Plan Ledger DOL Form 5500 · updated monthly

Federal Express Corporation401(k)

FEDERAL EXPRESS CORPORATION PILOTS RETIREMENT SAVINGS PLAN · COLLIERVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Federal Express Corporation reported $526,612 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $25,949 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.010% to 0.010%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 3rd-largest of 1,496 plans among Tennessee employers on file, and the 8th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,306,930,367
Participants with balances6,230
Active participants5,411
Employer contributions$140,407,755
Employee contributions$137,139,737
Employer contribution per active participant$25,949
Average account balance$851,835
Benefits paid to participants$394,533,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3B · 6,230 accts · $140.4M emplr
2023$4.7B · 6,357 accts · $141.4M emplr
2022$4.0B · 6,376 accts · $135.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,992
Investment management$507,620
Total administrative$526,612
The Federal Express Corporation 401(k) match · 2024
Employer contribution per active participant$25,949
Median for plans this size$5,259
2024$25,949 per active participant
2023$24,252 per active participant
2022$23,679 per active participant

Federal Express Corporation's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$507,620
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$86,881
ALIGHT SOLUTIONS LLC · Contract administrator$9,900

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$526,612 · 0.01%
2023$430,386 · 0.01%
2022Not separately reported
All plans at this employer3
THE FLYING TIGER LINE VARIABLE ANNUITY PENSION PLAN FOR PILOTSMoney purchase plan
FEDERAL EXPRESS CORPORATION PILOTS RETIREMENT SAVINGS PLAN401(k)
FEDEX CORPORATION RETIREMENT SAVINGS PLAN FOR PUERTO RICO401(k)
Same employer
Similar plansTransportation & Warehousing · Tennessee
FedEx Corporation TN$25.4B · 0.03%
Southwest Airlines Company TX$18.9B · 0.02%
United Airlines, Inc. IL$16.8B · 0.18%
Bnsf Railway Company TX$4.8B · 0.00%
Ryder System, Inc. GA$2.7B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710427007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.