Defined Benefit (Pension) · DOL Form 5500 · 2024
Fedex Corporation Pension Plan
Data updated 2026-08-25
- $26.9B
- Total assets Mega-plan scale
- 125,941
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $213,263
- Avg per participant Above avg balance/head
Official DOL plan name: Fedex Corporation Employees' Pension Plan · Sponsored by Fedex Corporation · Tennessee · Transportation & Warehousing
$26.9B in assets, 125,941 participants
Fedex Corporation's Fedex Corporation Employees' Pension Plan reported $26.9B in total assets and 125,941 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.
- #3,297 in Transportation & Warehousing (3,299 peers)
Coverage in Tennessee
Fedex Corporation Employees' Pension Plan covers 125,941 participants in Tennessee, 112x the typical Tennessee plan (state average ~1,126 per filing). Assets: $26.9B.
- #3,297
- in Transportation & Warehousing (3,299 peers)
- +1.0%
- assets growth YoY
- 269×
- vs typical plan assets (national mean)
Fedex Corporation Employees' Pension Plan's outsized position by total assets
Fedex Corporation Employees' Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$26,858,555,454 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 Employees' Pension Plan'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 Employees' Pension Plan is a mega filing (125,941 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Fedex Corporation Employees' Pension Plan reported net income fell from $973M in the plan year 2023 filing to $277M in the plan year 2024 filing.
- Fedex Corporation Employees' Pension Plan reported participants fell from 139,031 in the plan year 2023 filing to 125,941 in the plan year 2024 filing.
- Fedex Corporation Employees' Pension Plan end-of-year assets rose from $26.6B in the plan year 2023 filing to $26.9B in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 621721435 · Fedex Corporation PY 2024 · Defined Benefit (Pension)
Fedex Corporation Employees' Pension Plan · $26.9B · 125,941 · 100th
- PCT $26.9B
- EIN 125,941
- RANK 100th
- PHOTO Defined Benefit (Pension)
- IND near Central Pension Fund of the Iuoe & Participating Employers
- EOY ind #3297
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 Employees' Pension Plan in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $26.6B |
|---|---|
| Net Assets (End of Year) | $26.9B |
| Net Income | $277M |
| Employer EIN | 621721435 |
| Plan Effective Date | 1978-06-01 |
| 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 Defined Benefit (Pension) Plans in Tennessee
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Retirement Plan of International Paper Company $8.2B · 20,795
- Pace Industry Union-Management Pension Fund $2.8B · 3,134
- Pension Plan for Employees at Ornl $2.4B · 6,357
- Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee $2.0B · 2,516
- Nissan Employee Retirement Plan $1.6B · 4,074
Scale composition for Fedex Corporation Employees' Pension Plan
Fedex Corporation Employees' Pension Plan reports $26.9B in end-of-year assets across 125,941 participants (0.22% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.13% of 93,925,755 covered participants) - about $213,263 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2024 was $277M.
This plan identity (EIN 621721435, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $25.6B to $26.9B (+4.9%) while covered participants moved from 119,742 to 125,941 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 119,742 | $25.6B | Open filing |
| 2023 | 139,031 | $26.6B | Open filing |
| 2024 · index core | 125,941 | $26.9B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- 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 Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Central Pension Fund of the Iuoe & Participating Employers in DC ($27.4B); by covered participants it is 1199seiu Health Care Employees Pension Fund in NY (111,833 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($26.9B here).
- Central Pension Fund of the Iuoe & Participating Employers (DC) $27.4B · 103,525
- AT&T Pension Benefit Plan (TX) $28.3B · 100,400
- The Pension Value Plan for Employees of the Boeing Company (WA) $23.3B · 29,538
- UPS Retirement Plan (GA) $21.2B · 43,465
Similar participant headcount
Nearest other-state filings by covered participants (125,941 participants); asset peers above are excluded.
- 1199seiu Health Care Employees Pension Fund (NY) 111,833 · 14,108 off
- Iam National Pension Fund (DC) 102,493 · 23,448 off
- S.E.I.U. National Industry Pension Fund (DC) 95,567 · 30,374 off
- UPS Pension Plan (GA) 157,587 · 31,646 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.