VERIZON COMMUNICATIONS INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan WELFARE TRUST FOR THE GTE GROUP INSURANCE PLAN
| Measure | Date | Value |
|---|
| 2017 : WELFARE TRUST FOR THE GTE GROUP INSURANCE PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $1,180 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $1,180 |
| Total transfer of assets to this plan | 2017-12-31 | $61 |
| Total transfer of assets from this plan | 2017-12-31 | $141,559 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $117,534 |
| Total loss/gain on sale of assets | 2017-12-31 | $77,792 |
| Total of all expenses incurred | 2017-12-31 | $9,000 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $0 |
| Value of total assets at end of year | 2017-12-31 | $0 |
| Value of total assets at beginning of year | 2017-12-31 | $32,964 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $9,000 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Administrative expenses professional fees incurred | 2017-12-31 | $7,485 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $32,964 |
| Other income not declared elsewhere | 2017-12-31 | $38,562 |
| Administrative expenses (other) incurred | 2017-12-31 | $1,515 |
| Value of net income/loss | 2017-12-31 | $108,534 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $32,964 |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Did the plan have assets held for investment | 2017-12-31 | No |
| Aggregate proceeds on sale of assets | 2017-12-31 | $77,792 |
| 2016 : WELFARE TRUST FOR THE GTE GROUP INSURANCE PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total transfer of assets from this plan | 2016-12-31 | $7,124,880 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $78,971 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $68,512 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $0 |
| Value of total assets at end of year | 2016-12-31 | $32,964 |
| Value of total assets at beginning of year | 2016-12-31 | $7,147,385 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $68,512 |
| Total interest from all sources | 2016-12-31 | $78,971 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Administrative expenses professional fees incurred | 2016-12-31 | $5,727 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $32,964 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $32,558 |
| Administrative expenses (other) incurred | 2016-12-31 | $62,785 |
| Value of net income/loss | 2016-12-31 | $10,459 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $32,964 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $7,147,385 |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $7,114,827 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $7,114,827 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $78,971 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| 2015 : WELFARE TRUST FOR THE GTE GROUP INSURANCE PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total transfer of assets to this plan | 2015-12-31 | $39,235,414 |
| Total transfer of assets from this plan | 2015-12-31 | $39,094,871 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $3,523 |
| Total income from all sources (including contributions) | 2015-12-31 | $79,362 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $148,638 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $0 |
| Value of total assets at end of year | 2015-12-31 | $7,147,385 |
| Value of total assets at beginning of year | 2015-12-31 | $7,079,641 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $148,638 |
| Total interest from all sources | 2015-12-31 | $79,362 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Administrative expenses professional fees incurred | 2015-12-31 | $1,529 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $32,558 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $3,523 |
| Administrative expenses (other) incurred | 2015-12-31 | $147,109 |
| Value of net income/loss | 2015-12-31 | $-69,276 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $7,147,385 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $7,076,118 |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $7,114,827 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $7,079,641 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $7,079,641 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $79,362 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
