United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bd of Trustees, UPS Local 177, Ibt Multi-Employer Ret. Plan · Georgia · Transportation & Warehousing

What the 2023 filing shows

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan holds $1.6B for 4,855 participants — about $328,809 per participant, down 10.5% over the 2022 plan year.

$1.6B
total plan assets (2022 EOY): 4,855
covered participants: $328,809
avg assets per participant: -10.5%
assets change YoY

The plan reported a net loss of $187M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$1.6B

Participants

4,855

State

Georgia

Industry

Transportation & Warehousing

What the Filing Says About United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan is a Other retirement plan sponsored by Bd of Trustees, UPS Local 177, Ibt Multi-Employer Ret. Plan, headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $1.6B in total end-of-year assets and covers 4,855 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 131426500, and the plan has been effective since 1984-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.8B at the beginning of 2022 to $1.6B at year-end — a decline of 10.5%. Net assets (after liabilities) closed the year at $1.6B, with reported net income of $-187,225,931 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$1.8B
Total Assets (End of Year)	$1.6B
Net Assets (End of Year)	$1.6B
Net Income	$-187,225,931
Plan Type	Other
Employer EIN	131426500
Plan Effective Date	1984-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bd of Trustees, UPS Local 177, Ibt Multi-Employer Ret. Plan)

Year	Plans	Participants	Total Assets
2022	1	4,855	$1.6B
2023	1	4,960	$1.8B
2024	1	4,790	$2.0B

Nearby Other Plans in Georgia

Peer Other plans — same state, same plan type — ranked by total assets.

Northwest Airlines Pension Plan for Contract Employees $3.8B · 6,817
Georgia-Pacific LLC Hourly Pension Plan $3.4B · 7,873
Local 804 I.B.T. and Local 447 I.a.M. - UPS Multi-Employer Retirement Plan $2.1B · 6,026
United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan $1.8B · 4,960
Wellstar Health System, Inc. Active Employees Retirement Plan a $1.4B · 3,333

Compare United Parcel Service, Inc. Local 177, I… side-by-side with 3 peers →

Related Data

Guides

Frequently Asked Questions

How much money is in the United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan? ▼

As of the 2022 Form 5500 filing, United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan holds $1.6B in total assets with 4,855 participants. It is sponsored by Bd of Trustees, UPS Local 177, Ibt Multi-Employer Ret. Plan.

What type of plan is United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan? ▼

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan is a Other plan. It has been effective since 1984-07-01. The plan is filed with the U.S. Department of Labor under EIN 131426500.

Who sponsors the United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan? ▼

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan is sponsored by Bd of Trustees, UPS Local 177, Ibt Multi-Employer Ret. Plan, located in Georgia. The sponsor's EIN is 131426500 and the plan operates in the Transportation & Warehousing industry.

How did United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan perform in 2022? ▼

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan declined by 10.5% during 2022, moving from $1.8B to $1.6B in total assets. Net income was $-187,225,931.

Where can I find official filings for United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan? ▼

Official Form 5500 filings for United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 131426500 or plan name at efast.dol.gov.

How does United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan compare to other plans? ▼

You can compare United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan against other Other plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.