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Company:
Cellco Partnership d/b/a Verizon Wireless Inc.
Plan:
Verizon Wireless Savings and Investment Plan
 

Cellco Partnership d/b/a Verizon Wireless Inc.

73 Plan: Verizon Wireless Savings and Investment Plan

 
 
73
10
72
87
0
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100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $35,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

 Comments

Retirement Plan Description

Verizon Wireless Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Total Plan Cost. Verizon Wireless Savings and Investment Plan currently has over 100,800 active participants and over $4.5B in plan assets.

 Retirement Plan Details

Address One Verizon Way
Basking Ridge, NJ 07920 
Industry Information
Administrator Christine Bottiglia
Net Plan Assets $4,490,000,000
Total Participants 100,000
Avg Account Balance $48,000

 Compare Other Companies in Peer Group

Verizon Communications 78.9
Qwest Communications International 74.2
Comcast 69.1
Sprint Nextel 66.7
AT&T 65.3
BellSouth 60.9

 Top 3 Funds in this 401k

1. Verizon Communications, Inc. Common Stock 27%
2. Fidelity Stable Value Fund 9%
3. BNY Mellon Daily Liquidity Stock Index 9%

  Plan Service Providers

Auditor Mitchell & Titus, LLP
Corporate Trustee Fidelity
Recordkeeper Fidelity
Corporate Trustee BNY Mellon

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