401(k) · DOL Form 5500 · 2022
Verizon Communications Inc. 401(k) Plan
Data updated 2026-08-25
- $2.9B
- Total assets Very large vs avg
- 13,354
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $217,455
- Avg per participant Above avg balance/head
Official DOL plan name: Verizon Savings Security Plan for Mid-Atlantic Associates · Sponsored by Verizon Communications Inc. · New Jersey · Information & Media
$2.9B in assets, 13,354 participants
Verizon Communications Inc.'s Verizon Savings Security Plan for Mid-Atlantic Associates reported $2.9B in total assets and 13,354 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #2,880 in Information & Media (2,911 peers)
Coverage in New Jersey
Verizon Savings Security Plan for Mid-Atlantic Associates covers 13,354 participants in New Jersey, 16x the typical New Jersey plan (state average ~844 per filing). Assets: $2.9B.
- #2,880
- in Information & Media (2,911 peers)
- -22.2%
- assets change YoY
- 29×
- vs typical plan assets (national mean)
The plan reported a net loss of $835M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Verizon Savings Security Plan for Mid-Atlantic Associates's outsized position by total assets
Verizon Savings Security Plan for Mid-Atlantic Associates vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,903,888,994 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Verizon Savings Security Plan for Mid-Atlantic Associates's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Verizon Savings Security Plan for Mid-Atlantic Associates is a mega filing (13,354 participants), the rightmost band on the breakdown.
DOL schedule card
Filing strip 232259884 · Verizon Communications Inc. PY 2022 · 401(k)
Verizon Savings Security Plan for Mid-Atlantic Associates · $2.9B · 13,354 · 100th
- PHOTO $2.9B
- IND 13,354
- EOY 100th
- 5500 401(k)
- ASSETS near Zurich Savings Plan
- PCT ind #2880
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in New Jersey →
Verizon Savings Security Plan for Mid-Atlantic Associates in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $3.7B |
|---|---|
| Net Assets (End of Year) | $2.9B |
| Net Income | -$835M |
| Employer EIN | 232259884 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Verizon Communications Inc.)
Sponsor-wide plan assets over time
All Verizon Communications Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $44.6B 0.7959808909153021% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 130,329 | $44.2B |
| 2023 | 5 | 127,663 | $47.6B |
| 2024 | 5 | 117,006 | $44.6B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Scale composition for Verizon Savings Security Plan for Mid-Atlantic Associates
Verizon Savings Security Plan for Mid-Atlantic Associates reports $2.9B in end-of-year assets across 13,354 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $217,455 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2022 was -$835M.
This plan identity (EIN 232259884, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.9B to $3.4B (+18.8%) while covered participants moved from 13,354 to 12,020 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 13,354 | $2.9B | This page |
| 2023 | 12,505 | $3.2B | Open filing |
| 2024 · index core | 12,020 | $3.4B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Verizon Savings Plan for Management Employees (401(k), $29.4B, 69,218 participants)
- Verizon Savings & Security Plan for New York and New England Associates (401(k), $5.8B, 12,658 participants)
- Verizon Pension Plan for Associates (Defined Benefit (Pension), $5.7B, 22,644 participants)
- Verizon Savings Security Plan for Mid-Atlantic Associates (401(k), $3.4B, 12,020 participants)
Verizon Savings Security Plan for Mid-Atlantic Associates's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Zurich Savings Plan in IL ($2.9B); by covered participants it is Zhi 401(k) Retirement Savings Plan in TX (13,355 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.9B here).
- Zurich Savings Plan (IL) $2.9B · 8,681
- Occidental Petroleum Corporation Savings Plan (TX) $2.9B · N/A
- The Rite Aid 401(k) Plan (PA) $2.9B · 30,875
- Nxp 401(k) Retirement Plan (TX) $2.9B · 5,093
Similar participant headcount
Nearest other-state filings by covered participants (13,354 participants); asset peers above are excluded.
- Zhi 401(k) Retirement Savings Plan (TX) 13,355 · 1 off
- Paypal 401(k) Savings Plan (CA) 13,355 · 1 off
- Giant Eagle, Inc. Employee Savings Plan (PA) 13,362 · 8 off
- Elara Caring 401(k) Plan (TX) 13,344 · 10 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.