Fedex Office and Print Services, Inc. 401(k) Review & Grade
Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan
Plano, TXRetail Trade13,308 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,858Employer $ per active participant
$4,199Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.4BNet plan assets, end of year
$70,652Average balance per account
Score breakdown
- Employer generosity48.8 / 5098th percentile for employer $ per participant
- Low cost19.4 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1593th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 10,000+ active participants (124 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 78th |
| Employee saving | 93th |
| Peers that auto-enroll | 32% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($6,851 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $197 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Fedex Office and Print Services put in about $3,858 per active participant, more than the typical peer ($689). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $51,336,636 |
| Participant (employee) contributions | $55,874,542 |
| Other contributions (incl. rollovers in) | $2,698,462 |
| Administrative expenses paid from the plan | $532,503 |
| Investment advisory & management fees | $281,599 |
| Other admin expenses | $142,546 |
| Benefits paid out | $124,735,217 |
| Net assets, start / end of year | $1.3B / $1.4B |
| Active participants, start / end of year | 13,321 / 13,295 |
| Participants with account balances | 20,115 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst & Young LLP |
Largest service providers (Schedule C)
| Vanguard Group Inc. | $331,954 reported compensation |
| Vanguard Advisers Inc. | $281,599 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014165326NAL0001671251001, received 2025-10-14, EIN 77-0433330, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.