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VERIZON NORTH (90275)


Summary Contributions Investments Withdrawals/Loans Rollovers Bank/Tax Information Plan Information

BALANCES TRANSACTION HISTORY STATEMENTS

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Plan Messages

Online Statement Verizon Savings & Security Plan for


Retirement Savings Statement
New York & New England Associates
Account Summary

Rate of Return NIKOLAOS P SITARAS Customer Service: (888) 457-9333


81 BEACON AVE Fidelity Brokerage Services LLC
Asset Allocation STATEN ISLAND, NY 10306- 900 Salem Street, Smithfield, RI 02917
Market Value

Investment Elections Your Account Summary Statement Period: 05/01/2019 to 05/31/2019


Contribution Summary

Account Activity Beginning Balance $300,662.80


Account Information Employee Contributions $873.25
Employer Contributions $429.65
Loan Activity Loan Repayments $760.48
Statement Key Change in Account Value $6,754.46
Dividends $391.92
Fund Performance
Ending Balance $309,872.56
Market Indices

View All Investments Additional Information


Vested Balance $309,872.56
Outstanding Loan Balance $5,394.58

Loans are an asset of your account but are not included in your ending balance or reflected in your
asset allocation.

Your Personal Rate of Return

This Period 2.4%

Your Personal Rate of Return is calculated with a time-weighted formula, widely used by financial
analysts to calculate investment earnings. It reflects the results of your investment selections as
well as any activity in the plan account(s) shown. There are other Personal Rate of Return formulas
used that may yield different results. Remember that past performance is no guarantee of future
results.

Your Asset Allocation Statement Period: 05/01/2019 to 05/31/2019

Your account is allocated among the asset classes specified above as of 05/31/2019. Percentages and
totals may not be exact due to rounding.

Market Value of Your Account Statement Period: 05/01/2019 to 05/31/2019

This section displays the value of your account for the period, in both shares and dollars.

ASSET CLASS INVESTMENT OPTIONS


Shares Shares Price Price Market Value Market Value
Investment as of as of as of as of as of as of
04/30/2019 05/31/2019 04/30/2019 05/31/2019 04/30/2019 05/31/2019

Stock $201,449.56 $100,579.48


Verizon Co Stock 12,819.335 6,732.264 $15.71 $14.93 $201,449.56 $100,579.48

Short Term $99,213.24 $209,293.08


Inst Govt Money Mkt 99,213.240 209,293.080 $1.00 $1.00 $99,213.24 $209,293.08

Account Totals $300,662.80 $309,872.56

Remember that a dividend payment to fund shareholders reduces the share price of the fund, so a
decrease in the share price for the statement period does not necessarily reflect lower fund
performance.

Please refer to NetBenefits and other Plan information, such as your SPD, for a description of your
right to direct investments under the Plan. For information on any plan restrictions or limitations on
those rights visit NetBenefits and click on "Plan Information".

To help achieve long-term retirement security, you should give careful consideration to the benefits of
a well-balanced and diversified investment portfolio. Spreading your assets among different types of
investments can help you achieve a favorable rate of return, while minimizing your overall risk of
losing money. This is because market or other economic conditions that cause one category of assets,
or one particular security, to perform very well often cause another asset category, or another
particular security, to perform poorly. If you invest more than 20% of your retirement savings in any
one company or industry, your savings may not be properly diversified. Although diversification is not
a guarantee against loss, it is an effective strategy to help you manage investment risk.

In deciding how to invest your retirement savings, you should take into account all of your assets,
including any retirement savings outside of the Plan. No single approach is right for everyone because,
among other factors, individuals have different financial goals, different time horizons for meeting
their goals, and different tolerances for risk. It is also important to periodically review your investment
portfolio, your investment objectives, and the investment options under the Plan to help ensure that
your retirement savings will meet your retirement goals. Visit the Dept of Labor website
www.dol.gov/agencies/ebsa/laws-and-regulations/laws/pension-protection-act/investing-and-
diversification for information on individual investing and diversification.

Some of the administrative services performed for the Plan were underwritten from the total operating
expenses of the Plan’s investment options.

As of
Your Current Investment Elections 07/12/2019

This section displays the most current investment elections through the date the statement
was printed.

