Employers › United Parcel Service › plan 003
Recordkeeping fees per participant · The Teamster - UPS National 401(k) Tax Deferred Savings Plan · plan year 2024
$20.55
Higher than 25% of the 790 plans over $1B that report it.
= $4,500,593 / 219,009
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015191430NAL0011172194004, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015191430NAL0011172194004, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$25.25
Higher than 22% of the 1,045 plans over $1B that report it.
= $5,529,902 / 219,009
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015191430NAL0011172194004, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015191430NAL0011172194004, received 2025-10-15
Administrative expenses per participant
$38.99
Higher than 20% of the 1,076 plans over $1B that report it.
= $8,538,198 / 219,009
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015191430NAL0011172194004, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015191430NAL0011172194004, received 2025-10-15
Administrative expenses as a share of assets
0.044%
Higher than 48% of the 1,076 plans over $1B that report it.
= $8,538,198 / $19,309,174,243
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015191430NAL0011172194004, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015191430NAL0011172194004, received 2025-10-15
Employer contributions per participant
not reported
Not reported on this filing.
Employer share of total contributions
not reported
Not reported on this filing.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015191430NAL0011172194004, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BOARD OF TRUSTEES OF THE TEAMSTERS - UPS 401K NATIONAL SAVINGS PLAN | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Plan name | THE TEAMSTER - UPS NATIONAL 401(K) TAX DEFERRED SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Sponsor EIN / plan number | 95-1732075 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Sponsor location | ATLANTA, GA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Industry (business code) | 484200, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Participants, beginning of year | 478,400 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Active participants | 451,512 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Participants, end of year | 478,185 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Participants with an account balance | 219,009 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Total assets, beginning of year | $17,183,099,452 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Total assets, end of year | $19,309,174,243 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Net assets, end of year | $19,307,900,796 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Total income | $3,667,397,855 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Net income | $2,127,097,395 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Participant contributions | $1,073,311,532 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Other contributions (incl. rollovers) | $12,375,629 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Total contributions | $1,085,687,161 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Benefit payments | $1,526,374,224 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $1,540,300,460 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Total administrative expenses | $8,538,198 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Recordkeeping fees | $4,500,593 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| IQPA audit fees | $24,693 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Investment advisory and management fees | $3,008,296 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Administrative expenses excluding investment management | $5,529,902 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Held in common/collective trusts | $16,821,588,728 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015191430NAL0011172194004, received 2025-10-15 |
| Independent auditor | WEAVER AND TIDWELL, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015191430NAL0011172194004, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015191430NAL0011172194004, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MELLON INVESTMENTS | 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $3,301,710 | no | |
| PRIACrecordkeeper | 50 Direct payment from the plan; 15 Recordkeeping and information management; 37 Participant loan processing; 38 Participant communication; 49 Other services; 14 Plan administrator; 64 Recordkeeping fees | $897,826 | yes | |
| BANK OF NEW YORK MELLON | 19 Custodial (securities); 18 Custodial (other than securities); 50 Direct payment from the plan | $748,057 | no | |
| EMPOWER ANNUITY INS AND ANNUITY COrecordkeeper | 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees | $587,726 | no | |
| ADVISED ASSETS GROUP LLC | 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $367,894 | no | |
| QDRO BENEFITS FIRM, SUSAN L. DUBROF | 29 Legal; 50 Direct payment from the plan | $252,496 | no | |
| ALAN D. BILLER & ASSOCIATES | 27 Investment advisory (plan); 50 Direct payment from the plan; 28 Investment management; 51 Investment management fees paid directly by plan | $115,000 | no | |
| MORNINGSTAR INVESTMENT MANAGEMENT | 27 Investment advisory (plan); 50 Direct payment from the plan | $76,600 | no | |
| BUCHBINDER TUNICK & COMPANY LLP | 10 Accounting (including auditing); 50 Direct payment from the plan | $24,624 | no | |
| FEINBERG, DUMONT AND BRENNAN | 29 Legal; 50 Direct payment from the plan | $6,048 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015191430NAL0011172194004, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $17,183,099,452 | $19,309,174,243 | 12.4% |
| Participants with a balance | 190,143 | 219,009 | 15.2% |
| Administrative expenses | $10,058,653 | $8,538,198 | -15.1% |
| Recordkeeping fees per participant | $30.30 | $20.55 | -32.2% |
| Employer contributions | not reported | not reported |
Prior filing 20250305083037NAL0004419491001, received 2025-03-05; the plan years are contiguous.