Original filing (PDF)20250625074723NAL0011200560001

VERIZON COMMUNICATIONS INC.

Name: VERIZON COMMUNICATIONS INC. — VERIZON SAVINGS AND SECURITY PLAN FOR WEST REGION HOURLY EMPLOYEES, Form 5500 (2024)
Creator: VERIZON COMMUNICATIONS INC.

Form 5500

FILING_RECEIVED

VERIZON SAVINGS AND SECURITY PLAN FOR WEST REGION HOURLY EMPLOYEES

401(k) retirement plan

Signals · 2

38% in single holding6 service providers

Active participants

430

Accounts w/ balance

2,448

Plan assets (EOY)

$316.4M

Net assets (EOY)

$316.4M

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.

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

VERIZON EMPLOYEE BENEFITS COMMITTEE

EIN

38-4008214

City

BASKING RIDGE, NJ

Phone

(908) 559-2140

Plan characteristics

Plan number

105

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)

6 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$141K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
MITCHELL AND TITUS LLP	13-2781641	—	NONE	$59K	—
DONNELLEY FINANCIAL LLC	34-4829638	—	NONE	$12K	—
VERIZON COMMUNICATIONS INC.	22-2259884	—	EMPLOYER	$7K	—
BOSTON PARTNERS GLOBAL INVSTRS, INC	98-0202744	—	NONE	$6K	—
AON CONSULTING	22-2232264	—	NONE	$5K	—

Investments

866 direct securities · 1 pooled fund· $626.3M(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

