Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Ups/Ibt Full-Time Pension Plan
- Sponsor EIN: 266150755
- Sponsor Address: 55 GLENLAKE PARKWAY NE, ATLANTA, GA, 30328
- Plan Type: DB
- Total Participants: 68,290
- Total Assets: $12.2B
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 | 68,290 | $12.2B | $630.0M | $0 |
| 2023 | 69,440 | $12.3B | $150.0M | $0 |
| 2022 | 69,748 | $11.9B | $620.0M | $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 |
|---|---|---|---|---|
| NISA INVESTMENT ADVISORS | NONE | $988,895 | — | $988,895 |
| THE BANK OF NEW YORK MELLON | NONE | $656,701 | — | $656,701 |
| CONDUENT INCORPORATED | NONE | $232,724 | — | $232,724 |
| WILLIS TOWERS WATSON US LLC | NONE | $187,479 | — | $187,479 |
| BLOOMBERG FINANCE LP | NONE | $162,327 | — | $162,327 |
| PWC US TAX LLP | NONE | $160,017 | — | $160,017 |
| BLACKROCK FINANCIAL | NONE | $121,544 | — | $121,544 |
| RR DONNELLEY | NONE | $86,490 | — | $86,490 |
| PENSION BENEFIT INFORMATION | NONE | $34,509 | — | $34,509 |
| DELOITTE TAX LLP | NONE | $31,468 | — | $31,468 |
| FACTSET RESEARCH SYSTEMS, INC. | NONE | $28,279 | — | $28,279 |
| RIDGEWORTH CAPITAL MANAGEMENT | NONE | $24,960 | — | $24,960 |
| ALAN BILLER & ASSOCIATES, INC. | NONE | $21,250 | — | $21,250 |
| PROSKAUER ROSE, LLP | NONE | $20,672 | — | $20,672 |
| EVESTMENT INC AND SUBSIDIARIES | NONE | $16,916 | — | $16,916 |
| DILIGEND, INC. | NONE | $9,298 | — | $9,298 |
| DELOITTE AND TOUCHE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- ALAN BILLER & ASSOCIATES, INC. — NONE
- DELOITTE AND TOUCHE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,783,529
- Estimated Expense Ratio: 0.023% 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 | $81,789,372 | $273,075 | — | — | — |
| 2023 | $68,316,931 | $131,706 | — | — | — |
| 2022 | $1,233,131 | — | — | — | — |