Plan Snapshot
- Plan Sponsor: Federal Express Corporation
- Sponsor EIN: 710427007
- Sponsor Address: 70 FEDEX PARKWAY, COLLIERVILLE, TN, 38017
- Plan Type: 401(k)
- Total Participants: 5,411
- Total Assets: $5.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,411 | $5.3B | $140.4M | $137.1M |
| 2023 | 5,830 | $4.7B | $141.4M | $139.0M |
| 2022 | 5,728 | $4.0B | $135.6M | $128.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | NONE | $507,620 | — | $507,620 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $86,881 | — | $86,881 |
| ALIGHT SOLUTIONS LLC | NONE | $9,900 | — | $9,900 |
| ERNST & YOUNG, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — NONE
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ALIGHT SOLUTIONS LLC — NONE
- ERNST & YOUNG, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $604,401
- Estimated Expense Ratio: 0.011% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $526,612 | $507,620 | $9,900 | — | — |
| 2023 | $430,386 | $418,836 | $11,550 | — | — |
| 2022 | — | — | — | — | — |