$313.2M

1 holding

Uncategorized

$187.9M

864 holdings

Common Collective Trusts

$119.7M

1 holding

Pooled Separate Accounts

$5.5M

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	—	—	$313.2M	99.0%
COMMON/COLLECTIVE TRUST	Common Collective Trusts	2,492,853.252	$69.1M	$119.7M	37.8%
CORPORATE STOCK - COMMON	—	2,910,901.823	$66.1M	$71.1M	22.5%
EMPLOYER RELATED SECURITIES - COMMON STOCK	—	710,032.177	$29.1M	$28.4M	9.0%
U. S. GOVERNMENT SECURITIES	—	24,506,703.194	$20.7M	$20.3M	6.4%
INTEREST-BEARING CASH (CASH & CASH EQUIVALENT)	—	15,549,866.435	$13.0M	$13.0M	4.1%
FIAM Institutional Cash Commingled Pool Class D	—	12,010,168.853	$12.0M	$12.0M	3.8%
CORPORATE DEBT INSTRUMENTS - ALL OTHER	—	8,208,939.361	$7.7M	$7.8M	2.5%
U S TREASURY NOTE	—	6,619,070.203	$6.5M	$6.4M	2.0%
REGISTERED INVESTMENT COMPANIES	—	284,700.351	$4.6M	$5.7M	1.8%
CORPORATE DEBT INSTRUMENTS - PREFERRED	—	6,172,392.996	$5.6M	$5.6M	1.8%
POOLED SEPARATE ACCOUNT	Pooled Separate Accounts	219,905.503	$4.9M	$5.5M	1.8%
US TREAS-CPI INFLAT	—	5,216,723.477	$4.9M	$4.8M	1.5%
U S TREASURY BOND	—	3,535,560.493	$3.0M	$2.8M	0.9%
103-12 INVESTMENT ENTITY	—	1,105.907	$1.1M	$1.2M	0.4%
COMMIT TO PUR FNMA SF MTG	—	1,253,704.286	$1.2M	$1.2M	0.4%
FIMM MM Government Portfolio - Instl Cl	—	870,363.422	$760K	$760K	0.2%
COMMIT TO PUR GNMA II JUMBOS	—	552,231.253	$520K	$514K	0.2%
U S TREASURY BILL	—	475,116.889	$470K	$470K	0.1%
CORPORATE STOCK - PREFERRED	—	49,776.248	$301K	$253K	<0.1%
BANK OF AMERICA CORP	—	199,382.617	$189K	$191K	<0.1%
FNMA POOL #0FS0744	—	180,535.172	$160K	$154K	<0.1%
FHLMC POOL #SD-8205	—	103,546.158	$87K	$85K	<0.1%
FHLMC POOL #SD-8182	—	102,102.43	$82K	$80K	<0.1%
FNMA POOL #0MA5295	—	77,273.151	$79K	$78K	<0.1%
ATHENE GLOBAL FUNDING 144A	—	75,185.588	$70K	$71K	<0.1%
FNMA POOL #0MA5497	—	71,638.903	$73K	$71K	<0.1%
FNMA POOL #0FS1648	—	74,658.725	$63K	$61K	<0.1%
FNMA POOL #0BV5376	—	58,869.016	$52K	$50K	<0.1%
FNMA POOL #0BF0578	—	57,236.565	$47K	$46K	<0.1%
AMERICAN EXPRESS CO	—	44,075.828	$45K	$45K	<0.1%
AMERICAN EXPRESS CREDIT AC 2 A	—	42,381.732	$43K	$43K	<0.1%
FHLMC POOL #SD-8453	—	41,500.38	$42K	$41K	<0.1%
GNMA II POOL #0MA4068	—	39,817.193	$35K	$35K	<0.1%
FHLMC POOL #SD-6204	—	39,016.039	$35K	$33K	<0.1%
FHLMC POOL #SD-6828	—	31,836.62	$31K	$31K	<0.1%
GNMA II POOL #0MA7938	—	34,273.158	$31K	$31K	<0.1%
GNMA II POOL #0786980	—	35,330.091	$31K	$31K	<0.1%
FHLMC POOL #SD-8244	—	33,244.764	$31K	$30K	<0.1%
AVIS BUDGET RENTAL C 3A A 144A	—	30,130.705	$30K	$30K	<0.1%
FNMA POOL #0MA4838	—	34,246.714	$31K	$30K	<0.1%
AMERICA MOVIL SAB DE CV 144A	—	30,068.368	$31K	$30K	<0.1%
BMW VEHICLE LEASE TRUST 2 A3	—	29,216.321	$29K	$29K	<0.1%
