Retirement plan

LOCAL 804 I.B.T. AND LOCAL 447 I.A.M. - UPS MULTI-EMPLOYER RETIREMENT PLAN

Name: BD OF TRUSTEES LOC. 804 & LOC. 447 MULTI-EMPLOYER RET. PLAN - LOCAL 804 I.B.T. AND LOCAL 447 I.A.M. - UPS MULTI-EMPLOYER RETIREMENT PLAN (2024) Form 5500
Creator: BD OF TRUSTEES LOC. 804 & LOC. 447 MULTI-EMPLOYER RET. PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL 804 I.B.T. AND LOCAL 447 I.A.M. - UPS MULTI-EMPLOYER RETIREMENT PLAN, BD OF TRUSTEES LOC. 804 & LOC. 447 MULTI-EMPLOYER RET. PLAN

BD OF TRUSTEES LOC. 804 & LOC. 447 MULTI-EMPLOYER RET. PLANEIN 51-6117726Plan #001PY 2024

55 GLENLAKE PARKWAY, NE - ATLANTA, GA 303283474404-828-6047

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$2350M

-6.9% from 2016

Total participants

12,427

-1.6% from 2016

Average account balance

No prior year

Annual return

12.35%

-5.92 pp from 2016

Benchmarks

See 186 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants5,000-9,999

Cohort186 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.35B

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

6,694

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$139.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+12.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 10 of 18 by compensation

Provider	Service type	Compensation
MESIROW FINANCIAL INVESTMENT MANAGE3 years Filed as: MESIROW INSTITUTIONAL INV MGMT Service code 28 · EIN 88-0612424	Investment Management	$1,110,220
JP MORGAN INVESTMENT MANAGEMENT INC3 years Service code 27 · EIN 13-3200244	Advisory (Plan)	$790,532
EAGLE CAPITAL MANAGEMENT, LLC4 years Filed as: EAGLE CAPITAL MANAGEMENT Service code 28 · EIN 22-3361201	Investment Management	$786,366
WESTERN ASSET MANAGEMENT COMPANY8 years Service code 28 · EIN 52-1200960	Investment Management	$651,117
METROPOLITAN WEST ASSET MANAGEMENT8 years Service code 28 · EIN 95-3703295	Investment Management	$436,365
MONDRIAN INVESTMENT GROUP1 year Filed as: MONDRIAN INVESTMENT GROUP (U.S.) Service code 28 · EIN 56-2475915	Investment Management	$340,550
AMALGAMATED BANK10+ years Service code 19 · EIN 13-4920330	Securities Custodian	$326,159
GALLAGHER FIDUCIARY ADVISORS, LLC10+ years Filed as: GALLAGHER FIDUCIARY ADVISORS LLC Service code 16 · EIN 36-4291971	Consulting	$195,171
BLACKROCK10+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO NA Service code 21 · EIN 94-3112180	Bank Trustee	$183,150
THE SEGAL COMPANY10+ years Filed as: THE SEGAL COMPANY (EASTERN STATES) Service code 11 · EIN 13-1835864	Actuarial	$155,272

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

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

$6.1M

$1063 / participant

Investment mgmt$5M80.7%
Legal$212K3.5%
Actuarial$226K3.7%
Other / not subdivided$736K12.1%

% of EOY assets

0.259%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEAVER AND TIDWELL, LLP
Auditor EIN: 750786316
Audit fees: $74,839
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$124,814-100.0%

Participation rate

0.0%

0.0%0pp

22.2%-22.2pp

0.0%0pp

Annual return

12.35%

8.48%+3.9pp

10.53%+1.8pp

8.48%+3.9pp

Employer contribution / active EE

$24,410

$9,949+145.4%

$26,797-8.9%

$9,949+145.4%

Participant deferral / active EE

$734-100.0%

$122-100.0%

$734-100.0%

Admin fee / account holder

$129-100.0%

Provider

Service type

Compensation

MESIROW FINANCIAL INVESTMENT MANAGE3 years

Filed as: MESIROW INSTITUTIONAL INV MGMT

Service code 28 · EIN 88-0612424

Investment Management

$1,110,220

JP MORGAN INVESTMENT MANAGEMENT INC3 years

Service code 27 · EIN 13-3200244

Advisory (Plan)

$790,532

EAGLE CAPITAL MANAGEMENT, LLC4 years

Filed as: EAGLE CAPITAL MANAGEMENT

Service code 28 · EIN 22-3361201

Investment Management

$786,366

WESTERN ASSET MANAGEMENT COMPANY8 years

Service code 28 · EIN 52-1200960

Investment Management

$651,117

METROPOLITAN WEST ASSET MANAGEMENT8 years

Service code 28 · EIN 95-3703295

Investment Management

$436,365

MONDRIAN INVESTMENT GROUP1 year

Filed as: MONDRIAN INVESTMENT GROUP (U.S.)

Service code 28 · EIN 56-2475915

Investment Management

$340,550

AMALGAMATED BANK10+ years

Service code 19 · EIN 13-4920330

Securities Custodian

$326,159

GALLAGHER FIDUCIARY ADVISORS, LLC10+ years

Filed as: GALLAGHER FIDUCIARY ADVISORS LLC

Service code 16 · EIN 36-4291971

Consulting

$195,171

BLACKROCK10+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO NA

Service code 21 · EIN 94-3112180

Bank Trustee

$183,150

THE SEGAL COMPANY10+ years

Filed as: THE SEGAL COMPANY (EASTERN STATES)

Service code 11 · EIN 13-1835864

Actuarial

$155,272

LOCAL 804 I.B.T. AND LOCAL 447 I.A.M. - UPS MULTI-EMPLOYER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL 804 I.B.T. AND LOCAL 447 I.A.M. - UPS MULTI-EMPLOYER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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