Defined Benefit (Pension) · DOL Form 5500 · 2022
Verizon Corporate Services Group Inc. Pension Plan
Data updated 2026-08-25
- $2.9B
- Total assets Very large vs avg
- 12,977
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $227,114
- Avg per participant Above avg balance/head
Official DOL plan name: Verizon Management Pension Plan · Sponsored by Verizon Corporate Services Group Inc. · New Jersey · Information & Media
$2.9B in assets, 12,977 participants
Verizon Corporate Services Group Inc.'s Verizon Management Pension Plan reported $2.9B in total assets and 12,977 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.
- #2,881 in Information & Media (2,911 peers)
Coverage in New Jersey
Verizon Management Pension Plan covers 12,977 participants in New Jersey, 15x the typical New Jersey plan (state average ~844 per filing). Assets: $2.9B.
- #2,881
- in Information & Media (2,911 peers)
- -29.2%
- assets change YoY
- 30×
- vs typical plan assets (national mean)
The plan reported a net loss of $1.2B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Verizon Management Pension Plan's outsized position by total assets
Verizon Management Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,947,261,898 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 Management Pension Plan'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 Management Pension Plan is a mega filing (12,977 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 131675522 · Verizon Corporate Services Group Inc. PY 2022 · Defined Benefit (Pension)
Verizon Management Pension Plan · $2.9B · 12,977 · 100th
- TYPE $2.9B
- TYPE 12,977
- TYPE 100th
- TYPE Defined Benefit (Pension)
- TYPE near Building Trades United Pension Trust Fund Milwaukee and Vicinity
- TYPE ind #2881
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 Management Pension Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $4.2B |
|---|---|
| Net Assets (End of Year) | $2.9B |
| Net Income | -$1.2B |
| Employer EIN | 131675522 |
| Plan Effective Date | 1940-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Verizon Corporate Services Group Inc.)
Sponsor-wide plan assets over time
All Verizon Corporate Services Group Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 44.31548967149169% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,977 | $2.9B |
| 2023 | 1 | 12,474 | $2.9B |
| 2024 | 1 | 11,147 | $1.6B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Scale composition for Verizon Management Pension Plan
Verizon Management Pension Plan reports $2.9B in end-of-year assets across 12,977 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 $227,114 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2022 was -$1.2B.
This plan identity (EIN 131675522, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.9B to $1.6B (-44.3%) while covered participants moved from 12,977 to 11,147 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,977 | $2.9B | This page |
| 2023 | 12,474 | $2.9B | Open filing |
| 2024 · index core | 11,147 | $1.6B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Verizon Management Pension Plan (Defined Benefit (Pension), $1.6B, 11,147 participants)
Verizon Management Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI ($3.0B); by covered participants it is Shell Pension Plan in TX (12,912 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.9B here).
- Building Trades United Pension Trust Fund Milwaukee and Vicinity (WI) $3.0B · 9,724
- M&t Bank Corporation Pension Plan (NY) $2.9B · 3,795
- General Dynamics Retirement Plan (Government) (VA) $2.9B · 3,517
- U.S. Bank Legacy Pension Plan (MN) $2.9B · 1,398
Similar participant headcount
Nearest other-state filings by covered participants (12,977 participants); asset peers above are excluded.
- Shell Pension Plan (TX) 12,912 · 65 off
- Dominion Energy Pension Plan (VA) 12,832 · 145 off
- Caterpillar Inc. Retirement Income Plan (TX) 12,815 · 162 off
- Nestle Pension Plan (OH) 12,813 · 164 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.