Retirement plan

UPS FLIGHT DISPATCHERS 401 (K) SAVINGS PLAN

Name: UNITED PARCEL SERVICE COMPANY - UPS FLIGHT DISPATCHERS 401 (K) SAVINGS PLAN (2016) Form 5500
Creator: UNITED PARCEL SERVICE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UPS FLIGHT DISPATCHERS 401 (K) SAVINGS PLAN, UNITED PARCEL SERVICE COMPANY

UNITED PARCEL SERVICE COMPANYEIN 13-1686691Plan #005PY 2016

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

Other plans on this EIN

4 filings

#002Retirement-$1.41B assets #003Retirement-$848.7M assets #001Retirement-$356.7M assets #004Retirement-$282.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.1M

+16.3% from 2015

Total participants

+4.2% from 2015

Average account balance

$190,360

+11.5% from 2015

Annual return

8.67%

+9.08 pp from 2015

Benchmarks

See 3,429 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,429 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.85M

Not enough data

1 years with asset history on file

Average account balance

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

$344K

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.

116

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.

101.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16182

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$144K

$1942 / participant

Other / not subdivided$144K100.0%

% of EOY assets

1.020%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$190,360

$47,944+297.0%

$67,834+180.6%

$62,881+202.7%

Participation rate

98.6%

61.1%+37.6pp

68.8%+29.9pp

69.3%+29.3pp

Annual return

8.67%

11.77%-3.1pp

138.47%-129.8pp

20.14%-11.5pp

Employer contribution / active EE

$3,746

$1,562+139.8%

$2,403+55.9%

$2,281+64.2%

Participant deferral / active EE

$10,601

$2,247+371.8%

$3,160+235.5%

$3,203+231.0%

Admin fee / account holder

$1,942

$3,712-47.7%

$4,622-58.0%

$4,296-54.8%

UPS FLIGHT DISPATCHERS 401 (K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UPS FLIGHT DISPATCHERS 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