United Parcel Service Inc (UPS) is a mail and package delivery company that does deliveries across the US and around the world. Its headquarters is in Atlanta, Georgia.
UPS offers delivery services like ground and air options with different delivery speeds. Beyond deliveries, UPS provides logistics, freight forwarding, and customs brokerage services. With over 536,000 employees, UPS offers various benefits to its employees, including a 401k plan.
Here is some information about UPS 401k plan:
| UPS 401k Provider | Fidelity Investments |
| UPS 401k Plan Name | UPS/IPA DEFINED CONTRIBUTION MONEY PURCHASE PENSION PLAN |
| UPS 401k Login | https://nb.fidelity.com/public/nb/default/home |
| UPS 401k Phone Number | 800-835-5095 |
| UPS 401k Provider Address | PO Box 770002, Cincinnati, OH, 45277-0090 |
| UPS 401k Plan Administrator Address & Phone | 1400 NORTH HURSTBOURNE PARKWAY, LOUISVILLE, KY 40223Phone: 502-329-6626 |
About United Parcel Service (UPS)
United Parcel Service, Inc. (UPS) is a major American multinational shipping and logistics company founded in 1907.
Originally established as the American Messenger Company in Seattle, Washington, UPS has evolved into one of the world’s largest package delivery services and supply chain management providers. The company is renowned for its ground shipping services and operates a vast network that includes the UPS Store retail chain, which offers shipping services and business solutions.
UPS’s operations are divided into three main segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. The company delivers millions of packages daily to customers in over 200 countries and territories, leveraging a fleet of vehicles and aircraft to ensure timely delivery.
With a commitment to innovation and sustainability, UPS has been integrating alternative fuel vehicles into its fleet and exploring advanced technologies such as drone delivery to enhance its service offerings.
What benefits do UPS employees get?
United Parcel Service (UPS) offers a comprehensive benefits package designed to support the well-being and financial security of its employees, whether they are full-time or part-time. Here are some of the key benefits available to UPS team members:
Health and Wellness Benefits
UPS provides extensive health insurance options, including medical, dental, vision, and behavioral health coverage. Employees can access preventive care, hospitalization, and prescription drug services.
Notably, part-time employees who work a minimum of 225 hours in three months are eligible for the same healthcare benefits as full-time employees, often with no premiums, co-insurance, or low co-pays.
Financial and Retirement Benefits
The company offers a robust retirement plan that includes a 401(k) plan with a company match for eligible employees. UPS also contributes significantly to pension plans for full-time employees, enhancing their long-term financial security.
Additionally, UPS provides tuition assistance of up to $25,000 for eligible employees pursuing higher education, reflecting its commitment to employee development.
Paid Time Off and Additional Perks
Employees at UPS enjoy generous paid time off (PTO), which includes vacation days, personal days, sick leave, and paid holidays. The amount of PTO accrued typically depends on the employee’s length of service and hours worked.
Other benefits include employee discounts on various products and services, prepaid legal services, life insurance, and accidental death and dismemberment insurance.