Bd. of Trustees,Ups Inc.-Machinists Lodge 447 (Iamaw) Annuity FundMoney purchase plan
UNITED PARCEL SERVICE, INC. - MACHINISTS LODGE 447 (IAMAW) ANNUITY FUND · WEST TRENTON, NJ · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Bd. of Trustees,Ups Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund reported $576,083 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,934 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.65% to 0.94%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 493rd-largest of 2,419 plans among New Jersey employers on file, and the 325th of 2,677 in transportation & warehousing.
Bd. of Trustees,Ups Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 133031882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.