DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Verizon Management Pension Plan

Corporate pensionBasking Ridge, NJ
Assets
$1.6B
Total assets, Dec 31, 2024 reported
Funded
99.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Verizon Corporate Services Group Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 95.1%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
31 readings
Total assets
$1.6B Dec 31, 2024 reported Form 5500
$2.9B (2023-12) · $2.9B (2022-12)
Plan assets
$2.9B Jan 1, 2024 reported Form 5500
$2.9B (2023-01) · $4.2B (2022-01)
Net assets
$1.6B Dec 31, 2024 reported Form 5500
$2.9B (2023-12) · $2.9B (2022-12)
Funded ratio
99.0% Jan 1, 2024 reported Form 5500
100.0% (2023-01) · 91.8% (2022-01)
Funding target
$3.0B Jan 1, 2024 reported Form 5500
$3.1B (2023-01) · $3.1B (2022-01)
Discount rate
4.99% Jan 1, 2024 reported Form 5500
5.12% (2023-01) · 5.25% (2022-01)
Participants
62,044 Jan 1, 2024 reported Form 5500
64,329 (2023-01) · 69,884 (2022-01)
Contributions
$80.0M Dec 31, 2024 reported Form 5500
$53.4M (2023-12) · $0 (2022-12)
Benefits paid
$1.2B Dec 31, 2024 reported Form 5500
$258M (2023-12) · $306M (2022-12)
Net investment income
$-1.2B Dec 31, 2024 reported Form 5500
$-65.6M (2023-12) · $-1.2B (2022-12)
Investment management fees
$0 Dec 31, 2022 reported Form 5500
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202462,044$2.9B$3.0B99.0%$1.6Bn/a$1.6Bn/a
2023 to Dec 31, 202364,329$2.9B$3.1B100.0%$2.9Bn/a$2.8Bn/a
2022 to Dec 31, 202269,884$4.2B$3.1B91.8%$2.9Bn/a$2.9Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Conduent Incorporated codes 36 49 50 64 $3.9M PY2024
  • AON Consulting Inc. codes 11 16 49 50 64 $327,890 PY2024
  • Verizon Communications Inc. codes 14 50 $261,643 PY2024
  • Databank Imx LLC codes 15 50 $142,109 PY2024
  • Principal Bank codes 13 50 $82,133 PY2024
  • Duane Morris LLP codes 29 50 $65,630 PY2024
  • Mitchell & Titus, LLP codes 10 50 $43,157 PY2024
  • Delaware Charter Guarantee codes 13 50 $14,876 PY2024
  • Bell Atlantic Master Trust Sched. D M $1.6B PY2024
  • AON Consulting, Inc. codes 11 PY2024
  • Conduent Incorporated codes 36 49 50 64 $4.1M PY2023
  • AON Consulting Inc. codes 11 16 49 50 64 $327,779 PY2023
  • Verizon Communications Inc. codes 14 50 $252,098 PY2023
  • Principal Bank codes 13 50 $175,642 PY2023
  • Databank Imx LLC codes 15 50 $141,065 PY2023
  • Duane Morris LLP codes 29 50 $101,799 PY2023
  • Mitchell & Titus, LLP codes 10 50 $55,620 PY2023
  • Pension Benefit Information codes 49 50 $39,562 PY2023
  • BK Risk Management LLC codes 49 50 $6,500 PY2023
  • Bell Atlantic Master Trust Sched. D M $2.8B PY2023
  • AON Consulting, Inc. codes 11 PY2023
  • Conduent Incorporated codes 36 49 50 64 $4.1M PY2022
  • AON Consulting Inc codes 11 16 49 50 64 $291,368 PY2022
  • Verizon Communications Inc. codes 14 50 $259,977 PY2022
  • Principal Bank codes 13 50 $184,156 PY2022
  • Databank Imx LLC codes 15 50 $135,166 PY2022
  • Mitchell & Titus, LLP codes 10 50 $27,398 PY2022
  • Wells Fargo Bank Na codes 13 50 $26,815 PY2022
  • Duane Morris LLP codes 29 50 $9,434 PY2022
  • The Ayco Company L.P. codes 17 50 $5,350 PY2022
  • Bell Atlantic Master Trust Sched. D M $2.9B PY2022
  • AON Consulting, Inc. codes 11 PY2022
What changed
4 events
  • Dec 31, 2024Assets changed
    Verizon Management Pension Plan total assets $2.9B -> $1.6B (-43.0%, 2023-12-31 to 2024-12-31)
  • Dec 31, 2023Consultant changedinference
    The Ayco Company L.P. no longer appears on Verizon Management Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with The Ayco Company L.P.askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Verizon Management Pension Plan funded ratio 91.8% -> 100.0% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Verizon Management Pension Plan plan assets $4.2B -> $2.9B (-29.2%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 131675522-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.