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 |
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2017 : WELFARE TRUST FOR THE GTE GROUP INSURANCE PLAN 2017 401k financial data |
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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 |
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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 |
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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 |