Form 5500 Search
Back to filter
Original filing (PDF)20251005111504NAL0001634691001

VERIZON COMMUNICATIONS INC.

Form 5500
FILING_RECEIVED
THE PLAN FOR GROUP INSURANCE
Health & welfare plan
Signals · 2
No recordkeeper disclosed7 service providers
Active participants
68,030
Accounts w/ balance
Plan assets (EOY)
$237.8M
Net assets (EOY)
$100.7M
How this plan invests
This plan
1 pooled trust
Schedule D
1,149 securities
funds · stocks · CUSIPs

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

Plan health score (directional)
89
/ 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
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • 33 bps in Schedule C fees — 230% above peer band of 10 bps.
  • No recordkeeper disclosed on Schedule C.
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) 559-3342
Industry
Information / Tech / Mediasee all
Plan administrator
Name
CHAIRPERSON OF THE VERIZON EMPLOYEE BENEFITS COMMITTEE
EIN
30-0940361
City
BASKING RIDGE, NJ
Phone
(908) 559-3342
Plan characteristics
Plan number
580
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-05
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4H · Long-Term Disability
4L · Death Benefits (other than life insurance)
4Q · Other
Audit & trust (Schedule H)
Auditor
MITCHELL & TITUS, LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

7 rows
Trustee
1
NameEINLocationRelationDirect compIndirect comp
THE BANK OF NEW YORK MELLON13-5160382TRUSTEE$119K
Other
6
NameEINLocationRelationDirect compIndirect comp
GRANTHAM,MAYO,VAN OTTERLOO&CO (GMO)04-2691242NONE$326K
ALLIANCE BERNSTEIN LP.13-4064930NONE$202K
AON HEWITT INVESTMENT36-3109431NONE$98K
VERIZON COMMUNICATIONS INC.23-2259884EMPLOYER$30K
THOMPSON HINE LLP34-0575300NONE$9K
COMPSYCH35-3739783NONE$0

Investments

1,143 direct securities · 1 pooled fund· $306.5M(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.

