I have seen occasional LTE performance/speed test results to be on par with a DSL connection that comes nowhere near what I posted above... there could be some network anomalies in your particular area right now... but if your speeds are typically that way on a regular basis a call to Verizon support may be in order and request a network trouble ticket be opened.
Thanks. I'm usually on wifi at home. This issue is at home now. This is the first time I've seen these slow speeds on my phone. Even my slow dsl/wifi is 5mb at home. It's bearable. My phone feels like 3G speeds.