UPS cut its 401(k) automatic enrollment default, effective January 1, 2025

“The Plan includes an auto-enrollment provision whereby certain newly eligible employees are automatically enrolled in the Plan within 90 days of employment, unless they affirmatively elect not to participate in the Plan. Effective January 1, 2023, the deferral rate increases 1% annually until it reaches 15% of eligible compensation or is changed by the participant. Prior to January 1, 2025, automatically enrolled participants initially have their deferral rate set at 6% of pre-tax eligible compensation and their contributions invested in an age appropriate target date fund unless and until changed by the participant. Effective January 1, 2025, employees are automatically enrolled within 90 days of employment at a 3% pre-tax rate and contribution percentage will increase by 1% annually until the contribution reaches 15%.”

Quoted verbatim from the filing linked above. Spelling and punctuation are the filing’s own.

401(k) Monitor reads the employer match, vesting, eligibility and automatic enrollment terms out of each plan’s SEC Form 11-K annual report. A change is recorded only when the filing states it, with the effective date the filing gives.

• UPS 401(k) match, vesting and plan facts

  The full record for this employer, including the formula in force now.

• Read the Form 11-K on SEC EDGAR ↗

  The filing that discloses this change, accession 0001628280-26-044378.

• All 401(k) match changes we have found

  The tracker this record belongs to, newest change first.

• Thermo Fisher Scientific cut the 401(k) match for new participants, effective April 1, 2026
• Sherwin-Williams reinstated its 401(k) match, effective February 1, 2026
• Cigna changed the rules of its 401(k) match, effective January 1, 2026
• Humana cut its 401(k) match, effective January 1, 2026
• PepsiCo widened 401(k) match eligibility, effective January 1, 2026