VERIZON SAVINGS PLAN FOR MANAGEMENT EMPLOYEES · BASKING RIDGE, NJ · plan year 2025
Reported admin expense ratio · 2025
0.16%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Verizon Communications Inc. reported $47,150,548 in plan administrative expenses for 2025: 0.16% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,233 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio fell from 0.26% to 0.16%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other information & media employers. By assets it is the 2nd-largest of 2,419 plans among New Jersey employers on file, and the 4th of 2,199 in information & media. In 2025, employees put in $1.83 for every $1.00 the employer contributed; active participation has shrunk from 78,072 to 54,665 since 2022.
Plan summary
Net assets, end of year$31,319,296,635
Participants with balances12,068
Active participants54,665
Employer contributions$450,052,029
Employee contributions$821,955,060
Employer contribution per active participant$8,233
The Verizon Communications Inc. 401(k) match · 2025
Employer contribution per active participant$8,233
Median for plans this size$5,084
2025$8,233 per active participant
2024$7,269 per active participant
2023$6,898 per active participant
2022$6,147 per active participant
Verizon Communications Inc.'s 2025 employer contribution ran above the $5,084 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 232259884 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.