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UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 401k Plan overview

Plan NameUPS/IBT FULL-TIME EMPLOYEE PENSION PLAN
Plan identification number 001

UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

BOARD OF TRUSTEES OF THE UPS/IBT FULL-TIME PENSION PLAN has sponsored the creation of one or more 401k plans.

Company Name:BOARD OF TRUSTEES OF THE UPS/IBT FULL-TIME PENSION PLAN
Employer identification number (EIN):266150755
NAIC Classification:484200
NAIC Description: Specialized Freight Trucking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01QUANTIS HALL2023-10-05 CHRIS LANGAN2023-10-06
0012021-01-01JARETT HINSON2022-10-17
0012020-01-01JARETT HINSON2021-10-14 DON LANCASTER2021-10-14
0012019-01-01JARETT HINSON2020-10-13 DON LANCASTER2020-10-13
0012019-01-01CHRIS LANGAN2021-10-05 DON LANCASTER2021-10-05
0012018-01-01CHRIS LANGAN2019-10-14 DON LANCASTER2019-10-14
0012017-01-01DAN DISMUKES
0012017-01-01B.J. DORFMAN
0012016-01-01JOSEPH DOOLE
0012015-01-01DAN DISMUKES
0012014-01-01DAN DISMUKES
0012013-01-01DAN DISMUKES
0012012-01-01DAN DISMUKES
0012011-01-01DAN DISMUKES
0012009-01-01CHRIS LANGAN

Plan Statistics for UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN

401k plan membership statisitcs for UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN

