401(k) · DOL Form 5500 · 2023

United Parcel Service Company 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
3,159
Participants Above avg headcount
99th
Percentile by assets National rank
$419,423
Avg per participant High balance/head
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Official DOL plan name: UPS/Ipa 401(k) Savings Plan · Sponsored by United Parcel Service Company · Kentucky · Transportation & Warehousing

$1.3B in assets, 3,159 participants

United Parcel Service Company's UPS/Ipa 401(k) Savings Plan reported $1.3B in total assets and 3,159 participants in its 2023 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.

  • #3,301 in Transportation & Warehousing (3,362 peers)

Coverage in Kentucky

UPS/Ipa 401(k) Savings Plan covers 3,159 participants in Kentucky, 4.9x the typical Kentucky plan (state average ~647 per filing). Assets: $1.3B.

#3,301
in Transportation & Warehousing (3,362 peers)
+13.9%
assets growth YoY
13×
vs typical plan assets (national mean)

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

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

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

$1,324,958,147 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

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

UPS/Ipa 401(k) Savings Plan's large-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/Ipa 401(k) Savings Plan lands in the large band (3,159 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • UPS/Ipa 401(k) Savings Plan reported net income rose from -$291M in the plan year 2022 filing to $161M in the plan year 2023 filing.
  • UPS/Ipa 401(k) Savings Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • UPS/Ipa 401(k) Savings Plan reported participants rose from 2,992 in the plan year 2022 filing to 3,159 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131686691 · United Parcel Service Company PY 2023 · 401(k)

UPS/Ipa 401(k) Savings Plan · $1.3B · 3,159 · 99th

  • SCH $1.3B
  • SCH 3,159
  • SCH 99th
  • SCH 401(k)
  • SCH near Hunton Andrews Kurth LLP Retirement Savings Plan
  • SCH ind #3301

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 Kentucky →

UPS/Ipa 401(k) Savings Plan in the asset neighbourhood

Usi 401(k) Plan$1.3BState Employees' Credit Union Retirement Savings PlanState Employees' Credit Unio…$1.3BUPS/Ipa 401(k) Savings Plan$1.3BHunton Andrews Kurth LLP Retirement Savings PlanHunton Andrews Kurth LLP Ret…$1.3BAlliant Energy Corporation 401(k) Savings PlanAlliant Energy Corporation 4…$1.3B
End-of-year total assets ($B) among UPS/Ipa 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$161M
Employer EIN131686691
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Parcel Service Company)

Sponsor-wide plan assets over time

All United Parcel Service Company plans reported in each filing year

Latest sponsor-wide plan assets
$5.1B 28.91803321594822% vs 2022
2024 filing year
$3.5B$4B$4.5B$5B$5.5B 202220232024 $3.94B $5.08B ▲ +28.9%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 0246810 Total assets ($B) Participants UPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings PlanLg&e and Ku Savings Plan, Total assets ($B): 0.918603641 · Participants: 3118Lg&e and Ku Savings Plan
UPS/Ipa 401(k) Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare UPS/Ipa 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest 401(k) by assets is Hunton Andrews Kurth LLP Retirement Savings Plan in VA ($1.3B); by covered participants it is Hp Hood LLC Retirement Savings Plan in MA (3,158 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,159 participants); asset peers above are excluded.

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/Ipa 401(k) Savings Plan assets move in 2023? ▼
UPS/Ipa 401(k) Savings Plan grew at a solid clip - up 13.9% during 2023, from $1.2B to $1.3B. Reported net income was $161M.
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 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/Ipa 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hunton Andrews Kurth LLP Retirement Savings Plan in VA ($1.3B, 1,571 participants).
Which 401(k) plans cover a similar participant headcount to UPS/Ipa 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hp Hood LLC Retirement Savings Plan in MA (3,158 participants, $411M 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 131686691.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.