Verizon Savings Plan For Management Employees

Wealthminder's Take

Verizon Savings Plan For Management Employees at Verizon Communications Inc in the Information industry has 2 investment options, and a total of $20,565,427,983.00 in assets. With 144,579 participants, the Verizon Savings Plan For Management Employees has an average balance per participant of $142,243.53.

Plan Ratings
Compared to other Information plans
Wealthminder Rating
6
60
Your Plan
86

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
31
Company Match Level
55
Employee Participation Rate
72
Employee Contribution Level
86
Average Balance Size
89
Verizon Communications Inc Details
Address
One Verizon Way, Mail Code Vc34e249
Basking Ridge, NJ 07920
Telephone
908-559-3628
Total Assets
$20,565,427,983.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
144,579
Plan Investment Options
Name
Sponsor
Current Value
Verizon Master Savings Trust
Verizon Communications Inc
$19,764,496,530.00
Bell Atlantic Master Trust/other
Verizon Communications Inc
$106,418,534.00
Service Providers
  • Fidelity Investments Institutional
  • Verizon Communications
  • Xerox Corporation
  • Bloomberg
  • Factset
  • Thompson Hine Llp
  • Mitchell & Titus Llp
  • Rr Donnelley
  • S&p Dow Jones
  • Ayco
  • Cem
  • Covington & Burling
  • Zeno
  • Duane Morris Llc
  • Evestment
  • K&l Gates
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