Measure Date Value
2022: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-3114,983,474,745
Acturial value of plan assets2022-12-3114,983,474,745
Funding target for retired participants and beneficiaries receiving payment2022-12-313,037,432,172
Number of terminated vested participants2022-12-3110,227
Fundng target for terminated vested participants2022-12-31409,114,078
Active participant vested funding target2022-12-316,267,914,984
Number of active participants2022-12-3168,763
Total funding liabilities for active participants2022-12-316,770,900,816
Total participant count2022-12-3198,164
Total funding target for all participants2022-12-3110,217,447,066
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-312,856,106,418
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-312,856,106,418
Present value of excess contributions2022-12-31873,502,949
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31923,729,369
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-31923,729,369
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-314,154,842,560
Total employer contributions2022-12-31620,000,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31580,714,528
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31571,547,544
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-31580,714,528
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-0197,911
Total number of active participants reported on line 7a of the Form 55002022-01-0169,748
Number of retired or separated participants receiving benefits2022-01-0119,089
Number of other retired or separated participants entitled to future benefits2022-01-0110,581
Total of all active and inactive participants2022-01-0199,418
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011,524
Total participants2022-01-01100,942
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011,551
2021: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-3112,811,829,440
Acturial value of plan assets2021-12-3112,811,829,440
Funding target for retired participants and beneficiaries receiving payment2021-12-312,639,725,180
Number of terminated vested participants2021-12-319,930
Fundng target for terminated vested participants2021-12-31375,585,554
Active participant vested funding target2021-12-315,766,387,745
Number of active participants2021-12-3164,667
Total funding liabilities for active participants2021-12-316,229,194,292
Total participant count2021-12-3192,419
Total funding target for all participants2021-12-319,244,505,026
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-313,270,238,319
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-31692,524,945
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-312,577,713,374
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-312,856,106,418
Total employer contributions2021-12-31960,000,000
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31873,502,949
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31531,016,768
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31873,502,949
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-0191,816
Total number of active participants reported on line 7a of the Form 55002021-01-0168,592
Number of retired or separated participants receiving benefits2021-01-0117,756
Number of other retired or separated participants entitled to future benefits2021-01-0110,241
Total of all active and inactive participants2021-01-0196,589
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011,322
Total participants2021-01-0197,911
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-011,372
2020: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-3111,985,232,837
Acturial value of plan assets2020-12-3111,985,232,837
Funding target for retired participants and beneficiaries receiving payment2020-12-313,162,222,883
Number of terminated vested participants2020-12-319,725
Fundng target for terminated vested participants2020-12-31375,156,400
Active participant vested funding target2020-12-316,129,610,116
Number of active participants2020-12-3160,835
Total funding liabilities for active participants2020-12-316,577,908,455
Total participant count2020-12-3186,607
Total funding target for all participants2020-12-3110,115,287,738
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-312,361,331,216
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-31175,393,120
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-312,185,938,096
Present value of excess contributions2020-12-31646,705,196
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31703,946,994
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31703,946,994
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-313,270,238,319
Total employer contributions2020-12-310
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31553,671,562
Net shortfall amortization installment of oustanding balance2020-12-311,400,293,220
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31692,524,945
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-31692,524,945
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-0186,864
Total number of active participants reported on line 7a of the Form 55002020-01-0164,270
Number of retired or separated participants receiving benefits2020-01-0116,470
Number of other retired or separated participants entitled to future benefits2020-01-019,921
Total of all active and inactive participants2020-01-0190,661
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011,155
Total participants2020-01-0191,816
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01754
2019: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-319,563,701,713
Acturial value of plan assets2019-12-319,563,701,713
Funding target for retired participants and beneficiaries receiving payment2019-12-312,832,924,794
Number of terminated vested participants2019-12-319,718
Fundng target for terminated vested participants2019-12-31359,087,851
Active participant vested funding target2019-12-315,357,422,399
Number of active participants2019-12-3156,612
Total funding liabilities for active participants2019-12-315,810,507,917
Total participant count2019-12-3181,685
Total funding target for all participants2019-12-319,002,520,562
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-312,065,762,917
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-312,065,762,917
Present value of excess contributions2019-12-31831,543,432
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31880,022,414
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-31359,813,526
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-312,361,331,216
Total employer contributions2019-12-31695,000,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31632,994,544
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31515,885,326
Net shortfall amortization installment of oustanding balance2019-12-311,800,150,065
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31808,387,664
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31175,393,120
Additional cash requirement2019-12-31632,994,544
Contributions allocatedtoward minimum required contributions for current year2019-12-31632,994,544
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0181,304
Total number of active participants reported on line 7a of the Form 55002019-01-0160,741
Number of retired or separated participants receiving benefits2019-01-0114,727
Number of other retired or separated participants entitled to future benefits2019-01-019,813
Total of all active and inactive participants2019-01-0185,281
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011,060
Total participants2019-01-0186,341
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-01534
2018: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-319,017,970,840
Acturial value of plan assets2018-12-319,017,970,840
Funding target for retired participants and beneficiaries receiving payment2018-12-311,768,389,414
Number of terminated vested participants2018-12-319,578
Fundng target for terminated vested participants2018-12-31303,884,302
Active participant vested funding target2018-12-314,226,347,256
Number of active participants2018-12-3153,976
Total funding liabilities for active participants2018-12-314,654,105,959
Total participant count2018-12-3177,227
Total funding target for all participants2018-12-316,726,379,675
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-311,021,200,533
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-31355,000,000
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31666,200,533
Present value of excess contributions2018-12-311,201,451,035
