401(k) · DOL Form 5500 · 2024

Fedex Corporation 401(k) Plan

Data updated 2026-07-24

$3.5B
Total assets: 94,890
Participants: 100th
Percentile by assets: $37,048
Avg per participant

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.

100th percentile by assets (of 116,472 plans)

Coverage in Tennessee

Fedex Corporation Retirement Savings Plan II covers 94,890 participants in Tennessee, 85x the typical Tennessee plan (state average ~1,122 per filing). Assets: $3.5B.

$3.5B
total plan assets (2024 EOY): 94,890
covered participants: 100th
percentile by assets (of 116,472 plans): $37,048
avg assets per participant

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.

See the national 2023→2024 release diff →

State

Tennessee

Industry

Transportation & Warehousing

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,122 participants across 2,228 plans. Fedex Corporation Retirement Savings Plan II reports 94,890 participants - 85x that state average ($3.5B EOY assets).

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)

Total plan assets by year, all Fedex Corporation plans on file

Year	Plans	Participants	Total Assets
2022	4	340,732	$48.4B
2023	4	365,516	$53.1B
2024	3	208,152	$28.9B

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 $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

Compare Fedex Corporation Retirement Savings Pla… side-by-side with 3 peers →

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.

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

Frequently Asked Questions

How did Fedex Corporation Retirement Savings Plan II assets move in 2024? ▼

Fedex Corporation Retirement Savings Plan II surged - up 35.5% during 2024, from $2.6B to $3.5B. Reported net income was $921M.

How have Fedex Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Fedex Corporation's sponsor-wide assets declined 40.3%, from $48.4B to $28.9B.

Where does Fedex Corporation Retirement Savings Plan II rank by assets among Form 5500 filers? ▼

Fedex Corporation Retirement Savings Plan II ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Fedex Corporation Retirement Savings Plan II? ▼

Among 401(k) plans in other states, the closest by assets is Lnc Employees' 401(k) Savings Plan in PA ($3.5B, 11,126 participants).

Next read for Fedex Corporation Retirement Savings Pla…

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 declined 40.3% since 2022 across 3 plan years on file. More Transportation & Warehousing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 621721435.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.