Plan Snapshot
- Plan Sponsor: Fedex Corporation
- Sponsor EIN: 621721435
- Sponsor Address: 70 FEDEX PARKWAY, COLLIERVILLE, TN, 38017
- Plan Type: DB
- Plan Number: 002
- Total Participants: 113,256
- Total Assets: $26.9B
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 | 113,256 | $26.9B | $275.0M | $0 |
| 2023 | 170,340 | $26.6B | $800.0M | $0 |
| 2022 | 139,031 | $25.6B | $800.0M | $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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS | Recordkeeper | $7,653,817 | — | $7,653,817 |
| TOWERS WATSON | Other Service Provider | $1,367,476 | — | $1,367,476 |
| MERCER HUMAN RESOURCE CONSULTING | Investment Advisor | $663,762 | — | $663,762 |
| FACTSET | Other Service Provider | $316,524 | — | $316,524 |
| FEDEX OFFICE COMMERCIAL PRESS | Other Service Provider | $138,947 | — | $138,947 |
| PWC US TAX LLP | Other Service Provider | $103,996 | — | $103,996 |
| BAKER DONELSON | Other Service Provider | $15,900 | — | $15,900 |
| ICE DATA INDICES | Other Service Provider | $9,806 | — | $9,806 |
| PRUDENTIAL | Other Service Provider | $6,032 | — | $6,032 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS — Recordkeeper
- MERCER HUMAN RESOURCE CONSULTING — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,276,260
- Estimated Expense Ratio: 0.038% 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 | $34,515,098 | $7,407 | $215,110 | — | — |
| 2023 | $37,495,674 | $37,308,660 | — | — | — |
| 2022 | $28,935,001 | $80,574 | — | — | $8,870,451 |