401(k) · DOL Form 5500 · 2023
Fedex Corporation 401(k) Plan
Data updated 2026-08-25
- $23.9B
- Total assets Mega-plan scale
- 127,010
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $188,023
- Avg per participant Above avg balance/head
Official DOL plan name: Fedex Corporation Retirement Savings Plan · Sponsored by Fedex Corporation · Tennessee · Transportation & Warehousing
$23.9B in assets, 127,010 participants
Fedex Corporation's Fedex Corporation Retirement Savings Plan reported $23.9B in total assets and 127,010 participants in its 2023 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #3,359 in Transportation & Warehousing (3,362 peers)
Coverage in Tennessee
Fedex Corporation Retirement Savings Plan covers 127,010 participants in Tennessee, 113x the typical Tennessee plan (state average ~1,126 per filing). Assets: $23.9B.
- #3,359
- in Transportation & Warehousing (3,362 peers)
- +13.5%
- assets growth YoY
- 240×
- vs typical plan assets (national mean)
Fedex Corporation Retirement Savings Plan's outsized position by total assets
Fedex Corporation Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$23,880,819,910 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Fedex Corporation Retirement Savings Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fedex Corporation Retirement Savings Plan is a mega filing (127,010 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Fedex Corporation Retirement Savings Plan reported net income rose from -$4.0B in the plan year 2022 filing to $2.8B in the plan year 2023 filing.
- Fedex Corporation Retirement Savings Plan reported participants fell from 220,835 in the plan year 2022 filing to 127,010 in the plan year 2023 filing.
- Fedex Corporation Retirement Savings Plan end-of-year assets rose from $21.0B in the plan year 2022 filing to $23.9B in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 621721435 · Fedex Corporation PY 2023 · 401(k)
Fedex Corporation Retirement Savings Plan · $23.9B · 127,010 · 100th
- 5500 $23.9B
- ASSETS 127,010
- PCT 100th
- EIN 401(k)
- RANK near Unitedhealth Group 401(k) Savings Plan
- PHOTO ind #3359
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Tennessee →
Fedex Corporation Retirement Savings Plan in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $21.0B |
|---|---|
| Net Assets (End of Year) | $23.9B |
| Net Income | $2.8B |
| Employer EIN | 621721435 |
| Plan Effective Date | 1976-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fedex Corporation)
Sponsor-wide plan assets over time
All Fedex Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $55.8B 15.191575887166955% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 340,732 | $48.4B |
| 2023 | 4 | 365,516 | $53.1B |
| 2024 | 4 | 334,093 | $55.8B |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Hca 401(k) Plan $21.5B · 291,649
- Federal Express Corporation Pilots Retirement Savings Plan $4.7B · 5,728
- International Paper Company Salaried Savings Plan $4.6B · 12,153
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.5B · 62,487
- Nissan Employee 401(k) Plan $4.0B · 17,136
Scale composition for Fedex Corporation Retirement Savings Plan
Fedex Corporation Retirement Savings Plan reports $23.9B in end-of-year assets across 127,010 participants (0.19% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.14% of 93,925,755 covered participants) - about $188,023 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $2.8B.
This plan identity (EIN 621721435, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $21.0B to $25.4B (+20.7%) while covered participants moved from 220,835 to 113,079 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 220,835 | $21.0B | Open filing |
| 2023 | 127,010 | $23.9B | This page |
| 2024 · index core | 113,079 | $25.4B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Fedex Corporation Employees' Pension Plan (Defined Benefit (Pension), $26.9B, 125,941 participants)
- Fedex Corporation Retirement Savings Plan (401(k), $25.4B, 113,079 participants)
- Fedex Corporation Retirement Savings Plan II (401(k), $3.5B, 94,890 participants)
Fedex Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Tennessee, the nearest 401(k) by assets is Unitedhealth Group 401(k) Savings Plan in MN ($22.4B); by covered participants it is The Boeing Company 401(k) Retirement Plan in WA (128,910 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($23.9B here).
- Unitedhealth Group 401(k) Savings Plan (MN) $22.4B · 198,972
- Intel 401(k) Savings Plan (CA) $22.2B · 59,863
- Johnson and Johnson Savings Plan (NJ) $22.2B · 41,291
- Exxonmobil Savings Plan (TX) $21.9B · 23,477
Similar participant headcount
Nearest other-state filings by covered participants (127,010 participants); asset peers above are excluded.
- The Boeing Company 401(k) Retirement Plan (WA) 128,910 · 1,900 off
- The Kroger Co. 401(k) Retirement Savings Account Plan (OH) 129,769 · 2,759 off
- Microsoft Corporation Savings Plus 401(k) Plan (WA) 123,296 · 3,714 off
- Rtx Savings Plan (CT) 123,037 · 3,973 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.