FNMA POOL #0FS6257	—	32,061.682	$29K	$29K	<0.1%
GNMA II POOL #0MA4003	—	32,015.881	$28K	$28K	<0.1%
FNMA POOL #0MA4464	—	37,876.931	$30K	$28K	<0.1%
FNMA POOL #0MA5107	—	28,268.896	$28K	$28K	<0.1%
ARES XXXIV CLO LTD 2A AR3 144A	—	26,577.504	$27K	$27K	<0.1%
FNMA POOL #0CB3364	—	31,100.305	$28K	$26K	<0.1%
FNMA POOL #0CB3360	—	30,909.437	$27K	$26K	<0.1%
ABBVIE INC	—	27,648.231	$27K	$26K	<0.1%
FHLMC POOL #SD-2654	—	26,439.29	$26K	$26K	<0.1%
FHLMC POOL #SD-4962	—	30,938.49	$26K	$25K	<0.1%
FNMA POOL #0FS1406	—	32,440.16	$27K	$25K	<0.1%
FNMA POOL #0FS1334	—	31,395.992	$26K	$25K	<0.1%
BARCLAYS CASH COLLATERAL	—	31,667.126	$24K	$24K	<0.1%
FHLMC POOL #SD-5323	—	26,509.123	$25K	$24K	<0.1%
FNMA POOL #0CB3242	—	27,798.466	$25K	$24K	<0.1%
FNMA POOL #0CB3278	—	27,731.064	$25K	$24K	<0.1%
FHLMC POOL #SD-8213	—	26,906.777	$24K	$23K	<0.1%
GNMA II POOL #0787356	—	27,507.705	$23K	$23K	<0.1%
FHLMC POOL #SD-8237	—	24,596.929	$23K	$23K	<0.1%
FNMA POOL #0CB3496	—	26,284.91	$23K	$22K	<0.1%
FNMA POOL #0CB3004	—	26,174.104	$23K	$22K	<0.1%
FHLMC POOL #RA-7091	—	26,892.765	$23K	$22K	<0.1%
FNMA POOL #0CB3277	—	25,919.204	$23K	$22K	<0.1%
AMERICAN EXPRESS CREDIT AC 3 A	—	21,414.545	$21K	$21K	<0.1%
AIA GROUP LTD 144A	—	22,001.245	$21K	$21K	<0.1%
FHLMC POOL #SD-6373	—	20,755.623	$21K	$21K	<0.1%
FHLMC POOL #SD-4229	—	20,931.098	$21K	$21K	<0.1%
BCP TRUST 2021-330 330N A 144A	—	22,661.283	$20K	$21K	<0.1%
BERKSHIRE HATHAWAY ENERGY CO	—	24,194.036	$21K	$20K	<0.1%
FHLMC POOL #QG-3229	—	20,989.429	$21K	$20K	<0.1%
FHLMC POOL #SD-8299	—	20,629.28	$20K	$20K	<0.1%
BANK OF MONTREAL	—	20,094.471	$19K	$20K	<0.1%
FNMA POOL #0FS4264	—	20,616.553	$20K	$20K	<0.1%
FNMA POOL #0FS2040	—	25,376.679	$21K	$20K	<0.1%
BNP PARIBAS SA 144A	—	19,705.782	$20K	$20K	<0.1%
APPLE INC	—	21,575.888	$21K	$20K	<0.1%
GNMA II POOL #0787544	—	21,941.193	$20K	$20K	<0.1%
FNMA POOL #0BX8646	—	20,112.742	$20K	$19K	<0.1%
FUTURES CASH COLLATERAL HELD	—	19,463.768	$19K	$19K	<0.1%
FHLMC MULTICLASS MTG KBX1 A2	—	19,581.962	$19K	$19K	<0.1%
GNMA II POOL #0MA7256	—	22,301.864	$19K	$19K	<0.1%
FNMA POOL #0BX6752	—	19,983.287	$20K	$19K	<0.1%
FNMA POOL #0MA5009	—	19,930.9	$20K	$19K	<0.1%
FHLMC POOL #SD-8323	—	19,899.476	$20K	$19K	<0.1%
FHLMC POOL #SD-8315	—	19,838.013	$20K	$19K	<0.1%
FNMA POOL #0MA5038	—	19,790.186	$20K	$19K	<0.1%
BRISTOL-MYERS SQUIBB CO	—	18,789.063	$19K	$19K	<0.1%
FNMA POOL #0BY2059	—	19,633.879	$19K	$19K	<0.1%
FNMA POOL #0MA4978	—	19,623.795	$19K	$19K	<0.1%
FNMA POOL #0MA4918	—	19,536.244	$19K	$19K	<0.1%
GNMA II POOL #0MA6885	—	24,122.316	$20K	$19K	<0.1%
FNMA POOL #0CB6395	—	19,416.613	$19K	$19K	<0.1%
CHASE ISSUANCE TRUST A2 A	—	18,466.378	$19K	$19K	<0.1%
