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
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.
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 EIN | 131426500 |
| Plan Effective Date | 1984-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan)
| 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
- UPS Retirement Plan $21.2B · 43,465
- The Southern Company Pension Plan $15.3B · 25,843
- UPS/Ibt Full-Time Employee Pension Plan $12.2B · 69,627
- UPS Pension Plan $9.3B · 157,587
- Delta Retirement Plan $7.3B · 15,222
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.
- Cleveland-Cliffs Steel LLC Pension Plan (IL) $2.0B · 853
- Cargill, Inc. and Associated Companies Salaried Employees Pension Plan (MN) $2.0B · 3,346
- Twin City Carpenters and Joiners Pension Fund (MN) $2.0B · 6,440
- Monsanto Company Pension Plan (MO) $2.0B · 4,257
Frequently Asked Questions
How did United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan assets move in 2024? ▼
How have Bd of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan plan assets changed over time? ▼
Where does United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan? ▼
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.
Read our methodology - how this data is sourced, computed, and verified.