Defined Benefit (Pension) · DOL Form 5500 · 2024

Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan Pension Plan

Data updated 2026-07-24

$2.0B
Total assets
4,790
Participants
99th
Percentile by assets
$417,408
Avg per participant
PlainRetire home → About this data

Official DOL plan name: United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan · Sponsored by Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan · Georgia · Transportation & Warehousing

$2.0B in assets, 4,790 participants

Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan's United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan reported $2.0B in total assets and 4,790 participants in its 2024 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in Georgia

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan covers 4,790 participants in Georgia, 4.3x the typical Georgia plan (state average ~1,126 per filing). Assets: $2.0B.

$2.0B
total plan assets (2024 EOY)
4,790
covered participants
99th
percentile by assets (of 116,472 plans)
$417,408
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan end-of-year assets rose from $1.8B in the plan year 2023 filing to $2.0B in the plan year 2024 filing.
  • United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan reported net income fell from $206M in the plan year 2023 filing to $197M in the plan year 2024 filing.
  • United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan reported participants fell from 4,960 in the plan year 2023 filing to 4,790 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Georgia filers

In Georgia, the average filing covers about 1,126 participants across 3,470 plans. United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan reports 4,790 participants - 4.3x that state average ($2.0B EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$2.0B
Net Income$197M
Employer EIN131426500
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.6B $2B ▲ +25.0%
Total plan assets by year, all Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan plans on file
Year Plans Participants Total Assets
2022 1 4,855 $1.6B
2023 1 4,960 $1.8B
2024 1 4,790 $2.0B

Nearby Defined Benefit (Pension) Plans in Georgia

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

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 0510152025 Total assets ($B) Participants United Parcel Servic…UPS Retirement PlanThe Southern Company…UPS/Ibt Full-Time Em…UPS Pension PlanDelta Retirement Plan
United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan assets move in 2024?
United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan grew at a solid clip - up 10.9% during 2024, from $1.8B to $2.0B. Reported net income was $197M.
How have Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan's sponsor-wide assets grew 25.2%, from $1.6B to $2.0B.
Where does United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan rank by assets among Form 5500 filers?
United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan ranks in the 99th percentile by end-of-year assets among 116,472 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 United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cleveland-Cliffs Steel LLC Pension Plan in IL ($2.0B, 853 participants).

Next read for United Parcel Service, Inc. Local 177, I…

Filing takeaways

Ways to act on United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan's numbers.

  • By total assets, United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Georgia. Compare plans
  • Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan's sponsor-wide assets have grown 25.2% since 2022 across 3 plan years on file. More Transportation & Warehousing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131426500.

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