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VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 401k Plan overview

Plan NameVERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN
Plan identification number 001

VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CELLCO PARTNERSHIP DBA VERIZON WIRELESS has sponsored the creation of one or more 401k plans.

Company Name:CELLCO PARTNERSHIP DBA VERIZON WIRELESS
Employer identification number (EIN):223372889
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01CHRISTINE BOTTIGLIA CHRISTINE BOTTIGLIA2014-10-13
0012013-01-01CHRISTINE BOTTIGLIA CHRISTINE BOTTIGLIA2014-10-08
0012012-01-01JULIE HANKINSON JULIE HANKINSON2013-10-15
0012011-01-01JULIE HANKINSON
0012009-01-01JONATHAN HAYES JULIE HANKINSON2010-10-14

Plan Statistics for VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN

401k plan membership statisitcs for VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN

Measure Date Value
2014: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0190,252
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0192,683
Total number of active participants reported on line 7a of the Form 55002013-01-0174,274
Number of retired or separated participants receiving benefits2013-01-0199
Number of other retired or separated participants entitled to future benefits2013-01-0115,649
Total of all active and inactive participants2013-01-0190,022
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-01230
Total participants2013-01-0190,252
Number of participants with account balances2013-01-0188,834
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-015,527
2012: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01100,771
Total number of active participants reported on line 7a of the Form 55002012-01-0176,465
Number of retired or separated participants receiving benefits2012-01-01123
Number of other retired or separated participants entitled to future benefits2012-01-0115,812
Total of all active and inactive participants2012-01-0192,400
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-01283
Total participants2012-01-0192,683
Number of participants with account balances2012-01-0191,584
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015,958
2011: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01100,873
Total number of active participants reported on line 7a of the Form 55002011-01-0186,823
Number of retired or separated participants receiving benefits2011-01-01253
Number of other retired or separated participants entitled to future benefits2011-01-0113,466
Total of all active and inactive participants2011-01-01100,542
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-01229
Total participants2011-01-01100,771
Number of participants with account balances2011-01-0199,677
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-016,206
2009: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0188,946
Total number of active participants reported on line 7a of the Form 55002009-01-0186,078
Number of retired or separated participants receiving benefits2009-01-01183
Number of other retired or separated participants entitled to future benefits2009-01-0111,588
Total of all active and inactive participants2009-01-0197,849
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-01200
Total participants2009-01-0198,049
Number of participants with account balances2009-01-0195,576
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-018,269

Financial Data on VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN

Measure Date Value
2014 : VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-04-11$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-04-11$0
Total unrealized appreciation/depreciation of assets2014-04-11$0
Total transfer of assets to this plan2014-04-11$0
Total transfer of assets from this plan2014-04-11$6,530,891,618
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-04-11$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-04-11$0
Expenses. Interest paid2014-04-11$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-04-11$0
Total income from all sources (including contributions)2014-04-11$50,023,255
Total loss/gain on sale of assets2014-04-11$0
Total of all expenses incurred2014-04-11$318,728,818
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-04-11$316,902,959
Expenses. Certain deemed distributions of participant loans2014-04-11$0
Value of total corrective distributions2014-04-11$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-04-11$83,280,348
Value of total assets at end of year2014-04-11$0
Value of total assets at beginning of year2014-04-11$6,799,597,181
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-04-11$1,825,859
Total income from rents2014-04-11$0
Total interest from all sources2014-04-11$0
Total dividends received (eg from common stock, registered investment company shares)2014-04-11$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-04-11No
Total dividends received from registered investment company shares (eg mutual funds)2014-04-11$0
Assets. Real estate other than employer real property at end of year2014-04-11$0
Assets. Real estate other than employer real property at beginning of year2014-04-11$0
Administrative expenses professional fees incurred2014-04-11$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2014-04-11$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2014-04-11$0
Was this plan covered by a fidelity bond2014-04-11Yes
Value of fidelity bond cover2014-04-11$100,000,000
If this is an individual account plan, was there a blackout period2014-04-11No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-04-11$0
Were there any nonexempt tranactions with any party-in-interest2014-04-11No
Contributions received from participants2014-04-11$52,000,931
Participant contributions at end of year2014-04-11$0
Participant contributions at beginning of year2014-04-11$317,978,364
Participant contributions at end of year2014-04-11$0
Participant contributions at beginning of year2014-04-11$0
Assets. Other investments not covered elsewhere at end of year2014-04-11$0
Assets. Other investments not covered elsewhere at beginning of year2014-04-11$0
Income. Received or receivable in cash from other sources (including rollovers)2014-04-11$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-04-11$149,435,446
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-04-11$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-04-11$0
Assets. Loans (other than to participants) at end of year2014-04-11$0
Assets. Loans (other than to participants) at beginning of year2014-04-11$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-04-11$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-04-11$0
Other income not declared elsewhere2014-04-11$-9,866,297
Administrative expenses (other) incurred2014-04-11$0
Liabilities. Value of operating payables at end of year2014-04-11$0
Liabilities. Value of operating payables at beginning of year2014-04-11$0
Total non interest bearing cash at end of year2014-04-11$0
Total non interest bearing cash at beginning of year2014-04-11$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-04-11No
Income. Non cash contributions2014-04-11$0
Value of net income/loss2014-04-11$-268,705,563
Value of net assets at end of year (total assets less liabilities)2014-04-11$0
Value of net assets at beginning of year (total assets less liabilities)2014-04-11$6,799,597,181
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-04-11No
Were any loans by the plan or fixed income obligations due to the plan in default2014-04-11No
Were any leases to which the plan was party in default or uncollectible2014-04-11No
Assets. partnership/joint venture interests at end of year2014-04-11$0
Assets. partnership/joint venture interests at beginning of year2014-04-11$0
Investment advisory and management fees2014-04-11$1,825,859
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-04-11$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-04-11$0
Value of interest in pooled separate accounts at end of year2014-04-11$0
Value of interest in pooled separate accounts at beginning of year2014-04-11$0
Interest on participant loans2014-04-11$0
Income. Interest from loans (other than to participants)2014-04-11$0
Interest earned on other investments2014-04-11$0
Income. Interest from US Government securities2014-04-11$0
Income. Interest from corporate debt instruments2014-04-11$0
Value of interest in master investment trust accounts at end of year2014-04-11$0
Value of interest in master investment trust accounts at beginning of year2014-04-11$6,331,818,714
Value of interest in common/collective trusts at end of year2014-04-11$0
Value of interest in common/collective trusts at beginning of year2014-04-11$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-04-11$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-04-11$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-04-11$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-04-11$0
Assets. Value of investments in 103.12 investment entities at end of year2014-04-11$0
Assets. Value of investments in 103.12 investment entities at beginning of year2014-04-11$0
Expenses. Payments to insurance carriers foe the provision of benefits2014-04-11$0
Asset value of US Government securities at end of year2014-04-11$0
Asset value of US Government securities at beginning of year2014-04-11$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-04-11$0
Net investment gain/loss from pooled separate accounts2014-04-11$0
Net investment gain or loss from common/collective trusts2014-04-11$0
Net gain/loss from 103.12 investment entities2014-04-11$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-04-11No
Was there a failure to transmit to the plan any participant contributions2014-04-11No
Has the plan failed to provide any benefit when due under the plan2014-04-11No
Assets. Invements in employer securities at end of year2014-04-11$0
Assets. Invements in employer securities at beginning of year2014-04-11$0
Assets. Value of employer real property at end of year2014-04-11$0
Assets. Value of employer real property at beginning of year2014-04-11$0
Contributions received in cash from employer2014-04-11$31,279,417
Employer contributions (assets) at end of year2014-04-11$0
Employer contributions (assets) at beginning of year2014-04-11$149,800,103