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-311,303,562,887
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-311,303,562,887
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-312,065,762,917
Total employer contributions2018-12-311,170,000,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-311,062,888,294
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31457,173,110
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31231,344,862
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31231,344,862
Contributions allocatedtoward minimum required contributions for current year2018-12-311,062,888,294
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-0177,017
Total number of active participants reported on line 7a of the Form 55002018-01-0156,396
Number of retired or separated participants receiving benefits2018-01-0114,029
Number of other retired or separated participants entitled to future benefits2018-01-019,900
Total of all active and inactive participants2018-01-0180,325
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01979
Total participants2018-01-0181,304
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-01483
2017: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-316,944,976,030
Acturial value of plan assets2017-12-316,944,976,030
Funding target for retired participants and beneficiaries receiving payment2017-12-311,326,247,447
Number of terminated vested participants2017-12-319,494
Fundng target for terminated vested participants2017-12-31277,758,114
Active participant vested funding target2017-12-313,923,979,868
Number of active participants2017-12-3152,403
Total funding liabilities for active participants2017-12-314,319,769,936
Total participant count2017-12-3173,438
Total funding target for all participants2017-12-315,923,775,497
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-311,112,845,631
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-31300,000,000
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31812,845,631
Present value of excess contributions2017-12-31768,146,029
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31815,034,268
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-31159,828,018
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-311,021,200,533
Total employer contributions2017-12-311,350,000,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-311,275,828,292
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31429,377,257
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31429,377,257
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-31355,000,000
Additional cash requirement2017-12-3174,377,257
Contributions allocatedtoward minimum required contributions for current year2017-12-311,275,828,292
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-0173,860
Total number of active participants reported on line 7a of the Form 55002017-01-0153,897
Number of retired or separated participants receiving benefits2017-01-0112,535
Number of other retired or separated participants entitled to future benefits2017-01-019,720
Total of all active and inactive participants2017-01-0176,152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-01865
Total participants2017-01-0177,017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01433
2016: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-315,809,041,217
Acturial value of plan assets2016-12-315,809,041,217
Funding target for retired participants and beneficiaries receiving payment2016-12-311,236,229,315
Number of terminated vested participants2016-12-319,494
Fundng target for terminated vested participants2016-12-31263,939,980
Active participant vested funding target2016-12-313,414,409,441
Number of active participants2016-12-3150,533
Total funding liabilities for active participants2016-12-313,785,753,366
Total participant count2016-12-3170,486
Total funding target for all participants2016-12-315,285,922,661
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31509,621,992
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31509,621,992
Present value of excess contributions2016-12-31566,865,237
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31602,917,866
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31602,917,866
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-311,112,845,631
Total employer contributions2016-12-311,032,000,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31967,099,911
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31398,926,455
Net shortfall amortization installment of oustanding balance2016-12-31589,727,075
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31498,953,882
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-31300,000,000
Additional cash requirement2016-12-31198,953,882
Contributions allocatedtoward minimum required contributions for current year2016-12-31967,099,911
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-0170,973
Total number of active participants reported on line 7a of the Form 55002016-01-0152,509
Number of retired or separated participants receiving benefits2016-01-0110,619
Number of other retired or separated participants entitled to future benefits2016-01-019,971
Total of all active and inactive participants2016-01-0173,099
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-01761
Total participants2016-01-0173,860
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01384
2015: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0168,500
Total number of active participants reported on line 7a of the Form 55002015-01-0150,603
Number of retired or separated participants receiving benefits2015-01-019,637
Number of other retired or separated participants entitled to future benefits2015-01-019,951
Total of all active and inactive participants2015-01-0170,191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-01640
Total participants2015-01-0170,831
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-01261
2014: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0163,976
Total number of active participants reported on line 7a of the Form 55002014-01-0149,374
Number of retired or separated participants receiving benefits2014-01-018,396
Number of other retired or separated participants entitled to future benefits2014-01-019,876
Total of all active and inactive participants2014-01-0167,646
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-01543
Total participants2014-01-0168,189
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-01164
2013: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0161,074
Total number of active participants reported on line 7a of the Form 55002013-01-0146,797
Number of retired or separated participants receiving benefits2013-01-017,047
Number of other retired or separated participants entitled to future benefits2013-01-019,498
Total of all active and inactive participants2013-01-0163,342
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-01459
Total participants2013-01-0163,801
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0196
2012: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0159,464
Total number of active participants reported on line 7a of the Form 55002012-01-0145,179
Number of retired or separated participants receiving benefits2012-01-015,959
Number of other retired or separated participants entitled to future benefits2012-01-019,317
Total of all active and inactive participants2012-01-0160,455
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-01348
Total participants2012-01-0160,803
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0178
2011: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0159,053
Total number of active participants reported on line 7a of the Form 55002011-01-0145,661
Number of retired or separated participants receiving benefits2011-01-014,835
Number of other retired or separated participants entitled to future benefits2011-01-018,632
Total of all active and inactive participants2011-01-0159,128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-01225
Total participants2011-01-0159,353
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0196
2009: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-010
Total number of active participants reported on line 7a of the Form 55002009-01-0148,058
Number of retired or separated participants receiving benefits2009-01-012,478
Number of other retired or separated participants entitled to future benefits2009-01-018,911
Total of all active and inactive participants2009-01-0159,447
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-01364
Total participants2009-01-0159,811

