Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Teamsters - Ups 401k National Savings Plan
- Sponsor EIN: 951732075
- Sponsor Address: 55 GLENLAKE PARKWAY NE, ATLANTA, GA, 303283474
- Plan Type: 401(k)
- Total Participants: 451,512
- Total Assets: $19.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 451,512 | $19.3B | $0 | $1.1B |
| 2023 | 452,126 | $17.2B | $0 | $945.9M |
| 2022 | 510,511 | $14.7B | $0 | $919.0M |
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 |
|---|---|---|---|---|
| MELLON INVESTMENTS | Other Service Provider | $3,301,710 | — | $3,301,710 |
| PRIAC | Other Service Provider | $897,826 | — | $897,826 |
| BANK OF NEW YORK MELLON | Other Service Provider | $748,057 | — | $748,057 |
| EMPOWER ANNUITY INS AND ANNUITY CO | Other Service Provider | $587,726 | — | $587,726 |
| ADVISED ASSETS GROUP LLC | Other Service Provider | $367,894 | — | $367,894 |
| QDRO BENEFITS FIRM, SUSAN L. DUBROF | Other Service Provider | $252,496 | — | $252,496 |
| ALAN D. BILLER & ASSOCIATES | Other Service Provider | $115,000 | — | $115,000 |
| MORNINGSTAR INVESTMENT MANAGEMENT | Other Service Provider | $76,600 | — | $76,600 |
| WEAVER AND TIDWELL, LLP | Auditor | $24,693 | — | $24,693 |
| BUCHBINDER TUNICK & COMPANY LLP | Other Service Provider | $24,624 | — | $24,624 |
| FEINBERG, DUMONT AND BRENNAN | Other Service Provider | $6,048 | — | $6,048 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALAN D. BILLER & ASSOCIATES — Other Service Provider
- MORNINGSTAR INVESTMENT MANAGEMENT — Other Service Provider
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,402,674
- Estimated Expense Ratio: 0.033% 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 | $8,538,198 | $3,008,296 | — | $24,693 | — |
| 2023 | $10,058,653 | $3,344,302 | — | $24,624 | — |
| 2022 | $10,825,469 | $3,953,129 | — | — | $386,026 |