Income. Dividends from preferred stock2014-04-11$0
Income. Dividends from common stock2014-04-11$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-04-11$167,467,513
Asset. Corporate debt instrument preferred debt at end of year2014-04-11$0
Asset. Corporate debt instrument preferred debt at beginning of year2014-04-11$0
Asset. Corporate debt instrument debt (other) at end of year2014-04-11$0
Asset. Corporate debt instrument debt (other) at beginning of year2014-04-11$0
Contract administrator fees2014-04-11$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-04-11No
Assets. Corporate common stocks other than exployer securities at end of year2014-04-11$0
Assets. Corporate common stocks other than exployer securities at beginning of year2014-04-11$0
Liabilities. Value of benefit claims payable at end of year2014-04-11$0
Liabilities. Value of benefit claims payable at beginning of year2014-04-11$0
Assets. Value of buildings and other operty used in plan operation at end of year2014-04-11$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2014-04-11$0
Did the plan have assets held for investment2014-04-11No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-04-11No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-04-11Yes
Aggregate proceeds on sale of assets2014-04-11$0
Aggregate carrying amount (costs) on sale of assets2014-04-11$0
Liabilities. Value of acquisition indebtedness at end of year2014-04-11$0
Liabilities. Value of acquisition indebtedness at beginning of year2014-04-11$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-04-11Yes
Opinion of an independent qualified public accountant for this plan2014-04-11Disclaimer
Accountancy firm name2014-04-11MITCHELL & TITUS, LLP
Accountancy firm EIN2014-04-11132781641
2013 : VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets2013-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$0
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets to this plan2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Expenses. Interest paid2013-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,758,841,604
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$684,066,344
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$659,413,507
Expenses. Certain deemed distributions of participant loans2013-12-31$26,077
Value of total corrective distributions2013-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$750,363,375
Value of total assets at end of year2013-12-31$6,799,597,181
Value of total assets at beginning of year2013-12-31$5,724,821,921
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$24,626,760
Total income from rents2013-12-31$0
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$0
Assets. Real estate other than employer real property at end of year2013-12-31$0
Assets. Real estate other than employer real property at beginning of year2013-12-31$0
Administrative expenses professional fees incurred2013-12-31$146,867
Assets. Corporate prefeered stocks other than exployer securities at end of year2013-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$100,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$359,887,334
Participant contributions at end of year2013-12-31$317,978,364
Participant contributions at beginning of year2013-12-31$301,982,555
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$0
Assets. Other investments not covered elsewhere at end of year2013-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-12-31$116,610
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Assets. Loans (other than to participants) at end of year2013-12-31$0
Assets. Loans (other than to participants) at beginning of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Other income not declared elsewhere2013-12-31$-9,211,156
Administrative expenses (other) incurred2013-12-31$845,042
Liabilities. Value of operating payables at end of year2013-12-31$0
Liabilities. Value of operating payables at beginning of year2013-12-31$0
Total non interest bearing cash at end of year2013-12-31$0
Total non interest bearing cash at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Income. Non cash contributions2013-12-31$0
Value of net income/loss2013-12-31$1,074,775,260
Value of net assets at end of year (total assets less liabilities)2013-12-31$6,799,597,181
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$5,724,821,921
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Assets. partnership/joint venture interests at end of year2013-12-31$0
Assets. partnership/joint venture interests at beginning of year2013-12-31$0
Investment advisory and management fees2013-12-31$18,593,049
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$0
Value of interest in pooled separate accounts at end of year2013-12-31$0
Value of interest in pooled separate accounts at beginning of year2013-12-31$0
Interest on participant loans2013-12-31$0
Income. Interest from loans (other than to participants)2013-12-31$0
Interest earned on other investments2013-12-31$0
Income. Interest from US Government securities2013-12-31$0
Income. Interest from corporate debt instruments2013-12-31$0
Value of interest in master investment trust accounts at end of year2013-12-31$6,331,818,714
Value of interest in master investment trust accounts at beginning of year2013-12-31$5,350,222,553
Value of interest in common/collective trusts at end of year2013-12-31$0
Value of interest in common/collective trusts at beginning of year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$0
Assets. Value of investments in 103.12 investment entities at end of year2013-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2013-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$0
Asset value of US Government securities at end of year2013-12-31$0
Asset value of US Government securities at beginning of year2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$0
Net investment gain/loss from pooled separate accounts2013-12-31$0
Net investment gain or loss from common/collective trusts2013-12-31$0
Net gain/loss from 103.12 investment entities2013-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$0
Assets. Invements in employer securities at beginning of year2013-12-31$0
Assets. Value of employer real property at end of year2013-12-31$0
Assets. Value of employer real property at beginning of year2013-12-31$0
Contributions received in cash from employer2013-12-31$390,476,041
Employer contributions (assets) at end of year2013-12-31$149,800,103
Employer contributions (assets) at beginning of year2013-12-31$72,616,813
Income. Dividends from preferred stock2013-12-31$0
Income. Dividends from common stock2013-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$659,296,897
Asset. Corporate debt instrument preferred debt at end of year2013-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2013-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$0