Financial Data on UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN

Measure Date Value
2022 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-2,748,850,562
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$417,776,304
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$416,543,173
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$620,000,000
Value of total assets at end of year2022-12-31$11,867,504,693
Value of total assets at beginning of year2022-12-31$15,034,131,559
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$1,233,131
Total interest from all sources2022-12-31$2,720
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$677
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$1
Administrative expenses (other) incurred2022-12-31$1,233,131
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,166,626,866
Value of net assets at end of year (total assets less liabilities)2022-12-31$11,867,504,693
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$15,034,131,559
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in master investment trust accounts at end of year2022-12-31$11,247,296,829
Value of interest in master investment trust accounts at beginning of year2022-12-31$14,074,028,506
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$207,187
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$103,052
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$103,052
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$2,720
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$620,000,000
Employer contributions (assets) at end of year2022-12-31$620,000,000
Employer contributions (assets) at beginning of year2022-12-31$960,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$416,543,173
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31DELOITTE AND TOUCHE, LLP
Accountancy firm EIN2022-12-31133891517
2021 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$2,565,863,010
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$381,631,360
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$380,701,097
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$960,000,000
Value of total assets at end of year2021-12-31$15,034,131,559
Value of total assets at beginning of year2021-12-31$12,849,899,909
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$930,263
Total interest from all sources2021-12-31$26
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$1
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$2
Administrative expenses (other) incurred2021-12-31$930,263
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,184,231,650
Value of net assets at end of year (total assets less liabilities)2021-12-31$15,034,131,559
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$12,849,899,909
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in master investment trust accounts at end of year2021-12-31$14,074,028,506
Value of interest in master investment trust accounts at beginning of year2021-12-31$12,849,772,438
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$103,052
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$127,469
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$127,469
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$26
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$960,000,000
Employer contributions (assets) at end of year2021-12-31$960,000,000
Employer contributions (assets) at beginning of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$380,701,097
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31DELOITTE AND TOUCHE, LLP
Accountancy firm EIN2021-12-31133891517
2020 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$1,756,881,857
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$388,925,990
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$340,499,136
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$580,000,000
Value of total assets at end of year2020-12-31$12,849,899,909
Value of total assets at beginning of year2020-12-31$11,481,944,042
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$48,426,854
Total interest from all sources2020-12-31$79,147
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$2
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$86,678
Administrative expenses (other) incurred2020-12-31$48,426,854
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,367,955,867
Value of net assets at end of year (total assets less liabilities)2020-12-31$12,849,899,909
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$11,481,944,042
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in master investment trust accounts at end of year2020-12-31$12,849,772,438
Value of interest in master investment trust accounts at beginning of year2020-12-31$10,718,814,836
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$127,469
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$68,042,528
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$68,042,528
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$79,147
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$580,000,000
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$695,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$340,499,136
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31DELOITTE AND TOUCHE, LLP
Accountancy firm EIN2020-12-31133891517
2019 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$2,211,787,097
Total income from all sources (including contributions)2019-12-31$2,211,787,097
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$336,065,854
Total of all expenses incurred2019-12-31$336,065,854
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$306,979,825
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$306,979,825
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$695,000,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$695,000,000
Value of total assets at end of year2019-12-31$11,481,944,042
Value of total assets at end of year2019-12-31$11,481,944,042
Value of total assets at beginning of year2019-12-31$9,606,222,799
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$29,086,029
Total interest from all sources2019-12-31$3,043,163
Total interest from all sources2019-12-31$3,043,163
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$86,678
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$738
Administrative expenses (other) incurred2019-12-31$29,086,029
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,875,721,243
Value of net income/loss2019-12-31$1,875,721,243
Value of net assets at end of year (total assets less liabilities)2019-12-31$11,481,944,042
Value of net assets at end of year (total assets less liabilities)2019-12-31$11,481,944,042
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$9,606,222,799
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in master investment trust accounts at end of year2019-12-31$10,718,814,836
Value of interest in master investment trust accounts at beginning of year2019-12-31$8,435,872,798
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$68,042,528
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$349,263
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$349,263
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$3,043,163
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$3,043,163
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$695,000,000
Contributions received in cash from employer2019-12-31$695,000,000
Employer contributions (assets) at end of year2019-12-31$695,000,000
Employer contributions (assets) at beginning of year2019-12-31$1,170,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$306,979,825
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$306,979,825
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31DELOITTE AND TOUCHE, LLP
Accountancy firm name2019-12-31DELOITTE AND TOUCHE, LLP
Accountancy firm EIN2019-12-31133891517
Accountancy firm EIN2019-12-31133891517
2018 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$871,014,417
