# United Parcel Service of America Pension Plan

United Parcel Service of America Pension Plan is a Pension Fund based in Atlanta, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** 55 Glenlake Pkwy NE, Atlanta, GA, United States
- **Founded:** 1973
- **Assets under management:** 43000 (Altss estimate)

## Regulatory record

- **Reports private funds:** No

## About

The United Parcel Service of America Pension Plan is a single-employer noncontributory defined-benefit corporate pension plan. The plan was established in 1973 and provides retirement disability and death benefits to eligible employees of United Parcel Service of America and its subsidiary companies. United Parcel Service of America is a package delivery and supply chain management solutions provider.

## Sectors

- Fixed Income
- Private Equity
- Real Estate
- Hedge Funds

## People

- Ernie Caballero — Former CIO
- Carol Tomé — CEO of UPS

## Questions

### Who runs investment decisions at United Parcel Service of America Pension Plan?

Day-to-day management is delegated to external advisors. Goldman Sachs Asset Management serves as OCIO since 2024 with Ernie Caballero leading the team.

### Does the plan participate in fund commitments or only direct deals?

The plan holds both fund commitments and direct holdings. Its real estate portfolio includes direct holdings alongside real estate funds.

### What asset classes receive the largest allocations?

Fixed income represents the largest allocation at approximately $20.5 billion. Public equities follow at $7.3 billion.

### How is the plan related to UPS corporate governance?

Carol Tomé, UPS CEO, sits on the board with oversight responsibilities. The plan remains a single-employer noncontributory defined-benefit vehicle.

### Which professional networks does the plan maintain?

The plan participates in CIEBA. Ernie Caballero previously served as board member and Defined Benefit Committee chair.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/united-parcel-service-of-america-pension-plan

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