Your Current Investment Elections as of 07/12/2019


401(k)Deductions
Includes: BEFORE-TAX MATCHED, BEFORE-TAX UNMATCHED, AFTER-
TAX MATCHED, AFTER-TAX UNMATCHED, QNEC, ROTH MATCHED,
ROTH UNMATCHED, ROTH CATCH-UP, PROF. SHARING EE DIRECTED,
CATCH UP CONTRIBUTION, CO MATCH - EE DIRECTED

Investment Option Current


%
ASSET CLASS INVESTMENT OPTIONS
Short Term Investments
INST GOVT MONEY MKT 100%

Total 100%

Rollovers
Includes: ROLLOVER, ROTH ROLLOVER, AFTER-TAX ROLLOVER

Any change to the source group below will apply across all
the sources within the source group. Plan rules require that all
sources within a source group be invested in the same
investment options with the same percentages.

ROLLOVER
Investment Option Current
%
ASSET CLASS INVESTMENT OPTIONS
Stock Investments
VERIZON CO STOCK 100%

Total 100%

ROTH ROLLOVER
Investment Option Current
%
ASSET CLASS INVESTMENT OPTIONS
Short Term Investments
INST GOVT MONEY MKT 100%

Total 100%

AFTER-TAX ROLLOVER
Investment Option Current
%
ASSET CLASS INVESTMENT OPTIONS
Short Term Investments
INST GOVT MONEY MKT 100%

Total 100%

Your Contribution Summary Statement Period: 05/01/2019 to 05/31/2019

Before-Tax Before-Tax
Contributions
Matched Unmatched Company Match QNEC

Period to date $523.95 $349.30 $0.00 $0.00


Vested Percent 100% 100% 100% 100%
Total Account Balance $164,696.43 $26,995.51 $92,459.63 $0.49
Total Vested Balance $164,696.43 $26,995.51 $92,459.63 $0.49

Reinvested Co Match - EE
Contributions
Dividends Directed

Period to date $0.00 $429.65


Vested Percent 100% 100%
Total Account Balance $24,175.81 $1,544.69
Total Vested Balance $24,175.81 $1,544.69

Your Account Activity by Fund Statement Period: 05/01/2019 to 05/31/2019

Use this section as a summary of transactions that occurred in your account during the statement period.

Inst Govt Money


Activity
Mkt Verizon Co Stock Total

Beginning Balance $99,213.24 $201,449.56 $300,662.80


Employee Contributions $873.25 $0.00 $873.25
Employer Contributions $429.65 $0.00 $429.65
Loan Repayments $0.00 $760.48 $760.48
Exchanges $108,444.34 -$108,444.34 $0.00
Change in Account Value $0.00 $6,754.46 $6,754.46
Dividends $332.60 $59.32 $391.92
Ending Balance $209,293.08 $100,579.48 $309,872.56

Your Account Activity by Source Statement Period: 05/01/2019 to 05/31/2019

Use this section as a summary of transactions that occurred in your account during the statement period.

Before-Tax Before-Tax
Activity
Matched Unmatched Company Match QNEC

Beginning Balance $160,432.72 $26,038.97 $89,537.46 $0.48


Employee Contributions $523.95 $349.30 $0.00 $0.00
Loan Repayments $0.00 $0.00 $760.48 $0.00
Change in Account Value $3,561.28 $578.02 $2,064.57 $0.01
Dividends $178.48 $29.22 $155.90 $0.00
Balance Forward $0.00 $0.00 -$58.78 $0.00

Vested Percentage 100% 100% 100% 100%


Vested Balance $164,696.43 $26,995.51 $92,459.63 $0.49

Ending Balance $164,696.43 $26,995.51 $92,459.63 $0.49

Reinvested Co Match - EE
Activity
Dividends Directed Total

Beginning Balance $23,563.94 $1,089.23 $300,662.80


Employee Contributions $0.00 $0.00 $873.25
Employer Contributions $0.00 $429.65 $429.65
Loan Repayments $0.00 $0.00 $760.48
Change in Account Value $526.38 $24.20 $6,754.46
Dividends $26.71 $1.61 $391.92
Balance Forward $58.78 $0.00

Vested Percentage 100% 100%


Vested Balance $24,175.81 $1,544.69 $309,872.56

Ending Balance $24,175.81 $1,544.69 $309,872.56

Your Account Information As of 07/11/2019

View Contribution Amount

General Information
Participant Status Active

Your Loan Activity Statement Period: 05/01/2019 to 05/31/2019

Use this section to verify that Fidelity's records of your information are up-to-date.

Loan Loan Loan Balance on Principal Paid Balance on Interest Paid


ID# Date Amount 04/30/2019 This Period 05/31/2019 This Period

08 02/11/2015 $15,100.00 $3,192.61 $264.38 $2,928.23 $8.38


07 07/22/2014 $27,000.00 $2,946.58 $480.23 $2,466.35 $7.49

Total $42,100.00 $6,139.19 $744.61 $5,394.58 $15.87

Questions? Call (888) 457-9333

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