# Federal Express Corporation Health & Welfare Plan
Source: https://planprovider.pro/companies/federal-express-corporation-710427007-523

> Federal Express Corporation's Health & Welfare plan: 4,861 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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