Communications Parent, Inc. under EIN 86-2359749 and plan number 002. The latest loaded filing year is 2023. The filing reports 16,743 participants and $2,687,918,276 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Frontier Communications Parent, Inc.
- EIN
- 86-2359749
- Plan number
- 002
- Plan type
- 2
- Location
- Norwalk, CT
- Latest filing year
- 2023
- Participants
- 16,743
- End-of-year plan assets
- $2,687,918,276
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 16,743 | H, C | 20240926090205NAL0000401649001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,687,918,276
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,687,918,276
- Net assets (BOY)
- $2,464,570,539
Income & contributions
- Employer contributions
- $32,708,899
- Participant contributions
- $91,758,107
- Total contributions
- $129,470,469
- Total income / additions
- $547,976,862
Expenses & distributions
- Benefits paid
- $322,511,560
- Administrative expenses
- $1,768,874
- Total expenses
- $324,629,125
- Net increase / (decrease)
- $223,347,737
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $1,123,397 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $405,409 | not reported in the loaded dataset | 2023 |
| Nepc, LLC | INVESTMENT ADVISORY | $120,000 | not reported in the loaded dataset | 2023 |
| Kilpatrick Townsend | ATTORNEY/LEGAL | $77,424 | not reported in the loaded dataset | 2023 |
| Insero & Company | ACCOUNTANT/AUDITOR | $32,000 | not reported in the loaded dataset | 2023 |
| Mayer Brown Llp | ATTORNEY/LEGAL | $10,644 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Frontier Communications Parent, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Norwalk, CT
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Nepc, LLC — Schedule C compensation
- Kilpatrick Townsend — Schedule C compensation
- Insero & Company — Schedule C compensation
- Mayer Brown Llp — Schedule C compensation