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$297,121,766
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$290,696,779
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,170,000,000
Value of total assets at end of year2018-12-31$9,606,222,799
Value of total assets at beginning of year2018-12-31$9,032,330,148
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$6,424,987
Total interest from all sources2018-12-31$9,549
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$738
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Administrative expenses (other) incurred2018-12-31$6,424,987
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$573,892,651
Value of net assets at end of year (total assets less liabilities)2018-12-31$9,606,222,799
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$9,032,330,148
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in master investment trust accounts at end of year2018-12-31$8,435,872,798
Value of interest in master investment trust accounts at beginning of year2018-12-31$7,681,578,147
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$349,263
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$1,350,752,001
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$1,350,752,001
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$9,549
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,170,000,000
Employer contributions (assets) at end of year2018-12-31$1,170,000,000
Employer contributions (assets) at beginning of year2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$290,696,779
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31DELOITTE AND TOUCHE, LLC
Accountancy firm EIN2018-12-31133891517
2017 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,768,929,472
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$252,707,626
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$246,856,837
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,800,000,000
Value of total assets at end of year2017-12-31$9,032,330,148
Value of total assets at beginning of year2017-12-31$6,516,108,302
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$5,850,789
Total interest from all sources2017-12-31$607,709
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Administrative expenses professional fees incurred2017-12-31$8,145
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Administrative expenses (other) incurred2017-12-31$5,842,644
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,516,221,846
Value of net assets at end of year (total assets less liabilities)2017-12-31$9,032,330,148
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$6,516,108,302
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$28,300
Value of interest in master investment trust accounts at end of year2017-12-31$7,681,578,147
Value of interest in master investment trust accounts at beginning of year2017-12-31$6,284,079,993
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$1,350,752,001
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$9
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$9
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$607,709
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,800,000,000
Employer contributions (assets) at end of year2017-12-31$0
Employer contributions (assets) at beginning of year2017-12-31$232,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$246,856,837
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31DELOITTE AND TOUCHE, LLC
Accountancy firm EIN2017-12-31133891517
2016 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$917,004,159
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$227,404,628
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$212,584,754
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$582,000,000
Value of total assets at end of year2016-12-31$6,516,108,302
Value of total assets at beginning of year2016-12-31$5,826,508,771
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$14,819,874
Total interest from all sources2016-12-31$474
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Administrative expenses professional fees incurred2016-12-31$6,283
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Administrative expenses (other) incurred2016-12-31$14,813,591
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$689,599,531
Value of net assets at end of year (total assets less liabilities)2016-12-31$6,516,108,302
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$5,826,508,771
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$28,300
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$101,659
Value of interest in master investment trust accounts at end of year2016-12-31$6,284,079,993
Value of interest in master investment trust accounts at beginning of year2016-12-31$5,424,407,108
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$9
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$4
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$4
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$474
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$582,000,000
Employer contributions (assets) at end of year2016-12-31$232,000,000
Employer contributions (assets) at beginning of year2016-12-31$402,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$212,584,754
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31DELOITTE AND TOUCHE, LLC
Accountancy firm EIN2016-12-31133891517
2015 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$1,034,219,938
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$210,483,525
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$196,104,585
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,035,000,000
Value of total assets at end of year2015-12-31$5,826,508,771
Value of total assets at beginning of year2015-12-31$5,002,772,358
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$14,378,940
Total interest from all sources2015-12-31$121
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$9,420
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Assets. Other investments not covered elsewhere at end of year2015-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$89
Administrative expenses (other) incurred2015-12-31$14,369,520
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$823,736,413
Value of net assets at end of year (total assets less liabilities)2015-12-31$5,826,508,771
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$5,002,772,358
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$101,659
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$350,613
Value of interest in master investment trust accounts at end of year2015-12-31$5,424,407,108
Value of interest in master investment trust accounts at beginning of year2015-12-31$5,002,421,653
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$4
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$3
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$3
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$121
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$1,035,000,000
Employer contributions (assets) at end of year2015-12-31$402,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$196,104,585
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31DELOITTE AND TOUCHE, LLC
Accountancy firm EIN2015-12-31133891517
2014 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,074,824,675
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$180,160,497
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$169,215,957
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$650,000,000
Value of total assets at end of year2014-12-31$5,002,772,358
Value of total assets at beginning of year2014-12-31$4,108,108,180
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$10,944,540
Total interest from all sources2014-12-31$59
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$5,184
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Assets. Other investments not covered elsewhere at end of year2014-12-31$89
Administrative expenses (other) incurred2014-12-31$10,939,356
