VERIZON COMMUNICATIONS INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VERIZON PENSION PLAN FOR ASSOCIATES
| Measure | Date | Value |
|---|
| 2022: VERIZON PENSION PLAN FOR ASSOCIATES 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 15,941,499,448 |
| Acturial value of plan assets | 2022-12-31 | 15,025,980,852 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 5,604,096,737 |
| Number of terminated vested participants | 2022-12-31 | 15,592 |
| Fundng target for terminated vested participants | 2022-12-31 | 768,769,602 |
| Active participant vested funding target | 2022-12-31 | 4,375,727,899 |
| Number of active participants | 2022-12-31 | 25,746 |
| Total funding liabilities for active participants | 2022-12-31 | 5,441,316,064 |
| Total participant count | 2022-12-31 | 122,962 |
| Total funding target for all participants | 2022-12-31 | 11,814,182,403 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 3,319,920,491 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 345,054,578 |
| Amount remaining of carryover balance | 2022-12-31 | 0 |
| Amount remaining of prefunding balance | 2022-12-31 | 2,974,865,913 |
| Present value of excess contributions | 2022-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 3,278,302,236 |
| Total employer contributions | 2022-12-31 | 200,000,000 |
| Total employee contributions | 2022-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 187,121,136 |
| Liquidity shortfalls end of Q1 | 2022-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2022-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2022-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 222,221,895 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 66,503,787 |
| Waiver amortization installment | 2022-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 245,986,793 |
| Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 245,986,793 |
| Additional cash requirement | 2022-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 187,121,136 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 122,962 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 23,778 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 67,462 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 14,966 |
| Total of all active and inactive participants | 2022-01-01 | 106,206 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 9,037 |
| Total participants | 2022-01-01 | 115,243 |
| Number of participants with account balances | 2022-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| 2021: VERIZON PENSION PLAN FOR ASSOCIATES 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 16,219,030,699 |
| Acturial value of plan assets | 2021-12-31 | 14,605,121,533 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 5,864,918,669 |
| Number of terminated vested participants | 2021-12-31 | 16,847 |
| Fundng target for terminated vested participants | 2021-12-31 | 1,187,971,909 |
| Active participant vested funding target | 2021-12-31 | 4,266,076,067 |
| Number of active participants | 2021-12-31 | 27,329 |
| Total funding liabilities for active participants | 2021-12-31 | 5,383,148,578 |
| Total participant count | 2021-12-31 | 127,973 |
| Total funding target for all participants | 2021-12-31 | 12,436,039,156 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 3,177,980,240 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 328,752,218 |
| Amount remaining of carryover balance | 2021-12-31 | 0 |
| Amount remaining of prefunding balance | 2021-12-31 | 2,849,228,022 |
| Present value of excess contributions | 2021-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 3,319,920,491 |
| Total employer contributions | 2021-12-31 | 0 |
| Total employee contributions | 2021-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
| Liquidity shortfalls end of Q1 | 2021-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2021-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2021-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 226,302,642 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 1,150,838,114 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 345,054,578 |
| Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 345,054,578 |
| Additional cash requirement | 2021-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 127,973 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 25,746 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 72,357 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 15,592 |
| Total of all active and inactive participants | 2021-01-01 | 113,695 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 9,267 |
| Total participants | 2021-01-01 | 122,962 |
| Number of participants with account balances | 2021-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 1 |
| 2020: VERIZON PENSION PLAN FOR ASSOCIATES 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 15,431,172,167 |
| Acturial value of plan assets | 2020-12-31 | 14,642,396,914 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 6,137,922,092 |
| Number of terminated vested participants | 2020-12-31 | 17,526 |
| Fundng target for terminated vested participants | 2020-12-31 | 795,212,473 |
| Active participant vested funding target | 2020-12-31 | 4,333,072,194 |
| Number of active participants | 2020-12-31 | 28,851 |
| Total funding liabilities for active participants | 2020-12-31 | 5,500,398,626 |
| Total participant count | 2020-12-31 | 133,539 |
| Total funding target for all participants | 2020-12-31 | 12,433,533,191 |
| Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 3,044,762,678 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 394,900,058 |
| Amount remaining of carryover balance | 2020-12-31 | 0 |
| Amount remaining of prefunding balance | 2020-12-31 | 2,649,862,620 |
| Present value of excess contributions | 2020-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2020-12-31 | 3,177,980,240 |
| Total employer contributions | 2020-12-31 | 0 |
| Total employee contributions | 2020-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
| Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 231,138,331 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 969,116,517 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 328,752,218 |
| Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 328,752,218 |
| Additional cash requirement | 2020-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
| Total participants, beginning-of-year | 2020-01-01 | 133,539 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 27,329 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 74,305 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 16,847 |
| Total of all active and inactive participants | 2020-01-01 | 118,481 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 9,492 |
| Total participants | 2020-01-01 | 127,973 |
| Number of participants with account balances | 2020-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 1 |
| 2019: VERIZON PENSION PLAN FOR ASSOCIATES 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 13,887,206,009 |