GNMA II POOL #0MA4382	—	20,698.843	$19K	$19K	<0.1%
FNMA POOL #0FS4439	—	19,295.725	$19K	$19K	<0.1%
FHLMC POOL #QF-7047	—	19,321.041	$19K	$19K	<0.1%
BCY ICE CCP COLLATERAL	—	25,924.801	$19K	$19K	<0.1%
FNMA POOL #0FS5036	—	22,383.593	$19K	$18K	<0.1%
BP CAPITAL MARKETS AMERICA INC	—	18,921.071	$19K	$18K	<0.1%
FNMA POOL #0BY2025	—	18,866.533	$19K	$18K	<0.1%
FHLMC POOL #SD-2278	—	21,362.928	$19K	$18K	<0.1%
FNMA POOL #0BY2022	—	18,795.818	$19K	$18K	<0.1%
FNMA POOL #0BF0673	—	22,541.835	$18K	$18K	<0.1%
GNMA GTD REMIC P/T 20-H07 FA	—	17,985.477	$18K	$18K	<0.1%
BX TRUST 2019-OC11 OC11 A 144A	—	19,801.121	$18K	$18K	<0.1%
FNMA POOL #0FS2122	—	20,818.921	$18K	$18K	<0.1%
FNMA POOL #0BY2251	—	18,245.691	$18K	$18K	<0.1%
FNMA POOL #0CB3426	—	19,747.83	$18K	$18K	<0.1%
FHLMC MULTICLASS MTG K156 A1	—	17,985.91	$17K	$17K	<0.1%
FHLMC POOL #SD-8160	—	22,311.416	$18K	$17K	<0.1%
FNMA POOL #0MA4398	—	22,187.875	$18K	$17K	<0.1%
FHLMC POOL #SD-4700	—	16,408.423	$17K	$17K	<0.1%
EUR (EURO)	—	16,053.383	$17K	$17K	<0.1%
BANK OF NEW YORK MELLON CORP/T	—	16,603.606	$16K	$16K	<0.1%
AMERICAN EXPRESS CREDIT AC 1 A	—	16,134.246	$16K	$16K	<0.1%
FHLMC POOL #RA-8208	—	16,873.639	$16K	$16K	<0.1%
FNMA POOL #0FS8865	—	16,749.732	$16K	$16K	<0.1%
CHARLES SCHWAB CORP/THE	—	15,400.872	$16K	$16K	<0.1%
ANHEUSER-BUSCH INBEV WORLDWIDE	—	16,867.621	$16K	$16K	<0.1%
BUCKHORN PARK CLO 1A ARR 144A	—	15,767.559	$16K	$16K	<0.1%
FHLMC POOL #QF-6790	—	16,279.268	$16K	$16K	<0.1%
CF HIPPOLYTA ISSUER 1 A1 144A	—	15,719.113	$15K	$15K	<0.1%
SBA GTD PARTN CTFS 2022-10A 1	—	16,536.732	$15K	$15K	<0.1%
BARC CCP LCH COLL	—	22,448.604	$15K	$15K	<0.1%
FHLMC POOL #SD-8469	—	14,927.164	$15K	$15K	<0.1%
FNMA POOL #0FS7926	—	14,198.57	$15K	$15K	<0.1%
FNMA POOL #0CB3854	—	15,751.712	$15K	$15K	<0.1%
FNMA POOL #0BM5109	—	14,862.813	$14K	$14K	<0.1%
CENTENE CORP	—	14,667.497	$14K	$14K	<0.1%
FHLMC POOL #SD-1406	—	18,155.094	$15K	$14K	<0.1%
AIB GROUP PLC 144A	—	14,080.797	$14K	$14K	<0.1%
FNMA POOL #0BZ0867	—	14,154.134	$14K	$14K	<0.1%
FNMA POOL #0MA4548	—	17,027.203	$15K	$14K	<0.1%
AIMCO CLO 12 LTD 12A AR 144A	—	13,815.818	$14K	$14K	<0.1%
FNMA POOL #0FS9508	—	14,556.822	$14K	$14K	<0.1%
FNMA POOL #0FS9506	—	14,494.602	$14K	$14K	<0.1%
FNMA POOL #0FS8509	—	15,399.221	$14K	$14K	<0.1%
FNMA POOL #0BS6526	—	14,374.147	$14K	$14K	<0.1%
FHLMC POOL #SD-5855	—	15,313.632	$14K	$14K	<0.1%
FHLMC POOL #SD-5845	—	15,283.97	$14K	$14K	<0.1%
FHLMC POOL #SD-5854	—	15,254.018	$14K	$14K	<0.1%
GNMA II POOL #0787354	—	16,091.994	$14K	$13K	<0.1%
JPY (JAPANESE YEN)	—	2,104,073.914	$14K	$13K	<0.1%
FHLMC POOL #QG-0977	—	13,734.939	$14K	$13K	<0.1%
FNMA POOL #0FS6606	—	16,597.267	$13K	$13K	<0.1%
