Original filing (PDF)20250625074519NAL0018815170001

VERIZON COMMUNICATIONS INC.

Name: VERIZON COMMUNICATIONS INC. — VERIZON SAVINGS SECURITY PLAN FOR MID-ATLANTIC ASSOCIATES, Form 5500 (2024)
Creator: VERIZON COMMUNICATIONS INC.

Form 5500

FILING_RECEIVED

VERIZON SAVINGS SECURITY PLAN FOR MID-ATLANTIC ASSOCIATES

401(k) retirement plan

Signals · 2

38% in single holding12 service providers

Active participants

11,674

Accounts w/ balance

14,951

Plan assets (EOY)

$3.4B

Net assets (EOY)

$3.4B

How this plan invests

This plan

1 pooled trust

Schedule D

898 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

Total plan cost

100

Vendor stack

100

Participation health

100

Knocking points off

Top holding "COMMON/COLLECTIVE TRUST" is 38% of plan.

Helping the score

Below-peer total fees (2 bps vs 5 bps peer median).

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for VERIZON COMMUNICATIONS INC..

Plan sponsor

Name

VERIZON COMMUNICATIONS INC.

EIN

23-2259884

Address

ONE VERIZON WAY, · BASKING RIDGE, NJ · 07920

Phone

(908) 559-2140

Industry

Information / Tech / Mediasee all

Plan administrator

Name

CHAIRPERSON OF THE VERIZON EMPLOYEE BENEFITS COMMITTEE

EIN

30-0940361

City

BASKING RIDGE, NJ

Phone

(908) 559-2140

Plan characteristics

Plan number

004

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-06-25

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2I · Stock bonus

2J · 401(k) feature

2K · 401(m) arrangement

2O · ESOP (non-leveraged)

2S · Automatic enrollment

2T · Default investment account (QDIA)

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

MITCHELL & TITUS, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

12 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$478K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
VERIZON COMMUNICATIONS INC.	23-2259884	—	EMPLOYER	$97K	—
MITCHELL TITUS LLP	13-2781641	—	NONE	$60K	—
AON CONSULTING, INC	22-2232264	—	NONE	$53K	—
DONNELLEY FINANCIAL LLC	34-4829638	—	NONE	$17K	—
DUANE MORRIS	23-1392502	—	NONE	$17K	—
ABEL NOSER SOLUTIONS	81-2351633	—	NONE	$15K	—
THOMPSON HINE LLP	34-0575300	—	NONE	$12K	—
BLOOMBERG FINANCE	06-1818168	—	NONE	$12K	—
ALTERNATIVESOFT AG	11-1687743	—	NONE	$9K	—
CONDUENT HR SERVICES LLC	81-2983623	—	NONE	$7K	—
BROADRIDGE	33-1151291	—	NONE	$5K	—

Investments

876 direct securities · 1 pooled fund· $6.7B(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Master Trust

