Employers › FedEx › plan 003
Recordkeeping fees per participant · Fedex SCA Employees' 401(k) Retirement Savings Plan · plan year 2024
$6.70
Higher than 5% of the 7,477 plans $1 to 10M that report it.
= $2,681 / 400
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014170203NAL0001710659001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014170203NAL0001710659001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Administrative expenses excluding investment management, per participant
$7.83
Higher than 5% of the 14,713 plans $1 to 10M that report it.
= $3,131 / 400
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014170203NAL0001710659001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014170203NAL0001710659001, received 2025-10-14
Administrative expenses per participant
$7.83
Higher than 3% of the 15,210 plans $1 to 10M that report it.
= $3,131 / 400
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014170203NAL0001710659001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014170203NAL0001710659001, received 2025-10-14
Administrative expenses as a share of assets
0.072%
Higher than 11% of the 15,243 plans $1 to 10M that report it.
= $3,131 / $4,337,770
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014170203NAL0001710659001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014170203NAL0001710659001, received 2025-10-14
Employer contributions per participant
$2,360
Higher than 82% of the 13,342 plans $1 to 10M that report it.
= $944,120 / 400
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014170203NAL0001710659001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014170203NAL0001710659001, received 2025-10-14
Employer share of total contributions
90.4%
Higher than 100% of the 13,370 plans $1 to 10M that report it.
= $944,120 / $1,044,789
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014170203NAL0001710659001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014170203NAL0001710659001, received 2025-10-14
0.0% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($7.83 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2T default investment (QDIA) · 3C · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014170203NAL0001710659001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FEDEX CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Plan name | FEDEX SCA EMPLOYEES' 401(K) RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Sponsor EIN / plan number | 62-1721435 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Sponsor location | MEMPHIS, TN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Industry (business code) | 481000, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Participants, beginning of year | 344 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Active participants | 205 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Participants, end of year | 407 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Participants with an account balance | 400 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Total assets, beginning of year | $3,758,319 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Total assets, end of year | $4,337,770 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Net assets, end of year | $4,337,770 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Total income | $1,499,506 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Net income | $579,451 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Employer contributions | $944,120 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Participant contributions | $90,601 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $10,068 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Total contributions | $1,044,789 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Benefit payments | $916,924 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $920,055 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Total administrative expenses | $3,131 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Recordkeeping fees | $2,681 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Administrative expenses excluding investment management | $3,131 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Held in master trusts | $8 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Held in common/collective trusts | $4,225,287 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Held in mutual funds | $33,805 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014170203NAL0001710659001, received 2025-10-14 |
| Independent auditor | ERNST & YOUNG, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014170203NAL0001710659001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014170203NAL0001710659001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VANGUARD GROUP, INC.recordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 37 Participant loan processing; 16 Consulting (general); 50 Direct payment from the plan; 28 Investment management; 52 Investment management fees paid indirectly by plan | $3,131 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014170203NAL0001710659001, received 2025-10-14.
FEDEX DIVERSIFIED BOND FUND (EIN 872808374, PN 001): plan interest $8, 0.0% of the trust. The trust's own filing (20251014155408NAL0006757874001, received 2025-10-14) reports net assets $94,320,718, administrative expenses $92,950, recordkeeping fees $10,028, investment management fees $79,530 and 3 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| BLACKROCK | 28 51 | $79,530 | $0 |
| THE VANGUARD GROUP | 13 50 | $10,028 | $0 |
| NORTHERN TRUST | 19 50 | $3,392 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,758,319 | $4,337,770 | 15.4% |
| Participants with a balance | 337 | 400 | 18.7% |
| Administrative expenses | $2,346 | $3,131 | 33.5% |
| Recordkeeping fees per participant | $6.66 | $6.70 | 0.6% |
| Employer contributions | $768,686 | $944,120 | 22.8% |
Prior filing 20241015134008NAL0014738483001, received 2024-10-15; the plan years are contiguous.