401(k) · DOL Form 5500 · 2023

United Parcel Service of America, Inc. 401(k) Plan

Data updated 2026-08-25

$13.1B
Total assets Mega-plan scale: 102,231
Participants Very large workforce: 100th
Percentile by assets National rank: $128,250
Avg per participant Near avg balance/head

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Official DOL plan name: UPS 401(k) Savings Plan · Sponsored by United Parcel Service of America, Inc. · Georgia · Transportation & Warehousing

$13.1B in assets, 102,231 participants

United Parcel Service of America, Inc.'s UPS 401(k) Savings Plan reported $13.1B in total assets and 102,231 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

#3,353 in Transportation & Warehousing (3,362 peers)

Coverage in Georgia

UPS 401(k) Savings Plan covers 102,231 participants in Georgia, 93x the typical Georgia plan (state average ~1,096 per filing). Assets: $13.1B.

#3,353
in Transportation & Warehousing (3,362 peers): +15.9%
assets growth YoY: 132×
vs typical plan assets (national mean)

UPS 401(k) Savings Plan's outsized position by total assets

UPS 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$13,111,089,897 Highest reported value at or above every one of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

UPS 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. UPS 401(k) Savings Plan is a mega filing (102,231 participants), the rightmost band on the breakdown.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

UPS 401(k) Savings Plan reported net income rose from -$2.5B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
UPS 401(k) Savings Plan end-of-year assets rose from $11.3B in the plan year 2022 filing to $13.1B in the plan year 2023 filing.
UPS 401(k) Savings Plan reported participants fell from 107,310 in the plan year 2022 filing to 102,231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 951732075 · United Parcel Service of America, Inc. PY 2023 · 401(k)

UPS 401(k) Savings Plan · $13.1B · 102,231 · 100th

BOOK $13.1B
BOOK 102,231
BOOK 100th
BOOK 401(k)
BOOK near Target Corporation 401(k) Plan
BOOK ind #3353

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Georgia →

End-of-year total assets ($B) among UPS 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)	$11.3B
Net Assets (End of Year)	$13.1B
Net Income	$1.8B
Employer EIN	951732075
Plan Effective Date	1988-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (United Parcel Service of America, Inc.)

Latest sponsor-wide plan assets: $64.0B 11.188741720300314% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	5	861,423	$57.6B
2023	4	765,959	$40.0B
2024	5	748,428	$64.0B

Nearby 401(k) Plans in Georgia

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

UPS 401(k) Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

The Teamster - UPS National 401(k) Tax Deferred Savings Plan $17.2B · 510,511
Delta 401(k) Retirement Plan $16.2B · 83,136
Delta 401(k) Retirement Plan for Pilots $13.7B · 13,283
The Home Depot Futurebuilder $12.6B · 413,365
The Southern Company Employee Savings Plan $8.4B · 27,549

Compare UPS 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for UPS 401(k) Savings Plan

UPS 401(k) Savings Plan reports $13.1B in end-of-year assets across 102,231 participants (0.11% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.11% of 93,925,755 covered participants) - about $128,250 per participant (93% of the national average assets-per-participant) . Net income for plan year 2023 was $1.8B.

This plan identity (EIN 951732075, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.3B to $14.2B (+25.4%) while covered participants moved from 107,310 to 95,250 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	107,310	$11.3B	Open filing
2023	102,231	$13.1B	This page
2024 · index core	95,250	$14.2B	Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

UPS Retirement Plan (Defined Benefit (Pension), $21.2B, 43,465 participants)
The Teamster - UPS National 401(k) Tax Deferred Savings Plan (401(k), $19.3B, 452,126 participants)
UPS 401(k) Savings Plan (401(k), $14.2B, 95,250 participants)
UPS Pension Plan (Defined Benefit (Pension), $9.3B, 157,587 participants)

UPS 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Target Corporation 401(k) Plan in MN ($13.0B); by covered participants it is Charter Communications, Inc. 401(k) Savings Plan in NC (101,973 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13.1B here).

Target Corporation 401(k) Plan (MN) $13.0B · 432,617
Cigna 401(k) Plan (PA) $13.0B · 66,760
Medtronic Savings and Investment Plan (MN) $12.9B · 44,342
U.S. Roche 401(k) Savings Plan (CA) $12.9B · 23,512

Similar participant headcount

Nearest other-state filings by covered participants (102,231 participants); asset peers above are excluded.

Charter Communications, Inc. 401(k) Savings Plan (NC) 101,973 · 258 off
Tenet Healthcare Corporation 401(k) Retirement Savings Plan (TX) 102,842 · 611 off
Whole Foods Market Growing Your Future 401(k) Plan (TX) 100,700 · 1,531 off
Fedex Corporation Retirement Savings Plan II (TN) 99,296 · 2,935 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did UPS 401(k) Savings Plan assets move in 2023? ▼

UPS 401(k) Savings Plan grew sharply - up 15.9% during 2023, from $11.3B to $13.1B. Reported net income was $1.8B.

How have United Parcel Service of America, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), United Parcel Service of America, Inc.'s sponsor-wide assets grew 11.2%, from $57.6B to $64.0B.

Where does UPS 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

UPS 401(k) Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to UPS 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Target Corporation 401(k) Plan in MN ($13.0B, 432,617 participants).

Which 401(k) plans cover a similar participant headcount to UPS 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Charter Communications, Inc. 401(k) Savings Plan in NC (101,973 participants, $7.9B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 951732075.