Uncategorized
$253.0M
1143 holdings
Common Collective Trust
$53.6M
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
CF SL ACWI FUND
THE BANK OF NEW YORK MELLON · EIN 35-6787007 / PN 001
Common Collective Trust
$53.6M22.5%
BELL ATLANTIC VEBA COLLECTIVE$2K$25.8M10.9%
CCP_IRS._R NOK-NIBOR 6M CME$23.6M9.9%
TRS_FL LBUSTRUU INDEX$22.0M$22.0M9.2%
TRS EL LBUSTRUU INDEX$21.6M$21.6M9.1%
CCP_IRS._P SEK-STIBOR 3M CME$20.2M8.5%
U S TREASURY BILL 20,080,700 492$19.8M8.3%
CCP_IRS._P NZD-BKBM FRA 3M CME$6.2M2.6%
NVIDIA CORP$8.4M$5.5M2.3%
APPLE INC$10.3M$4.4M1.8%
ALPHABET INC$10.7M$4.0M1.7%
GMO EMERG COUNTRY DEBT-IV$15.6M$3.9M1.7%
GMO MULTI-SECT FIX INC-IV$15.2M$3.9M1.6%
MICROSOFT CORP$10.2M$3.5M1.5%
META PLATFORMS INC$8.8M$3.5M1.5%
AMAZON.COM INC$8.7M$3.4M1.4%
The Prudential Insurance Advance Premium Accounts Company of America (interest-bearing cash)$3.0M1.2%
TRS EL KOSPI 200 FUTURES CONT.$2.5M$2.5M1.0%
TRS_FL KOSPI 200 FUTURES CONT.$2.5M$2.5M1.0%
INTEL CORP$2.1M$1.9M0.8%
As of December 31, 2024 VERIZON NON-TAXABLE LIMITED PARTNERSHIP Base Unrealized Security Description Shares/Par Base Cost Base Market Value Gain/Loss U S TREASURY NOTE$125.7M$1.5M0.6%
TRS EL SWISS MKT IDX FUT$1.4M$1.4M0.6%
CIGNA GROUP/THE 121,421 650$1.1M0.4%
SIGMA CF LIQUIDATING POOL 1,022,121 0$1.0M0.4%
3I GROUP PLC$1.5M$979K0.4%
INTERNATIONAL BUSINESS MACHINE$3.3M$948K0.4%
AB MERGERS ARB FUND$10.7M$905K0.4%
TRS_FL SWISS MKT IDX FUT$901K$901K0.4%
FNMA POOL #0MA4492 1,055,623 78$824K0.3%
As of December 31, 2024 VERIZON NON-TAXABLE LIMITED PARTNERSHIP Base Unrealized Security Description Shares/Par Base Cost Base Market Value Gain/Loss CCP_OIS. P CHF-SARON-OIS COMPO$795K0.3%
GOLDMAN SACHS GROUP INC/THE$2.2M$704K0.3%
VISA INC$2.3M$703K0.3%
GARMIN LTD$1.5M$680K0.3%
ISRACARD LTD 0 ITOCHU CORP$1.4M$656K0.3%
ARISTA NETWORKS INC$1.9M$625K0.3%
NETFLIX INC$1.4M$618K0.3%
ELI LILLY & CO$1.1M$611K0.3%
JPMORGAN CHASE & CO$1.8M$598K0.3%
SWAP COLLATERAL WITH BARCLAYS 591,000 1$591K0.2%
PULTEGROUP INC 5,199 218$566K0.2%
GENERAL MOTORS CO$2.9M$563K0.2%
AMDOCS LTD 6,455 255$550K0.2%
CIE DE SAINT-GOBAIN SA$1.7M$547K0.2%
SWAP COLLATERAL WITH CITIBANK -543,000 3$543K0.2%
TRS_FL SWISS MKT IDX FU$516K$516K0.2%
BANCO BILBAO VIZCAYA ARGENTARI$1.7M$512K0.2%
COSTCO WHOLESALE CORP$1.2M$500K0.2%
CISCO SYSTEMS INC$3.3M$498K0.2%
MANULIFE FINANCIAL CORP$1.5M$497K0.2%
INTUITIVE SURGICAL INC$1.0M$493K0.2%
AMERICAN EXPRESS CO$1.3M$492K0.2%
SAP SE$2.4M$491K0.2%
KROGER CO/THE$1.8M$483K0.2%
SYNCHRONY FINANCIAL$1.4M$476K0.2%
NOVARTIS AG 4,743 98$464K0.2%
BANK OF NEW YORK MELLON CORP/T$1.8M$460K0.2%
WALMART INC$1.6M$446K0.2%
TRANE TECHNOLOGIES PLC$854K$426K0.2%
BROADCOM INC$1.1M$418K0.2%
PFIZER INC$1.9M$413K0.2%
BANCO DE SABADELL SA$720K$411K0.2%
INDUSTRIA DE DISENO TEXTIL SA$1.3M$410K0.2%