$3.3B

1 holding

Uncategorized

$2.0B

874 holdings

Common Collective Trusts

$1.3B

1 holding

Pooled Separate Accounts

$59.3M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
VERIZON MASTER SAVINGS TRUST VERIZON COMMUNICATIONS INC. · EIN 23-2259884 / PN 020	Master Trust	—	—	$3.3B	97.1%
COMMON/COLLECTIVE TRUST	Common Collective Trusts	26,648,243.8	$738.3M	$1.3B	37.1%
CORPORATE STOCK - COMMON	—	31,117,123.072	$706.4M	$760.4M	22.0%
EMPLOYER RELATED SECURITIES - COMMON STOCK	—	7,590,142.158	$311.4M	$303.5M	8.8%
U. S. GOVERNMENT SECURITIES	—	261,973,142.944	$221.4M	$216.8M	6.3%
INTEREST-BEARING CASH (CASH & CASH EQUIVALENT)	—	166,225,842.378	$138.6M	$138.6M	4.0%
FIAM Institutional Cash Commingled Pool Class D	—	128,386,982.813	$128.3M	$128.3M	3.7%
CORPORATE DEBT INSTRUMENTS - ALL OTHER	—	87,752,384.626	$82.7M	$83.1M	2.4%
U S TREASURY NOTE	—	70,756,911.312	$69.1M	$68.1M	2.0%
REGISTERED INVESTMENT COMPANIES	—	3,043,405.928	$48.6M	$61.4M	1.8%
CORPORATE DEBT INSTRUMENTS - PREFERRED	—	65,981,996.023	$59.9M	$60.0M	1.7%
POOLED SEPARATE ACCOUNT	Pooled Separate Accounts	2,350,758.298	$52.0M	$59.3M	1.7%
US TREAS-CPI INFLAT	—	55,766,025.902	$51.9M	$51.0M	1.5%
U S TREASURY BOND	—	37,794,634.683	$31.8M	$30.4M	0.9%
103-12 INVESTMENT ENTITY	—	11,821.99	$11.5M	$12.9M	0.4%
COMMIT TO PUR FNMA SF MTG	—	13,401,919.04	$12.8M	$12.7M	0.4%
FIMM MM Government Portfolio - Instl Cl	—	9,304,060.176	$8.1M	$8.1M	0.2%
COMMIT TO PUR GNMA II JUMBOS	—	5,903,272.909	$5.6M	$5.5M	0.2%
U S TREASURY BILL	—	5,078,931.413	$5.0M	$5.0M	0.1%
CORPORATE STOCK - PREFERRED	—	532,100.95	$3.2M	$2.7M	<0.1%
BANK OF AMERICA CORP	—	2,131,371.588	$2.0M	$2.0M	<0.1%
FNMA POOL #0FS0744	—	1,929,895.1	$1.7M	$1.6M	<0.1%
FHLMC POOL #SD-8205	—	1,106,893.58	$933K	$904K	<0.1%
FHLMC POOL #SD-8182	—	1,091,460.338	$872K	$853K	<0.1%
FNMA POOL #0MA5295	—	826,038.904	$844K	$830K	<0.1%
ATHENE GLOBAL FUNDING 144A	—	803,723.159	$746K	$763K	<0.1%
FNMA POOL #0MA5497	—	765,809.596	$776K	$756K	<0.1%
FNMA POOL #0FS1648	—	798,091.063	$677K	$652K	<0.1%
FNMA POOL #0BV5376	—	629,301.337	$558K	$536K	<0.1%
FNMA POOL #0BF0578	—	611,850.675	$507K	$487K	<0.1%
AMERICAN EXPRESS CO	—	471,164.279	$477K	$476K	<0.1%
AMERICAN EXPRESS CREDIT AC 2 A	—	453,054.637	$456K	$459K	<0.1%
FHLMC POOL #SD-8453	—	443,633.113	$448K	$438K	<0.1%
GNMA II POOL #0MA4068	—	425,640.083	$377K	$374K	<0.1%
FHLMC POOL #SD-6204	—	417,075.866	$374K	$354K	<0.1%
FHLMC POOL #SD-6828	—	340,328.904	$332K	$329K	<0.1%
GNMA II POOL #0MA7938	—	366,375.15	$332K	$327K	<0.1%
GNMA II POOL #0786980	—	377,673.612	$331K	$326K	<0.1%
FHLMC POOL #SD-8244	—	355,381.763	$331K	$326K	<0.1%
AVIS BUDGET RENTAL C 3A A 144A	—	322,092.918	$321K	$324K	<0.1%
FNMA POOL #0MA4838	—	366,092.464	$336K	$324K	<0.1%
AMERICA MOVIL SAB DE CV 144A	—	321,426.546	$335K	$323K	<0.1%
BMW VEHICLE LEASE TRUST 2 A3	—	312,318.278	$314K	$314K	<0.1%
