Money Purchase · DOL Form 5500 · 2024

Bd. of Trustees,UPS Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund Money Purchase Plan

Data updated 2026-08-06

$64M
Total assets
1,175
Participants
87th
Percentile by assets
$54,693
Avg per participant
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Official DOL plan name: United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund · Sponsored by Bd. of Trustees,UPS Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund · New Jersey · Transportation & Warehousing

$64M in assets, 1,175 participants

Bd. of Trustees,UPS Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund's United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund reported $64M in total assets and 1,175 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 116,472 plans)
  • #2,673 in Transportation & Warehousing (3,127 peers)

Where United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund sits by assets

United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund sits in the top quartile of all filed plans by assets, $64M for 1,175 participants (~$54,693/participant), up 9.0% in 2024.

$64M
total plan assets (2024 EOY)
1,175
covered participants
87th
percentile by assets (of 116,472 plans)
$54,693
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund end-of-year assets rose from $59M in the plan year 2023 filing to $64M in the plan year 2024 filing.

See the national 2023→2024 release diff →

United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund vs the 2024 asset distribution

By assets, United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund outranks 87% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$64M
Net Income$5M
Employer EIN133031882
Plan Effective Date1979-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd. of Trustees,UPS Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund)

$50M$55M$60M$65M$70M 202220232024 $53.8M $64.3M â–˛ +19.6%
Total plan assets by year, all Bd. of Trustees,UPS Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 1,192 $54M
2023 1 1,180 $59M
2024 1 1,175 $64M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -10123 Total assets ($B) Participants United Parcel Servic…Princeton University…Nysa-Ila Money Purch…Educational Testing …Local Union 400 IBEW…Kpmg Personal Accoun…
United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund assets move in 2024?
United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund grew at a solid clip - up 9.0% during 2024, from $59M to $64M. Reported net income was $5M.
How have Bd. of Trustees,UPS Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd. of Trustees,UPS Inc.-Machinists Lodge 447 (Iamaw) Annuity Fund's sponsor-wide assets grew 19.6%, from $54M to $64M.
Where does United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund rank by assets among Form 5500 filers?
United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund ranks in the 87th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to United Parcel Service, Inc. - Machinists Lodge 447 (Iamaw) Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is National Democratic Institute for International Affairs Money Purchase Pension Plan in DC ($64M, 309 participants).

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Scale reading

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