CUMMINS INC$2.2M$399K0.2%
ISHARES MSCI EMERGING MARKET$4.0M$382K0.2%
GNMA II POOL #0MA8801 384,039 99$382K0.2%
JG WENTWORTH INC CL A 144A 0$380K0.2%
YANGZIJIANG SHIPBUILDING HOLDI$705K$375K0.2%
EBAY INC$2.3M$357K0.2%
CELESTICA INC$392K$334K0.1%
GSK PLC$1.3M$325K0.1%
WELLS FARGO & CO$1.9M$325K0.1%
SWAP COLLATERAL WITH MORGAN 312,000 1$312K0.1%
COMPASS GROUP PLC$794K$308K0.1%
MGIC INVESTMENT CORP$956K$304K0.1%
DEUTSCHE BANK AG/NEW YORK NY 300,000 202$303K0.1%
NEC CORP$1.1M$294K0.1%
STRIDE INC$704K$291K0.1%
ENOVA INTERNATIONAL INC$466K$278K0.1%
CCPC COLLATERALÉWITH 268,841 1$269K0.1%
STATE STREET CORP$1.3M$267K0.1%
MITSUI & CO LTD$603K$261K0.1%
PERDOCEO EDUCATION CORP$536K$261K0.1%
CONTRA ABIOMED INC 960 COPART INC$669K$259K0.1%
JAPAN TOBACCO INC$1.2M$258K0.1%
OVERSEA-CHINESE BANKING CORP L$1.3M$257K0.1%
ORACLE CORP$2.6M$254K0.1%
RIO TINTO LTD 3,455 145$251K0.1%
AIG CLO 2021-3 LLC 3A D 144A 250,000 100$251K0.1%
NXP SEMICONDUCTORS NV$1.4M$251K0.1%
BPCE SA 144A 250,000 100$251K0.1%
JACKSON FINANCIAL INC$705K$250K0.1%
MERCK & CO INC$3.8M$247K0.1%
BANK OF AMERICA CORP$2.8M$246K0.1%
SAFRAN SA$910K$242K0.1%
CHIPOTLE MEXICAN GRILL INC$564K$239K0.1%
NMEF FUNDING 2024-A A A2 144A 239,000 100$239K0.1%
CATERPILLAR FINANCIAL SERVICES 238,000 100$238K0.1%
STMICROELECTRONICS NV$474K$235K<0.1%
PLAINS ALL AMERICAN PIPELINE L 232,000 100$232K<0.1%
ENERGY TRANSFER LP 231,000 100$231K<0.1%
TAYLOR MORRISON HOME CORP$524K$229K<0.1%
TEXAS INSTRUMENTS INC$1.3M$228K<0.1%
SUMITOMO FORESTRY CO LTD$795K$227K<0.1%
HARTFORD INSURANCE GROUP INC/T$968K$226K<0.1%
TRS_FL KOSPI 200 FUTURES CONT$221K$221K<0.1%
PAGAYA AI DEBT GRANTO 9 B 144A 221,385 100$221K<0.1%
TRS EL KOSPI 200 FUTURES CONT$217K$217K<0.1%
PARAMOUNT GLOBAL 200,000 108$216K<0.1%
MISSION LANE CREDIT C B A 144A 214,000 100$214K<0.1%
UNUM GROUP$1.0M$213K<0.1%
LLOYDS BANKING GROUP PLC 212,000 100$212K<0.1%
WASTE MANAGEMENT INC 213,000 99$212K<0.1%
ADTALEM GLOBAL EDUCATION INC$437K$211K<0.1%
GENERAL MILLS INC 211,000 199$210K<0.1%
UNICREDIT SPA$813K$208K<0.1%
QUALCOMM INC$2.3M$205K<0.1%
SALESFORCE INC$555K$202K<0.1%
CITIGROUP INC$1.3M$201K<0.1%
SERVICENOW INC$349K$200K<0.1%
JANUS HENDERSON GROUP PLC$496K$199K<0.1%
JOHNSON & JOHNSON$2.4M$197K<0.1%
TSMC ARIZONA CORP 200,000 98$196K<0.1%
FREDDIE MAC STACR DNA3 A1 144A 191,199 100$192K<0.1%
CNH INDUSTRIAL CAPITAL LLC 189,000 200$189K<0.1%
CARVANA AUTO RECEIVABLES P3 A2 187,000 100$187K<0.1%
FREDDIE MAC STACR HQA2 M1 144A 186,158 100$186K<0.1%
WOLTERS KLUWER NV$1.3M$186K<0.1%
KINDER MORGAN INC$721K$184K<0.1%
COMMIT TO PUR FNMA SF MTG$9.4M$184K<0.1%
TRI POINTE HOMES INC$420K$181K<0.1%
DISCOVER FINANCIAL SERVICES$394K$180K<0.1%
SOCIETE GENERALE SA 6,353 28$179K<0.1%
CBRE GROUP INC$1.5M$178K<0.1%
CANON INC$824K$178K<0.1%
FREDDIE MAC STACR HQA4 M1 144A 177,352 100$177K<0.1%