FNMA POOL #0FS6257	—	342,734.786	$312K	$314K	<0.1%
GNMA II POOL #0MA4003	—	342,245.177	$302K	$300K	<0.1%
FNMA POOL #0MA4464	—	404,898.965	$320K	$299K	<0.1%
FNMA POOL #0MA5107	—	302,190.446	$302K	$298K	<0.1%
ARES XXXIV CLO LTD 2A AR3 144A	—	284,109.708	$284K	$285K	<0.1%
FNMA POOL #0CB3364	—	332,457.799	$295K	$283K	<0.1%
FNMA POOL #0CB3360	—	330,417.446	$293K	$281K	<0.1%
ABBVIE INC	—	295,555.629	$288K	$281K	<0.1%
FHLMC POOL #SD-2654	—	282,632.215	$280K	$274K	<0.1%
FHLMC POOL #SD-4962	—	330,728.018	$273K	$272K	<0.1%
FNMA POOL #0FS1406	—	346,780.656	$284K	$270K	<0.1%
FNMA POOL #0FS1334	—	335,618.656	$275K	$262K	<0.1%
BARCLAYS CASH COLLATERAL	—	338,517.031	$260K	$260K	<0.1%
FHLMC POOL #SD-5323	—	283,378.723	$267K	$259K	<0.1%
FNMA POOL #0CB3242	—	297,161.612	$263K	$253K	<0.1%
FNMA POOL #0CB3278	—	296,441.096	$263K	$252K	<0.1%
FHLMC POOL #SD-8213	—	287,629.584	$255K	$244K	<0.1%
GNMA II POOL #0787356	—	294,053.417	$249K	$244K	<0.1%
FHLMC POOL #SD-8237	—	262,937.645	$249K	$241K	<0.1%
FNMA POOL #0CB3496	—	280,981.913	$249K	$239K	<0.1%
FNMA POOL #0CB3004	—	279,797.416	$248K	$238K	<0.1%
FHLMC POOL #RA-7091	—	287,479.803	$245K	$236K	<0.1%
FNMA POOL #0CB3277	—	277,072.572	$245K	$236K	<0.1%
AMERICAN EXPRESS CREDIT AC 3 A	—	228,918.418	$229K	$230K	<0.1%
AIA GROUP LTD 144A	—	235,190.156	$228K	$229K	<0.1%
FHLMC POOL #SD-6373	—	221,874.635	$230K	$227K	<0.1%
FHLMC POOL #SD-4229	—	223,750.434	$225K	$226K	<0.1%
BCP TRUST 2021-330 330N A 144A	—	242,245.86	$217K	$225K	<0.1%
BERKSHIRE HATHAWAY ENERGY CO	—	258,630.775	$223K	$218K	<0.1%
FHLMC POOL #QG-3229	—	224,373.982	$222K	$217K	<0.1%
FHLMC POOL #SD-8299	—	220,524.048	$218K	$213K	<0.1%
BANK OF MONTREAL	—	214,807.009	$208K	$213K	<0.1%
FNMA POOL #0FS4264	—	220,387.994	$218K	$213K	<0.1%
FNMA POOL #0FS2040	—	271,273.057	$222K	$212K	<0.1%
BNP PARIBAS SA 144A	—	210,651.983	$211K	$212K	<0.1%
APPLE INC	—	230,643.146	$228K	$211K	<0.1%
GNMA II POOL #0787544	—	234,548.21	$213K	$211K	<0.1%
FNMA POOL #0BX8646	—	215,002.33	$213K	$208K	<0.1%
FUTURES CASH COLLATERAL HELD	—	208,064.891	$208K	$208K	<0.1%
FHLMC MULTICLASS MTG KBX1 A2	—	209,328.362	$204K	$208K	<0.1%
GNMA II POOL #0MA7256	—	238,403.73	$207K	$207K	<0.1%
FNMA POOL #0BX6752	—	213,618.477	$212K	$207K	<0.1%
FNMA POOL #0MA5009	—	213,058.466	$211K	$206K	<0.1%
FHLMC POOL #SD-8323	—	212,722.548	$211K	$206K	<0.1%
FHLMC POOL #SD-8315	—	212,065.516	$210K	$205K	<0.1%
FNMA POOL #0MA5038	—	211,554.255	$210K	$205K	<0.1%
BRISTOL-MYERS SQUIBB CO	—	200,852.393	$205K	$204K	<0.1%
FNMA POOL #0BY2059	—	209,883.356	$208K	$203K	<0.1%
FNMA POOL #0MA4978	—	209,775.557	$208K	$203K	<0.1%
FNMA POOL #0MA4918	—	208,839.65	$207K	$202K	<0.1%
GNMA II POOL #0MA6885	—	257,864.1	$209K	$201K	<0.1%
FNMA POOL #0CB6395	—	207,560.809	$206K	$201K	<0.1%
CHASE ISSUANCE TRUST A2 A	—	197,402.937	$202K	$201K	<0.1%