FHLMC POOL #SD-4527	—	16,591.434	$13K	$13K	<0.1%
ARES LII CLO LTD 52A A1R 144A	—	12,835.743	$13K	$13K	<0.1%
FHLMC POOL #SD-4680	—	17,353.319	$13K	$13K	<0.1%
FNMA POOL #0FS6854	—	17,367.886	$13K	$13K	<0.1%
GNMA II POOL #0MA4900	—	14,178.556	$13K	$13K	<0.1%
BARC CCP COLLATERAL	—	20,028.467	$13K	$13K	<0.1%
CD 2018-CD7 MORTGAGE T CD7 ASB	—	12,750.271	$12K	$13K	<0.1%
FNMA POOL #0BM6886	—	15,933.311	$13K	$13K	<0.1%
GNMA II POOL #0MA5077	—	13,953.05	$13K	$13K	<0.1%
FNMA POOL #0FS5493	—	15,350.127	$13K	$13K	<0.1%
FHLMC POOL #SD-8199	—	16,098.579	$13K	$13K	<0.1%
FNMA POOL #0BX6392	—	12,879.423	$13K	$12K	<0.1%
FNMA POOL #0CB4943	—	13,103.37	$13K	$12K	<0.1%
FNMA POOL #0BX1790	—	12,762.758	$12K	$12K	<0.1%
GNMA II POOL #0MA7409	—	15,648.628	$12K	$12K	<0.1%
FHLMC POOL #QF-8565	—	12,512.609	$12K	$12K	<0.1%
GNMA II POOL #0785805	—	14,732.649	$12K	$12K	<0.1%
FREDDIE MAC MULTICLASS P016 A2	—	12,467.372	$12K	$12K	<0.1%
FNMA POOL #0FM8683	—	14,576.614	$12K	$12K	<0.1%
FNMA POOL #0MA4624	—	14,055.801	$12K	$12K	<0.1%
GNMA II POOL #0MA8722	—	13,002.266	$12K	$12K	<0.1%
BMW US CAPITAL LLC REGS	—	11,968.677	$12K	$11K	<0.1%
FNMA POOL #0FS2676	—	13,373.956	$12K	$11K	<0.1%
FHLMC POOL #SD-4572	—	11,508.448	$11K	$11K	<0.1%
FNMA POOL #0CB2399	—	13,778.876	$12K	$11K	<0.1%
FHLMC POOL #SD-8104	—	15,167.404	$12K	$11K	<0.1%
FNMA POOL #0MA5248	—	10,770.368	$11K	$11K	<0.1%
ANHEUSER-BUSCH COS LLC / ANHEU	—	11,660.66	$12K	$11K	<0.1%
RESOLUTION FDG CORP PRIN STRIP	—	13,824.116	$10K	$11K	<0.1%
FNMA POOL #0MA5236	—	11,754.677	$10K	$11K	<0.1%
GNMA II POOL #0MA7042	—	13,817.981	$11K	$11K	<0.1%
FNMA POOL #0CB8422	—	10,555.559	$11K	$11K	<0.1%
GNMA GTD REMIC P/T 23-H10 FG	—	10,413.975	$10K	$10K	<0.1%
FHLMC POOL #QH-5943	—	10,285.291	$10K	$10K	<0.1%
FHLMC MULTICLASS MT	—	534,268.8	$11K	$10K	<0.1%
BPR TRUST 2022-STA STAR A 144A	—	10,193.91	$10K	$10K	<0.1%
GNMA II POOL #0MA9102	—	11,316.207	$10K	$10K	<0.1%
LCH CCP GOLDMAN SACHS & CO CAS	—	10,091.238	$10K	$10K	<0.1%
BANK 2019-BNK23 BN23 ASB	—	10,606.21	$10K	$10K	<0.1%
SBA GTD PARTN CTFS 2023-10A 1	—	9,873.176	$10K	$10K	<0.1%
FHLMC POOL #SD-8161	—	12,052.817	$10K	$10K	<0.1%
FNMA POOL #0FS8761	—	9,605.349	$10K	$10K	<0.1%
FNMA POOL #0FS4752	—	11,098.65	$10K	$10K	<0.1%
FNMA POOL #0MA4399	—	11,938.033	$10K	$10K	<0.1%
AMERICAN HOMES 4 R SFR1 A 144A	—	9,737.379	$9K	$10K	<0.1%
FNMA POOL #0MA4379	—	11,742.104	$10K	$10K	<0.1%
CME CCP COLL HELD AT GSC	—	9,548.54	$10K	$10K	<0.1%
CF HIPPOLYTA ISSUER 1A A1 144A	—	9,966.633	$9K	$9K	<0.1%
FNMA POOL #0MA5353	—	9,485.249	$10K	$9K	<0.1%
FNMA POOL #0BT7508	—	11,152.322	$10K	$9K	<0.1%
SBA GTD PARTN CTFS 2024-25C 1	—	9,300.322	$9K	$9K	<0.1%
GNMA II POOL #0787142	—	10,573.877	$9K	$9K	<0.1%