Plan Ledger DOL Form 5500 · updated monthly

Frontier Communications Parent, Inc.401(k)

FRONTIER COMMUNICATIONS 401(K) SAVINGS PLAN · NORWALK, CT · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Frontier Communications Parent, Inc. reported $1,608,697 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $2,739 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other administrative & support services employers. By assets it is the 9th-largest of 1,106 plans among Connecticut employers on file, and the 3rd of 2,534 in administrative & support services. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has shrunk from 13,445 to 12,015 since 2022.

Plan summary
Net assets, end of year$2,926,784,012
Participants with balances13,668
Active participants12,015
Employer contributions$32,908,289
Employee contributions$91,440,622
Employer contribution per active participant$2,739
Average account balance$214,134
Benefits paid to participants$296,500,953
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9B · 13,668 accts · $32.9M emplr
2023$2.7B · 14,275 accts · $32.7M emplr
2022$2.5B · 15,290 accts · $33.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$465,203
Investment management$1,054,980
Audit (IQPA)$37,275
Total administrative$1,608,697
The Frontier Communications Parent, Inc. 401(k) match · 2024
Employer contribution per active participant$2,739
Median for plans this size$5,259
2024$2,739 per active participant
2023$2,698 per active participant
2022$2,484 per active participant

Frontier Communications Parent, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$894,980
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$465,203
NEPC, LLC · Consulting · Investment advisory (plan)$160,000
KILPATRICK TOWNSEND · Legal$47,082
INSERO & COMPANY · Consulting$37,275

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,608,697 · 0.06%
2023$1,768,874 · 0.07%
2022$2,045,373 · 0.07%
All plans at this employer2
FRONTIER COMMUNICATIONS 401(K) SAVINGS PLAN401(k)
FRONTIER COMMUNICATIONS CORPORATE SERVICES INC. SAVINGS AND SECURITY PLAN FOR MID-ATLANTIC ASSOCIATES401(k)
Same employer
Similar plansAdministrative & Support Services · Connecticut
Waste Management, Inc. TX$4.1B · 0.04%
Kellogg Brown & Root LLC TX$3.9B · 0.05%
Republic Services, Inc. AZ$2.7B · 0.12%
Allegis Group, Inc. MD$2.2B · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862359749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.