GNMA II POOL #0MA4382	—	221,267.664	$201K	$200K	<0.1%
FNMA POOL #0FS4439	—	206,268.535	$205K	$200K	<0.1%
FHLMC POOL #QF-7047	—	206,539.162	$205K	$200K	<0.1%
BCY ICE CCP COLLATERAL	—	277,132.4	$199K	$199K	<0.1%
FNMA POOL #0FS5036	—	239,277.398	$204K	$196K	<0.1%
BP CAPITAL MARKETS AMERICA INC	—	202,263.534	$204K	$196K	<0.1%
FNMA POOL #0BY2025	—	201,680.538	$200K	$195K	<0.1%
FHLMC POOL #SD-2278	—	228,366.642	$202K	$194K	<0.1%
FNMA POOL #0BY2022	—	200,924.599	$199K	$194K	<0.1%
FNMA POOL #0BF0673	—	240,968.987	$191K	$192K	<0.1%
GNMA GTD REMIC P/T 20-H07 FA	—	192,262.165	$188K	$191K	<0.1%
BX TRUST 2019-OC11 OC11 A 144A	—	211,671.14	$187K	$191K	<0.1%
FNMA POOL #0FS2122	—	222,551.276	$197K	$190K	<0.1%
FNMA POOL #0BY2251	—	195,043.819	$193K	$189K	<0.1%
FNMA POOL #0CB3426	—	211,101.466	$194K	$187K	<0.1%
FHLMC MULTICLASS MTG K156 A1	—	192,266.802	$187K	$187K	<0.1%
FHLMC POOL #SD-8160	—	238,505.835	$195K	$187K	<0.1%
FNMA POOL #0MA4398	—	237,185.202	$194K	$186K	<0.1%
FHLMC POOL #SD-4700	—	175,403.688	$180K	$178K	<0.1%
EUR (EURO)	—	171,608.365	$180K	$178K	<0.1%
BANK OF NEW YORK MELLON CORP/T	—	177,490.171	$174K	$176K	<0.1%
AMERICAN EXPRESS CREDIT AC 1 A	—	172,472.781	$173K	$175K	<0.1%
FHLMC POOL #RA-8208	—	180,376.776	$176K	$175K	<0.1%
FNMA POOL #0FS8865	—	179,052.233	$171K	$170K	<0.1%
CHARLES SCHWAB CORP/THE	—	164,633.109	$171K	$169K	<0.1%
ANHEUSER-BUSCH INBEV WORLDWIDE	—	180,312.453	$172K	$169K	<0.1%
BUCKHORN PARK CLO 1A ARR 144A	—	168,552.945	$169K	$169K	<0.1%
FHLMC POOL #QF-6790	—	174,023.044	$172K	$168K	<0.1%
CF HIPPOLYTA ISSUER 1 A1 144A	—	168,035.066	$155K	$164K	<0.1%
SBA GTD PARTN CTFS 2022-10A 1	—	176,775.291	$160K	$163K	<0.1%
BARC CCP LCH COLL	—	239,972.356	$162K	$162K	<0.1%
FHLMC POOL #SD-8469	—	159,569.242	$159K	$157K	<0.1%
FNMA POOL #0FS7926	—	151,780.673	$156K	$157K	<0.1%
FNMA POOL #0CB3854	—	168,383.548	$161K	$155K	<0.1%
FNMA POOL #0BM5109	—	158,881.342	$152K	$152K	<0.1%
CENTENE CORP	—	156,793.437	$150K	$152K	<0.1%
FHLMC POOL #SD-1406	—	194,075.348	$159K	$151K	<0.1%
AIB GROUP PLC 144A	—	150,521.7	$154K	$151K	<0.1%
FNMA POOL #0BZ0867	—	151,305.667	$150K	$150K	<0.1%
FNMA POOL #0MA4548	—	182,018.354	$155K	$149K	<0.1%
AIMCO CLO 12 LTD 12A AR 144A	—	147,689.113	$147K	$148K	<0.1%
FNMA POOL #0FS9508	—	155,610.343	$148K	$146K	<0.1%
FNMA POOL #0FS9506	—	154,945.216	$148K	$146K	<0.1%
FNMA POOL #0FS8509	—	164,615.46	$150K	$146K	<0.1%
FNMA POOL #0BS6526	—	153,657.568	$146K	$145K	<0.1%
FHLMC POOL #SD-5855	—	163,700.535	$149K	$145K	<0.1%
FHLMC POOL #SD-5845	—	163,383.453	$149K	$145K	<0.1%
FHLMC POOL #SD-5854	—	163,063.26	$149K	$144K	<0.1%
GNMA II POOL #0787354	—	172,021.105	$145K	$144K	<0.1%
JPY (JAPANESE YEN)	—	22,492,248.418	$146K	$143K	<0.1%
FHLMC POOL #QG-0977	—	146,824.527	$146K	$142K	<0.1%
FNMA POOL #0FS6606	—	177,422.407	$140K	$139K	<0.1%
FHLMC POOL #SD-4527	—	177,360.052	$140K	$138K	<0.1%
