Just booked a flight. Confirmed first on the way down; Y-UP'd on the way back. The Y-UP looks like this when I click 'View' from manage reservations (abbreviated):

Depart: 12:15 p.m. Orlando, FL (MCO)
Arrive: 2:42 p.m. Cleveland, OH (CLE)
OnePass Miles/Elite Qualification: 895 /0%
Flight: CO1870
Aircraft: Boeing 737-800
Fare Class: First (AU)

From what I can tell based on a search of FT, it should be 150% EQM and certainly not 0%.