Back to plan search

VERIZON COMMUNICATIONS INC.

VERIZON SAVINGS PLAN FOR MANAGEMENT EMPLOYEES

401(k)2025EIN 232259884PN 102form_5500
Filed Jul 28, 2026
Original filing
End-of-year assets

$31,319,296,635

Net assets $31,319,296,635

Active participants

54,712

112,265 participant accounts

Service providers

23

15 service categories

Fidelity bond

$100,000,000

Bond reported

Plan & sponsor record
Plan name
VERIZON SAVINGS PLAN FOR MANAGEMENT EMPLOYEES
Effective date
Jan 1, 1978
Sponsor
VERIZON COMMUNICATIONS INC.
Business code
517000
Administrator
VERIZON EMPLOYEE BENEFITS COMMITTEE
Administrator EIN
384008214
Address
ONE VERIZON WAY, · BASKING RIDGE, NJ, 07920
Annual plan activity
Beginning assets$29,376,133,902
Ending assets$31,319,296,635
Employer contributions$450,052,029
Participant contributions$821,955,060
Total income$5,437,303,637
Benefits paid$3,446,750,195
Administrative expenses$47,150,548
Net income$1,943,162,733
Schedule D · end of year
Investments by manager
  • VERIZON COMMUNICATIONS INC.$31B
Schedule C · direct and indirect
Compensation by provider
  • FIDELITY INVESTMENTS INSTITUTIONAL$2M
  • VERIZON COMMUNICATIONS INC.$1M
  • BOSTON PARTNERS GLOBAL INVSTRS, INC$1M
  • AON HEWITT$520K
  • JENNISON ASSOCIATES LLC$353K
  • MORGAN STANLEY INVESTMENT MANAGEMEN$304K
  • GQG PARTNERS LLC$150K
  • Other (16 more)$753K
Schedule C
Service providers
23
ProviderServicesLocationDirect compensation
FIDELITY INVESTMENTS INSTITUTIONALEIN 042647786
  • 15Recordkeeping and information management
  • 37Participant loan processing
  • 38Participant communication
  • 50Direct payment from the plan
  • 52Investment management fees paid indirectly by plan
  • 62Float revenue
  • 64Recordkeeping fees
  • 65Account maintenance fees
—$2,091,834
VERIZON COMMUNICATIONS INC.EIN 232259884
  • 14Plan administrator
  • 27Investment advisory (plan)
  • 28Investment management
  • 50Direct payment from the plan
—$1,475,803
BOSTON PARTNERS GLOBAL INVSTRS, INCEIN 980202744
  • 28Investment management
  • 50Direct payment from the plan
—$1,255,178
AON HEWITTEIN 222232264
  • 16Consulting (general)
  • 50Direct payment from the plan
—$519,840
JENNISON ASSOCIATES LLCEIN 222540245
  • 28Investment management
  • 50Direct payment from the plan
—$352,777
MORGAN STANLEY INVESTMENT MANAGEMENEIN 133040307
  • 28Investment management
  • 50Direct payment from the plan
—$303,584
GQG PARTNERS LLCEIN 812109181
  • 28Investment management
  • 50Direct payment from the plan
—$150,000
ABEL NOSEREIN 812351633
  • 27Investment advisory (plan)
  • 50Direct payment from the plan
—$105,198
THOMPSON HINEEIN 340575300
  • 29Legal
  • 50Direct payment from the plan
—$104,428
DUANE MORRISEIN 231392502
  • 29Legal
  • 50Direct payment from the plan
—$92,739
BLOOMBERG FINANCEEIN 061818168
  • 27Investment advisory (plan)
  • 50Direct payment from the plan
—$68,500
MITCHELL AND TITUS LLPEIN 132781641
  • 10Accounting (including auditing)
  • 50Direct payment from the plan
—$61,285
KPMGEIN 135565207
  • 10Accounting (including auditing)
  • 16Consulting (general)
  • 50Direct payment from the plan
—$58,167
DLA PIPEREIN 520616490
  • 29Legal
  • 50Direct payment from the plan
—$53,601
BNY MELLONEIN 132614959
  • 27Investment advisory (plan)
  • 50Direct payment from the plan
—$36,765
DONNELLEY FINANCIAL LLCEIN 344829638
  • 10Accounting (including auditing)
  • 16Consulting (general)
  • 49Other services
  • 50Direct payment from the plan
—$35,902
CEM BENCHMARKINGEIN 980180257
  • 38Participant communication
  • 50Direct payment from the plan
—$35,000
MERCER INVESTMENTS LLCEIN 300282430
  • 49Other services
  • 50Direct payment from the plan
—$26,920
S&P DOW JONESEIN 611688006
  • 16Consulting (general)
  • 50Direct payment from the plan
—$20,056
WOLFE RESEARCHEIN 800451415
  • 49Other services
  • 50Direct payment from the plan
—$19,000
BROADRIDGEEIN 331151291
  • 38Participant communication
  • 50Direct payment from the plan
—$12,586
EVESTMENT ALLIANCEEIN 582540972
  • 27Investment advisory (plan)
  • 50Direct payment from the plan
—$12,119
AYCOEIN 141775643
  • 16Consulting (general)
  • 50Direct payment from the plan
—$10,698
Schedule D
DFE & pooled interests
1
EntityTypeEIN / planEOY interest
VERIZON MASTER SAVINGS TRUSTVERIZON COMMUNICATIONS INC.
MMaster trust investment account232259884 / 020$30,970,730,446