401(k) · DOL Form 5500 · 2023
Fedex Corporation 401(k) Plan
Data updated 2026-08-11
- $2.6B
- Total assets
- 99,296
- Participants
- 99th
- Percentile by assets
- $26,127
- Avg per participant
Official DOL plan name: Fedex Corporation Retirement Savings Plan II · Sponsored by Fedex Corporation · Tennessee · Transportation & Warehousing
$2.6B in assets, 99,296 participants
Fedex Corporation's Fedex Corporation Retirement Savings Plan II reported $2.6B in total assets and 99,296 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #3,329 in Transportation & Warehousing (3,362 peers)
Coverage in Tennessee
Fedex Corporation Retirement Savings Plan II covers 99,296 participants in Tennessee, 88x the typical Tennessee plan (state average ~1,126 per filing). Assets: $2.6B.
- $2.6B
- total plan assets (2023 EOY)
- 99,296
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $26,127
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Fedex Corporation Retirement Savings Plan II reported participants rose from N/A in the plan year 2022 filing to 99,296 in the plan year 2023 filing.
- Fedex Corporation Retirement Savings Plan II reported net income rose from $295M in the plan year 2022 filing to $833M in the plan year 2023 filing.
- Fedex Corporation Retirement Savings Plan II end-of-year assets rose from $1.8B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Fedex Corporation Retirement Savings Plan II reports 99,296 participants - 88x that state average ($2.6B EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $1.8B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | $833M |
| Employer EIN | 621721435 |
| Plan Effective Date | 2022-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fedex Corporation)
| 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.
Fedex Corporation Retirement Savings Plan II vs. nearby 401(k) plans in Tennessee, assets vs. participants
- Fedex Corporation Retirement Savings Plan $23.9B · 127,010
- 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
Scale composition for Fedex Corporation Retirement Savings Plan II
Fedex Corporation Retirement Savings Plan II reports $2.6B in end-of-year assets across 99,296 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.11% of 93,925,755 covered participants) - about $26,127 per participant (19% of the national average assets-per-participant) . Net income for plan year 2023 was $833M.
This plan identity (EIN 621721435, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $3.5B (+99.6%) while covered participants moved from N/A to 94,890 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | N/A | $1.8B | Open filing |
| 2023 | 99,296 | $2.6B | This page |
| 2024 · index core | 94,890 | $3.5B | 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Fedex Corporation Retirement Savings Plan II by total assets, not by location.
- Samsung 401(k) Plan (NJ) $2.6B · 13,555
- Centerpoint Energy Savings Plan (TX) $2.6B · 9,430
- Ally Financial Inc. Retirement Savings Plan (MI) $2.6B · 11,562
- Canon Employee Savings and Retirement Plan (NY) $2.6B · 7,226
Frequently Asked Questions
How did Fedex Corporation Retirement Savings Plan II assets move in 2023? ▼
How have Fedex Corporation plan assets changed over time? ▼
Where does Fedex Corporation Retirement Savings Plan II rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Fedex Corporation Retirement Savings Plan II? ▼
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Filing takeaways
Ways to act on Fedex Corporation Retirement Savings Plan II's numbers.
- By total assets, Fedex Corporation Retirement Savings Plan II ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
- Fedex Corporation's sponsor-wide assets have grown 15.2% since 2022 across 3 plan years on file. More Transportation & Warehousing plans