Plan Snapshot
- Plan Sponsor: Fedex Corporation
- Sponsor EIN: 363288317
- Sponsor Address: 70 FEDEX PARKWAY, COLLIERVILLE, TN, 38017
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $27.6B
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 | 0 | $27.6B | $0 | $0 |
| 2023 | 0 | $27.1B | $0 | $0 |
| 2022 | 0 | $25.5B | $0 | $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 |
|---|---|---|---|---|
| AQR CAPITAL MANAGEMENT | Other Service Provider | $5,083,760 | — | $5,083,760 |
| SILCHESTER INTERNATIONAL INV. INC. | Other Service Provider | $3,325,576 | — | $3,325,576 |
| BLACKROCK FINANCIAL MANAGEMENT | Other Service Provider | $3,170,524 | — | $3,170,524 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $3,011,907 | — | $3,011,907 |
| BAILLIE GIFFORD | Other Service Provider | $2,674,893 | — | $2,674,893 |
| DALTON INVESTMENTS LLC | Other Service Provider | $2,597,469 | — | $2,597,469 |
| ARROWSTREET CAPITAL, LP | Other Service Provider | $2,588,977 | — | $2,588,977 |
| LINDSELL TRAIN | Other Service Provider | $2,539,475 | — | $2,539,475 |
| BRIGADE CAPITAL | Other Service Provider | $2,524,335 | — | $2,524,335 |
| VONTOBEL | Other Service Provider | $2,232,635 | — | $2,232,635 |
| PACIFIC INVESTMENT MANAGEMENT CO | Other Service Provider | $2,174,826 | — | $2,174,826 |
| VERITAS ASSET MANAGEMENT LLP | Other Service Provider | $1,867,372 | — | $1,867,372 |
| STATE STREET CORPORATION | Custodian / Trustee | $1,850,569 | — | $1,850,569 |
| JENNISON ASSOCIATES | Other Service Provider | $1,749,435 | — | $1,749,435 |
| SHAPIRO CAPITAL MANAGEMENT | Other Service Provider | $1,702,804 | — | $1,702,804 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $1,072,432 | — | $1,072,432 |
| DDJ CAPITAL MANAGEMENT GROUP | Other Service Provider | $1,013,097 | — | $1,013,097 |
| PRUDENTIAL | Other Service Provider | $715,115 | — | $715,115 |
| BALYASNY | Other Service Provider | $198,075 | — | $198,075 |
| POLAR ASSET MANAGEMENT PARTNERS INC | Other Service Provider | $159,551 | — | $159,551 |
| TWO SIGMA ADVISERS, LP | Other Service Provider | $83,795 | — | $83,795 |
| ARES CAPITAL | Other Service Provider | $65,953 | — | $65,953 |
| LANSDOWNE | Other Service Provider | $58,351 | — | $58,351 |
| IFM INFRASTRUCTURE | Other Service Provider | $48,702 | — | $48,702 |
| BREVAM HOWARD | Other Service Provider | $37,641 | — | $37,641 |
| 400 CAPITAL | Other Service Provider | $30,552 | — | $30,552 |
| CANYON | Other Service Provider | $22,425 | — | $22,425 |
| WATERFALL | Other Service Provider | $12,007 | — | $12,007 |
| POLEN CAPITAL | Other Service Provider | $10,221 | — | $10,221 |
| HARRISON STREET | Other Service Provider | $10,054 | — | $10,054 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,632,528
- Estimated Expense Ratio: 0.154% 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 | $43,261,111 | $43,261,111 | — | — | — |
| 2023 | $39,229,693 | $39,229,693 | — | — | — |
| 2022 | $42,779,655 | $42,779,655 | — | — | — |