Defined Benefit (Pension) · DOL Form 5500 · 2024

United Parcel Service of America, Inc. Pension Plan

Data updated 2026-08-25

$9.3B
Total assets Very large vs avg
157,587
Participants Very large workforce
100th
Percentile by assets National rank
$58,890
Avg per participant Low balance/head
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Official DOL plan name: UPS Pension Plan · Sponsored by United Parcel Service of America, Inc. · Georgia · Real Estate

$9.3B in assets, 157,587 participants

United Parcel Service of America, Inc.'s UPS Pension Plan reported $9.3B in total assets and 157,587 participants in its 2024 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.

  • #4,604 in Real Estate (4,605 peers)

Coverage in Georgia

UPS Pension Plan covers 157,587 participants in Georgia, 144x the typical Georgia plan (state average ~1,096 per filing). Assets: $9.3B.

#4,604
in Real Estate (4,605 peers)
-4.7%
assets change YoY
93×
vs typical plan assets (national mean)

The plan reported a net loss of $453M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

UPS Pension Plan's outsized position by total assets

UPS Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,280,234,765 Highest reported value at or above every one of 123,620 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 2024

UPS Pension Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. UPS Pension Plan is a mega filing (157,587 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • UPS Pension Plan reported net income fell from $165M in the plan year 2023 filing to -$453M in the plan year 2024 filing.
  • UPS Pension Plan end-of-year assets fell from $9.7B in the plan year 2023 filing to $9.3B in the plan year 2024 filing.
  • UPS Pension Plan reported participants rose from 153,217 in the plan year 2023 filing to 157,587 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 951732075 · United Parcel Service of America, Inc. PY 2024 · Defined Benefit (Pension)

UPS Pension Plan · $9.3B · 157,587 · 100th

  • VS-ST $9.3B
  • BOY 157,587
  • SCH 100th
  • EBSA Defined Benefit (Pension)
  • PART near Caterpillar Inc. Retirement Income Plan
  • TYPE ind #4604

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 Real Estate retirement plans → · Plans in Georgia →

UPS Pension Plan in the asset neighbourhood

UPS Pension Plan$9.3BCaterpillar Inc. Retirement Income PlanCaterpillar Inc. Retirement …$9.2BNew England Teamsters Pension FundNew England Teamsters Pensio…$9.1BGE Energy Pension Plan$8.9BSheet Metal Workers' National Pension FundSheet Metal Workers' Nationa…$8.9B
End-of-year total assets ($B) among UPS Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$9.7B
Net Assets (End of Year)$9.3B
Net Income-$453M
Employer EIN951732075
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All United Parcel Service of America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$64.0B 11.188741720300314% vs 2022
2024 filing year
$30B$40B$50B$60B$70B 202220232024 $57.6B $64B ▲ +11.2%
Year Plans Participants Total Assets
2022 5 861,423 $57.6B
2023 4 765,959 $40.0B
2024 5 748,428 $64.0B

Nearby Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

UPS Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 510152025 Total assets ($B) Participants UPS Pension Plan, Total assets ($B): 9.280234765 · Participants: 157587UPS Pension PlanUPS Retirement Plan, Total assets ($B): 21.2364871 · Participants: 43465UPS Retirement PlanThe Southern Company Pension Plan, Total assets ($B): 15.319238036 · Participants: 25843The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.219463258 · Participants: 69627UPS/Ibt Full-Time Employee Pension PlanDelta Retirement Plan, Total assets ($B): 7.253434311 · Participants: 15222Delta Retirement PlanCox Enterprises, Inc. Pension Plan, Total assets ($B): 7.133243224 · Participants: 22501Cox Enterprises, Inc. Pension Plan
UPS Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Scale composition for UPS Pension Plan

UPS Pension Plan reports $9.3B in end-of-year assets across 157,587 participants (0.075% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.17% of 93,925,755 covered participants) - about $58,890 per participant (43% of the national average assets-per-participant) . Net income for plan year 2024 was -$453M.

This plan identity (EIN 951732075, plan #022) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $9.6B to $9.3B (-3.0%) while covered participants moved from 151,682 to 157,587 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 151,682 $9.6B Open filing
2023 153,217 $9.7B Open filing
2024 · index core 157,587 $9.3B This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

UPS Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Caterpillar Inc. Retirement Income Plan in TX ($9.2B); by covered participants it is Kaiser Permanente Retirement Plan in CA (135,057 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (157,587 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did UPS Pension Plan assets move in 2024?
UPS Pension Plan edged down modestly - down 4.7% during 2024, from $9.7B to $9.3B. Reported net income was -$453M.
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 Pension Plan rank by assets among Form 5500 filers?
UPS Pension Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to UPS Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Caterpillar Inc. Retirement Income Plan in TX ($9.2B, 11,498 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to UPS Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kaiser Permanente Retirement Plan in CA (135,057 participants, $34.5B in assets).