Plan Snapshot
- Plan Sponsor: Bd Of Trustees, Ups Local 177, Ibt Multi Employer Retirement Plan
- Sponsor EIN: 131426500
- Sponsor Address: 55 GLENLAKE PARKWAY, NE, ATLANTA, GA, 303283474
- Plan Type: DB
- Total Participants: 4,753
- Total Assets: $2.0B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,753 | $2.0B | $111.8M | $0 |
| 2023 | 4,785 | $1.8B | $119.4M | $0 |
| 2022 | 4,915 | $1.6B | $125.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ALAN BILLER & ASSOCIATES | Other Service Provider | $1,353,578 | — | $1,353,578 |
| JPMORGAN CHASE BANK, N.A. | Other Service Provider | $634,520 | — | $634,520 |
| ARROWSTREET CAPITAL, LP | Other Service Provider | $558,127 | — | $558,127 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT | Other Service Provider | $471,182 | — | $471,182 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $226,851 | — | $226,851 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $194,311 | — | $194,311 |
| PROSKAUER ROSE, LLP | Other Service Provider | $81,296 | — | $81,296 |
| SEGAL MARCO ADVISORS | Other Service Provider | $75,000 | — | $75,000 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $73,376 | — | $73,376 |
| WEAVER AND TIDWELL, LLP | Other Service Provider | $69,080 | — | $69,080 |
| ZAZZALI P.C. | Other Service Provider | $62,000 | — | $62,000 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | — | $40,009 | $40,009 |
| CONDUENT HUMAN RESOURCE SERVICES | Other Service Provider | $31,529 | — | $31,529 |
| BNY MELLON | Other Service Provider | $29,726 | — | $29,726 |
| QDRO BENEFITS FIRM, SUSAN L DUBROF | Other Service Provider | $21,411 | — | $21,411 |
| RR DONNELLEY | Other Service Provider | $14,042 | — | $14,042 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALAN BILLER & ASSOCIATES — Other Service Provider
- JPMORGAN CHASE BANK, N.A. — Other Service Provider
- WEAVER AND TIDWELL, LLP — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,936,038
- Estimated Expense Ratio: 0.197% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $5,835,827 | $4,380,378 | — | $69,080 | — |
| 2023 | $5,519,517 | $4,247,595 | — | $67,726 | — |
| 2022 | $4,931,095 | $3,970,549 | — | — | $419,660 |