Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

WESTERN UNION INTERNATIONAL, INC. PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

VERIZON BUSINESS GLOBAL LLC

This Defined Benefit (Pension) plan holds $46M in total assets and serves 20 participants as of 2022. It is sponsored by VERIZON BUSINESS GLOBAL LLC in New Jersey. The plan reported a net loss of $13M for the year.

Total Assets (2023)
$46M
Participants
20
State
Industry
Information & Media

What the Filing Says About WESTERN UNION INTERNATIONAL, INC. PENSION PLAN

WESTERN UNION INTERNATIONAL, INC. PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by VERIZON BUSINESS GLOBAL LLC, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $46M in total end-of-year assets and covers 20 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 900357488, and the plan has been effective since 1963-09-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $60M at the beginning of 2022 to $46M at year-end — a decline of 22.8%. Net assets (after liabilities) closed the year at $45M, with reported net income of $-12,996,024 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$60M
Total Assets (End of Year)$46M
Net Assets (End of Year)$45M
Net Income$-12,996,024
Plan TypeDefined Benefit (Pension)
Employer EIN900357488
Plan Effective Date1963-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (VERIZON BUSINESS GLOBAL LLC)

Year Plans Participants Total Assets
2022 1 20 $46M
2023 1 16 $3M
2024 1 N/A $36K

Nearby Defined Benefit (Pension) Plans in New Jersey

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Frequently Asked Questions

How much money is in the WESTERN UNION INTERNATIONAL, INC. PENSION PLAN?
As of the 2022 Form 5500 filing, WESTERN UNION INTERNATIONAL, INC. PENSION PLAN holds $46M in total assets with 20 participants. It is sponsored by VERIZON BUSINESS GLOBAL LLC.
What type of plan is WESTERN UNION INTERNATIONAL, INC. PENSION PLAN?
WESTERN UNION INTERNATIONAL, INC. PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1963-09-30. The plan is filed with the U.S. Department of Labor under EIN 900357488.
Who sponsors the WESTERN UNION INTERNATIONAL, INC. PENSION PLAN?
WESTERN UNION INTERNATIONAL, INC. PENSION PLAN is sponsored by VERIZON BUSINESS GLOBAL LLC, located in New Jersey. The sponsor's EIN is 900357488 and the plan operates in the Information & Media industry.
How did WESTERN UNION INTERNATIONAL, INC. PENSION PLAN perform in 2022?
WESTERN UNION INTERNATIONAL, INC. PENSION PLAN declined by 22.8% during 2022, moving from $60M to $46M in total assets. Net income was $-12,996,024.
Where can I find official filings for WESTERN UNION INTERNATIONAL, INC. PENSION PLAN?
Official Form 5500 filings for WESTERN UNION INTERNATIONAL, INC. PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 900357488 or plan name at efast.dol.gov.
How does WESTERN UNION INTERNATIONAL, INC. PENSION PLAN compare to other plans?
You can compare WESTERN UNION INTERNATIONAL, INC. PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 900357488.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.