Plan Ledger DOL Form 5500 · updated monthly

United Parcel Service of America, Inc.401(k)

THE TEAMSTER - UPS NATIONAL 401(K) TAX DEFERRED SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

United Parcel Service of America, Inc. reported $8,538,198 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. 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 fell from 0.07% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1st-largest of 2,160 plans among Georgia employers on file, and the 2nd of 2,677 in transportation & warehousing. active participation has shrunk from 510,511 to 451,512 since 2022.

Plan summary
Net assets, end of year$19,307,900,796
Participants with balances219,009
Active participants451,512
Employer contributions—
Employee contributions$1,073,311,532
Employer contribution per active participant—
Average account balance$88,160
Benefits paid to participants$1,526,374,224
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3B · 219,009 accts
2023$17.2B · 190,143 accts
2022$14.7B · 198,428 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,500,593
Investment management$3,008,296
Audit (IQPA)$24,693
Trustee / custodial$699,278
Total administrative$8,538,198
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202410
PRIAC · Recordkeeping · Loan processing$897,826
EMPOWER ANNUITY INS AND ANNUITY CO · Recordkeeping$587,726
MELLON INVESTMENTS · Investment management$3,301,710
BANK OF NEW YORK MELLON · Custodial (securities) · Custodial$748,057
ADVISED ASSETS GROUP LLC · Investment management$367,894
QDRO BENEFITS FIRM, SUSAN L. DUBROF · Legal$252,496
ALAN D. BILLER & ASSOCIATES · Investment advisory (plan) · Investment management$115,000
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (plan)$76,600
BUCHBINDER TUNICK & COMPANY LLP · Accounting / audit$24,624
FEINBERG, DUMONT AND BRENNAN · Legal$6,048

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower, PRIAC, Voya
2023PRIAC, Voya

This plan has changed recordkeepers within these filings. If you left United Parcel Service of America, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,538,198 · 0.05%
2023$10,058,653 · 0.06%
2022$10,825,469 · 0.07%
All plans at this employer2
THE TEAMSTER - UPS NATIONAL 401(K) TAX DEFERRED SAVINGS PLAN401(k)
UPS 401 (K) SAVINGS PLAN401(k)
Same employer
Similar plansTransportation & Warehousing · Georgia
FedEx Corporation TN$25.4B · 0.03%
Delta Air Lines, Inc. GA$19.0B · 0.07%
Southwest Airlines Company TX$18.9B · 0.02%
United Airlines, Inc. IL$16.8B · 0.18%
Ryder System, Inc. GA$2.7B · 0.05%
Saia Motor Freight Line, LLC GA$669.8M · 0.07%
Colonial Pipeline Company GA$359.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951732075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.