Retirement plan

UPS/IPA 401(K) SAVINGS PLAN

Name: UNITED PARCEL SERVICE COMPANY - UPS/IPA 401(K) SAVINGS PLAN (2024) Form 5500
Creator: UNITED PARCEL SERVICE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UPS/IPA 401(K) SAVINGS PLAN, UNITED PARCEL SERVICE COMPANY

UNITED PARCEL SERVICE COMPANYEIN 13-1686691Plan #003PY 2024

1400 NORTH HURSTBOURNE PARKWAY - LOUISVILLE, KY 40223502-329-6626

Other plans on this EIN

4 filings

#002Retirement-$2.46B assets #001Retirement-$617.7M assets #004Retirement-$508.1M assets #005Retirement-$39.9M assets

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$1501.7M

+13.3% from 2023

Total participants

3,633

-0.1% from 2023

Average account balance

$426,741

+13.4% from 2023

Annual return

18.35%

-1.69 pp from 2023

Benchmarks

See 265 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort265 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$427K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,519

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.35%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$41

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$133,837
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INV. INS. OPS. CO. INC. Service code 37 · EIN 04-2647786	Loan Processing	$0

Plan features & details

Pension benefit codes2F2G2J2R2T

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants 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.
2J
Code section 401(k) feature
Cash 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$146K

$46 / participant

Investment mgmt$146K100.0%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

1 / 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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$426,741

$81,301+424.9%

$76,119+460.6%

$199,960+113.4%

Participation rate

96.4%

70.1%+26.3pp

69.1%+27.3pp

72.0%+24.4pp

Annual return

18.35%

16.31%+2.0pp

361.25%-342.9pp

34.28%-15.9pp

Employer contribution / active EE

$3,352-100.0%

$2,693-100.0%

$3,036-100.0%

Participant deferral / active EE

$21,122

$4,721+347.4%

$4,259+395.9%

$5,087+315.2%

Admin fee / account holder

$41

$145-71.5%

$6,421-99.4%

$269-84.6%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.6 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$133,837

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INV. INS. OPS. CO. INC.

Service code 37 · EIN 04-2647786

Loan Processing

UPS/IPA 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UPS/IPA 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion