BrightScope Rating
Company:
FedEx Corporation
Plan:
Federal Express Corporation Pilots' Retirement Savings Plan
FedEx Corporation
84
Plan:
11
54
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (84) and the top rated plan (93) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $393,200 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan
and do not take into account other retirement plans and programs offered by this employer.
Plan Description
Federal Express Corporation Pilots' Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferrals, Total Plan Cost, and Account Balances. Federal Express Corporation Pilots' Retirement Savings Plan currently has over 4,600 active participants and over $1.1B in plan assets.
Plan Details
| Address | 3630 Hacks Cross Rd Memphis, TN 38125 |
| Industry | Air Transportation |
| Administrator | Hugh Skinner - Asst Treasurer |
| Net Plan Assets | $1,170,000,000 |
| Total Participants | 4,800 |
| Avg Account Balance | $240,000 |
Top 3 Investment Holdings
| 1. | Vanguard PRIMECAP | 32% |
| 2. | Vanguard Windsor | 12% |
| 3. | Vanguard Wellington | 10% |
Other Companies in Peer Group
| Union Pacific | 76.7 |
| Pacific Maritime Association | 73.6 |
| YRC Worldwide | 68.9 |
| America West Holdings | 60.1 |
| US Airways | 54.9 |
| US Airways | 47.0 |
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