DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

UPS Pension Plan

Corporate pensionAtlanta, GA
Assets
$9.3B
Total assets, Dec 31, 2024 reported
Funded
81.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
2 managers on Schedule C
Plan sponsor: United Parcel Service of America, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.0%
  • Master trust investment accounts 96.7%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
32 readings
Total assets
$9.3B Dec 31, 2024 reported Form 5500
$9.7B (2023-12) · $9.6B (2022-12)
Plan assets
$9.7B Jan 1, 2024 reported Form 5500
$9.6B (2023-01) · $13B (2022-01)
Net assets
$9.3B Dec 31, 2024 reported Form 5500
$9.7B (2023-12) · $9.6B (2022-12)
Funded ratio
81.1% Jan 1, 2024 reported Form 5500
83.0% (2023-01) · 98.9% (2022-01)
Funding target
$11B Jan 1, 2024 reported Form 5500
$9.9B (2023-01) · $9.1B (2022-01)
Discount rate
5.30% Jan 1, 2024 reported Form 5500
5.43% (2023-01) · 5.61% (2022-01)
Participants
243,932 Jan 1, 2024 reported Form 5500
240,703 (2023-01) · 226,093 (2022-01)
Contributions
$310M Dec 31, 2024 reported Form 5500
$150M (2023-12) · $370M (2022-12)
Benefits paid
$361M Dec 31, 2024 reported Form 5500
$303M (2023-12) · $271M (2022-12)
Net investment income
$-453M Dec 31, 2024 reported Form 5500
$165M (2023-12) · $-3.2B (2022-12)
Investment management fees
$480,390 Dec 31, 2024 reported Form 5500
$106,707 (2023-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024243,932$9.7B$11B81.1%$9.3Bn/a$9.0Bn/a
2023 to Dec 31, 2023240,703$9.6B$9.9B83.0%$9.7Bn/a$9.6Bn/a
2022 to Dec 31, 2022226,093$13B$9.1B98.9%$9.6Bn/a$9.2Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • The Bank of New York Mellon codes 18 28 50 $758,550 PY2024
  • Conduent Incorporated codes 36 50 $627,819 PY2024
  • Alston & Bird LLP codes 29 36 50 $568,509 PY2024
  • Nisa Investment Advisors codes 28 50 $419,792 PY2024
  • RR Donnelley codes 36 50 $226,701 PY2024
  • PWC US Tax LLP codes 16 50 $152,458 PY2024
  • Bloomberg Finance LP codes 50 $137,428 PY2024
  • Willis Towers Watson US LLC codes 16 36 50 $127,368 PY2024
  • Qdro Benefits Firm codes 29 36 50 $95,819 PY2024
  • Blackrock Financial codes 50 $95,459 PY2024
  • Deloitte Tax LLP codes 10 16 36 50 $91,457 PY2024
  • Pension Benefit Information codes 49 50 $72,965 PY2024
  • Factset Research Systems, Inc. codes 36 50 $22,151 PY2024
  • Ridgeworth Capital Management codes 28 50 $19,471 PY2024
  • Proskauer Rose, LLP codes 29 50 $16,129 PY2024
  • Evestment Inc and Subsidiaries codes 36 50 $13,265 PY2024
  • Diligend, Inc. codes 49 50 $7,247 PY2024
  • UPS Group Trust Plan Sched. D M $9.0B PY2024
  • Willis Towers Watson US LLC codes 11 PY2024
  • The Bank of New York Mellon codes 18 28 36 50 $1.7M PY2023
  • Conduent Incorporated codes 36 50 $560,114 PY2023
  • Alston & Bird LLP codes 29 36 50 $414,380 PY2023
  • RR Donnelley codes 36 50 $238,680 PY2023
  • Blackrock Financial codes 36 50 $192,007 PY2023
  • Willis Towers Watson US LLC codes 16 36 50 $147,020 PY2023
  • Bloomberg Finance LP codes 36 50 $132,740 PY2023
  • Qdro Benefits Firm codes 36 50 $107,587 PY2023
  • Deloitte Tax LLP codes 10 16 36 50 $89,092 PY2023
  • Pension Benefit Information codes 36 50 $61,396 PY2023
  • Factset Research Systems, Inc. codes 36 50 $26,126 PY2023
  • Evestment Inc and Subsidiaries codes 36 50 $12,085 PY2023
  • Deloitte & Touche, LLP codes 36 50 $11,327 PY2023
  • Proskauer Rose, LLP codes 29 50 $9,602 PY2023
  • Diligend, Inc. codes 36 50 $7,337 PY2023
  • Lseg US Holdco Inc codes 36 50 $5,336 PY2023
  • UPS Group Trust Plan Sched. D M $9.6B PY2023
  • Willis Towers Watson US LLC codes 11 PY2023
  • The Bank of New York Mellon codes 18 50 $634,224 PY2022
  • Conduent Incorporated codes 36 50 $570,251 PY2022
  • RR Donnelley codes 36 50 $259,922 PY2022
  • Alston & Bird, LLP codes 29 50 $184,917 PY2022
  • Towers Watson Delaware Inc codes 16 50 $141,723 PY2022
  • Qdro Benefits Firm codes 29 36 $96,815 PY2022
  • Deloitte & Touche, LLP codes 16 50 $67,350 PY2022
  • Pension Benefit Information codes 16 36 50 $15,207 PY2022
  • UPS Group Trust Plan Sched. D M $9.2B PY2022
  • Willis Towers Watson US LLC codes 11 PY2022
What changed
9 events
  • Dec 31, 2024Consultant changedinference
    PWC US Tax LLP appears on UPS Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with PWC US Tax LLPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Nisa Investment Advisors appears on UPS Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Nisa Investment Advisors, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Ridgeworth Capital Management appears on UPS Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Silvant Capital Managementaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Deloitte & Touche, LLP no longer appears on UPS Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Deloitteaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Pension Benefit Information no longer appears on UPS Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Pension Benefit Information, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    The Bank of New York Mellon appears on UPS Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Bank of New York Mellonaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Deloitte Tax LLP appears on UPS Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Deloitte Tax LLPaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    UPS Pension Plan funded ratio 98.9% -> 83.0% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    UPS Pension Plan plan assets $12.7B -> $9.6B (-24.9%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 951732075-022
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.