Plan Ledger DOL Form 5500 · updated monthly

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

THE MARKEN 401K PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

United Parcel Service of America, Inc. reported $24,096 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,619 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 0.10% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 667th-largest of 2,005 plans among North Carolina employers on file, and the 661st of 2,677 in transportation & warehousing. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,323,408
Participants with balances434
Active participants658
Employer contributions$1,065,206
Employee contributions$2,420,731
Employer contribution per active participant$1,619
Average account balance$53,741
Benefits paid to participants$3,322,383
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 434 accts · $1.1M emplr
2023$19.0M · 360 accts · $1.0M emplr
2022$14.0M · 747 accts · $844K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,095
Investment management$8,001
Total administrative$24,096
The United Parcel Service of America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,619
Median for plans this size$2,416
2024$1,619 per active participant
2023$1,309 per active participant
2022$1,209 per active participant

United Parcel Service of America, Inc.'s 2024 employer contribution ran below the $2,416 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.

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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,001

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

Administrative cost history3
2024$24,096 · 0.11%
2023$19,075 · 0.12%
2022$14,131 · 0.10%
Same employer
Similar plansTransportation & Warehousing · North Carolina
Air T, Inc. NC$32.5M · 0.28%
Megacorp Logistics, LLC NC$30.0M · 0.90%
Eagle Transport Corporation NC$25.8M · 0.40%
Hilco Holdings, Inc. NC$19.7M · 0.64%
Freight Handlers, Inc. NC$18.2M · 0.08%
McNeely Companies NC$17.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383855670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.