ARES LII CLO LTD 52A A1R 144A	—	137,212.249	$137K	$137K	<0.1%
FHLMC POOL #SD-4680	—	185,504.491	$140K	$137K	<0.1%
FNMA POOL #0FS6854	—	185,660.21	$140K	$137K	<0.1%
GNMA II POOL #0MA4900	—	151,566.733	$138K	$137K	<0.1%
BARC CCP COLLATERAL	—	214,101.438	$136K	$136K	<0.1%
CD 2018-CD7 MORTGAGE T CD7 ASB	—	136,298.566	$133K	$135K	<0.1%
FNMA POOL #0BM6886	—	170,324.81	$140K	$135K	<0.1%
GNMA II POOL #0MA5077	—	149,156.101	$136K	$135K	<0.1%
FNMA POOL #0FS5493	—	164,090.658	$139K	$135K	<0.1%
FHLMC POOL #SD-8199	—	172,091.503	$139K	$134K	<0.1%
FNMA POOL #0BX6392	—	137,679.187	$136K	$133K	<0.1%
FNMA POOL #0CB4943	—	140,073.144	$137K	$133K	<0.1%
FNMA POOL #0BX1790	—	136,432.048	$132K	$132K	<0.1%
GNMA II POOL #0MA7409	—	167,281.591	$131K	$130K	<0.1%
FHLMC POOL #QF-8565	—	133,757.993	$133K	$130K	<0.1%
GNMA II POOL #0785805	—	157,489.908	$133K	$129K	<0.1%
FREDDIE MAC MULTICLASS P016 A2	—	133,274.422	$130K	$129K	<0.1%
FNMA POOL #0FM8683	—	155,821.916	$125K	$128K	<0.1%
FNMA POOL #0MA4624	—	150,254.497	$128K	$128K	<0.1%
GNMA II POOL #0MA8722	—	138,992.362	$126K	$125K	<0.1%
BMW US CAPITAL LLC REGS	—	127,943.445	$126K	$122K	<0.1%
FNMA POOL #0FS2676	—	142,965.674	$127K	$122K	<0.1%
FHLMC POOL #SD-4572	—	123,023.657	$122K	$121K	<0.1%
FNMA POOL #0CB2399	—	147,294.206	$125K	$121K	<0.1%
FHLMC POOL #SD-8104	—	162,137.376	$127K	$120K	<0.1%
FNMA POOL #0MA5248	—	115,133.691	$118K	$118K	<0.1%
ANHEUSER-BUSCH COS LLC / ANHEU	—	124,650.783	$123K	$117K	<0.1%
RESOLUTION FDG CORP PRIN STRIP	—	147,777.815	$112K	$116K	<0.1%
FNMA POOL #0MA5236	—	125,655.815	$111K	$115K	<0.1%
GNMA II POOL #0MA7042	—	147,712.232	$116K	$115K	<0.1%
FNMA POOL #0CB8422	—	112,837.417	$115K	$113K	<0.1%
GNMA GTD REMIC P/T 23-H10 FG	—	111,323.898	$111K	$112K	<0.1%
FHLMC POOL #QH-5943	—	109,948.285	$111K	$111K	<0.1%
FHLMC MULTICLASS MT	—	5,711,256.855	$123K	$110K	<0.1%
BPR TRUST 2022-STA STAR A 144A	—	108,971.439	$108K	$109K	<0.1%
GNMA II POOL #0MA9102	—	120,968.628	$110K	$109K	<0.1%
LCH CCP GOLDMAN SACHS & CO CAS	—	107,873.885	$108K	$108K	<0.1%
BANK 2019-BNK23 BN23 ASB	—	113,378.861	$107K	$108K	<0.1%
SBA GTD PARTN CTFS 2023-10A 1	—	105,542.836	$106K	$106K	<0.1%
FHLMC POOL #SD-8161	—	128,842.884	$110K	$106K	<0.1%
FNMA POOL #0FS8761	—	102,679.802	$107K	$106K	<0.1%
FNMA POOL #0FS4752	—	118,642.979	$109K	$105K	<0.1%
FNMA POOL #0MA4399	—	127,615.857	$109K	$105K	<0.1%
AMERICAN HOMES 4 R SFR1 A 144A	—	104,091.187	$101K	$104K	<0.1%
FNMA POOL #0MA4379	—	125,521.405	$107K	$103K	<0.1%
CME CCP COLL HELD AT GSC	—	102,072.528	$102K	$102K	<0.1%
CF HIPPOLYTA ISSUER 1A A1 144A	—	106,541.876	$95K	$101K	<0.1%
FNMA POOL #0MA5353	—	101,395.956	$102K	$100K	<0.1%
FNMA POOL #0BT7508	—	119,216.721	$102K	$98K	<0.1%
SBA GTD PARTN CTFS 2024-25C 1	—	99,419.108	$99K	$98K	<0.1%
GNMA II POOL #0787142	—	113,033.232	$98K	$97K	<0.1%

Showing top 200 of 877 investments by value.