401(k) · DOL Form 5500 · 2024
Fedex Corporation 401(k) Plan
Data updated 2026-08-25
- $3.5B
- Total assets Very large vs avg
- 94,890
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $37,048
- Avg per participant Low balance/head
Official DOL plan name: Fedex Corporation Retirement Savings Plan II · Sponsored by Fedex Corporation · Tennessee · Transportation & Warehousing
$3.5B in assets, 94,890 participants
Fedex Corporation's Fedex Corporation Retirement Savings Plan II reported $3.5B in total assets and 94,890 participants in its 2024 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.
- #3,272 in Transportation & Warehousing (3,299 peers)
Coverage in Tennessee
Fedex Corporation Retirement Savings Plan II covers 94,890 participants in Tennessee, 84x the typical Tennessee plan (state average ~1,126 per filing). Assets: $3.5B.
- #3,272
- in Transportation & Warehousing (3,299 peers)
- +35.5%
- assets growth YoY
- 35×
- vs typical plan assets (national mean)
Fedex Corporation Retirement Savings Plan II's outsized position by total assets
Fedex Corporation Retirement Savings Plan II vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,515,516,850 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Fedex Corporation Retirement Savings Plan II's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fedex Corporation Retirement Savings Plan II is a mega filing (94,890 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Fedex Corporation Retirement Savings Plan II end-of-year assets rose from $2.6B in the plan year 2023 filing to $3.5B in the plan year 2024 filing.
- Fedex Corporation Retirement Savings Plan II reported net income rose from $833M in the plan year 2023 filing to $921M in the plan year 2024 filing.
- Fedex Corporation Retirement Savings Plan II reported participants fell from 99,296 in the plan year 2023 filing to 94,890 in the plan year 2024 filing.
DOL schedule card
Filing strip 621721435 · Fedex Corporation PY 2024 · 401(k)
Fedex Corporation Retirement Savings Plan II · $3.5B · 94,890 · 100th
- EOY $3.5B
- 5500 94,890
- ASSETS 100th
- PCT 401(k)
- EIN near Lnc Employees' 401(k) Savings Plan
- RANK ind #3272
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 II in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $2.6B |
|---|---|
| Net Assets (End of Year) | $3.5B |
| Net Income | $921M |
| Employer EIN | 621721435 |
| Plan Effective Date | 2022-01-01 |
| 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.
- Fedex Corporation Retirement Savings Plan $25.4B · 113,079
- Hca 401(k) Plan $23.8B · 307,086
- Federal Express Corporation Pilots Retirement Savings Plan $5.3B · 5,830
- International Paper Company Salaried Savings Plan $5.0B · 12,564
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.8B · 59,441
Scale composition for Fedex Corporation Retirement Savings Plan II
Fedex Corporation Retirement Savings Plan II reports $3.5B in end-of-year assets across 94,890 participants (0.029% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.10% of 93,925,755 covered participants) - about $37,048 per participant (27% of the national average assets-per-participant) . Net income for plan year 2024 was $921M.
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 | Open filing |
| 2024 · index core | 94,890 | $3.5B | This page |
The same sponsor also keeps 2 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's out-of-state 401(k) peers by assets and headcount
Outside Tennessee, the nearest 401(k) by assets is Lnc Employees' 401(k) Savings Plan in PA ($3.5B); by covered participants it is UPS 401(k) Savings Plan in GA (95,250 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.5B here).
- Lnc Employees' 401(k) Savings Plan (PA) $3.5B · 11,126
- Allina 401(k) Retirement Savings Plan (MN) $3.5B · 29,592
- Fluor Corporation Employees Savings Investment Plan (TX) $3.5B · 7,227
- Inova Health System Retirement Savings Plan (VA) $3.5B · 21,716
Similar participant headcount
Nearest other-state filings by covered participants (94,890 participants); asset peers above are excluded.
- UPS 401(k) Savings Plan (GA) 95,250 · 360 off
- American Airlines, Inc. 401(k) Plan (TX) 93,397 · 1,493 off
- Lockheed Martin Corporation Salaried Savings Plan (MD) 96,812 · 1,922 off
- I.a.T.S.E. Annuity Fund (NY) 97,266 · 2,376 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.