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$894,664,178
Value of net assets at end of year (total assets less liabilities)2014-12-31$5,002,772,358
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,108,108,180
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$350,613
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$436,919
Value of interest in master investment trust accounts at end of year2014-12-31$5,002,421,653
Value of interest in master investment trust accounts at beginning of year2014-12-31$4,107,671,257
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$3
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$4
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$4
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$59
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$650,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$169,215,957
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31DELOITTE AND TOUCHE, LLC
Accountancy firm EIN2014-12-31133891517
2013 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$293,676,249
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$148,072,385
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$144,669,726
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$0
Value of total assets at end of year2013-12-31$4,108,108,180
Value of total assets at beginning of year2013-12-31$3,962,504,316
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$3,402,659
Total interest from all sources2013-12-31$107
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$48,548
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Administrative expenses (other) incurred2013-12-31$3,354,111
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$145,603,864
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,108,108,180
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,962,504,316
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$436,919
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$986,508
Value of interest in master investment trust accounts at end of year2013-12-31$4,107,671,257
Value of interest in master investment trust accounts at beginning of year2013-12-31$3,961,517,799
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$4
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$9
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$9
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$107
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$144,669,726
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31DELOITTE AND TOUCHE,LLC
Accountancy firm EIN2013-12-31133891517
2012 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$765,984,166
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$125,352,177
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$122,685,014
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$352,000,000
Value of total assets at end of year2012-12-31$3,962,504,316
Value of total assets at beginning of year2012-12-31$3,321,872,327
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,667,163
Total interest from all sources2012-12-31$432
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$12,855
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Administrative expenses (other) incurred2012-12-31$2,654,308
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$640,631,989
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,962,504,316
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,321,872,327
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$986,508
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,281,481
Value of interest in master investment trust accounts at end of year2012-12-31$3,961,517,799
Value of interest in master investment trust accounts at beginning of year2012-12-31$3,317,190,835
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$9
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$11
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$11
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$432
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$352,000,000
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$3,400,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$122,685,014
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31DELOITTE AND TOUCHE, LLC
Accountancy firm EIN2012-12-31133891517
2011 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$985,120,493
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$106,646,671
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$98,454,151
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$703,400,000
Value of total assets at end of year2011-12-31$3,321,872,327
Value of total assets at beginning of year2011-12-31$2,443,398,505
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$8,192,520
Total interest from all sources2011-12-31$129
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$5,770
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$10,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Administrative expenses (other) incurred2011-12-31$8,186,750
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$878,473,822
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,321,872,327
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$2,443,398,505
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,281,481
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,125,879
Value of interest in master investment trust accounts at end of year2011-12-31$3,317,190,835
Value of interest in master investment trust accounts at beginning of year2011-12-31$1,942,272,626
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$11
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$129
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$703,400,000
Employer contributions (assets) at end of year2011-12-31$3,400,000
Employer contributions (assets) at beginning of year2011-12-31$500,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$98,454,151
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31DELOITTE AND TOUCHE, LLC
Accountancy firm EIN2011-12-31133891517
2010 : UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,080,496,613
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$82,015,843
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$72,179,151
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$865,400,137
Value of total assets at end of year2010-12-31$2,443,398,505
Value of total assets at beginning of year2010-12-31$1,444,917,735
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$9,836,692
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$31,622
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$402
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$1,480
Administrative expenses (other) incurred2010-12-31$9,636,259
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$998,480,770
Value of net assets at end of year (total assets less liabilities)2010-12-31$2,443,398,505
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,444,917,735
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$168,811
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$1,125,879
Value of interest in master investment trust accounts at end of year2010-12-31$1,942,272,626
Value of interest in common/collective trusts at beginning of year2010-12-31$830,116,255
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$865,399,735
Employer contributions (assets) at end of year2010-12-31$500,000,000
Employer contributions (assets) at beginning of year2010-12-31$614,800,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$72,179,151
Contract administrator fees2010-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31DELOITTE AND TOUCHE, LLP
Accountancy firm EIN2010-12-31133891517

Form 5500 Responses for UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN

2022: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: UPS/IBT FULL-TIME EMPLOYEE PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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