PlanOptica
Retirement plan

UPS RETIREMENT PLAN

UNITED PARCEL SERVICE OF AMERICA, INC.EIN 95-1732075Plan #001PY 2021
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55 GLENLAKE PARKWAY NE - ATLANTA, GA 30328404-828-8517
Other plans on this EIN
4 filings
#003Retirement-$17.36B assets#004Retirement-$13.77B assets#022Retirement-$12.77B assets#002Retirement-$615K assets
Prospect flagsHigh retiree %Low returnsLow participant contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(404) 828-8517
How to read this page

Summary metrics

Total assets (EOY)
$30130.8M
-4.1% from 2016
Total participants
152,178
+6.4% from 2016
Average account balance
$0
No prior year
Annual return
4.77%
-5.72 pp from 2016

Benchmarks

See 206 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort206 peers
Snapshot2021
Participant deferral / active EE
$371
median $81
Employer contribution / active EE
$13,574
median $6,074
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
4.77%
median 11.59%
Overall peer rank
25th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$21.24B
Average account balance
Total assets / participants with a balance (line 6g)
$147K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
105,273
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$228.91M
Contributions per participant
Average employer and participant contribution per enrolled participant
$6K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-1.44%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 13 by compensation
ProviderService typeCompensation
TOWERS WATSON DELAWARE7+ years
Service code 16 · EIN 53-0181291
Consulting
$12,882,800
THE BANK OF NEW YORK MELLON7+ years
Service code 18 · EIN 13-5160382
Direct payment from the plan; Custodi...
$1,056,805
SECURIAN LIFE INSURANCE1 year
Service code 22 · EIN 41-1412669
Insurance Broker
$737,152
CONDUENT INCORPORATED5 years
Service code 36 · EIN 81-2983623
Direct payment from the plan; Copying...
$495,095
EVIVE HEALTH, LLC1 year
Service code 15 · EIN 20-8578851
Recordkeeping
$283,537
AON CONSULTING INC.1 year
Service code 11 · EIN 59-2706923
Actuarial
$222,384
RR DONNELLEY7+ years
Service code 36 · EIN 36-1004130
Copying and duplicating; Insurance br...
$209,897
DIRECT TECHNOLOGIES, INC6 years
Service code 36 · EIN 58-2563032
Copying and duplicating; Direct payme...
$83,406
DELOITTE & TOUCHE, LLP3 years
Service code 36 · EIN 13-3891517
Direct payment from the plan; Copying...
$63,000
ALERE WELLBEING, INC7+ years
Service code 26 · EIN 20-0231080
Advisory (Participants)
$20,959

Enrolled actuary

1 attachment
SB

TIMOTHY HOPPIN, F.S.A., E.A.

WILLIS TOWERS WATSON US LLC
Enrollment #2007404
FIVE CONCOURSE PARKWAY SUITE 1800
ATLANTA, GA 30328
(404) 224-5000
Signed 2022-10-13

Top hat statement on fileNQDC

Filed December 16, 2016 (most recent of 4 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes1A1B1C1D1E
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1D
    Floor-offset plan
    Defined benefit plan whose benefits are offset by retirement benefits provided under an employer-sponsored defined contribution plan.
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.

Opportunity flags

3 tripped
  • OpportunityLow participant contribution

    Participant contribution per participant is in the bottom quintile of the peer cohort.

  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$89.8M
$1700 / participant
  • Other / not subdivided$90M100.0%
% of EOY assets
0.298%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
DELOITTE & TOUCHE, LLP
Auditor EIN
133891517
Audit fees
(not subdivided)
Opinion code
Unqualified