Defined Benefit (Pension) · DOL Form 5500 · 2024

United Parcel Service of America, Inc. Pension Plan

Data updated 2026-08-25

$21.2B
Total assets Mega-plan scale
43,465
Participants Very large workforce
100th
Percentile by assets National rank
$488,588
Avg per participant High balance/head
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Official DOL plan name: UPS Retirement Plan · Sponsored by United Parcel Service of America, Inc. · Georgia · Real Estate

$21.2B in assets, 43,465 participants

United Parcel Service of America, Inc.'s UPS Retirement Plan reported $21.2B in total assets and 43,465 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.

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

Coverage in Georgia

UPS Retirement Plan covers 43,465 participants in Georgia, 40x the typical Georgia plan (state average ~1,096 per filing). Assets: $21.2B.

#4,605
in Real Estate (4,605 peers)
-6.6%
assets change YoY
213×
vs typical plan assets (national mean)

The plan reported a net loss of $1.5B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

UPS Retirement Plan's outsized position by total assets

UPS Retirement Plan vs every filed plan by assets

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

$21,236,487,100 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 Retirement 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 Retirement Plan is a mega filing (43,465 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2024

  • UPS Retirement Plan reported net income rose from -$8.1B in the plan year 2022 filing to -$1.5B in the plan year 2024 filing.
  • UPS Retirement Plan reported participants fell from 52,821 in the plan year 2022 filing to 43,465 in the plan year 2024 filing.
  • UPS Retirement Plan end-of-year assets fell from $22.0B in the plan year 2022 filing to $21.2B in the plan year 2024 filing.

See the national 2022→2024 release diff →

Form 5500 schedule snapshot

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

UPS Retirement Plan · $21.2B · 43,465 · 100th

  • ASSETS $21.2B
  • PCT 43,465
  • EIN 100th
  • RANK Defined Benefit (Pension)
  • PHOTO near Retirement Plan of Johnson and Johnson
  • IND ind #4605

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 Retirement Plan in the asset neighbourhood

The Pension Value Plan for Employees of the Boeing CompanyThe Pension Value Plan for E…$23.3BUPS Retirement Plan$21.2BRetirement Plan of Johnson and JohnsonRetirement Plan of Johnson a…$21.1BNational Electrical Benefit FundNational Electrical Benefit …$20.4BThe Bank of America Pension PlanThe Bank of America Pension …$19.0B
End-of-year total assets ($B) among UPS Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$22.7B
Net Assets (End of Year)$21.2B
Net Income-$1.5B
Employer EIN951732075
Plan Effective Date1961-09-01
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 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 510152025 Total assets ($B) Participants UPS Retirement Plan, Total assets ($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 PlanUPS Pension Plan, Total assets ($B): 9.280234765 · Participants: 157587UPS Pension PlanDelta Retirement Plan, Total assets ($B): 7.253434311 · Participants: 15222Delta Retirement PlanCox Enterprises, Inc. Pension Plan, Total assets ($B): 7.133243224 · Participants: 22501Cox Enterprises, Inc. Pension Plan
UPS Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Scale composition for UPS Retirement Plan

UPS Retirement Plan reports $21.2B in end-of-year assets across 43,465 participants (0.17% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.046% of 93,925,755 covered participants) - about $488,588 per participant (3.5x the national average assets-per-participant) . Net income for plan year 2024 was -$1.5B.

This plan identity (EIN 951732075, plan #001) has 2 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $22.0B to $21.2B (-3.6%) while covered participants moved from 52,821 to 43,465 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 52,821 $22.0B Open filing
2024 · index core 43,465 $21.2B This page

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

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

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Retirement Plan of Johnson and Johnson in NJ ($21.1B); by covered participants it is Ufcw No. California Employers Joint Pension Plan in CA (43,053 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (43,465 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 Retirement Plan assets move in 2024?
UPS Retirement Plan pulled back noticeably - down 6.6% during 2024, from $22.7B to $21.2B. Reported net income was -$1.5B.
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 Retirement Plan rank by assets among Form 5500 filers?
UPS Retirement 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 Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of Johnson and Johnson in NJ ($21.1B, 37,882 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to UPS Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw No. California Employers Joint Pension Plan in CA (43,053 participants, $2.9B in assets).