Retirement plan
UPS 401 (K) SAVINGS PLAN
UNITED PARCEL SERVICE OF AMERICA, INC.EIN 95-1732075Plan #004PY 2016
55 GLENLAKE PARKWAY NE - ATLANTA, GA 30328404-828-8661
Other plans on this EIN
4 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
JOSEPH DOOLE
Signed 10/14/2017
Summary metrics
Total assets (EOY)
$7771.3M
-12.1% from 2016
Total participants
121,363
-4.6% from 2016
Average account balance
$70,901
-7.8% from 2016
Annual return
13.16%
-16.46 pp from 2016
Benchmarks
Peer group
Industry48 - Transportation and Warehousing
Plan typeDefined contribution
Participants>=10,000
Cohort39 peers
Snapshot2016
61
Participant deferral / active EE
$3,386
median $2,862
50
Employer contribution / active EE
$1,164
median $1,149
58
Participation rate
87.3%
median 67.4%
55
Avg account balance
$70,901
median $64,113
24
Admin fee / account holder
$76
median $57
89
Annual return
13.16%
median 8.61%
Overall peer rank
56of 100
56th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$14.19B
Average account balance
Total assets / participants with a balance (line 6g)
$114K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
124,928
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
88.2%
Contributions (total)
Employer and participant dollars contributed each year
$1.09B
Contributions per participant
Average employer and participant contribution per enrolled participant
$13K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+9.79%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$90
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
VOYA2+ years Service code 15 · EIN 02-0488491 | Recordkeeping | $3,280,943 |
STATE STREET GLOBAL ADVISORS2+ years Service code 51 · EIN 04-6013494 | Investment Mgmt Fees | $1,664,232 |
BLACKROCK2+ years Service code 51 · EIN 04-0025081 | Investment Mgmt Fees | $324,691 |
STATE STREET BANK2+ years Service code 21 · EIN 04-1867445 | Bank Trustee | $226,001 |
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.
Plan features & details
Pension benefit codes2G2J2E2F2K2I
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2IStock bonusStock bonus plan.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$8.3M
$90 / participant
- Investment mgmt$4M42.8%
- Contract admin$2M18.3%
- Other / not subdivided$3M38.8%
% of EOY assets
0.107%
all-in expense ratio
Categories reported
2 / 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
- Auditor EIN
- 133891517
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified