6 additional years of work Up to $6,000 in lost retirement savings.Verizon Savings and Security Plan for New York and New England Associates is a defined contribution plan with a stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Verizon Savings and Security Plan for New York and New England Associates currently has over 35,100 active participants and over $3.7B in plan assets.
| Address |
One Verizon Way, Mail Code Vc63n009
Basking Ridge, NJ 07920 |
| Industry | Information |
| Administrator | Donna Chiffriller |
| Net Plan Assets | $3,700,000,000 |
| Total Participants | 35,000 |
| Avg Account Balance | $100,000 |
| Telcordia Technologies | 83.2 |
| Qualcomm | 82.2 |
| Qwest Communications International | 74.2 |
| National Telecommunications... | 68.5 |
| Sprint Nextel | 66.7 |
| BellSouth | 60.9 |
| 1. | Verizon Communications, Inc. Common Stock | 25% |
| 2. | Fidelity Stable Value Fund | 9% |
| 3. | BNY Mellon Daily Liquidity Stock Index | 8% |
| Recordkeeper | Fidelity |
| Consultant | CEM Benchmarking, Inc. |
| Auditor | Mitchell & Titus, LLP |
| Corporate Trustee | BNY Mellon |
| Corporate Trustee | Fidelity |
BrightScope Rating
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