Good cellular connection for iPhone 5?

So I have LTE 4G Verizon on my iphone 5 and when I have full service (all the bars). I have 4.88 Mbps download speed. And yes it is on, it says LTE on the top left. I searched around and apparently that is absolutely terrible for 4g LTE am I the only one with this problem/speed?

It depends on your place. At my home i get 10Down and 8Up on At&t's lte network on my s3. I know theur different networks but network congestion and position are factors of sleed on both. Other placws i tested i saw 26down and 10 up. Just depends on your position like i said. Don't think its a slow network connection tho, thats pretty fast comparing to 3g speeds.