Plan Snapshot
- Plan Sponsor: Federal Express Corporation
- Sponsor EIN: 710427007
- Sponsor Address: 70 FEDEX PARKWAY, COLLIERVILLE, TN, 38017
- Plan Type: Health & Welfare
- Plan Number: 523
- Total Participants: 4,861
- Total Assets: $213,146
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,861 | $213,146 | $40.1M | $0 |
| 2023 | 5,142 | $168,441 | $38.3M | $0 |
| 2022 | 5,446 | $1.0M | $35.5M | $0 |
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 |
|---|---|---|---|---|
| THE HARTFORD | Other Service Provider | $234,108 | — | $234,108 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $234,108
- Estimated Expense Ratio: 109.835% 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 | $234,478 | — | $234,108 | — | — |
| 2023 | $218,212 | — | $217,817 | — | — |
| 2022 | $208,434 | — | $207,919 | — | — |