PlanOptica
Retirement plan

UPS RETIREMENT PLAN

UNITED PARCEL SERVICE OF AMERICA, INC.EIN 95-1732075Plan #001PY 2022
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55 GLENLAKE PARKWAY NE - ATLANTA, GA 30328404-828-8517
Other plans on this EIN
4 filings
#003Retirement-$14.67B assets#004Retirement-$11.32B assets#022Retirement-$9.57B assets#002Retirement-$624K assets
Prospect flagsHigh retiree %Low returnsLow participationLow 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)
$22022.4M
-4.1% from 2016
Total participants
149,813
+6.4% from 2016
Average account balance
$0
No prior year
Annual return
-24.05%
-5.72 pp from 2016

Benchmarks

See 204 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort204 peers
Snapshot2022
Participant deferral / active EE
$650
median $38
Employer contribution / active EE
$8,817
median $6,003
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $1,469,698
Admin fee / account holder
$0
median $19,323
Annual return
-24.05%
median -13.75%
Overall peer rank
14th 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 DELAWARE8+ years
Service code 16 · EIN 53-0181291
Consulting
$7,122,451
THE BANK OF NEW YORK MELLON8+ years
Service code 18 · EIN 13-5160382
Direct payment from the plan; Custodi...
$1,106,515
CONDUENT INCORPORATED6 years
Service code 36 · EIN 81-2983623
Copying and duplicating; Direct payme...
$517,175
SECURIAN LIFE INSURANCE2 years
Service code 22 · EIN 41-1412669
Insurance Broker
$309,978
AON CONSULTING INC.2 years
Service code 11 · EIN 59-2706923
Actuarial
$218,340
ALSTON & BIRD, LLP2 years
Service code 29 · EIN 58-0137615
Legal
$184,917
EVIVE HEALTH, LLC2 years
Service code 15 · EIN 20-8578851
Recordkeeping
$170,338
QDRO BENEFITS FIRM1 year
Service code 29 · EIN 84-2015520
Legal
$98,222
RR DONNELLEY8+ years
Service code 36 · EIN 36-1004130
Insurance brokerage commissions and f...
$88,406
DELOITTE & TOUCHE, LLP4 years
Service code 16 · EIN 13-3891517
Consulting
$67,350

Enrolled actuary

1 attachment
SB

CHELSEA RM SWIRSKY

WILLIS TOWERS WATSON US LLC
Enrollment #2308200
FIVE CONCOURSE PARKWAY SUITE 1800
ATLANTA, GA 30328
(404) 224-5000
Signed 2023-10-10

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

4 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

  • 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
$114.7M
$2368 / participant
  • Other / not subdivided$115M100.0%
% of EOY assets
0.521%
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