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UPS THRIFT PLAN 401k Plan overview

Plan NameUPS THRIFT PLAN
Plan identification number 002

UPS THRIFT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

401k Sponsoring company profile

BOARD OF TRUSTEES OF THE TEAMSTERS - UPS 401K NATIONAL SAVINGS PLAN has sponsored the creation of one or more 401k plans.

Company Name:BOARD OF TRUSTEES OF THE TEAMSTERS - UPS 401K NATIONAL SAVINGS PLAN
Employer identification number (EIN):951732075
NAIC Classification:484200
NAIC Description: Specialized Freight Trucking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UPS THRIFT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01DONALD LANCASTER2023-10-12 DONALD LANCASTER2023-10-12
0022021-01-01DONALD LANCASTER2022-10-10
0022020-01-01DON LANCASTER2021-10-14
0022019-01-01DON LANCASTER2020-10-14
0022018-01-01DON LANCASTER2019-10-12
0022017-01-01B.J. DORFMAN
0022016-01-01JOSEPH DOOLE
0022015-01-01DAN DISMUKES
0022014-01-01DAN DISMUKES
0022013-01-01DAN DISMUKES
0022012-01-01DAN DISMUKES
0022011-01-01DAN DISMUKES
0022009-01-01JOHN SAUNDERS

Plan Statistics for UPS THRIFT PLAN

401k plan membership statisitcs for UPS THRIFT PLAN

Measure Date Value
2022: UPS THRIFT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-010
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: UPS THRIFT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-010
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Number of participants with account balances2021-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: UPS THRIFT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-010
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: UPS THRIFT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-010
Total number of active participants reported on line 7a of the Form 55002019-01-010
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-010
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: UPS THRIFT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-010
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: UPS THRIFT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-010
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: UPS THRIFT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-010
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: UPS THRIFT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-010
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: UPS THRIFT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-010
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: UPS THRIFT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-010
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: UPS THRIFT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-010
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: UPS THRIFT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-010
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-010
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: UPS THRIFT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-010
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-010
Number of participants with account balances2009-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on UPS THRIFT PLAN

Measure Date Value
2022 : UPS THRIFT PLAN 2022 401k financial data
Total income from all sources2022-12-31$9,936
Expenses. Total of all expenses incurred2022-12-31$128
Total plan assets at end of year2022-12-31$624,476
Total plan assets at beginning of year2022-12-31$614,668
Expenses. Other expenses not covered elsewhere2022-12-31$128
Other income received2022-12-31$9,936
Net income (gross income less expenses)2022-12-31$9,808
Net plan assets at end of year (total assets less liabilities)2022-12-31$624,476
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$614,668
2021 : UPS THRIFT PLAN 2021 401k financial data
Total income from all sources2021-12-31$65
Expenses. Total of all expenses incurred2021-12-31$605
Total plan assets at end of year2021-12-31$614,668
Total plan assets at beginning of year2021-12-31$615,208
Expenses. Other expenses not covered elsewhere2021-12-31$605
Other income received2021-12-31$65
Net income (gross income less expenses)2021-12-31$-540
Net plan assets at end of year (total assets less liabilities)2021-12-31$614,668
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$615,208
2020 : UPS THRIFT PLAN 2020 401k financial data
Total income from all sources2020-12-31$3,005
Expenses. Total of all expenses incurred2020-12-31$344
Total plan assets at end of year2020-12-31$615,208
Total plan assets at beginning of year2020-12-31$612,547
Expenses. Other expenses not covered elsewhere2020-12-31$344
Other income received2020-12-31$3,005
Net income (gross income less expenses)2020-12-31$2,661
Net plan assets at end of year (total assets less liabilities)2020-12-31$615,208
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$612,547
2019 : UPS THRIFT PLAN 2019 401k financial data
Total income from all sources2019-12-31$13,645
Expenses. Total of all expenses incurred2019-12-31$384
Total plan assets at end of year2019-12-31$612,547
Total plan assets at beginning of year2019-12-31$599,286
Expenses. Other expenses not covered elsewhere2019-12-31$384
Other income received2019-12-31$13,645
Net income (gross income less expenses)2019-12-31$13,261
Net plan assets at end of year (total assets less liabilities)2019-12-31$612,547
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$599,286
2018 : UPS THRIFT PLAN 2018 401k financial data
Total income from all sources2018-12-31$11,658
Expenses. Total of all expenses incurred2018-12-31$561
Total plan assets at end of year2018-12-31$599,286
Total plan assets at beginning of year2018-12-31$588,189
Expenses. Other expenses not covered elsewhere2018-12-31$561
Other income received2018-12-31$11,658
Net income (gross income less expenses)2018-12-31$11,097
Net plan assets at end of year (total assets less liabilities)2018-12-31$599,286
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$588,189
2017 : UPS THRIFT PLAN 2017 401k financial data
Total income from all sources2017-12-31$6,409
Expenses. Total of all expenses incurred2017-12-31$318
Total plan assets at end of year2017-12-31$588,189
Total plan assets at beginning of year2017-12-31$582,098
Expenses. Other expenses not covered elsewhere2017-12-31$318
Other income received2017-12-31$6,409
Net income (gross income less expenses)2017-12-31$6,091
Net plan assets at end of year (total assets less liabilities)2017-12-31$588,189
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$582,098
2016 : UPS THRIFT PLAN 2016 401k financial data
Total income from all sources2016-12-31$2,991
Expenses. Total of all expenses incurred2016-12-31$18,668
Benefits paid (including direct rollovers)2016-12-31$18,148
Total plan assets at end of year2016-12-31$582,098
Total plan assets at beginning of year2016-12-31$597,775
Other income received2016-12-31$2,991
Net income (gross income less expenses)2016-12-31$-15,677
Net plan assets at end of year (total assets less liabilities)2016-12-31$582,098
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$597,775
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$520
2015 : UPS THRIFT PLAN 2015 401k financial data
Total income from all sources2015-12-31$1,345
Expenses. Total of all expenses incurred2015-12-31$23,020
Benefits paid (including direct rollovers)2015-12-31$21,961
Total plan assets at end of year2015-12-31$597,775
Total plan assets at beginning of year2015-12-31$619,450
Contributions received from other sources (not participants or employers)2015-12-31$680
Other income received2015-12-31$665
Net income (gross income less expenses)2015-12-31$-21,675
Net plan assets at end of year (total assets less liabilities)2015-12-31$597,775
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$619,450
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,059
2014 : UPS THRIFT PLAN 2014 401k financial data
Total income from all sources2014-12-31$304
Expenses. Total of all expenses incurred2014-12-31$2,838
Total plan assets at end of year2014-12-31$619,450
Total plan assets at beginning of year2014-12-31$621,984
Other income received2014-12-31$304
Net income (gross income less expenses)2014-12-31$-2,534
Net plan assets at end of year (total assets less liabilities)2014-12-31$619,450
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$621,984
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$2,838
2013 : UPS THRIFT PLAN 2013 401k financial data
Total income from all sources2013-12-31$448
Expenses. Total of all expenses incurred2013-12-31$81,802
Benefits paid (including direct rollovers)2013-12-31$78,049
Total plan assets at end of year2013-12-31$621,984
Total plan assets at beginning of year2013-12-31$703,338
Other income received2013-12-31$448
Net income (gross income less expenses)2013-12-31$-81,354
Net plan assets at end of year (total assets less liabilities)2013-12-31$621,984
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$703,338
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$3,753
2012 : UPS THRIFT PLAN 2012 401k financial data
Total income from all sources2012-12-31$9,705
Expenses. Total of all expenses incurred2012-12-31$5,087
Total plan assets at end of year2012-12-31$703,338
Total plan assets at beginning of year2012-12-31$698,720
Other income received2012-12-31$9,705
Net income (gross income less expenses)2012-12-31$4,618
Net plan assets at end of year (total assets less liabilities)2012-12-31$703,338
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$698,720
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$5,087
2011 : UPS THRIFT PLAN 2011 401k financial data
Total income from all sources2011-12-31$638
Expenses. Total of all expenses incurred2011-12-31$108,354
Benefits paid (including direct rollovers)2011-12-31$102,889
Total plan assets at end of year2011-12-31$698,720
Total plan assets at beginning of year2011-12-31$806,436
Other income received2011-12-31$638
Net income (gross income less expenses)2011-12-31$-107,716
Net plan assets at end of year (total assets less liabilities)2011-12-31$698,720
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$806,436
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$5,465
2010 : UPS THRIFT PLAN 2010 401k financial data
Total income from all sources2010-12-31$2,736
Expenses. Total of all expenses incurred2010-12-31$189,028
Benefits paid (including direct rollovers)2010-12-31$178,684
Total plan assets at end of year2010-12-31$806,436
Total plan assets at beginning of year2010-12-31$992,728
Other income received2010-12-31$2,736
Net income (gross income less expenses)2010-12-31$-186,292
Net plan assets at end of year (total assets less liabilities)2010-12-31$806,436
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$992,728
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$10,344

Form 5500 Responses for UPS THRIFT PLAN

2022: UPS THRIFT 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 planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: UPS THRIFT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
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 planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: UPS THRIFT 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 planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: UPS THRIFT 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 planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: UPS THRIFT 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 planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: UPS THRIFT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
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 planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: UPS THRIFT 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 planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: UPS THRIFT 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 planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: UPS THRIFT 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 planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: UPS THRIFT 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 planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: UPS THRIFT 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 planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: UPS THRIFT 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 planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: UPS THRIFT 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 planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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