Retirement plan
FEDEX CORPORATION EMPLOYEES' PENSION PLAN
FEDEX CORPORATIONEIN 62-1721435Plan #002PY 2025
70 FEDEX PARKWAY, 2ND FLOOR VERTICAL - COLLIERVILLE, TN 38017901-291-3650
Prospect flagsLow returns
Filing contacts
From the Form 5500, federal recordPlan administrator signer
CHRISTOPHER E. BRUCKS
Signed 03/10/2026
Summary metrics
Total assets (EOY)
$26858.6M
-9.5% from 2017
Total participants
213,710
+5.0% from 2017
Average account balance
$0
No prior year
Annual return
6.25%
-7.86 pp from 2017
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort24 peers
Snapshot2025
0
Participant deferral / active EE
$0
median $1,161
22
Employer contribution / active EE
$2,428
median $10,385
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
17
Annual return
6.25%
median 8.52%
Overall peer rank
20of 100
20th percentileavg across 6 metrics
Analytics
2016 - 2025
Total assets (EOY)
Plan-year ending balance
$26.86B
Average account balance
Total assets / participants with a balance (line 6g)
$126K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
100,454
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$275.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+6.25%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 10 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS8 years Service code 11 · EIN 82-1061233 | Actuarial | $7,653,817 |
TOWERS WATSON10+ years Service code 16 · EIN 06-1467923 | Consulting | $1,367,476 |
MERCER HUMAN RESOURCE CONSULTING10+ years Service code 11 · EIN 13-2834414 | Actuarial | $663,762 |
FACTSET2 years Service code 27 · EIN 13-2953224 | Advisory (Plan) | $316,524 |
Service code 36 · EIN 22-3736227 | Direct payment from the plan; Copying... | $138,947 |
PWC US TAX LLP1 year Service code 16 · EIN 92-0460586 | Consulting | $103,996 |
BAKER DONELSON10+ years Service code 29 · EIN 62-1047356 | Legal | $15,900 |
ICE DATA INDICES3 years Service code 72 · EIN 58-2555670 | Other investment fees and expenses | $9,806 |
PRUDENTIAL10+ years Service code 28 · EIN 22-2550816 | Investment Management | $6,032 |
METLIFE7 years Service code 23 · EIN 13-5581829 | Insurance services | $0 |
Enrolled actuary
1 attachment
SB
STACY R. FRANKLIN, ASA
MERCER
Enrollment #2307095
6410 POPLAR AVE.
SUITE 540
MEMPHIS, TN 38119
(901) 684-3100
Signed 2026-02-19
Plan features & details
Pension benefit codes1A1C3F3H3J
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
- 3JU.S.-based Puerto Rico dual-qualified planU.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.
Opportunity flags
1 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
Expense breakdown
Schedule H Part II
Admin total
$34.5M
$305 / participant
- Investment mgmt$7K0.0%
- Legal$16K0.0%
- Actuarial$8M24.0%
- Contract admin$215K0.6%
- Other / not subdivided$26M75.3%
% of EOY assets
0.129%
all-in expense ratio
Categories reported
4 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- ERNST & YOUNG, LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified