UPS Retirement Plan vs Operating Engineers Local 324 Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to UPS Retirement Plan at 95/100 (A). Funding ratios differ by 14.4 percentage points (105.1% vs 90.7%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.
| Metric | UPS Retirement Plan | Operating Engineers Local 324 Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 95/100 (A) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 90.7% | 105.1%* |
| Total Assets | $9.7B | $24.8B |
| Total Liabilities | $10.7B* | $23.6B |
| Unfunded Liability | $993.0M | $0* |
| Participants | 243,932 | 230,039 |
| 1-Year Investment Return | 6.7%* | 5.7% |
| Plan Type | corporate | multiemployer |
| PBGC Risk Level | low | low |
| Sponsor | United Parcel Service | IUOE Local 324 |
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to UPS Retirement Plan at 95/100 (A). Funding ratios differ by 14.4 percentage points (105.1% vs 90.7%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.