| Acturial value of plan assets | 2019-12-31 | 14,373,852,752 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 6,453,897,367 |
| Number of terminated vested participants | 2019-12-31 | 17,481 |
| Fundng target for terminated vested participants | 2019-12-31 | 717,413,705 |
| Active participant vested funding target | 2019-12-31 | 4,563,826,493 |
| Number of active participants | 2019-12-31 | 30,747 |
| Total funding liabilities for active participants | 2019-12-31 | 5,773,206,339 |
| Total participant count | 2019-12-31 | 137,966 |
| Total funding target for all participants | 2019-12-31 | 12,944,517,411 |
| Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 3,682,105,310 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 554,460,032 |
| Amount remaining of carryover balance | 2019-12-31 | 0 |
| Amount remaining of prefunding balance | 2019-12-31 | 3,127,645,278 |
| Present value of excess contributions | 2019-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 3,044,762,678 |
| Total employer contributions | 2019-12-31 | 0 |
| Total employee contributions | 2019-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 0 |
| Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2019-12-31 | 245,541,144 |
| Net shortfall amortization installment of oustanding balance | 2019-12-31 | 1,615,427,337 |
| Waiver amortization installment | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 629,471,087 |
| Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 629,471,087 |
| Additional cash requirement | 2019-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
| Total participants, beginning-of-year | 2019-01-01 | 137,966 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 28,851 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 77,339 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 17,526 |
| Total of all active and inactive participants | 2019-01-01 | 123,716 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 9,823 |
| Total participants | 2019-01-01 | 133,539 |
| 2018: VERIZON PENSION PLAN FOR ASSOCIATES 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 10,090,116,171 |
| Acturial value of plan assets | 2018-12-31 | 9,609,445,382 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 4,811,244,670 |
| Number of terminated vested participants | 2018-12-31 | 9,211 |
| Fundng target for terminated vested participants | 2018-12-31 | 393,580,613 |
| Active participant vested funding target | 2018-12-31 | 2,431,379,309 |
| Number of active participants | 2018-12-31 | 17,009 |
| Total funding liabilities for active participants | 2018-12-31 | 3,063,600,870 |
| Total participant count | 2018-12-31 | 75,079 |
| Total funding target for all participants | 2018-12-31 | 8,268,426,153 |
| Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 1,959,783,370 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 285,708,876 |
| Amount remaining of carryover balance | 2018-12-31 | 0 |
| Amount remaining of prefunding balance | 2018-12-31 | 1,674,074,494 |
| Present value of excess contributions | 2018-12-31 | 373,854,248 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 421,071,659 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 421,071,659 |
| Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 2,341,235,104 |
| Total employer contributions | 2018-12-31 | 0 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q1 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 135,302,633 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 1,000,215,875 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 333,964,820 |
| Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 333,964,820 |
| Additional cash requirement | 2018-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| 2017: VERIZON PENSION PLAN FOR ASSOCIATES 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 9,280,166,039 |
| Acturial value of plan assets | 2017-12-31 | 9,445,871,321 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 4,913,452,576 |
| Number of terminated vested participants | 2017-12-31 | 9,343 |
| Fundng target for terminated vested participants | 2017-12-31 | 368,350,034 |
| Active participant vested funding target | 2017-12-31 | 2,278,028,156 |
| Number of active participants | 2017-12-31 | 18,180 |
| Total funding liabilities for active participants | 2017-12-31 | 2,985,288,664 |
| Total participant count | 2017-12-31 | 78,206 |
| Total funding target for all participants | 2017-12-31 | 8,267,091,274 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 152,350,270 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 152,350,270 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 0 |
| Present value of excess contributions | 2017-12-31 | 1,845,700,836 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 1,959,783,370 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 1,959,783,370 |
| Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 1,959,783,370 |
| Total employer contributions | 2017-12-31 | 400,000,000 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 373,854,248 |
| Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 140,265,233 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 781,003,324 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 285,708,876 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 285,708,876 |
| Additional cash requirement | 2017-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 373,854,248 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 78,206 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 17,009 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 43,179 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 9,211 |
| Total of all active and inactive participants | 2017-01-01 | 69,399 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 5,680 |
| Total participants | 2017-01-01 | 75,079 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
| 2016: VERIZON PENSION PLAN FOR ASSOCIATES 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 8,021,707,403 |
| Acturial value of plan assets | 2016-12-31 | 8,310,454,832 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 5,023,395,912 |
| Number of terminated vested participants | 2016-12-31 | 11,333 |
| Fundng target for terminated vested participants | 2016-12-31 | 399,582,145 |
| Active participant vested funding target | 2016-12-31 | 2,394,073,340 |
| Number of active participants | 2016-12-31 | 22,213 |
| Total funding liabilities for active participants | 2016-12-31 | 3,131,692,861 |
| Total participant count | 2016-12-31 | 85,832 |
| Total funding target for all participants | 2016-12-31 | 8,554,670,918 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 163,023,419 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 163,023,419 |
| Amount remaining of carryover balance | 2016-12-31 | 0 |
| Amount remaining of prefunding balance | 2016-12-31 | 0 |
| Present value of excess contributions | 2016-12-31 | 151,773,531 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 152,350,270 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 152,350,270 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 152,350,270 |
