Plans » Benchmarking Engine
Benchmarking Fedex Corporation Retirement Savings Plan II in Memphis, TN against
Fedex Corporation Retirement Savings Plan II in Memphis, TN has the 4th-highest net income ($294,510,115) of all the 828 plans. Those $294,510,115 compare to an average of -$746,689,536 across the 828 plans.
Note: net income = total income - total expenses
Fedex Corporation Retirement Savings Plan II has these standings among all the 828 plans:
Note: net income = total income - total expenses
Fedex Corporation Retirement Savings Plan II has these standings among all the 828 plans:
- net income = $294,510,115 (4th-highest)
- total income = $405,692,209 (12th-highest)
- total expenses = $111,182,094 (191st-lowest)
beat out by Exxonmobil Savings Plan in Spring, TX ($1,173,000,000), Meta Platforms, Inc 401(K) Plan in Menlo Park, CA ($631,050,935), and Justworks Retirement Savings Plan in New York, NY ($344,907,242).
beat HDR, Inc. Best Plan and ESOP in Omaha, NE ($284,148,803), Dillard's, Inc. Investment & Employee Stock Ownership Plan in Little Rock, AR ($237,389,369), Performance Contracting Group, Inc. ESOP/401(K) Plan in Lenexa, KS ($165,346,514), and S&C 401(K) Retirement Savings & ESOP in Chicago, IL ($125,641,886), and 820 others, ending with IBM 401 (K) Plus Plan in Armonk, NY (-$14,243,050,024).
beat HDR, Inc. Best Plan and ESOP in Omaha, NE ($284,148,803), Dillard's, Inc. Investment & Employee Stock Ownership Plan in Little Rock, AR ($237,389,369), Performance Contracting Group, Inc. ESOP/401(K) Plan in Lenexa, KS ($165,346,514), and S&C 401(K) Retirement Savings & ESOP in Chicago, IL ($125,641,886), and 820 others, ending with IBM 401 (K) Plus Plan in Armonk, NY (-$14,243,050,024).
- net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all from Schedule H. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Fedex Corporation Retirement Savings Plan II in Memphis, TN is in Tennessee, its EIN is 621721435, its industry group is Air Transportation, its plan administrator is Jeffrey Mize, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 481000, has 25,000 or more total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is higher than the overall administrative medians in each of investment advisory and management fees, other administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($1,761,442,711)
- net assets (assets minus liabilities) ($1.761B)
- asset transfers to the plan ($1,470,679,372)
- value of interest in common/collective trusts ($1,440,721,182)
- total contributions ($658,301,745)
- total income ($405,692,209)
- cash contributions from employers ($322,918,547)
- cash contributions from participants ($306,138,418)
- net income ($294,510,115)
- value of interest in registered investment companies (e.g., mutual funds) ($225.60M)
- total expenses ($111,182,094)
- participant loans ($47,586,532)
- value of interest in master trust investment accounts ($24.50M)
- receivables employer contributions ($8,442,990)
- receivables participant contributions ($7,776,105)
- other general investments ($6,860,560)
- asset transfers from the plan ($3,746,776)
- total administrative expenses ($1,155,319)
- investment advisory and management fees ($765,071)
- other administrative expenses ($390,248)
- corrective distributions ($66,911)
- average account balance ($13,927)
- average employer+participant cash contribution per active participant ($6,335)
- average employer cash contribution per active participant ($3,252)
- average participant cash contribution per active participant ($3,083)
- net income per total participant ($2,329)
- total administrative expense per participant ($9.13)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total assets at beginning of plan year ($0)
- total liabilities ($0)
- professional fees ($0)
- contract administrator fees ($0)
- earnings on investments (-$249,808,189)
- net earnings on investments (-$250,573,260)
- percentage of active participants (78.5%)
- diversity of asset types (20.6%)
- participant loans as a percentage of plan assets (2.70%)
- total administrative expense ratio (0.066%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (99,296)
- deceased participants whose beneficiaries receive or are entitled to benefits (93)
- living participants (126,380)
- other retired or separated participants entitled to future benefits (27,007)
- retired or separated participants receiving benefits (77)
- total participants (126,473)
Global References


good (4)
neutral (5)