Federal Express 401(k) match, vesting and fees
What Federal Express' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Ernst & Young, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 53 defined-contribution plans in transportation and warehousing with 5,000 to 9,999 participants.
| Federal Express: employer contribution per participant | $22,537 | |
| Peer median | $2,217 |
| Federal Express: average balance | $851,835 | |
| Peer median | $65,929 |
| Federal Express: admin expenses ÷ assets | 0.01% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.8B at the end of plan year 2021 to $5.3B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,243 | $5.3B | $140M | $22,537 | 0.01% | Not published | Form 5500 ↗ |
| 2023 | 6,455 | $4.7B | $141M | $22,241 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 6,379 | $4B | $136M | $21,273 | 0.00% | Not published | Form 5500 ↗ |
| 2021 | 5,921 | $4.8B | $127M | $21,515 | 0.01% | Not published | Form 5500 ↗ |
Other Federal Express plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Fedex Corporation Retirement Savings Plan for Puerto Rico
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Vanguard Group Inc. | Schedule C ↗ |
| Independent auditor | Ernst & Young, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
The Flying Tiger Line Inc. Variable Annuity Pension Plan for Pilots
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Ernst & Young LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Federal Express match 401(k) contributions?
The match terms for the Federal Express Corporation Pilots Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $140M in employer contributions, about $22,537 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Federal Express 401(k) match vested?
The vesting schedule for the Federal Express Corporation Pilots Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Federal Express 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Federal Express Corporation.
I left Federal Express. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Federal Express Corporation, (901) 291-3650) or the recordkeeper, Fidelity Investments Institutional. The Federal Express old 401(k) page lists the contacts from every plan filing. Find an old Federal Express 401(k)
Data from the public Form 5500 annual reports Federal Express filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Federal Express. Not financial advice. Report a correction · Methodology