| Total employer contributions | 2016-12-31 | 2,085,552,000 |
| Total employee contributions | 2016-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 1,939,718,447 |
| Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2016-12-31 | 183,691,556 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 396,566,356 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 246,367,881 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 152,350,270 |
| Additional cash requirement | 2016-12-31 | 94,017,611 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 1,939,718,447 |
| Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
| Total participants, beginning-of-year | 2016-01-01 | 85,832 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 18,180 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 44,934 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 9,343 |
| Total of all active and inactive participants | 2016-01-01 | 72,457 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 5,749 |
| Total participants | 2016-01-01 | 78,206 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 2 |
| Measure | Date | Value |
|---|
| 2022 : VERIZON PENSION PLAN FOR ASSOCIATES 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-3,190,491,269 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,809,501,676 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,787,999,873 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $200,000,000 |
| Value of total assets at end of year | 2022-12-31 | $10,941,506,503 |
| Value of total assets at beginning of year | 2022-12-31 | $15,941,499,448 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $21,501,803 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $8,757,659 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $100,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Administrative expenses (other) incurred | 2022-12-31 | $12,744,144 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-4,999,992,945 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,941,506,503 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $15,941,499,448 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $0 |
| Value of interest in master investment trust accounts at end of year | 2022-12-31 | $10,741,506,503 |
| Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $15,941,499,448 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $200,000,000 |
| Employer contributions (assets) at end of year | 2022-12-31 | $200,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,787,999,873 |
| Contract administrator fees | 2022-12-31 | $0 |
| Did the plan have assets held for investment | 2022-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm EIN | 2022-12-31 | 132781641 |
| 2021 : VERIZON PENSION PLAN FOR ASSOCIATES 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,546,673,192 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,824,204,443 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,802,176,691 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
| Value of total assets at end of year | 2021-12-31 | $15,941,499,448 |
| Value of total assets at beginning of year | 2021-12-31 | $16,219,030,699 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $22,027,752 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $8,852,490 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $100,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Administrative expenses (other) incurred | 2021-12-31 | $13,175,262 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-277,531,251 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $15,941,499,448 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $16,219,030,699 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $0 |
| Value of interest in master investment trust accounts at end of year | 2021-12-31 | $15,941,499,448 |
| Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $16,219,030,699 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,802,176,691 |
| Contract administrator fees | 2021-12-31 | $0 |
| Did the plan have assets held for investment | 2021-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm EIN | 2021-12-31 | 132781641 |
| 2020 : VERIZON PENSION PLAN FOR ASSOCIATES 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,407,491,430 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,786,952,625 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,765,011,047 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
| Value of total assets at end of year | 2020-12-31 | $16,219,030,699 |
| Value of total assets at beginning of year | 2020-12-31 | $15,598,491,894 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $21,941,578 |
| Total interest from all sources | 2020-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $8,556,384 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $100,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Administrative expenses (other) incurred | 2020-12-31 | $13,385,194 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $620,538,805 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $16,219,030,699 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $15,598,491,894 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2020-12-31 | $16,219,030,699 |
| Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $15,431,172,168 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $167,319,726 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $167,319,726 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,765,011,047 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm EIN | 2020-12-31 | 132781641 |
| 2019 : VERIZON PENSION PLAN FOR ASSOCIATES 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $208,131 |
| Total transfer of assets from this plan | 2019-12-31 | $200,010 |
| Total transfer of assets from this plan | 2019-12-31 | $200,010 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,647,404,729 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,647,404,729 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,368,592,119 |
| Total of all expenses incurred | 2019-12-31 | $1,368,592,119 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,345,878,422 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,345,878,422 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
| Value of total assets at end of year | 2019-12-31 | $15,598,491,894 |
| Value of total assets at end of year | 2019-12-31 | $15,598,491,894 |
| Value of total assets at beginning of year | 2019-12-31 | $14,319,671,163 |
| Value of total assets at beginning of year | 2019-12-31 | $14,319,671,163 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $22,713,697 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $22,713,697 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $8,611,296 |
| Administrative expenses professional fees incurred | 2019-12-31 | $8,611,296 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $100,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $100,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Administrative expenses (other) incurred | 2019-12-31 | $14,102,401 |
