This excerpt taken from the UPS DEF 14A filed Mar 13, 2009.
The UPS Savings Plan
The UPS Savings Plan is a 401(k) plan offered to all U.S.-based employees who are not subject to a collective bargaining agreement and who are not eligible to participate in another savings plan sponsored by UPS or one of its subsidiaries. We have generally provided a matching contribution (generally up to a maximum of 3% of each participants eligible compensation) to those UPS employees who make elective deferrals to the UPS Savings Plan. Matching contributions are made to the UPS Stock Fund, an investment election under the UPS Savings Plan, which is composed entirely of shares of our class A common stock. Prior to January 1, 2009, the matching contributions were made to the UPS Qualified Stock Ownership Plan (QSOP). The QSOP was merged with the UPS Savings Plan on January 1, 2009.
This excerpt taken from the UPS 10-K filed Feb 27, 2009.
UPS SAVINGS PLAN
FACE="Times New Roman" SIZE="2">Appendix 15.9