Contract administrator fees2013-12-31$5,041,802
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$0
Liabilities. Value of benefit claims payable at end of year2013-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2013-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$0
Aggregate carrying amount (costs) on sale of assets2013-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2013-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2013-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MITCHELL & TITUS, LLP
Accountancy firm EIN2013-12-31132781641
2012 : VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,257,653,676
Total of all expenses incurred2012-12-31$540,573,858
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$517,155,296
Expenses. Certain deemed distributions of participant loans2012-12-31$30,433
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$659,360,902
Value of total assets at end of year2012-12-31$5,724,821,921
Value of total assets at beginning of year2012-12-31$5,007,742,103
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$23,388,129
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$77,376
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$100,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$341,359,701
Participant contributions at end of year2012-12-31$301,982,555
Participant contributions at beginning of year2012-12-31$247,830,201
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$78,474
Other income not declared elsewhere2012-12-31$1,258,352
Administrative expenses (other) incurred2012-12-31$6,636,841
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$717,079,818
Value of net assets at end of year (total assets less liabilities)2012-12-31$5,724,821,921
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$5,007,742,103
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$15,733,362
Value of interest in master investment trust accounts at end of year2012-12-31$5,350,222,553
Value of interest in master investment trust accounts at beginning of year2012-12-31$4,691,057,681
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$318,001,201
Employer contributions (assets) at end of year2012-12-31$72,616,813
Employer contributions (assets) at beginning of year2012-12-31$68,854,221
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$517,076,822
Contract administrator fees2012-12-31$940,550
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MITCHELL & TITUS
Accountancy firm EIN2012-12-31132781641
2011 : VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2011 401k financial data
Total transfer of assets from this plan2011-12-31$102,797
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$632,270,593
Total of all expenses incurred2011-12-31$437,346,521
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$415,395,275
Expenses. Certain deemed distributions of participant loans2011-12-31$702,684
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$653,149,578
Value of total assets at end of year2011-12-31$5,007,742,103
Value of total assets at beginning of year2011-12-31$4,812,920,828
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$21,248,562
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$53,448
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$100,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$347,053,546
Participant contributions at end of year2011-12-31$247,830,201
Participant contributions at beginning of year2011-12-31$219,130,471
Other income not declared elsewhere2011-12-31$3,124,360
Administrative expenses (other) incurred2011-12-31$7,125,310
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$194,924,072
Value of net assets at end of year (total assets less liabilities)2011-12-31$5,007,742,103
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$4,812,920,828
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$12,899,218
Value of interest in master investment trust accounts at end of year2011-12-31$4,691,057,681
Value of interest in master investment trust accounts at beginning of year2011-12-31$4,485,033,825
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$306,096,032
Employer contributions (assets) at end of year2011-12-31$68,854,221
Employer contributions (assets) at beginning of year2011-12-31$108,756,532
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$415,395,275
Contract administrator fees2011-12-31$1,170,586
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MITCHELL & TITUS
Accountancy firm EIN2011-12-31132781641
2010 : VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2010 401k financial data
Total transfer of assets to this plan2010-12-31$170,918,274
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,183,374,345
Total of all expenses incurred2010-12-31$421,052,011
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$417,843,663
Expenses. Certain deemed distributions of participant loans2010-12-31$231,167
Value of total corrective distributions2010-12-31$6,121
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$629,586,341
Value of total assets at end of year2010-12-31$4,812,920,828
Value of total assets at beginning of year2010-12-31$3,879,680,220
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,971,060
Total interest from all sources2010-12-31$10,079,894
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$100,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$295,273,437
Participant contributions at end of year2010-12-31$219,130,471
Participant contributions at beginning of year2010-12-31$180,852,340
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$16,573,858
Administrative expenses (other) incurred2010-12-31$2,971,060
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$762,322,334
Value of net assets at end of year (total assets less liabilities)2010-12-31$4,812,920,828
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,879,680,220
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Interest on participant loans2010-12-31$10,079,894
Value of interest in master investment trust accounts at end of year2010-12-31$4,485,033,825
Value of interest in master investment trust accounts at beginning of year2010-12-31$3,604,196,290
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$317,739,046
Employer contributions (assets) at end of year2010-12-31$108,756,532
Employer contributions (assets) at beginning of year2010-12-31$94,631,590
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$417,843,663
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MITCHELL & TITUS
Accountancy firm EIN2010-12-31132781641
2009 : VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN

2014: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingYes
2014-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: VERIZON WIRELESS-SAVINGS AND RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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