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United Parcel Service, Inc.

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

United Parcel Service, Inc.

55
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
55
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (22)
Average in Peer Group (70)
Highest in Peer Group (93)

Plan Description

The Teamsters ? UPS National 401k Tax Deferred Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Total Plan Cost. The Teamsters ? UPS National 401k Tax Deferred Savings Plan currently has over 523,300 active participants and over $13.4B in plan assets.

Did you know?

For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (55) and the top rated plan (93) could equate to:
22
Additional years of work
161,064
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 55 Glenlake Parkway Ne
  • Location
    Atlanta , GA
    • 30328-3474
  • Industry
    Transportation and Warehousing
  • Net Plan Assets
    $13,400,000,000
  • Total Participants
    520,000
  • Avg Account Balance
    $81,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

Participation Rate:
Poor
Salary Deferrals:
Above Average
Account Balance:
Above Average

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Delta Air Lines 80.6
Southwest Airlines Co. 77.6
American Airlines 77.4
United Airlines 76.3
FedEx 72.1
Board of Trustees of the Teamsters-National 401k Savings Plan Trust 42.4

Top Industry Articles

exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act

It also provides a way for retirement plan sponsors to avoid a partial plan termination.

December 28, 2020
Compliance
House Ways and Means Committee Passes SECURE Act 2.0

The markup hearing, punctuated by a unanimous vote to advance the legislation, demonstrated that retirement security issues are capable of bringing together members of Congress who don’t agree on much else.

May 5, 2021
Compliance
College Savings App Hits Ascensus With Federal Antitrust Claims

UNest Holdings claims Ascensus pushed the company out of the college savings market in an effort to create a monopoly.

May 11, 2021
Compliance
Bronson Healthcare Group Sued Over 403(b) Plan Fees

The lawsuit alleges fiduciary breaches related to ensuring reasonable administrative and investment fees.

May 11, 2021

Investments

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
State Street S&P 500 Flagship 34%
N/A
Prudential Bright Horizon 14%
N/A
Prudential S&P 400 Mid Cap Index 10%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Alan D. Biller & Associates, Inc.
Legal Counsel
Qdro Benefits Firm, Susan L. Dubrof
Legal Counsel
Benefits Law Group
Consultant
O'Dwyer & Bernstein, LLp
Legal Counsel
Ciccarello, Del Guidice, & Lafon
Auditor
Buchbinder Tunick & Company LLP

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
Ryan Alfred

Popular Questions

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