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United Parcel Service, Inc.

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

United Parcel Service, Inc.

53
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
53
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (38)
Average in Peer Group (73)
Highest in Peer Group (92)

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 53. 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 489,500 active participants and over $10.9B in plan assets.

Did you know?

For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (53) and the top rated plan (92) could equate to:
22
Additional years of work
156,748
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 12/31/2018
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
    $10,900,000,000
  • Total Participants
    490,000
  • Avg Account Balance
    $71,000

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:
Low Fees
Company Generosity:
Poor

Performance

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

Peer Group Plans

Company Rating
Southwest Airlines Co. 92.3
Alyeska Pipeline Services Company 89.4
BNSF Railway Company 72.7
Hawaiian Airlines 71.4
SkyWest 71.3
Crete Carrier 61.4

Top Industry Articles

exclusives
The Retirement Crisis Is a Coverage Crisis
For those workers who are offered a retirement savings plan at work, the U.S. retirement system functions pretty well; solutions are needed, however, to extend coverage to millions more Americans.
July 25, 2019
Compliance
Retirement Plan Cyberfraud Suit Moves On With Claims Against Both Parties

A federal judge previously moved forward ERISA claims against retirement plan providers and has recently allowed for a counterclaim by the providers against the plan sponsor.

May 29, 2020
Compliance
First Hints of Potential New DOL Fiduciary Rule Emerge

The Department of Labor has submitted a draft regulation to the Office of Management and Budget.

June 2, 2020
Compliance
Lawsuit Calls Into Question Reasons for Fund Changes

Plan participants allege prohibited transactions between a plan sponsor and its investment manager relating to a revamp of the plan's investment lineup.

May 29, 2020
Compliance
Details of JPMorgan Chase 401(k) Self-Dealing Suit Settlement Revealed

A payment of $9 million will be made to “fully, finally and forever resolve, discharge and settle the released claims.”

May 27, 2020

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 33%
N/A
Prudential Bright Horizon 13%
N/A
Prudential S&P 400 Mid Cap Index 11%
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
Administration
Prudential
Recordkeeper
Prudential
Investment Adviser
Alan D. Biller & Associates, Inc.
Consultant
O'Dwyer & Bernstein, LLp
Legal Counsel
Benefits Law Group
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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