GLS AUTO RECEIVABLE 3A A2 144A 171,681 100$172K<0.1%
AUTOZONE INC$3K$170K<0.1%
SEKISUI HOUSE LTD$991K$167K<0.1%
RADIAN GROUP INC$730K$166K<0.1%
DBS GROUP HOLDINGS LTD$762K$165K<0.1%
ERSTE GROUP BANK AG$528K$164K<0.1%
LEONARDO SPA 6,095 27$164K<0.1%
AMERICAN TOWER CORP 167,000 385$164K<0.1%
E-MINI RUSS 2000 FUTURE (CME)$163K$163K<0.1%
MOTOROLA SOLUTIONS INC$343K$163K<0.1%
TJX COS INC/THE$326K$162K<0.1%
CELSIUS HOLDINGS INC$115K$161K<0.1%
SANTANDER DRIVE AUTO RECE 4 A2 159,951 100$160K<0.1%
MITSUI CHEMICALS INC 7,200 22$159K<0.1%
REXEL SA 6,189 25$158K<0.1%
COCA-COLA HBC AG 4,577 34$157K<0.1%
IPSEN SA 1,352 115$155K<0.1%
BNY MELLON CASH RESERVE 149,062 300$149K<0.1%
BERKSHIRE HATHAWAY INC$1.2M$148K<0.1%
VERTEX PHARMACEUTICALS INC$319K$144K<0.1%
S&P500 EMINI FUTURE (CME)$143K$143K<0.1%
ELEVANCE HEALTH INC$557K$142K<0.1%
NATWEST GROUP PLC$1.1M$141K<0.1%
FREDDIE MAC STACR HQA1 M1 144A 140,306 100$140K<0.1%
CONSTELLATION SOFTWARE INC$247K$140K<0.1%
FREDDIE MAC STACR DNA1 M1 144A 135,924 100$136K<0.1%
TAIWAN SEMICONDUCTOR MANUFACTU$536K$136K<0.1%
WALT DISNEY CO/THE$707K$136K<0.1%
CVS HEALTH CORP$342K$134K<0.1%
RECRUIT HOLDINGS CO LTD$1.5M$133K<0.1%
NESTLE SA$498K$131K<0.1%
HP INC$935K$131K<0.1%
PUBLICIS GROUPE SA$533K$128K<0.1%
WARNERMEDIA HOLDINGS INC 132,000 96$127K<0.1%
LEIDOS HOLDINGS INC$984K$127K<0.1%
ABBOTT LABORATORIES$686K$123K<0.1%
LYONDELLBASELL INDUSTRIES NV$407K$123K<0.1%
UNITED OVERSEAS BANK LTD$791K$121K<0.1%
HOME DEPOT INC/THE$1.1M$118K<0.1%
BARRATT REDROW PLC$391K$117K<0.1%
MANHATTAN ASSOCIATES INC$264K$117K<0.1%
CONNECTICUT AVENU R03 2M1 144A 116,442 100$116K<0.1%
EQUINOR ASA$480K$116K<0.1%
MISSION LANE CREDIT A A1 144A 114,000 101$115K<0.1%
BELLEMEADE RE 2022- 1 M1B 144A 113,970 100$114K<0.1%
WW GRAINGER INC$239K$114K<0.1%
CARVANA AUTO RECEIVABLES P4 A2 114,000 100$114K<0.1%
CONNECTICUT AVENU R04 1M1 144A 113,669 100$114K<0.1%
APPLIED MATERIALS INC$1.5M$114K<0.1%
GE VERNOVA INC$229K$113K<0.1%
GMO HIGH YIELD FUND-VI$3.3M$111K<0.1%
CIRRUS LOGIC INC$466K$108K<0.1%
CADENCE DESIGN SYSTEMS INC$311K$103K<0.1%
IMPERIAL BRANDS PLC$628K$102K<0.1%
REGENERON PHARMACEUTICALS INC$177K$101K<0.1%
AFFIRM ASSET SECURIT X2 A 144A 100,000 100$100K<0.1%
As of December 31, 2024 VERIZON NON-TAXABLE LIMITED PARTNERSHIP Base Unrealized Security Description Shares/Par Base Cost Base Market Value Gain/Loss GENERALI$923K$99K<0.1%
COMCAST CORP$1.2M$99K<0.1%
EXOR NV$660K$99K<0.1%
FAIRFAX FINANCIAL HOLDINGS LTD$278K$97K<0.1%
EQUIFY ABS 2024-1 LL 1A A 144A 96,762 100$97K<0.1%
FNMA POOL #0BU1240$524K$96K<0.1%
OTIS WORLDWIDE CORP$744K$96K<0.1%
ASML HOLDING NV$646K$96K<0.1%
HEIDELBERG MATERIALS AG$660K$95K<0.1%
Showing top 200 of 1,144 investments by value.

Related plans

Other plans using GRANTHAM,MAYO,VAN OTTERLOO&CO (GMO)