| Administrative expenses (other) incurred | 2019-12-31 | $14,102,401 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,278,812,610 |
| Value of net income/loss | 2019-12-31 | $1,278,812,610 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $15,598,491,894 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $15,598,491,894 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $14,319,671,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $14,319,671,163 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2019-12-31 | $15,431,172,168 |
| Value of interest in master investment trust accounts at end of year | 2019-12-31 | $15,431,172,168 |
| Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $13,887,206,009 |
| Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $13,887,206,009 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $167,319,726 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $167,319,726 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $432,465,154 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $432,465,154 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $432,465,154 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $432,465,154 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,345,878,422 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,345,878,422 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm name | 2019-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm EIN | 2019-12-31 | 132781641 |
| Accountancy firm EIN | 2019-12-31 | 132781641 |
| 2018 : VERIZON PENSION PLAN FOR ASSOCIATES 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total transfer of assets to this plan | 2018-12-31 | $4,911,408,746 |
| Total transfer of assets from this plan | 2018-12-31 | $1,473,072 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $-254,582,042 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,027,112,220 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,015,114,848 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
| Value of total assets at end of year | 2018-12-31 | $14,319,671,163 |
| Value of total assets at beginning of year | 2018-12-31 | $10,691,429,751 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $11,997,372 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $4,823,430 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $100,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Administrative expenses (other) incurred | 2018-12-31 | $7,173,942 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,281,694,262 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $14,319,671,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $10,691,429,751 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2018-12-31 | $13,887,206,009 |
| Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $9,694,129,751 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $432,465,154 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $997,300,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,015,114,848 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm EIN | 2018-12-31 | 132781641 |
| 2017 : VERIZON PENSION PLAN FOR ASSOCIATES 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total transfer of assets from this plan | 2017-12-31 | $4,366,885 |
| 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 | $50,161,134 |
| Total income from all sources (including contributions) | 2017-12-31 | $2,225,556,237 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $837,242,395 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $824,152,541 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $997,300,000 |
| Value of total assets at end of year | 2017-12-31 | $10,691,429,751 |
| Value of total assets at beginning of year | 2017-12-31 | $9,357,643,928 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $13,089,854 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $5,218,948 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $100,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $50,161,134 |
| Administrative expenses (other) incurred | 2017-12-31 | $7,870,906 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,388,313,842 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $10,691,429,751 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $9,307,482,794 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| 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 |
| Value of interest in master investment trust accounts at end of year | 2017-12-31 | $9,694,129,751 |
| Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $7,272,091,928 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $997,300,000 |
| Employer contributions (assets) at end of year | 2017-12-31 | $997,300,000 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $2,085,552,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $824,152,541 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm EIN | 2017-12-31 | 132781641 |
| 2016 : VERIZON PENSION PLAN FOR ASSOCIATES 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total transfer of assets to this plan | 2016-12-31 | $1,112,343 |
| Total transfer of assets from this plan | 2016-12-31 | $331,842,055 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $50,161,134 |
| 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 | $2,605,370,003 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $994,392,002 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $939,673,354 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $2,085,552,000 |
| Value of total assets at end of year | 2016-12-31 | $9,357,643,928 |
| Value of total assets at beginning of year | 2016-12-31 | $8,027,234,505 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $54,718,648 |
| Total interest from all sources | 2016-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $4,440,307 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $100,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $19,327,446 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $50,161,134 |
| Administrative expenses (other) incurred | 2016-12-31 | $50,278,341 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,610,978,001 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $9,307,482,794 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $8,027,234,505 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| 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 |
| Value of interest in master investment trust accounts at end of year | 2016-12-31 | $7,272,091,928 |
| Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $7,792,987,059 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | Yes |
| Contributions received in cash from employer | 2016-12-31 | $2,085,552,000 |
| Employer contributions (assets) at end of year | 2016-12-31 | $2,085,552,000 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $214,920,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $939,673,354 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | MITCHELL & TITUS, LLP |
| Accountancy firm EIN | 2016-12-31 | 132781641 |
