2023 Form 5500 filing — Verizon Master Savings Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240930095120NAL0003144275001) for Verizon Master Savings Trust, reported by Verizon Communications Inc. under EIN 23-2259884 and plan number 020. It reports not reported in the loaded dataset participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240930095120NAL0003144275001
- Filing year
- 2023
- Form type
- 4
- Plan sponsor
- Verizon Communications Inc.
- EIN
- 23-2259884
- Plan number
- 020
- Location
- Basking Ridge, NJ
- Participants
- not reported in the loaded dataset
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,683,817,698
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,683,817,698
- Total income / additions
- $4,985,061,239
- Benefits paid
- $0
- Administrative expenses
- $69,669,294
- Total expenses
- $69,669,294
- Net increase / (decrease)
- $4,915,391,945
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | NONE | $10,065,291 | $0 |
| Morgan Stanley Investment Mgmt | NONE | $6,215,751 | $0 |
| Boston Partners Global Investors | NONE | $5,048,052 | $0 |
| Alliancebernstein L.P. | NONE | $4,571,626 | $0 |
| Jp Morgan | NONE | $3,404,959 | not reported in the loaded dataset |
| Pacific Investment Management | NONE | $2,888,639 | $0 |
| Aristotle Capital Management, LLC | NONE | $2,571,506 | $0 |
| Newton Investment | NONE | $2,382,291 | $0 |
| Gqg Partners LLC | NONE | $2,368,618 | $0 |
| Sands Capital Management, LLC | NONE | $2,272,841 | $0 |
| Loomis, Sayles & Company, L.P. | NONE | $2,147,547 | $0 |
| Harris Associates L.P. | NONE | $1,837,318 | $0 |
| Wellington Management Company Llp | NONE | $1,750,195 | $0 |
| Barrow, Hanley, Mew & Stra Inv Mgt | NONE | $1,737,478 | $0 |
| Marathon Asset Management Llp | NONE | $1,370,739 | not reported in the loaded dataset |
| Goldman Sachs Asset Management, Lp | NONE | $1,144,521 | $0 |
| The Bank Of New York Mellon | NONE | $1,117,000 | $0 |
| Coronation Global | NONE | $922,155 | $107,980 |
| Neuberger Berman | NONE | $978,947 | $0 |
| Invesco Advisers, Inc. | NONE | $756,868 | $0 |
| Jennison Associates LLC | NONE | $696,620 | $0 |
| Mellon Investments Corporation | NONE | $671,906 | $0 |
| Hotchkis And Wiley Capital Mgmt LLC | NONE | $624,364 | $0 |
| Lee Overlay Partners | NONE | $565,373 | not reported in the loaded dataset |
| Brookfield Public Securities Group | NONE | $553,540 | $0 |
| Principal Global Investors, LLC | NONE | $494,291 | $0 |
| Mondrian Investment Partners Ltd | NONE | $450,869 | not reported in the loaded dataset |
| Galliard Capital Management | NONE | $319,429 | not reported in the loaded dataset |
| Blackrock Institutional Trust Co. | NONE | $29,385 | $0 |