401(k) · DOL Form 5500 · 2022

United Parcel Service Company 401(k) Plan

Data updated 2026-08-06

$1.2B
Total assets
2,992
Participants
99th
Percentile by assets
$388,928
Avg per participant
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Official DOL plan name: UPS/Ipa 401 (K) Savings Plan · Sponsored by United Parcel Service Company · Kentucky · Transportation & Warehousing

$1.2B in assets, 2,992 participants

United Parcel Service Company's UPS/Ipa 401 (K) Savings Plan reported $1.2B in total assets and 2,992 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,258 plans)
  • #3,823 in Transportation & Warehousing (3,884 peers)

Coverage in Kentucky

UPS/Ipa 401 (K) Savings Plan covers 2,992 participants in Kentucky, 4.5x the typical Kentucky plan (state average ~658 per filing). Assets: $1.2B.

$1.2B
total plan assets (2022 EOY)
2,992
covered participants
99th
percentile by assets (of 139,258 plans)
$388,928
avg assets per participant

The plan reported a net loss of $291M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Kentucky filers

In Kentucky, the average filing covers about 658 participants across 1,242 plans. UPS/Ipa 401 (K) Savings Plan reports 2,992 participants - 4.5x that state average ($1.2B EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.2B
Net Income-$291M
Employer EIN131686691
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Parcel Service Company)

$3.5B$4B$4.5B$5B$5.5B 202220232024 $3.94B $5.08B ▲ +28.9%
Total plan assets by year, all United Parcel Service Company plans on file
Year Plans Participants Total Assets
2022 4 8,599 $3.9B
2023 4 8,923 $4.5B
2024 4 8,697 $5.1B

Nearby 401(k) Plans in Kentucky

Peer 401(k) plans, same state, same plan type, ranked by total assets.

UPS/Ipa 401 (K) Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

UPS/Ipa 401 (K) Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 02468 Total assets ($B) Participants UPS/Ipa 401 (K) Savi…Humana Retirement Sa…Commonspirit Health …Lexmark Savings PlanKindred 401 (K) PlanLg&e and Ku Savings …
UPS/Ipa 401 (K) Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to UPS/Ipa 401 (K) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did UPS/Ipa 401 (K) Savings Plan assets move in 2022?
UPS/Ipa 401 (K) Savings Plan declined sharply - down 20.0% during 2022, from $1.5B to $1.2B. Reported net income was -$291M.
How have United Parcel Service Company plan assets changed over time?
Across 3 plan years on file (2022-2024), United Parcel Service Company's sponsor-wide assets grew 28.9%, from $3.9B to $5.1B.
Where does UPS/Ipa 401 (K) Savings Plan rank by assets among Form 5500 filers?
UPS/Ipa 401 (K) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to UPS/Ipa 401 (K) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Alliant Energy Corporation 401(k) Savings Plan in WI ($1.2B, 3,263 participants).

Filing takeaways

Ways to act on UPS/Ipa 401 (K) Savings Plan's numbers.